The price of BLND is predicted to go up 4.4%, based on the high correlation periods with MPTI. The similarity of these two price pattern on the periods is 92.93%.
BLND
MPTI
Up: 4.4%Similarity: 92.93%
BLND Revenue Forecast
BLND EPS Forecast
BLND FAQs
What is bull’s view on BLND?
BLND stock is currently trading at $3.73, with analysts projecting a bullish price target of $5.75 to $7, implying a potential upside of 30%-50%. The optimism stems from Blend Labs' transition to a software-focused model, improving margins, and benefiting from anticipated interest rate cuts and a rebound in mortgage demand. However, insider selling and mixed institutional sentiment may temper short-term momentum.
What is bear's view on BLND?
BLND stock is bearish, trading at $3.73, down 7.4% pre-market recently. Insider selling (18 sales vs. 1 buy in 6 months) and mixed institutional sentiment signal weak confidence. Additionally, its declining price reflects broader market concerns and company-specific challenges.
What is BLND revenue forecast for next quarter?
The market consensus for BLND's revenue in the upcoming quarter is projected to be approximately $43.175M USD.
What is BLND eps forecast for next quarter?
The market consensus for BLND's eps in the upcoming quarter is projected to be approximately $0.007 USD.
JMP Securities initiated coverage of Blend Labs with an Outperform rating and $7 price target. The company is on a mission to transform consumer lending with its software platform designed to enhance the consumer experience on the front-end and drive operational efficiency for financial institutions on the back-end, the analyst tells investors in a research note. The firm believes Blend Labs is poised to benefit from interest rate cuts and an eventual bounce-back in demand for mortgage originations, refinances, and home equity lines of credit.