Blend Labs (NYSE:BLND – Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $32.47 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 4:30 PM ET.
Blend Labs Stock Down 2.1%
NYSE:BLND traded down $0.03 on Tuesday, hitting $1.18. The stock had a trading volume of 199,501 shares, compared to its average volume of 3,039,925. The stock has a market cap of $277.90 million, a price-to-earnings ratio of -13.05 and a beta of 1.08. The business’s 50-day simple moving average is $1.22 and its two-hundred day simple moving average is $1.63. Blend Labs has a 52-week low of $0.88 and a 52-week high of $3.44.
Insider Activity
In other news, insider Srinivasan Venkatramani sold 74,705 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $1.43, for a total transaction of $106,828.15. Following the completion of the transaction, the insider owned 236,563 shares in the company, valued at $338,285.09. This trade represents a 24.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nima Ghamsari sold 27,775 shares of the business’s stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $0.92, for a total value of $25,553.00. Following the completion of the sale, the insider owned 7,750,693 shares in the company, valued at $7,130,637.56. This represents a 0.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 216,750 shares of company stock valued at $255,192 in the last three months. Insiders own 40.30% of the company’s stock.
Analysts Set New Price Targets
BLND has been the topic of several recent research reports. Citigroup reiterated a “market outperform” rating on shares of Blend Labs in a research note on Tuesday, July 21st. Zacks Research upgraded shares of Blend Labs from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Canaccord Genuity Group reduced their target price on shares of Blend Labs from $4.50 to $3.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Wall Street Zen downgraded shares of Blend Labs from a “buy” rating to a “hold” rating in a research report on Sunday, October 25th. Finally, Wells Fargo & Company dropped their price target on shares of Blend Labs from $4.00 to $3.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $2.82.
Read Our Latest Stock Analysis on Blend Labs
About Blend Labs
Blend Labs, Inc develops cloud-based software that helps financial institutions digitize and streamline lending and banking processes. Its platform is designed to support customer applications, document collection, underwriting workflows, compliance requirements and other steps involved in delivering financial products.
The company’s solutions cover areas including mortgage lending, consumer loans, deposit accounts and other retail banking services. Blend provides configurable tools intended to help banks, credit unions, fintech companies and other lenders create digital customer experiences while connecting front-end applications with back-office systems.
Blend was founded in 2012 and is headquartered in San Francisco, California.
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