Blend Labs, Inc.
General ticker "BLND" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $948.2M (TTM average)
Blend Labs, Inc. follows the US Stock Market performance with the rate: 8.7%.
Estimated limits based on current volatility of 2.1%: low 3.10$, high 3.23$
Factors to consider:
- Total employees count: 540 (-38.7%) as of 2024
- Top business risk factors: Economic downturns and volatility, Market competition, Reputation and brand risks, Technology infrastructure, Labor/talent shortage/retention
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [2.78$, 6.69$]
- 2025-12-31 to 2026-12-31 estimated range: [2.11$, 5.25$]
Financial Metrics affecting the BLND estimates:
- Positive: with PPE of -29.4 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -1.17 <= 0.33
- Positive: Investing cash flow per share per price, % of 4.06 > -0.66
- Positive: Inventory ratio change, % of -5.20 <= -0.75
- Negative: negative Industry operating cash flow (median)
- Positive: Interest expense per share per price, % of 0.60 <= 0.79
- Negative: Shareholder equity ratio, % of -31.66 <= 18.93
Short-term BLND quotes
Long-term BLND plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $235.20MM | $156.85MM | $162.02MM |
| Operating Expenses | $981.38MM | $313.07MM | $211.64MM |
| Operating Income | $-746.18MM | $-156.22MM | $-49.62MM |
| Non-Operating Income | $-19.87MM | $-23.56MM | $6.31MM |
| Interest Expense | $24.79MM | $30.81MM | $6.75MM |
| R&D Expense | $138.09MM | $81.59MM | $46.09MM |
| Income(Loss) | $-766.05MM | $-179.78MM | $-43.31MM |
| Taxes | $-2.24MM | $0.09MM | $0.11MM |
| Profit(Loss)* | $-768.61MM | $-185.32MM | $-43.34MM |
| Stockholders Equity | $123.17MM | $-19.24MM | $-56.36MM |
| Assets | $432.76MM | $206.06MM | $178.01MM |
| Operating Cash Flow | $-190.42MM | $-127.62MM | $-13.04MM |
| Capital expenditure | $2.07MM | $0.59MM | $9.84MM |
| Investing Cash Flow | $99.43MM | $127.31MM | $45.40MM |
| Financing Cash Flow | $2.22MM | $-90.96MM | $-21.06MM |
| Earnings Per Share** | $-3.28 | $-0.76 | $-0.17 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.