The stock of Blend Labs Inc (BLND) has gone up by 3.06% for the week, with a 5.21% rise in the past month and a 11.29% rise in the past quarter. The volatility ratio for the week is 5.90%, and the volatility levels for the past 30 days are 5.97% for BLND. The simple moving average for the last 20 days is 8.53% for BLND stock, with a simple moving average of 15.39% for the last 200 days.
Is It Worth Investing in Blend Labs Inc (NYSE: BLND) Right Now?
The stock has a 36-month beta value of 1.37. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for BLND is 208.31M, and at present, short sellers hold a 4.75% of that float. On February 05, 2025, the average trading volume of BLND was 3.16M shares.
BLND) stock’s latest price update
Blend Labs Inc (NYSE: BLND) has seen a rise in its stock price by 7.16 in relation to its previous close of 3.77. However, the company has experienced a 3.06% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-01 that Here is how Blend Labs (BLND) and Itron (ITRI) have performed compared to their sector so far this year.
Analysts’ Opinion of BLND
Many brokerage firms have already submitted their reports for BLND stocks, with JMP Securities repeating the rating for BLND by listing it as a “Mkt Outperform.” The predicted price for BLND in the upcoming period, according to JMP Securities is $7 based on the research report published on December 18, 2024 of the previous year 2024.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see BLND reach a price target of $4.75, previously predicting the price at $3. The rating they have provided for BLND stocks is “Buy” according to the report published on August 12th, 2024.
BLND Trading at -7.99% from the 50-Day Moving Average
After a stumble in the market that brought BLND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.88% of loss for the given period.
Volatility was left at 5.97%, however, over the last 30 days, the volatility rate increased by 5.90%, as shares surge +6.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.71% lower at present.
During the last 5 trading sessions, BLND rose by +3.06%, which changed the moving average for the period of 200-days by +68.33% in comparison to the 20-day moving average, which settled at $3.72. In addition, Blend Labs Inc saw -4.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BLND starting from Kneafsey Brian, who sale 30,000 shares at the price of $3.73 back on Jan 28 ’25. After this action, Kneafsey Brian now owns 776,759 shares of Blend Labs Inc, valued at $112,008 using the latest closing price.
Kneafsey Brian, the Officer of Blend Labs Inc, proposed sale 30,000 shares at $3.73 during a trade that took place back on Jan 28 ’25, which means that Kneafsey Brian is holding shares at $112,007 based on the most recent closing price.
Stock Fundamentals for BLND
Current profitability levels for the company are sitting at:
- -0.43 for the present operating margin
- 0.54 for the gross margin
The net margin for Blend Labs Inc stands at -0.52. The total capital return value is set at -0.48. Equity return is now at value -786.76, with -34.01 for asset returns.
Based on Blend Labs Inc (BLND), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -5.53. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -4.9.
Currently, EBITDA for the company is -143.21 million with net debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 6.18. The receivables turnover for the company is 8.22for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.21.
Conclusion
To sum up, Blend Labs Inc (BLND) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
