Blend Labs, Inc. (BLND)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$1.13-11.72%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · BLND
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -2.1% |
| Our one-year growth estimate | diamond | 7.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 9.2 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 36 industry peers
BLND — Principal Accounting Officer transition
Dated 2026-09-21
Head of Accounting — Lina Rivas: The filing discloses the external hire of a new Head of Accounting and Principal Accounting Officer, while the existing Principal Financial Officer remains in his role.
Why it matters: Autopilot went on sale July 1, with six lenders signed. More sign-ups would show that customers are adopting the new product.
Supportive ifBlend reports more than six lenders signed to Autopilot by its next earnings report.
Worry ifBlend reports six or fewer signed lenders, or says a signed lender has left the product.
Why it matters: Q2 non-GAAP operating income was $7.0M, above guidance. A sharp drop would weaken the case for steady profit gains.
Worry ifOn November 5, Q3 non-GAAP operating income is below $3.5M, the bottom of Blend's guidance range.
Less concerning ifQ3 non-GAAP operating income is at least $4.5M, the top of Blend's guidance range.
Why it matters: Blend hired a new Head of Accounting and Principal Accounting Officer in September. The next filing will show if the change affected its reports.
Watch forThe Q3 filing comes out on time and reports no major accounting errors or restatements.
Also watch forThe Q3 filing is late, is restated, or reports a major accounting error.
Why it matters: Q2 revenue reached $33.8M, near the high end of guidance. Another strong result would support continued growth.
Supportive ifOn November 5, Q3 revenue is above $33.5M, the top of Blend's guidance range.
Worry ifOn November 5, Q3 revenue is below $31.5M, the bottom of Blend's guidance range.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$270 on $10,000 · ±2.7% | How much price usually moves either way. |
| Bad day | $798 loss on $10,000 · 8.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,305 loss on $10,000 · 73.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.