Blend Labs, Inc. (BLND)Technology | Software - Application | Novato, United States | NYSE
0.92 USD
-0.04
(-4.054%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 0.92 |
Hot Take ↕ | Oct. 10, 2026, 8:29 a.m. EDT
The investment case for Blend Labs is currently broken by a severe multi-year structural decline. Despite the company's pivot to agentic AI and a recent product launch, the stock has lost nearly 77% of its value over the last four years, with the most recent annual performance showing another drop. This is not a temporary correction; it is a fundamental reassessment of the business model by the market. The balance sheet shows negative book value and negative operating margins, while the recent price action confirms a continued downtrend, trading well below both its 50-day and 200-day moving averages. With no dividend to provide income and a statistical forecast model showing low confidence in any reversal, the security offers no margin of safety. Speculators are overwhelmingly positioning for further downside, making this a clear avoid for now. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.213656 |
| AutoETS | 0.222586 |
| AutoARIMA | 0.228894 |
| AutoTheta | 0.241038 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 7.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.799 |
| Excess Kurtosis | -0.13 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 2.154 |
| Revenue per Share | 0.512 |
| Market Cap | 216,598,880 |
| Forward P/E | 15.26 |
| Beta | 1.08 |
| Profit Margins | 0.02% |
| Website | https://www.blend.com |
As of Oct. 10, 2026, 8:29 a.m. EDT: Options activity reveals a distinct bearish bias with heavy put writing and open interest concentrated at strikes above the current price ($1.50 and $2.00). Call volume is negligible compared to puts, and implied volatility is significantly lower for calls than puts, indicating traders are pricing in downside risk rather than upside potential. The lack of call open interest suggests a lack of speculative bullish positioning.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.70795107 |
| Address1 | 7,250 Redwood Blvd. |
| Address2 | Suite 300 |
| All Time High | 21.04 |
| All Time Low | 0.529 |
| Ask | 0.99 |
| Ask Size | 800 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 1,350,500 |
| Average Daily Volume3 Month | 2,118,884 |
| Average Volume | 2,118,884 |
| Average Volume10Days | 1,350,500 |
| Beta | 1.083 |
| Bid | 0.9341 |
| Bid Size | 500 |
| Board Risk | 9 |
| Book Value | -0.314 |
| City | Novato |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.9158 |
| Current Ratio | 1.625 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 0.9545 |
| Day Low | 0.8863 |
| Debt To Equity | 2.154 |
| Display Name | Blend Labs |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,048,200 |
| Earnings Call Timestamp Start | 1,786,048,200 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | -14,484,000 |
| Ebitda Margins | -0.111590005 |
| Enterprise To Ebitda | -23.676 |
| Enterprise To Revenue | 2.642 |
| Enterprise Value | 342,926,912 |
| Eps Current Year | 0.0475 |
| Eps Forward | 0.06 |
| Eps Trailing Twelve Months | -0.08 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.35922 |
| Fifty Day Average Change | -0.44342005 |
| Fifty Day Average Change Percent | -0.32623124 |
| Fifty Two Week Change Percent | -70.795105 |
| Fifty Two Week High | 3.615 |
| Fifty Two Week High Change | -2.6992002 |
| Fifty Two Week High Change Percent | -0.7466667 |
| Fifty Two Week Low | 0.8863 |
| Fifty Two Week Low Change | 0.029499948 |
| Fifty Two Week Low Change Percent | 0.03328438 |
| Fifty Two Week Range | 0.8863 - 3.615 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,626,442,200,000 |
| Float Shares | 188,297,714 |
| Forward Eps | 0.06 |
| Forward P E | 15.263333 |
| Free Cashflow | 23,506,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 419 |
| Fullday Change | -0.039900005 |
| Fullday Change Percent | -4.0307107 |
| Fullday Price | 0.9158 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.74781996 |
| Gross Profits | 97,060,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.099709995 |
| Held Percent Institutions | 0.70065004 |
| Implied Shares Outstanding | 236,513,319 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,021-07-16 |
| Is Earnings Date Estimate | 0 |
| 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 | 216,598,880 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_252789627 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -16,571,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 264,894,917 |
| Number Of Analyst Opinions | 5 |
| Open | 0.94 |
| Operating Cashflow | 13,177,000 |
| Operating Margins | -0.04646 |
| Overall Risk | 10 |
| Phone | 650 550 4810 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 0.9158 |
| Post Market Time | 1,792,008,605 |
| Previous Close | 0.9545 |
| Price Eps Current Year | 19.279999 |
| Price Hint | 4 |
| Price To Book | -2.9165604 |
| Price To Sales Trailing12 Months | 1.6688282 |
| Profit Margins | 0.00024000001 |
| Quick Ratio | 1.358 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0387 |
| Regular Market Change Percent | -4.05448 |
| Regular Market Day High | 0.9545 |
| Regular Market Day Low | 0.8863 |
| Regular Market Day Range | 0.8863 - 0.9545 |
| Regular Market Open | 0.94 |
| Regular Market Previous Close | 0.9545 |
| Regular Market Price | 0.9158 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 1,755,637 |
| Return On Assets | -0.056550004 |
| Return On Equity | 0.02105 |
| Revenue Growth | 0.07 |
| Revenue Per Share | 0.512 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 233,256,934 |
| Shares Percent Shares Out | 0.045500003 |
| Shares Short | 10,763,771 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 12,332,863 |
| Short Name | Blend Labs, Inc. |
| Short Percent Of Float | 0.052800003 |
| Short Ratio | 5.29 |
| Source Interval | 15 |
| State | CA |
| Symbol | BLND |
| Target High Price | 4.0 |
| Target Low Price | 1.8 |
| Target Mean Price | 2.96 |
| Target Median Price | 3.0 |
| Total Cash | 44,867,000 |
| Total Cash Per Share | 0.19 |
| Total Debt | 2,042,000 |
| Total Revenue | 129,791,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.08 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.751255 |
| Two Hundred Day Average Change | -0.83545506 |
| Two Hundred Day Average Change Percent | -0.47706077 |
| Type Disp | Equity |
| Volume | 1,755,637 |
| Website | https://www.blend.com |
| Zip | 94,945 |