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Company Analysis

Blend Labs, Inc. BLND

A comprehensive view of key metrics, scores, and financial health for Blend Labs, Inc.

Overview of Blend Labs, Inc.

BLND NYQ
Technology Software - Application Small Cap
Blend Labs, Inc. (BLND), is a Small Cap company, in the Software - Application industry, last closed at $1.56, about 48.1% undervalued vs fair value, -56.4% 1Y return, ranked 283/761 in sector.
$1.56
-3.11%
As of March 13, 2026
Previous close • Vol 90d: 58.4%
Market Cap
$405.21M
Enterprise Value
$329.56M
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://blend.com
HQ Novato, CA
Employees 540
Fiscal year Dec 31

Next Events

Earnings Mar 10 Call: Mar 10

Fair Value Snapshot

Bear Base Bull
$2
$2
$3
Current: $1.56 +48% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$162.0M
3.3%%
Gross Profit
$90.5M
11.6%%
Operating Income
$-42.1M
67.9%%
Net Income
$-49.6M
73.2%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
46.1%
Poor

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
3
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Blend Labs, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
44
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
31
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 88% Coverage
Trade-Off Triangle Visualization A ternary plot showing BLND's balance between Growth (25.0%), Profitability (33.8%), and Safety (41.2%). Growth 25% Safety 41% Profitability 34%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

34th percentile vs peers
34
Key Signals
Rev Growth YoY 3.3% 37p EPS Growth YoY 68.5% 73p Revenue CAGR 3Y -11.6% 11p
Strengths
  • Roic in top 20% of peers (59.1%, 94th percentile)
  • Quick Ratio in top 20% of peers (11.17, 96th percentile)
  • Cash To Debt Ratio in top 20% of peers (11.02, 82th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Roe in top 20% of peers (1.31, 91th percentile)
Risks

No significant risks identified for this axis.

Profitability

46th percentile vs peers
47
Key Signals
Strengths
Risks
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Safety

56th percentile vs peers
57
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Blend Labs, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$2.31
- - -
+48.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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