Blend Labs (BLND) Set to Announce Earnings on Thursday

Key Points

• Blend Labs is scheduled to report Q3 2026 results after the market closes Thursday, November 5, with analysts expecting earnings of $0.01 per share and revenue of $32.47 million.
• BLND shares opened at $1.17, near the lower end of their 52-week range of $0.88 to $3.60. The stock has a market capitalization of approximately $275.5 million and trades below both its 50-day and 200-day moving averages.
• Analyst sentiment is mixed, with a consensus rating of Hold and an average price target of $2.82. Insiders have sold 216,750 shares worth about $255,192 over the past 90 days, though insiders still own 40.3% of the company.

Blend Labs (NYSE:BLND - Get Free Report) is expected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $0.01 per share and revenue of $32.47 million for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 4:30 PM ET.

Blend Labs Stock Performance

Shares of NYSE:BLND opened at $1.17 on Thursday. The company has a market capitalization of $275.54 million, a PE ratio of -12.94 and a beta of 1.08. Blend Labs has a 52 week low of $0.88 and a 52 week high of $3.60. The company's fifty day moving average is $1.24 and its 200-day moving average is $1.66.

Insider Buying and Selling

In other news, insider Srinivasan Venkatramani sold 74,705 shares of Blend Labs stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $1.43, for a total value of $106,828.15. Following the completion of the transaction, the insider directly owned 236,563 shares of the company's stock, valued at approximately $338,285.09. This trade represents a 24.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nima Ghamsari sold 27,775 shares of the company's stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $0.92, for a total value of $25,553.00. Following the sale, the insider owned 7,750,693 shares in the company, valued at approximately $7,130,637.56. The trade was a 0.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 216,750 shares of company stock worth $255,192. 40.30% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. The Goldman Sachs Group set a $3.00 price target on shares of Blend Labs in a report on Friday, August 7th. Wall Street Zen cut Blend Labs from a "buy" rating to a "hold" rating in a research note on Sunday. Canaccord Genuity Group reduced their price target on Blend Labs from $4.50 to $3.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Weiss Ratings lowered shares of Blend Labs from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday, September 25th. Finally, Wells Fargo & Company reduced their price target on shares of Blend Labs from $4.00 to $3.00 and set an "overweight" rating on the stock in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Blend Labs presently has an average rating of "Hold" and a consensus target price of $2.82.

About Blend Labs

Blend Labs, Inc develops cloud-based software that helps financial institutions digitize and streamline lending and banking processes. Its platform is designed to support customer applications, document collection, underwriting workflows, compliance requirements and other steps involved in delivering financial products.

The company's solutions cover areas including mortgage lending, consumer loans, deposit accounts and other retail banking services. Blend provides configurable tools intended to help banks, credit unions, fintech companies and other lenders create digital customer experiences while connecting front-end applications with back-office systems.

Blend was founded in 2012 and is headquartered in San Francisco, California.

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