Blend Labs Inc (BLND) concluded trading on Thursday at a closing price of $3.53, with 3.53 million shares of worth about $12.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.08% during that period and on May 22, 2025 the price saw a gain of about 1.73%. Currently the company’s common shares owned by public are about 255.08M shares, out of which, 204.19M shares are available for trading.
Stock saw a price change of -3.02% in past 5 days and over the past one month there was a price change of 10.66%. Year-to-date (YTD), BLND shares are showing a performance of -16.15% which increased to 12.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.08 but also hit the highest price of $5.53 during that period. The average intraday trading volume for Blend Labs Inc shares is 3.44 million. The stock is currently trading 2.59% above its 20-day simple moving average (SMA20), while that difference is up 3.83% for SMA50 and it goes to -7.06% lower than SMA200.
Blend Labs Inc (NYSE: BLND) currently have 255.08M outstanding shares and institutions hold larger chunk of about 47.74% of that.
The stock has a current market capitalization of $912.59M and its 3Y-monthly beta is at 1.29. It has posted earnings per share of -$0.21 in the same period. It has Quick Ratio of 2.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BLND, volatility over the week remained 2.61% while standing at 2.43% over the month.
Analysts are in expectations that Blend Labs Inc (BLND) stock would likely to be making an EPS of 0.02 in the current quarter, while forecast for next quarter EPS is 0.02 and it is 0.13 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.02 which is 0.02 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 141.67% while it is estimated to increase by 130.51% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JMP Securities on December 18, 2024 offering a Mkt outperform rating for the stock and assigned a target price of $7 to it. Coverage by Canaccord Genuity stated Blend Labs Inc (BLND) stock as a Buy in their note to investors on August 12, 2024, suggesting a price target of $4.75 for the stock. On August 09, 2024, William Blair Upgrade their recommendations, while on December 20, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $3.50. Stock get a Mkt perform rating from Keefe Bruyette on November 14, 2022.
