Blend Labs cuts 2026 revenue estimate to $136.45M as Q1 seen at $29.53M
Blend Labs will report Q1 2026 revenue of $29.53M and EPS of -$0.03 per share. Analysts have cut full-year 2026 revenue estimates to $136.45M and 2027 estimates to $155.55M while maintaining a -$0.08 EPS forecast for 2026.
1. Q1 Earnings Preview
Blend Labs will report Q1 2026 results on May 7, with analysts forecasting revenue of $29.53 million and a loss of $0.03 per share. Market consensus reflects modest growth expectations following a 1.86% revenue beat in Q4 2025.
2. Analyst Estimate Revisions
Over the past 90 days, full-year 2026 revenue estimates fell from $147.29 million to $136.45 million, while 2027 forecasts declined from $177.64 million to $155.55 million. EPS projections remain at -$0.08 for 2026 and have weakened to -$0.04 for 2027.
3. Historical Performance Impact
In Q4 2025, Blend Labs delivered $32.37 million in revenue, surpassing expectations by 1.86%, and reported EPS of -$0.03, meeting forecasts. Shares rose 11.66% after the release, providing a positive benchmark ahead of Q1 results.
4. Price Targets and Ratings
Analysts set a one-year average price target of $4.10, implying a potential upside of 160%. The consensus brokerage recommendation is 2.0 (Outperform), and a GF Value estimate of $3.74 suggests a 137% gain potential.