Blend Labs Stock Today
| BLND Stock | USD 5.21 0.14 2.76% |
Performance11 of 100
| Odds Of DistressOver 67
|
Blend Labs is trading at 5.21 as of the 22nd of November 2024, a 2.76 percent increase since the beginning of the trading day. The stock's lowest day price was 4.94. Blend Labs has more than 67 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Blend Labs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 16th of July 2021 | Category Technology | Classification Information Technology |
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California. Blend Labs operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 252.18 M outstanding shares of which 12.73 M shares are currently shorted by private and institutional investors with about 8.93 trading days to cover. More on Blend Labs
Moving together with Blend Stock
Blend Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Nima Ghamsari | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsBlend Labs can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Blend Labs' financial leverage. It provides some insight into what part of Blend Labs' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Blend Labs (BLND) is traded on New York Stock Exchange in USA. It is located in 415 Kearny Street, San Francisco, CA, United States, 94108 and employs 881 people. Blend Labs is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.3 B. Blend Labs conducts business under Software sector and is part of Information Technology industry. The entity has 252.18 M outstanding shares of which 12.73 M shares are currently shorted by private and institutional investors with about 8.93 trading days to cover.
Blend Labs currently holds about 450.5 M in cash with (127.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92.
Check Blend Labs Probability Of Bankruptcy
Ownership AllocationBlend Labs holds a total of 252.18 Million outstanding shares. Over half of Blend Labs' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Blend Ownership Details
Blend Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| J. Goldman & Co Lp | 2024-06-30 | 3.1 M | |
| Principal Financial Group Inc | 2024-09-30 | 2.7 M | |
| Goodnow Investment Group Llc | 2024-09-30 | 2.5 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.3 M | |
| Northern Trust Corp | 2024-09-30 | 1.9 M | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.6 M | |
| Renaissance Technologies Corp | 2024-09-30 | 1 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 982.8 K | |
| Qube Research & Technologies | 2024-06-30 | 951.6 K | |
| General Atlantic Llc | 2024-09-30 | 19.1 M | |
| Vanguard Group Inc | 2024-09-30 | 16.4 M |
Blend Labs Historical Income Statement
Blend Stock Against Markets
Blend Labs Corporate Management
| Marc Greenberg | Head of Finance and People Operations | Profile | |
| Oxana Tkach | Controller Officer | Profile | |
| Crystal Sumner | Compliance Legal | Profile | |
| Naman Khan | Head Marketing | Profile | |
| Winnie Ling | Head People | Profile | |
| Erin Collard | CoFounder Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blend Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Blend Stock refer to our How to Trade Blend Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blend Labs. If investors know Blend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blend Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 0.622 | Quarterly Revenue Growth 0.113 | Return On Assets (0.15) | Return On Equity (0.77) |
The market value of Blend Labs is measured differently than its book value, which is the value of Blend that is recorded on the company's balance sheet. Investors also form their own opinion of Blend Labs' value that differs from its market value or its book value, called intrinsic value, which is Blend Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blend Labs' market value can be influenced by many factors that don't directly affect Blend Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blend Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blend Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blend Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.