Blend Labs (BLND) Projected to Post Earnings on Thursday

Blend Labs (NYSE:BLND) will likely be announcing its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $30.0250 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:30 PM ET.

Blend Labs Trading Up 3.6%

Shares of Blend Labs stock opened at $1.59 on Tuesday. Blend Labs has a 12 month low of $1.33 and a 12 month high of $4.49. The firm has a market capitalization of $407.52 million, a P/E ratio of -15.55 and a beta of 1.03. The business has a fifty day simple moving average of $1.63 and a two-hundred day simple moving average of $2.46.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BLND. Citizens Jmp decreased their price target on shares of Blend Labs from $7.00 to $5.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 11th. UBS Group cut their price objective on shares of Blend Labs from $3.00 to $2.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Wells Fargo & Company decreased their target price on shares of Blend Labs from $5.00 to $4.00 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Blend Labs in a report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Blend Labs currently has a consensus rating of “Hold” and a consensus price target of $4.13.

Hedge Funds Weigh In On Blend Labs

Large investors have recently modified their holdings of the stock. Park West Asset Management LLC purchased a new stake in Blend Labs during the 3rd quarter valued at about $6,205,000. Potrero Capital Research LLC purchased a new position in Blend Labs in the fourth quarter worth about $5,050,000. Marshall Wace LLP lifted its stake in shares of Blend Labs by 157.6% in the second quarter. Marshall Wace LLP now owns 2,522,141 shares of the company’s stock worth $8,323,000 after buying an additional 1,543,220 shares in the last quarter. Prospect Capital Advisors LLC lifted its stake in shares of Blend Labs by 338.2% in the third quarter. Prospect Capital Advisors LLC now owns 1,820,150 shares of the company’s stock worth $6,644,000 after buying an additional 1,404,750 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC purchased a new stake in shares of Blend Labs during the third quarter valued at approximately $4,490,000. Hedge funds and other institutional investors own 52.56% of the company’s stock.

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.