How to Buy Blend Labs Stock
Blend Labs Inc
Blend Labs is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker BLND on the NYSE exchange.
Blend Labs stock last closed at $2.48, up 4.2% from the previous day, and has increased 225.03% in one year. It has overperformed other stocks in the Software - Application industry by 2 percentage points. Blend Labs stock is currently +368.81% from its 52-week low of $0.53, and -27.17% from its 52-week high of $3.41.
At the moment, there are 252.05M shares of BLND outstanding. The market cap of BLND is $625.08M. In the past 24 hours, 1.26M BLND shares were traded.
How to Buy Blend Labs Stock
Not sure how to invest in Blend Labs stock? Here's how.
- Figure out where to buy Blend Labs stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Blend Labs stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Analyze Blend Labs stock: The Blend Labs ticker symbol is BLND. Is Blend Labs stock a good investment? Should you buy shares of BLND? How do BLND's underlying business fundamentals look? Do top analysts think Blend Labs is a good buy? Why has BLND's stock price moved recently? (Hint: Our stock analysis website can help you understand if BLND is a good stock to buy).
- Make your BLND purchase: Decide if you will purchase BLND shares at the current market price or use a limit order to buy BLND shares at a specific price.
- Watch your investment in BLND: Create a watchlist to track your new investment in Blend Labs shares.
Step 1: Figure out where to buy Blend Labs stock
You need an online brokerage account to access the NYSE market and buy BLND shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can buy BLND today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring money into your new brokerage account.
Step 4: Analyze Blend Labs stock
After you have figured out the best place to buy Blend Labs stock, it's important to analyze their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Blend Labs Metrics
Blend Labs Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BLND's stock page.
Is BLND stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BLND's true value.
You can access more valuation analysis on BLND's stock here.
BLND Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the BLND balance sheet.
- BLND has cash burn of 128208000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the BLND balance sheet.
Negative Health Checks:
- BLND has $136.92M in cash and short term investments. This is not enough to cover its annual cash burn of $128.21M.
- BLND debt to equity ratio of -9.31 is negative.
- BLND profit margin has gone up by 2.09 percentage points in the past year, but the company is still unprofitable.
- Total BLND debt is still negative.
Is it a good time to buy BLND stock, according to Wall Street analysts?
Out of 3 Wall Street analysts who give recommendations on BLND, the consensus analyst rating on BLND is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Blend Labs stock forecast page.
Metrics for Advanced BLND Traders
Is BLND Growing Revenue?
Last year, BLND revenue was $156.85M. Over the last 4 year, BLND's revenue has gone up by 32.64% per year. This was faster than the Software - Application industry average of 27.65%.
You can analyze BLND's earnings and revenue performance here.
What are BLND executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at BLND have sold more shares than they have bought.
Amir Jafari, HEAD OF FINANCE AND ADMIN. of BLND, was the latest BLND insider to buy. They bought $16,589.72 worth of BLND shares on Apr 12, 2024.
Learn more about who owns BLND shares here.
Does BLND provide a stable income stream?
No, Blend Labs doesn't provide an income stream by paying out dividends.
What others are saying about BLND
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your BLND purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and eToro will place the order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in BLND
Now that you own some BLND stock, you'll want to stay up-to-date on your new company.
Add BLND to a watchlist to see the latest developments about your BLND stock.
BLND Feed
How to Buy Stock in Blend Labs
To reiterate, here are the 6 steps for buying Blend Labs stock:
- Figure out where to buy Blend Labs stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Blend Labs stock
- Make your BLND purchase
- Watch your investment in BLND
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Blend Labs, add BLND to your watchlist below.
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