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Blend Labs, Inc. (BLND)

Technology | Software - Application | Novato, United States | NYSE
1.59 USD -0.02 (-1.553%) ⇩ (April 21, 2026, 1:24 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:56 p.m. EDT

Despite a company news headline regarding a 'direct director buying $6.5m,' the math is irreconcilable with the price action: the stock has just plummeted 30% to hit a 52-week low, and the technicals are in a marauding freefall with no signs of recovery. The 'volatility tax' embedded in the options (premium too cheap for the real risk) and the shattered analyst price targets make this a trap. Avoid.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.442897
AutoARIMA0.450259
MSTL0.452572
AutoTheta0.461579

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 2.81
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.77
Attribute Value
Sector Technology
Debt to Equity Ratio 1.145
Revenue per Share 0.477
Market Cap 411,698,880
Forward P/E 12.99
Beta 1.22
Profit Margins -5.50%
Website https://www.blend.com

As of April 18, 2026, 10:56 p.m. EDT: Options data indicates a strong 'gamma' spill or volatility anchor at the $3.0 strike across multiple expirations (April, May, August), with Higher OI (16k, 1.4k, 1.6k contract equivalents) suggesting a speculative barrier or stop-loss zone. However, realized volatility (7-10%) significantly exceeds implied volatility (1.3-1.4%), indicating a collapsed IV surface that historically coincides with periodized volatility spikes. While the $3.0 anchor suggests buyers are positioning for a move there, the recent 30% drop and low contract volume on the upside strikes suggest the bullish case is fragile.


Info Dump

Attribute Value
52 Week Change -0.48231512
Address1 7,250 Redwood Blvd.
Address2 Suite 300
All Time High 21.04
All Time Low 0.529
Ask 1.6
Ask Size 17,000
Audit Risk 2
Average Daily Volume10 Day 3,524,270
Average Daily Volume3 Month 4,174,686
Average Volume 4,174,686
Average Volume10Days 3,524,270
Beta 1.223
Bid 1.59
Bid Size 38,300
Board Risk 9
Book Value -0.119
City Novato
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.585
Current Ratio 2.48
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 1.685
Day Low 1.58
Debt To Equity 1.145
Display Name Blend Labs
Earnings Call Timestamp End 1,773,174,600
Earnings Call Timestamp Start 1,773,174,600
Earnings Timestamp 1,773,172,800
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda -20,676,000
Ebitda Margins -0.1673
Enterprise To Ebitda -24.502
Enterprise To Revenue 4.099
Enterprise Value 506,609,728
Eps Current Year 0.074
Eps Forward 0.122
Eps Trailing Twelve Months -0.07
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.6846
Fifty Day Average Change -0.09959996
Fifty Day Average Change Percent -0.059123803
Fifty Two Week Change Percent -48.231514
Fifty Two Week High 4.49
Fifty Two Week High Change -2.9049997
Fifty Two Week High Change Percent -0.6469933
Fifty Two Week Low 1.33
Fifty Two Week Low Change 0.255
Fifty Two Week Low Change Percent 0.1917293
Fifty Two Week Range 1.33 - 4.49
Financial Currency USD
First Trade Date Milliseconds 1,626,442,200,000
Float Shares 220,388,465
Forward Eps 0.122
Forward P E 12.991803
Free Cashflow 24,057,000
Full Exchange Name NYSE
Full Time Employees 419
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.73769
Gross Profits 91,167,000
Has Pre Post Market Data 1
Held Percent Insiders 0.086569995
Held Percent Institutions 0.75192
Implied Shares Outstanding 259,746,921
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,021-07-16
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States, India, and Mexico. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, rapid home lending, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity lines of credit, and home equity loans. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; AI capabilities; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers application programming interfaces, which integrate the capabilities of technology, data, and service providers into software platform, as well as support services, professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
Long Name Blend Labs, Inc.
Market us_market
Market Cap 411,698,880
Market State REGULAR
Max Age 86,400
Message Board Id finmb_252789627
Most Recent Quarter 1,767,139,200
Net Income To Common -20,213,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 413,954,719
Number Of Analyst Opinions 5
Open 1.61
Operating Cashflow 11,512,000
Operating Margins -0.13801
Overall Risk 9
Payout Ratio 0.0
Phone 650 550 4810
Previous Close 1.61
Price Eps Current Year 21.418919
Price Hint 4
Price To Book -13.319327
Price To Sales Trailing12 Months 3.3313015
Profit Margins -0.05503
Quick Ratio 2.088
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.024999976
Regular Market Change Percent -1.5527935
Regular Market Day High 1.685
Regular Market Day Low 1.58
Regular Market Day Range 1.58 - 1.685
Regular Market Open 1.61
Regular Market Previous Close 1.61
Regular Market Price 1.585
Regular Market Time 1,776,792,295
Regular Market Volume 997,061
Return On Assets -0.07491
Return On Equity -0.008450001
Revenue Growth 0.077
Revenue Per Share 0.477
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 10
Shares Outstanding 253,858,348
Shares Percent Shares Out 0.0555
Shares Short 14,256,968
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 14,872,252
Short Name Blend Labs, Inc.
Short Percent Of Float 0.0614
Short Ratio 2.85
Source Interval 15
State CA
Symbol BLND
Target High Price 5.25
Target Low Price 2.25
Target Mean Price 4.1
Target Median Price 4.0
Total Cash 68,317,000
Total Cash Per Share 0.266
Total Debt 1,477,000
Total Revenue 123,585,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.07
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.8938
Two Hundred Day Average Change -1.3088
Two Hundred Day Average Change Percent -0.45227727
Type Disp Equity
Volume 997,061
Website https://www.blend.com
Zip 94,945