Overview
Blend’s cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. Its technology is used by Wells Fargo, U.S. Bank, and over 290 other financial services firms to acquire more customers, increase productivity, and deepen relationships. Through its software, Blend enables its customers to process an average of more than $5 billion in loans per day, helping consumers get into homes and gain access to the capital they need to lead better lives.
Basic Stats
The share price of Blend Labs, Inc. as of September 5, 2025 is $4.03 / share. This is an increase of 11.33% from the prior week. The market cap (or net worth) of Blend Labs, Inc. as of September 5, 2025 is $1,048.01 MM.
The Factor Analysis chart (below right) shows a view of Blend Labs, Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 1,048.01 MM |
| EV | 1,161.75 MM |
| Shares Out. | 260.05 MM |
| Earnings Date | |
| EPS (TTM) | -0.07 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | 0.41 |
| Short Shares Avail. | 4.10 MM |
| Short Interest | 11.22 MM |
| Short Float | 5.07 % |
| Days to Cover | 3.07 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 22.87 % |
| Volatility (1 yr) | 0.64 |
| Beta | 1.23 |
| Sharpe Ratio (1 yr) | 0.29 |
| Sortino Ratio (1 yr) | 0.49 |
| PE Ratio | -54.25 |
| Price/Book | 8.21 |
| Price/TBV | -46.29 |
| Book/Market | 0.12 |
| EBIT/EV | -0.01 |
| EBIT(3yr avg)/EV | -0.13 |
| ROA | -0.10 |
| ROE | -0.14 |
| ROIC | -0.15 |
| CROIC | -0.04 |
| OCROIC | 0.09 |
| Implied Volatility | 125.09 % |
| Put/Call OI Ratio | 0.10 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Blend Labs, Inc. is $4.95. The forecasts range from a low of $3.54 to a high of $7.35. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Blend Labs, Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-01-11 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-11-14 | Keefe, Bruyette & Woods | Underperform | Market Perform | Upgrade |
| 2022-11-14 | Canaccord Genuity | Hold | Maintains | |
| 2022-11-11 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-11-11 | Piper Sandler | Neutral | Maintains | |
| 2022-10-18 | Goldman Sachs | Buy | Maintains | |
| 2022-08-19 | Canaccord Genuity | Hold | Maintains | |
| 2022-08-16 | Piper Sandler | Neutral | Maintains | |
| 2022-07-25 | Keefe, Bruyette & Woods | Market Perform | Underperform | Downgrade |
| 2022-07-18 | Piper Sandler | Neutral | Maintains | |
| 2022-07-07 | Keybanc | Overweight | Sector Weight | Downgrade |
| 2022-05-25 | Compass Point | Neutral | Initiate | |
| 2022-05-13 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-05-13 | Piper Sandler | Neutral | Maintains | |
| 2022-04-19 | Goldman Sachs | Buy | Maintains | |
| 2022-04-04 | William Blair | Outperform | Market Perform | Downgrade |
| 2022-04-04 | Goldman Sachs | Buy | Maintains | |
| 2022-04-01 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| 2022-04-01 | Truist Securities | Hold | Maintains | |
| 2022-04-01 | Piper Sandler | Overweight | Neutral | Downgrade |
| 2022-04-01 | Keybanc | Overweight | Maintains | |
| 2022-04-01 | Canaccord Genuity | Buy | Hold | Downgrade |
| 2022-03-31 | Goldman Sachs | Buy | Maintains | |
| 2022-03-21 | Truist Securities | Buy | Hold | Downgrade |
| 2022-03-15 | Wells Fargo | Overweight | Maintains | |
| 2022-02-14 | Keefe, Bruyette & Woods | Market Perform | Initiate | |
| 2022-01-25 | Keybanc | Overweight | Maintains | |
| 2022-01-13 | Piper Sandler | Overweight | Maintains | |
| 2021-12-13 | Wells Fargo | Overweight | Maintains | |
| 2021-12-10 | Piper Sandler | Overweight | Maintains | |
| 2021-11-12 | Keybanc | Overweight | Maintains | |
| 2021-11-11 | Piper Sandler | Overweight | Maintains | |
| 2021-08-20 | Keybanc | Overweight | Maintains | |
| 2021-08-10 | William Blair | Outperform | Initiate | |
| 2021-08-10 | Wells Fargo | Overweight | Initiate | |
| 2021-08-10 | UBS | Neutral | Initiate | |
| 2021-08-10 | Truist Securities | Buy | Initiate | |
| 2021-08-10 | Piper Sandler | Overweight | Initiate | |
| 2021-08-10 | Keybanc | Overweight | Initiate | |
| 2021-08-10 | Goldman Sachs | Buy | Initiate | |
| 2021-08-10 | Canaccord Genuity | Buy | Initiate | |
| 2023-03-09 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-03-20 | Piper Sandler | Neutral | Maintains | |
| 2023-03-17 | Wells Fargo | Equal-Weight | Maintains | |
| 2023-03-17 | Canaccord Genuity | Hold | Maintains | |
| 2023-05-11 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-05-15 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2023-05-15 | Canaccord Genuity | Hold | Hold | Reiterate |
| 2023-04-28 | Goldman Sachs | Buy | Maintains | |
| 2023-05-10 | Piper Sandler | Neutral | Neutral | Maintains |
| 2023-05-10 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2023-05-10 | Goldman Sachs | Buy | Maintains | |
| 2023-12-20 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| 2023-08-10 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2023-09-27 | Canaccord Genuity | Hold | Hold | Reiterate |
| 2023-08-15 | Canaccord Genuity | Hold | Hold | Reiterate |
| 2024-03-15 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-11-08 | Goldman Sachs | Buy | Buy | Maintains |
| 2023-11-07 | Goldman Sachs | Buy | Buy | Maintains |
| 2024-03-19 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-03-18 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-03-18 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-05-08 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-05-10 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-08-09 | William Blair | Market Perform | Outperform | Upgrade |
| 2024-08-09 | Goldman Sachs | Buy | Buy | Maintains |
| 2024-12-18 | JMP Securities | Market Outperform | Initiate | |
| 2025-03-13 | Citizens Capital Markets | Market Outperform | Market Outperform | Reiterate |
| 2024-11-07 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-11-07 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-11-07 | Goldman Sachs | Buy | Buy | Maintains |
| 2024-11-07 | Canaccord Genuity | Buy | Buy | Maintains |
| 2024-12-05 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-10-23 | UBS | Neutral | Neutral | Maintains |
| 2024-08-12 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-08-12 | Canaccord Genuity | Hold | Buy | Upgrade |
| 2025-02-28 | UBS | Neutral | Neutral | Maintains |
| 2024-12-20 | Canaccord Genuity | Buy | Buy | Maintains |
| 2025-02-28 | Canaccord Genuity | Buy | Buy | Maintains |
| 2025-03-03 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-08-08 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-08-08 | UBS | Neutral | Neutral | Maintains |
| 2025-04-22 | Wells Fargo | Overweight | Overweight | Maintains |
| 2025-08-22 | Canaccord Genuity | Buy | Buy | Maintains |
| 2025-05-19 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-05-28 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2025-05-12 | Canaccord Genuity | Buy | Buy | Maintains |
| 2025-05-12 | Goldman Sachs | Buy | Buy | Maintains |
