your badges 52W Range $1–$4 1% of range Analyst Rating BUY 12 analysts Price Target $3 +187% upside P/E -11.4 ROE 8.8% Net Profit Margin -3.3%

BLND Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $1.03
Market Cap (MRQ) $244M
P/E (TTM) -11.4
EPS (TTM) $-0.09
Revenue (TTM) $129M
ROE (TTM) 8.8%
52W Range $1–$4

BLND Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$124M
2019-12-31 → 2025-12-31
EPS$-0.10
2019-12-31 → 2025-12-31
Free Cash Flow$-81.0K
2021-12-31 → 2025-12-31
Net margin-3.3%
2021-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend BLND 5Y avg Peer Median Verdict
P/E (TTM) -11.4 · · ·
P/S (TTM) 1.9 · 3.1 Fair value
P/B (MRQ) -3.3 · · ·
Price / FCF (TTM) 32.2 · · ·
Price / Cash Flow (TTM) 19.1 · 37.3 Overvalued

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -100.0%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 6, 2026 $0.00 $0.02 -100.0%
March 31, 2026 $0.00 $0.01 —
Dec. 31, 2025 $0.00 $0.01 —
Sept. 30, 2025 $0.00 $0.01 -100.0%
June 30, 2025 $0.00 $0.02 -100.0%
March 31, 2025 $0.01 $-0.01 —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 18
Metric Trend 2025202420232022202120202019
Revenue $124M$116M$110M$235M$234M$96M$51M
Cost of Revenue $32M$33M$33M$146M$119M$34M$20M
Gross Profit $91M$83M$76M$90M$116M$62M$31M
R&D Expense $33M$46M$81M$138M$92M$56M$49M
SG&A Expense $50M$46M$61M$139M$129M$30M$27M
Operating Expenses $113M$132M$220M$836M$313M$137M$113M
Operating Income $-22M$-49M$-144M$-746M$-197M$-75M$-82M
Interest Expense ··$31M$25M$11M$0$0
Interest Income $4M$5M$11M$2M$400.0K$1M·
Other Non-op $21M$13M$7M$5M$493.0K$700.0K$283.0K
Pretax Income $-878.0K$-43M$-167M$-766M$-208M$-75M$-81M
Income Tax $249.0K$109.0K$94.0K$-2M$-39M$26.0K$13.0K
Net Income $-7M$-43M$-179M$-720M$-170M$-75M$-81M
EPS (Basic) $-0.10$-0.24$-0.76$-3.28$-1.30$-1.89$-2.49
EPS (Diluted) $-0.10$-0.24$-0.76$-3.28$-1.30$-1.89$-2.49
Shares (Basic) 258,949,000253,921,000245,206,000234,161,000131,985,00039,407,00032,776,000
Shares (Diluted) 258,949,000253,921,000245,206,000234,161,000131,985,00039,407,00032,776,000
EBITDA $-18M$-47M$-154M$-735M$-187M··
Balance Sheet 27
Metric Trend 2025202420232022202120202019
Cash & Equivalents $45M$38M$24M$124M$213M$41M$23M
Short-term Investments $25M$56M$106M$230M$334M··
Prepaid Expense $17M$17M$15M$19M$32M$19M·
Other Current Assets $1M$2M$2M$2M$3M$1M·
Current Assets $100M$135M$170M$396M$613M$186M·
PP&E (Net) $23M$12M$4M$6M$6M$5M·
PP&E (Gross) $27M$13M$13M$13M$11M$8M·
Accum. Depreciation $4M$1M$9M$7M$5M$3M·
Goodwill ···$0$287M$0·
Intangibles ·$81.0K$2M$2M$173M$1M·
Other Non-current Assets $41M$22M$19M$10M$9M$676.0K·
Total Assets $170M$178M$206M$433M$1.11B$216M·
Accounts Payable $2M$2M$2M$1M$6M$3M·
Accrued Liabilities $5M$2M$4M$3M$6M$2M·
Current Liabilities $39M$39M$32M$35M$60M$35M·
Capital Leases $1M$0$7M$11M$15M$14M·
Deferred Tax ···$0$3M$0·
Other Non-current Liabilities $2M$278.0K$2M$5M$13M$3M·
Total Liabilities $41M$40M$179M$269M$302M$52M·
Long-term Debt $0$0$138M$217M$214M$0·
Common Stock $2.0K$2.0K$2.0K$2.0K$2.0K$1.0K·
Paid-in Capital $1.36B$1.33B$1.32B$1.29B$1.22B$51M·
Retained Earnings $-1.39B$-1.38B$-1.34B$-1.16B$-443M$-273M·
AOCI $597.0K$602.0K$441.0K$-708.0K$-808.0K$-5.0K·
Stockholders' Equity $-30M$-56M$-19M$123M$775M$163M$135M
Liabilities + Equity $170M$178M$206M$433M$1.11B$216M·
Shares Outstanding 256,043,000258,173,000249,910,000240,931,000230,324,00047,948,000·
Cash Flow 17
Metric Trend 2025202420232022202120202019
D&A $3M$1M$2M$11M$11M$4M$5M
Stock-based Comp $29M$28M$46M$110M$71M$10M$10M
Deferred Tax $0$34.0K$-34.0K$-3M$-39M$0$0
Amort. of Intangibles ·$0$0$8M$9M$3M$4M
Restructuring $871.0K$6M$20M$15M$0$0·
Other Non-cash $-14M$-99.0K$3M$412M$269.0K··
Operating Cash Flow $12M$-13M$-128M$-190M$-128M$-65M$-59M
CapEx $12M$10M$35.0K$2M$2M$1M$580.0K
Investing Cash Flow $19M$45M$127M$99M$-634M$-8M$-66M
Net Debt Issued $0$-144M$-85M····
Stock Repurchased $25M$0$0····
Net Stock Activity $-25M······
Financing Cash Flow $-33M$-21M$-91M$2M$934M$91M$133M
Net Change in Cash $-3M$11M$-91M$-89M$172M$18M$8M
Taxes Paid $389.0K$76.0K$107.0K····
Free Cash Flow $-81.0K$-23M$-128M$-192M$-129M··
Levered FCF ··$-159M$-217M$-138M··
Profitability 8
Metric Trend 2025202420232022202120202019
Gross Margin 73.8%55.9%51.7%38.1%49.5%··
Operating Margin -17.6%-30.6%-99.6%-317.2%-84.1%··
Net Margin -5.5%-26.8%-113.9%-306.2%-72.5%··
Pretax Margin -0.71%-26.7%-114.6%-325.7%-88.7%··
EBITDA Margin -14.9%-29.2%-98.0%-312.7%-79.6%··
ROA -3.8%-22.6%-55.9%-93.2%-25.6%··
ROE 31.0%81.8%2759.5%-482.1%-21.2%··
ROIC 91.5%88.3%812.3%-604.0%-20.7%··
Liquidity & Solvency 3
Metric Trend 2025202420232022202120202019
Current Ratio 2.53.55.411.210.2··
Quick Ratio 1.72.54.310.03.5··
Interest Coverage ··-5.1-30.1-17.5··
Efficiency 1
Metric Trend 2025202420232022202120202019
Asset Turnover 0.70.80.50.30.4··
Per Share 5
Metric Trend 2025202420232022202120202019
Book Value / Share $-0.12$-0.22$-0.08$0.51$3.36··
Revenue / Share $0.48$0.64$0.64$1.00$1.78··
Cash Flow / Share $0.04$-0.05$-0.52$-0.81$-0.97··
Cash / Share $0.17$0.16$0.12$0.52$0.93··
EPS (TTM) $-0.10$-0.24$-0.76$-3.28$-1.30··
Growth Rates 3
Metric Trend 2025202420232022202120202019
Revenue YoY 6.8%5.7%-53.4%0.30%144.2%··
Revenue CAGR 3Y -19.3%-21.0%4.5%····
Revenue CAGR 5Y 5.2%······
Valuation (TTM) 10
Metric Trend 2025202420232022202120202019
Revenue TTM $124M$116M$110M$235M$234M··
Net Income TTM $-7M$-43M$-179M$-720M$-170M··
Market Cap $778M$1.09B$637M$347M$1.69B··
P/E -30.4-17.5-3.4-0.4-5.6··
P/S 6.39.45.81.57.2··
P/B -25.5-19.3-33.12.82.2··
P / Tangible Book ···2.95.4··
P / Cash Flow 67.6-83.3-5.0-1.8-13.3··
P / FCF -9609.5-47.5-5.0-1.8-13.1··
Earnings Yield -3.3%-5.7%-29.8%-227.8%-17.7%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312025-09-302025-06-302025-03-312024-12-31
Revenue $124M · · · $116M
Gross Margin % 73.8% · · · 55.9%
Operating Margin % -17.6% · · · -30.6%
Net Income $-7M · · · $-43M
Diluted EPS $-0.10 · · · $-0.24

Institutional owners (13F) 203 filers · $310.3M total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 203
Value held $310.3M
New positions 29
Exited positions 37
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
29 (-12 vs prior Q) 37 (+6 vs prior Q) 55 (-10 vs prior Q) 69 (+13 vs prior Q) -12.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $54,319,264 17,868,179 17.51% Shares
Haveli Investment Management LLC $31,966,171 18,693,667 10.30% Shares
BlackRock, Inc. $26,640,673 15,579,341 8.59% Shares
CYPRESS POINT INVESTMENT MANAGEMENT LP $24,448,597 14,297,425 7.88% Shares
Capricorn Fund Managers Ltd $19,348,050 11,314,649 6.24% Shares
VANGUARD CAPITAL MANAGEMENT LLC $14,511,549 8,486,286 4.68% Shares
Whitebark Investors LP $10,847,380 6,343,497 3.50% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $10,629,435 6,216,044 3.43% Shares
STATE STREET CORP $10,559,005 6,174,857 3.40% Shares
GEODE CAPITAL MANAGEMENT, LLC $8,690,613 5,080,868 2.80% Shares
CITADEL ADVISORS LLC $8,657,504 5,062,868 2.79% Shares
MARSHALL WACE, LLP $8,172,275 4,779,108 2.63% Shares
Emergence GP Partners, LLC $7,257,888 4,244,379 2.34% Shares
MILLENNIUM MANAGEMENT LLC $5,967,459 3,489,742 1.92% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $4,307,088 2,518,765 1.39% Shares
Irenic Capital Management LP $3,905,813 2,284,101 1.26% Shares
GOLDMAN SACHS GROUP INC $3,653,772 2,136,709 1.18% Shares
JANE STREET GROUP, LLC $3,102,580 1,814,374 1.00% Shares
NORTHERN TRUST CORP $2,967,903 1,735,616 0.96% Shares
RICE HALL JAMES & ASSOCIATES, LLC $2,667,636 1,560,021 0.86% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $2,648,679 1,548,935 0.85% Shares
VANGUARD FIDUCIARY TRUST CO $2,509,565 1,467,582 0.81% Shares
D. E. Shaw & Co., Inc. $2,438,829 1,426,216 0.79% Shares
TUDOR INVESTMENT CORP ET AL $2,362,565 1,381,617 0.76% Shares
ESSEX INVESTMENT MANAGEMENT CO LLC $2,145,616 1,254,746 0.69% Shares
Prospect Capital Advisors, LLC $1,881,513 1,100,300 0.61% Shares
Advantage Alpha Capital Partners LP $1,775,053 486,316 0.57% Shares
Militia Capital Partners, LP $1,672,000 550,000 0.54% Shares
AQR CAPITAL MANAGEMENT LLC $1,515,650 886,345 0.49% Shares
Panoramic Capital, LLC $1,321,298 772,689 0.43% Shares
FIRST MANHATTAN CO. LLC. $1,128,203 659,768 0.36% Shares
UBS Group AG $1,086,520 635,392 0.35% Shares
Bank of New York Mellon Corp $1,043,835 610,430 0.34% Shares
Man Group plc $863,706 505,091 0.28% Shares
Perigon Wealth Management, LLC $854,608 499,771 0.28% Shares
Kazazian Asset Management, LLC $835,648 488,683 0.27% Shares
Nuveen, LLC $805,599 471,111 0.26% Shares
Invesco Ltd. $723,029 422,824 0.23% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $702,779 410,982 0.23% Shares
FRANKLIN RESOURCES INC $675,942 395,288 0.22% Shares
Potrero Capital Research LLC $648,559 379,274 0.21% Shares
WOLVERINE TRADING, LLC $641,449 171,053 0.21% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $591,002 347,648 0.19% Shares
ALLEN OPERATIONS LLC $589,541 344,761 0.19% Shares
BANK OF AMERICA CORP /DE/ $587,124 343,347 0.19% Shares
Balyasny Asset Management L.P. $515,035 301,190 0.17% Shares
Militia Capital Management LLC $513,000 300,000 0.17% Call option
FULLCIRCLE WEALTH LLC $494,815 156,093 0.16% Shares
Ahara Advisors LLC $467,803 273,569 0.15% Shares
ALLIANCEBERNSTEIN L.P. $463,233 272,490 0.15% Shares

Show all 203 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Haveli Brooks Aggregator, L.P., Haveli Investments Software Fund I GP, LLC, Haveli Software Management LLC, Whanau Interests LLC, Haveli Investment Management LLC, Haveli Investments, L.P., Brian N. Sheth ×5 filings June 12, 2026 22.60% Amendment · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 21 insiders · 13 officers · 9 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Nima Ghamsari HEAD OF BLEND Sept. 28, 2026 S 7,827,838 0 3 $-74,954
Srinivasan Venkatramani Head of Product Tech & Cust Op Sept. 11, 2026 S 236,563 0 1 $-106,828
Matthew Christopher Thomson Head of Revenue Aug. 20, 2026 M 135,812 0 1 $-30,082
Oxana Tkach PRINCIPAL ACCOUNTING OFFICER Aug. 20, 2026 M 123,071 0 4 $-56,253
Winnie Ling HEAD OF LEGAL AND PEOPLE Aug. 20, 2026 M 530,107 0 2 $-28,320
Jason Ream Head of Finance and Admin. Aug. 20, 2026 M 416,074 0 0 $0
Brian Kneafsey Head of Revenue Jan. 15, 2026 S 649,824 0 4 $-311,250
Amir Jafari HEAD OF FINANCE AND ADMIN. May 20, 2025 M 1,038,412 0 0 $0
Dean Klinger Head of Go-To-Market Oct. 11, 2023 M 141,843 0 0 $0
Manish K. Gupta Principal Accounting Officer Feb. 20, 2023 F 70,455 0 0 $0
Marc S. Greenberg Head of Finance Feb. 20, 2023 F 103,707 0 0 $0
Crystal Sumner Head of Legal, Compliance,Risk Feb. 1, 2023 S 440,057 0 0 $0
Jonathan Y. Chan Principal Accounting Officer May 20, 2022 S 66,263 0 0 $0
Eric H. Woersching Director June 17, 2026 A 80,000 0 0 $0
Gerald C. Chen Director June 17, 2026 A 137,760 0 0 $0
Erin N Lantz Director June 17, 2026 A 137,760 0 0 $0
Bryan Edmund Sullivan Director June 17, 2026 A 100,000 0 0 $0
Timothy J Mayopoulos Director June 17, 2026 A 431,130 0 0 $0
Erin James Collard Director June 7, 2024 M 1,091,986 0 0 $0
Ciara Burnham Director June 7, 2024 M 37,760 0 0 $0
Roger W. Ferguson Jr. Director Dec. 31, 2022 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 38 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EWUS · iShares Trust 1.20% 93,084 SH Sept. 11, 2026 Daily
IFGL · iShares Trust 0.81% 118,411 SH Sept. 11, 2026 Daily
VNQI · VANGUARD INTERNATIONAL EQUITY INDEX… 0.53% 3,691,619 SH Aug. 19, 2026 Daily
ERET · iShares Trust 0.37% 9,152 SH Sept. 11, 2026 Daily
ISCF · iShares Trust 0.35% 436,195 SH Sept. 11, 2026 Daily
IEUS · iShares Trust 0.34% 112,940 SH Sept. 11, 2026 Daily
REET · iShares Trust 0.31% 2,775,692 SH Sept. 11, 2026 Daily
SCZ · iShares Trust 0.15% 3,534,543 SH Sept. 11, 2026 Daily
INTF · iShares Trust 0.12% 866,580 SH Sept. 11, 2026 Daily
IWC · iShares Trust 0.06% 623,989 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.05% 64,931 SH Sept. 11, 2026 Daily
VGK · VANGUARD INTERNATIONAL EQUITY INDEX… 0.04% 2,454,023 SH Aug. 19, 2026 Daily
IEV · iShares Trust 0.04% 117,281 SH Sept. 11, 2026 Daily
IEUR · iShares Trust 0.03% 590,028 SH Sept. 11, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.03% 67,299 Oct. 2, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.02% 134,481 Oct. 2, 2026 Daily
IEFA · iShares Trust 0.02% 7,300,038 SH Sept. 11, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.02% 10,011,770 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.02% 168,332 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.02% 207,049 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.01% 1,475,172 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.01% 845,366 SH Sept. 11, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.01% 313,599 SH Oct. 2, 2026 Daily
RSSL · Global X Funds 0.01% 88,030 NS July 31, 2026 N-PORT
VXUS · VANGUARD STAR FUNDS 0.01% 14,957,215 SH Aug. 19, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 2,393,813 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 1,078,047 SH Aug. 19, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 1,060,557 SH Aug. 19, 2026 Daily
IXUS · iShares Trust 0.01% 1,117,357 SH Sept. 11, 2026 Daily
IWM · iShares Trust 0.01% 4,856,201 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.00% 319,422 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 62,907 SH Sept. 10, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.00% 2,403,559 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 5,884,916 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.00% 23,650 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 16,150 SH Aug. 19, 2026 Daily
VGT · VANGUARD WORLD FUND 0.00% 4,947,355 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 314,049 SH Sept. 11, 2026 Daily

BLND Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 12 analysts BUY
Median target $3.00 +191.3%
3 25.0% Strong Buy
7 58.3% Buy
2 16.7% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

5 analysts · 2026-09-28

Mean target $2.96 +187.4%

← Below all targets Current price $1.03
Low$1.80 Mean$2.96 High$4.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
BLND $778M -30.4 6.8% -5.5% 31.0% 73.8%
EGHT $234M 166.0 2.9% 0.22% 1.2% 64.6%
LAW $491M -10.8 8.3% -28.3% -33.4% 74.9%
SLNH $120M -0.5 -21.8% -179.7% -260.1% 6.0%
EXFY $141M -6.6 2.1% -15.0% -16.2% 50.3%
QMLS · · · · · ·
TONX $112M -0.3 1327.8% -1161.9% -70.2% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 6, 2026