Blend Labs (NYSE:BLND – Get Free Report) is expected to be announcing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $33.0750 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.
Blend Labs Stock Performance
Shares of NYSE:BLND opened at $1.94 on Tuesday. Blend Labs has a 52-week low of $1.18 and a 52-week high of $4.49. The business’s 50 day simple moving average is $1.73 and its two-hundred day simple moving average is $1.78. The firm has a market cap of $468.50 million, a P/E ratio of -19.35 and a beta of 1.09.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the company. Weiss Ratings lowered Blend Labs from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group set a $3.50 target price on Blend Labs in a report on Friday, May 8th. Zacks Research downgraded shares of Blend Labs from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Citigroup restated a “market outperform” rating on shares of Blend Labs in a research note on Tuesday, July 21st. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Blend Labs from $2.25 to $1.90 and set a “market perform” rating on the stock in a report on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Blend Labs currently has an average rating of “Hold” and an average target price of $3.32.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BLND. Revolve Wealth Partners LLC purchased a new stake in Blend Labs in the 4th quarter valued at about $132,000. AQR Capital Management LLC lifted its position in shares of Blend Labs by 32.2% during the 1st quarter. AQR Capital Management LLC now owns 883,296 shares of the company’s stock worth $2,959,000 after buying an additional 214,998 shares in the last quarter. Creative Planning boosted its stake in shares of Blend Labs by 81.4% in the 2nd quarter. Creative Planning now owns 34,036 shares of the company’s stock worth $112,000 after buying an additional 15,276 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Blend Labs by 18.4% in the 2nd quarter. Legal & General Group Plc now owns 241,030 shares of the company’s stock worth $795,000 after buying an additional 37,373 shares during the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Blend Labs by 587.0% in the second quarter. Prudential Financial Inc. now owns 123,220 shares of the company’s stock valued at $407,000 after acquiring an additional 105,285 shares in the last quarter. 52.56% of the stock is currently owned by hedge funds and other institutional investors.
Blend Labs Company Profile
Blend Labs, Inc operates as a financial technology company that offers a digital consumer banking platform designed to simplify and automate the lending and account opening processes for banks and credit unions. Its cloud-native software enables financial institutions to deliver a more seamless customer experience by consolidating multiple steps—such as application intake, identity verification, document collection and underwriting—into a unified digital workflow. Blend’s platform is built to integrate with existing core banking systems and third-party data providers, allowing clients to accelerate loan origination and deposit account opening while maintaining compliance and security standards.
The company’s product suite includes solutions for mortgage origination, home equity lending, consumer personal lending and deposit account opening.
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