BLND — Blend Labs Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BLND Bearish with a Setup Score of 0, net conviction 29, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction29
Actionability0 (extended)

Key signals behind this score

About Blend Labs Inc

Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States, India, and Mexico. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, rapid home lending, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such a… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$1.70
Market Cap$414M
Float171.3M
Shares Outstanding238.9M
P/E (Forward)22.27
Price/Sales (TTM)3.25
vs. Analyst Target+110.6% to analyst PT
Profit Margin-4.18%
Operating Margin (TTM)-14.26%
Revenue (TTM)$128M
Dividend RateNone
Analyst Target Price$3.58 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $96.0M -$74.6M $61.7M -$68.2M
2021 $234M -$171M $116M -$183M
2022 $235M -$769M $89.7M -$727M
2023 $157M -$185M $81.1M -$143M
2024 $162M -$49.6M $90.5M -$31.7M
2025 $124M -$8.1M $91.2M $2.9M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $31.5M -$6.6M
Sep 2025 $32.9M $12.5M
Dec 2025 $32.4M -$3.5M
Mar 2026 $30.8M -$8.0M

Ownership & Float

Insider Ownership9.4%
Institutional Ownership75.0%
Short Float8.2%
% of All Funds Holding2.14%
Number of Funds Holding176

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$1.63Near-term / short-term trend
Weekly40-Week SMA$2.25Medium-term trend
Weekly80-Week SMA$2.88Cyclical trend (business cycle)
Weekly200-Week SMA$2.48Secular trend (multi-year)
Monthly10-Month SMA$2.19Near-term monthly trend
Monthly20-Month SMA$2.87Medium-term monthly trend
Monthly40-Month SMA$2.59Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.50 support 1.27x 1 months ago
$2.30 resistance 1.12x 4 months ago
$5.10 resistance 1.27x 18 months ago

Historical Earnings Reactions (20 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -1.40% 1.65% 55.00% 23.05% -22.45%
1 Day 2.17% 1.43% 50.00% 28.62% -35.37%
1 Week -0.05% -2.90% 50.00% 46.84% -36.19%
2 Weeks 0.64% 2.11% 60.00% 39.03% -42.20%
1 Month -3.08% 2.13% 52.63% 31.87% -50.74%

Next earnings: August 6, 2026 (26 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.04% 48.9% 233
Tuesday 0.24% 48.8% 258
Wednesday -0.05% 43.4% 256
Thursday -0.10% 41.8% 249
Friday -0.40% 40.0% 250

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 75.0%

Insider Transactions — Smart Summary

Total insider ownership: 9.4%

Founder-led management: Nima Ghamsari (Co-Founder, Chairman, CEO & Head of Blend)

12-Month Insider Activity Summary

Total Filings34
Net Value-$2.3M
Net Shares Change14,924,963
% of Float8.7%
C-Suite Filings20
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Haveli Investments, L.P. +$29.3M 10 10 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-12 – 2025-08-22 5 4 +$547,898.009 4 C-suite
2025-09-08 – 2025-09-19 5 4 -$707,160.815 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-15 Haveli Investments, L.P. +$2.0M Transaction at $1.72, now -1.2%
2026-05-18 Haveli Investments, L.P. +$2.1M Transaction at $1.37, now +24.3%
2026-05-13 Haveli Investments, L.P. +$2.8M Transaction at $1.43, now +18.9%
2026-06-10 Haveli Investments, L.P. +$1.9M Transaction at $1.68, now +1.1%
2026-05-27 Haveli Investments, L.P. +$1.5M Transaction at $1.48, now +15.2%
2026-05-21 Haveli Investments, L.P. +$1.2M Transaction at $1.49, now +14.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Blend Labs Inc (BLND) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BLND on Trend Edge →