Blend Labs, Inc. Hits New 52-Week Low at $1.58

Blend Labs, Inc., a microcap company in the Computers - Software & Consulting industry, has reached a new 52-week low of USD 1.58 on February 23, 2026. This significant decline highlights the company's struggles over the past year, with a performance drop of 39.77%, starkly contrasting with the S&P 500's gain of 12.95% during the same period. The company's market capitalization stands at USD 442 million, reflecting its microcap status. Blend Labs has not reported a price-to-earnings ratio, indicating it is currently loss-making. Additionally, the company has a negative book value, which contributes to its weak long-term fundamental strength. The return on equity is notably high at 151.16%, but this is overshadowed by a concerning debt-to-equity ratio of -5.83, suggesting challenges in servicing its debt. Despite a 70.3% increase in profits, the stock has generated a negative return of 35.71% over the past year, indicating a disconnect between profitability and stock performance. The stock's 52-week high was recorded at USD 4.49, further emphasizing the recent downturn.