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Blend Labs Inc
NYSE:BLND

Watchlist Manager
Blend Labs Inc
NYSE:BLND
Watchlist
Price: 1.25 USD -0.79% Market Closed
Updated: Nov 30, 2022

Intrinsic Value

The intrinsic value of one BLND stock under the Base Case scenario is 2.27 USD. Compared to the current market price of 1.25 USD, Blend Labs Inc is Undervalued by 45%.

The Intrinsic Value is calculated as the average of the two valuation methods:

BLND Intrinsic Value
Base Case
2.27 USD
Undervaluation 45%
Intrinsic Value
Price
B
Worst Case
Base Case
Best Case

Fundamental Analysis

BLND Profitability Score
Profitability Due Diligence

Blend Labs Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative 3-Year Average ROIC
Negative Free Cash Flow
Negative Operating Income
25/100
Profitability
Score

Blend Labs Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.

BLND Solvency Score
Solvency Due Diligence

Blend Labs Inc's solvency score is 39/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Average D/E
Long-Term Liabilities
39/100
Solvency
Score

Blend Labs Inc's solvency score is 39/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
40%
Gross Margin
-98%
Operating Margin
-277%
Net Margin
-69%
FCF Margin
-151%
ROE
-81%
ROIC
Other

BLND Capital Structure
Blend Labs Inc

Market Capitalization 297M USD
Total Debt 216M USD
Minority Interest 39.5M USD
Preferred Equity 0 USD
Cash and Equivalents 114M USD
Short-Term Investments 286M USD
Enterprise Value 152M USD

Wall St
Price Targets

BLND Price Targets Summary
Blend Labs Inc

Wall Street analysts forecast BLND stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BLND is 2.77 USD .

Lowest
Price Target
Not Available
Average
Price Target
2.77 USD
122% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

BLND Competitors
Blend Labs Inc

BLND Suppliers & Customers
Blend Labs Inc

Blend Labs Inc has 5 key suppliers from 1 countries and 4 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Blend Labs Inc has 8 key customers from 2 countries and 4 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Banking industry.

Ownership

BLND Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 73.07% of the company. Insiders own 26.66%. The biggest insider is Mhatre Ravi (10 percent owner), who owns 13.04% of Blend Labs Inc.

Insiders
26.66%
Institutions
50.45%
Other
22.9%
Insiders
26.66%
Mhatre Ravi
10 percent owner
Ownership
13.0449%
Market Value
38.4M USD
Shares
30 690 316
Chen Gerald C.
Director
Ownership
7.6855%
Market Value
22.6M USD
Shares
18 081 447
Ghamsari Nima
Head of Blend
Ownership
5.2635%
Market Value
15.5M USD
Shares
12 383 331
Mayopoulos Timothy J
President
Ownership
0.2651%
Market Value
780k USD
Shares
623 690
Sumner Crystal
Head of Legal, Compliance,Risk
Ownership
0.2611%
Market Value
768k USD
Shares
614 381
Greenberg Marc S.
Head of Finance
Ownership
0.0626%
Market Value
184k USD
Shares
147 324
Gupta Manish K.
Principal Accounting Officer
Ownership
0.0332%
Market Value
97.5k USD
Shares
78 010
Chan Jonathan Y.
Principal Accounting Officer
Ownership
0.0282%
Market Value
82.8k USD
Shares
66 263
Burnham Ciara
Director
Ownership
0.0063%
Market Value
18.7k USD
Shares
14 923
Ferguson Roger W. Jr.
Director
Ownership
0.0056%
Market Value
16.6k USD
Shares
13 271
Institutions
50.45%
Back

BLND Insider Trading
Buy and sell transactions by insiders

Blend Labs Inc insiders have only sold shares in the past 12 months.

During the last 12 months Blend Labs Inc insiders have not bought any shares, and sold 1.3M USD worth of shares. The last transaction was made on Nov 30, 2022 by Greenberg Marc S. (Head of Finance), who sold 31.7k USD worth of BLND shares.

Sold
0-3
months
678k USD
4
3-6
months
314k USD
2
6-9
months
197k USD
3
9-12
months
71.5k USD
2
Bought
0-3
months
0
0 USD
3-6
months
0
0 USD
6-9
months
0
0 USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
678k USD
N/A
-677.5k
6 Months
992k USD
N/A
-991.7k
9 Months
1.2M USD
N/A
-1.2M
12 Months
1.3M USD
N/A
-1.3M
Purchases
0
Sales
30
Why is insider trading important?

Shareholder Return

BLND Price
Blend Labs Inc

1M 1M
-50%
6M 6M
-63%
1Y 1Y
-89%
3Y 3Y
-94%
5Y 5Y
-94%
Annual Price Range
1.25
52w Low
1.25
52w High
11.44
Price Metrics
Average Annual Return
N/A
Standard Deviation of Annual Returns
N/A
Max Drawdown -94%

Company Profile

Blend Labs Inc

Country

United States of America

Industry

Technology

Market Cap

297M USD

Dividend Yield

0%

Description

Blend Labs, Inc. offers a cloud-based software platform for financial services firms that are designed to power the end-to-end consumer journey for banking products. The company is headquartered in San Francisco, California and currently employs 1,689 full-time employees. The company went IPO on 2021-07-16. The firm operates through two segments: Blend Platform and Title365. The Blend Platform segment is a software platform that powers the digital interface between financial services firms and consumers. Title365 segment is an underwritten title insurance agency that is engaged in selling title insurance policies and escrow services throughout the United States. Title365 segment with its software platform enables financial services firms to automate title commitments and streamline communication with consumers and settlement teams. The firm offers products, including mortgages, home equity, vehicle loans, personal loans, credit cards and deposit accounts. The Company’s range of financial providers includes banks, credit unions and financial technology.

Contact

CALIFORNIA
San Francisco
415 Kearny St.
+16505504810.0
https://blend.com/

IPO

2021-07-16

Employees

1 689

Officers

Co-Founder, Chairman, CEO & Head of Blend
Mr. Nima Ghamsari
Pres & Director
Mr. Timothy J. Mayopoulos
Co-Founder & Director
Mr. Erin James Collard
Head of Legal, Compliance and Risk & Corp. Sec.
Ms. Crystal Sumner
Co-Founder
Mr. Rosco Hill
Head Of Fin. and Facilities & Principal Financial Officer
Mr. Marc S. Greenberg
Show More
Head of Customer Success & Operations
Mr. Sebastian Joll
Controller & Principal Accounting Officer
Mr. Manish Gupta
Head of Treasury & Investor Relations
Mr. Dan L. Smith
Head of Marketing
Mr. Naman Khan
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one BLND stock?

The intrinsic value of one BLND stock under the Base Case scenario is 2.27 USD.

Is BLND stock undervalued or overvalued?

Compared to the current market price of 1.25 USD, Blend Labs Inc is Undervalued by 45%.