Blend Labs (BLND) Stock Forecast, Price Target & Predictions
BLND Stock Forecast
Blend Labs stock forecast is as follows: an average price target of $7.25 (represents a 43.00% upside from BLND’s last price of $5.07) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
BLND Price Target
The average price target for Blend Labs (BLND) is $7.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $4.75. This represents a potential 43.00% upside from BLND's last price of $5.07.
BLND Analyst Ratings
According to 5 Wall Street analysts, Blend Labs's rating consensus is 'Buy'. The analyst rating breakdown for BLND stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Blend Labs Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Joseph Vafi | Canaccord Genuity | $4.75 | $3.66 | 29.78% | -6.31% |
| Nov 14, 2022 | - | Canaccord Genuity | $3.00 | $2.20 | 36.36% | -40.83% |
| Apr 19, 2022 | - | Goldman Sachs | $7.00 | $5.00 | 40.00% | 38.07% |
| Jan 25, 2022 | Josh Beck | KeyBanc | $10.00 | $7.22 | 38.50% | 97.24% |
The latest Blend Labs stock forecast, released on Aug 12, 2024 by Joseph Vafi from Canaccord Genuity, set a price target of $4.75, which represents a 29.78% increase from the stock price at the time of the forecast ($3.66), and a -6.31% decrease from BLND last price ($5.07).
Blend Labs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $4.75 |
| Last Closing Price | $5.07 | $5.07 | $5.07 |
| Upside/Downside | -100.00% | -100.00% | -6.31% |
In the current month, the average price target of Blend Labs stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Blend Labs's last price of $5.07. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 12, 2024 | Canaccord Genuity | Hold | Buy | Upgrade |
| Aug 09, 2024 | William Blair | - | Outperform | Upgrade |
| May 10, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Dec 20, 2023 | Wells Fargo | - | Overweight | Upgrade |
| Nov 14, 2022 | Canaccord Genuity | Hold | Hold | Hold |
| Nov 14, 2022 | Keefe, Bruyette & Woods | - | Market Perform | Upgrade |
| Jan 25, 2022 | KeyBanc | Overweight | Overweight | Hold |
Blend Labs's last stock rating was published by Canaccord Genuity on Aug 12, 2024. The company Upgrade its BLND rating from "Hold" to "Buy".
Blend Labs Financial Forecast
Blend Labs Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $36.10M | $40.59M | $42.81M | $37.34M | $42.78M | $55.35M | $65.54M | $71.52M | $80.99M | $89.57M | $32.06M |
| Avg Forecast | $62.10M | $60.41M | $56.81M | $52.00M | $52.70M | $52.61M | $47.28M | $42.79M | $41.38M | $41.91M | $38.97M | $34.54M | $37.56M | $40.26M | $40.11M | $33.72M | $44.92M | $51.17M | $59.44M | $64.43M | $81.25M | $86.28M | $93.02M |
| High Forecast | $64.25M | $62.50M | $58.77M | $53.80M | $54.53M | $54.43M | $48.91M | $44.27M | $42.82M | $41.92M | $38.97M | $34.54M | $37.58M | $40.26M | $41.50M | $34.88M | $46.48M | $51.17M | $59.44M | $64.43M | $81.25M | $86.28M | $93.02M |
| Low Forecast | $60.36M | $58.72M | $55.22M | $50.54M | $51.23M | $51.13M | $45.95M | $41.59M | $40.22M | $41.89M | $38.97M | $34.54M | $37.54M | $40.26M | $38.99M | $32.77M | $43.66M | $51.17M | $59.44M | $64.43M | $81.25M | $86.28M | $93.02M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.01% | 1.07% | 1.11% | 0.95% | 1.08% | 1.10% | 1.11% | 1.00% | 1.04% | 0.34% |
Blend Labs's average Quarter revenue forecast for Mar 24 based on 2 analysts is $34.54M, with a low forecast of $34.54M, and a high forecast of $34.54M. BLND's average Quarter revenue forecast represents a -4.34% decrease compared to the company's last Quarter revenue of $36.10M (Dec 23).
Blend Labs EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-21.87M | $-36.20M | $-36.72M | $-44.34M | $-70.66M | $-60.83M | $-67.73M | $-64.27M | $-69.27M | $-64.78M | $-37.56M |
| Avg Forecast | $-54.70M | $-53.21M | $-50.03M | $-45.80M | $-46.42M | $-46.34M | $-41.64M | $-37.69M | $-36.45M | $-36.91M | $-34.33M | $-30.42M | $-33.08M | $-35.46M | $-35.33M | $-29.70M | $-39.57M | $-44.24M | $-51.39M | $-55.70M | $-70.25M | $-74.59M | $-48.29M |
| High Forecast | $-53.16M | $-51.72M | $-48.63M | $-44.51M | $-45.12M | $-45.04M | $-40.47M | $-36.63M | $-35.43M | $-36.89M | $-34.33M | $-30.42M | $-33.06M | $-35.46M | $-34.34M | $-28.86M | $-38.46M | $-44.24M | $-51.39M | $-55.70M | $-70.25M | $-74.59M | $-38.63M |
| Low Forecast | $-56.59M | $-55.05M | $-51.77M | $-47.38M | $-48.03M | $-47.94M | $-43.08M | $-38.99M | $-37.71M | $-36.92M | $-34.33M | $-30.42M | $-33.10M | $-35.46M | $-36.55M | $-30.73M | $-40.94M | $-44.24M | $-51.39M | $-55.70M | $-70.25M | $-74.59M | $-57.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 1.02% | 1.04% | 1.49% | 1.79% | 1.37% | 1.32% | 1.15% | 0.99% | 0.87% | 0.78% |
undefined analysts predict BLND's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Blend Labs's previous annual EBITDA (undefined) of $NaN.
Blend Labs Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-31.81M | $-43.21M | $-42.82M | $-66.19M | $-81.44M | $-132.75M | $-477.20M | $-72.42M | $-59.33M | $-76.33M | $5.77M |
| Avg Forecast | $6.06M | $5.80M | $4.80M | $2.86M | $3.66M | $5.86M | $3.00M | $923.54K | $1.38M | $-5.57M | $-11.86M | $-18.62M | $-22.28M | $-23.25M | $-32.87M | $-46.31M | $-41.91M | $-41.07M | $-49.89M | $-47.46M | $-48.20M | $-27.85M | $7.41M |
| High Forecast | $6.34M | $6.06M | $5.01M | $2.99M | $3.83M | $6.12M | $3.13M | $965.11K | $1.44M | $-5.37M | $-11.43M | $-17.94M | $-21.47M | $-22.41M | $-31.68M | $-44.62M | $-40.39M | $-41.07M | $-49.89M | $-47.46M | $-48.20M | $-27.85M | $8.90M |
| Low Forecast | $5.84M | $5.59M | $4.62M | $2.76M | $3.53M | $5.65M | $2.89M | $889.90K | $1.33M | $-5.82M | $-12.39M | $-19.46M | $-23.28M | $-24.30M | $-34.35M | $-48.40M | $-43.80M | $-41.07M | $-49.89M | $-47.46M | $-48.20M | $-27.85M | $5.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 1.86% | 1.30% | 1.43% | 1.94% | 3.23% | 9.56% | 1.53% | 1.23% | 2.74% | 0.78% |
Blend Labs's average Quarter net income forecast for Sep 21 is $-27.85M, with a range of $-27.85M to $-27.85M. BLND's average Quarter net income forecast represents a -583.05% decrease compared to the company's last Quarter net income of $5.77M (Jun 21).
Blend Labs SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $26.48M | $30.31M | $35.77M | $38.25M | $53.36M | $52.66M | $58.91M | $59.44M | $62.30M | $80.98M | $38.45M |
| Avg Forecast | $59.77M | $58.15M | $54.68M | $50.05M | $50.73M | $50.64M | $45.51M | $41.19M | $39.83M | $40.34M | $37.51M | $33.24M | $36.15M | $38.75M | $38.61M | $32.45M | $43.24M | $49.25M | $57.21M | $62.02M | $78.21M | $83.05M | $49.44M |
| High Forecast | $61.84M | $60.16M | $56.57M | $51.78M | $52.49M | $52.39M | $47.08M | $42.62M | $41.21M | $40.35M | $37.51M | $33.24M | $36.17M | $38.75M | $39.95M | $33.58M | $44.74M | $49.25M | $57.21M | $62.02M | $78.21M | $83.05M | $59.33M |
| Low Forecast | $58.10M | $56.52M | $53.15M | $48.65M | $49.31M | $49.22M | $44.23M | $40.03M | $38.72M | $40.32M | $37.51M | $33.24M | $36.13M | $38.75M | $37.53M | $31.54M | $42.03M | $49.25M | $57.21M | $62.02M | $78.21M | $83.05M | $39.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.78% | 0.93% | 1.18% | 1.23% | 1.07% | 1.03% | 0.96% | 0.80% | 0.98% | 0.78% |
Blend Labs's average Quarter SG&A projection for Mar 24 is $33.24M, based on 2 Wall Street analysts, with a range of $33.24M to $33.24M. The forecast indicates a 25.53% rise compared to BLND last annual SG&A of $26.48M (Dec 23).
Blend Labs EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.13 | $-0.18 | $-0.18 | $-0.27 | $-0.34 | $-0.56 | $-2.05 | $-0.31 | $-0.30 | $-0.38 | $0.03 |
| Avg Forecast | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | - | $0.01 | $-0.02 | $-0.05 | $-0.07 | $-0.09 | $-0.09 | $-0.13 | $-0.18 | $-0.16 | $-0.16 | $-0.20 | $-0.19 | $-0.19 | $-0.11 | $-0.07 |
| High Forecast | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | - | $0.01 | $-0.02 | $-0.04 | $-0.07 | $-0.08 | $-0.09 | $-0.12 | $-0.18 | $-0.16 | $-0.16 | $-0.20 | $-0.19 | $-0.19 | $-0.11 | $-0.07 |
| Low Forecast | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | - | $0.01 | $-0.02 | $-0.05 | $-0.08 | $-0.09 | $-0.10 | $-0.13 | $-0.19 | $-0.17 | $-0.16 | $-0.20 | $-0.19 | $-0.19 | $-0.11 | $-0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.49% | 1.97% | 1.40% | 1.49% | 2.07% | 3.45% | 10.40% | 1.65% | 1.58% | 3.45% | -0.38% |
According to 2 Wall Street analysts, Blend Labs's projected average Quarter EPS for Sep 21 is $-0.11, with a low estimate of $-0.11 and a high estimate of $-0.11. This represents a -518.48% decrease compared to BLND previous annual EPS of $0.03 (Jun 21).
Blend Labs Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $3.07 | $13.75 | 347.88% | Buy |
| LAW | CS Disco | $5.44 | $24.14 | 343.75% | Hold |
| ONTF | ON24 | $6.25 | $18.00 | 188.00% | - |
| WALD | Waldencast | $3.41 | $6.50 | 90.62% | Buy |
| VTEX | VTEX | $6.28 | $10.13 | 61.31% | Buy |
| PD | PagerDuty | $18.84 | $30.13 | 59.93% | Buy |
| BRZE | Braze | $36.02 | $55.77 | 54.83% | Buy |
| FRSH | Freshworks | $15.28 | $22.08 | 44.50% | Buy |
| BLND | Blend Labs | $5.07 | $7.25 | 43.00% | Buy |
| SEMR | Semrush | $14.27 | $18.67 | 30.83% | Buy |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |