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Blend Labs Inc has a consensus price target of $4.07 based on the ratings of 12 analysts. The high is $5.75 issued by Canaccord Genuity on November 7, 2024. The low is $1 issued by Piper Sandler on May 10, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Wells Fargo, and Keefe, Bruyette & Woods on November 7, 2024, respectively. With an average price target of $4.08 between Goldman Sachs, Wells Fargo, and Keefe, Bruyette & Woods, there's an implied -19.75% downside for Blend Labs Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Blend Labs (NYSE:BLND) was reported by Goldman Sachs on November 7, 2024. The analyst firm set a price target for $3.90 expecting BLND to fall to within 12 months (a possible -23.36% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Blend Labs (NYSE:BLND) was provided by Goldman Sachs, and Blend Labs maintained their buy rating.
The last upgrade for Blend Labs Inc happened on August 12, 2024 when Canaccord Genuity raised their price target to $4.75. Canaccord Genuity previously had a hold for Blend Labs Inc.
The last downgrade for Blend Labs Inc happened on July 25, 2022 when Keefe, Bruyette & Woods changed their price target from $4 to $2.75 for Blend Labs Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Blend Labs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Blend Labs was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Blend Labs (BLND) rating was a maintained with a price target of $3.40 to $3.90. The current price Blend Labs (BLND) is trading at is $5.09, which is out of the analyst’s predicted range.
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