NYSE · BLND

Blend Labs, Inc.

$1.75 +$0.06 (+3.55%) 1D Market open

Key Metrics

$409.18M
Market cap
P/E · TTM
$127.66M
Revenue · TTM
−$5.62M
Net income
EPS · TTM $-0.02
Dividend yield
Free cash flow −$9.65M
Beta · 1Y 1.33
EBITDA · TTM $4.90M
Gross margin 74.9%

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 18.6 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • May 8
    From its Jan 29 high, the share price fell 43%.

    Peak close $2.44 on Jan 29; trough close $1.38 on May 8. The drawdown is the fact — the chapters around it are the context.

    RECEIPT: PRICE SERIES, PEAK-TO-TROUGH -43%
  • May 8
    The stock moved -14.8% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, May 8
  • Apr 23
    The stock moved -13.1% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Apr 23

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$409.18M
Enterprise value
Shares outstanding242.1M
52-wk range$1.18 – $4.49
Avg volume · 20D2.3M
Net cash
Book value / share$-0.22
IndustryServices-Computer Programming, Data Processing, Etc.
ExchangeNYSE
About Blend Labs, Inc.
IPO dateJul 16, 2021
Employees419

Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E
P/S3.21
P/FCF
EV/EBITDA
EV/Sales
Graham №

Profitability

Gross 74.9%
Operating 0.5%
Net -4.4%
FCF -7.6%
ROE / ROIC 10.0% · -0.3%

Financial Health

Current ratio1.81
Quick ratio
Debt / equity
Debt / EBITDA
Net cash
Working capital$41.65M

Cash Flow · TTM

Operating CF −$1.53M
Capex −$8.12M
Free cash flow −$9.65M
Buybacks $39.14M
Dividends paid
Shareholder yield 9.6%

Piotroski F-Score

5 / 9
Middling fundamentals · 5 of 9 signals passing

Altman Z-Score

-6.4
Distress zone (< 1.81) · elevated risk

Graham Number vs Price

Requires positive earnings and book value
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings