Blend Labs (BLND)

• Market cap: $1.1B
• 1 day: -1.18%
• 5 days: -3.01%
• 1 month: 37.38%
• 3 months: 31.35%
• 6 months: 17.04%
• Year to date: 9.11%
• 1 year: 12.03%
• 5 years: -79.95%
• 10 years: -79.95%
• Sector: Technology
• Industry: Software - Application

About: Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are; Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience, and the Title segment enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of the revenue for the company is generated from the Blend Platform segment.

Employees: 540

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

214% more call options, than puts

Call options by funds: $1.42M | Put options by funds: $453K

1.53% more ownership

Funds ownership: 58.2% [Q1] → 59.73% (+1.53%) [Q2]

6% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 31

3% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 61

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

1% less funds holding

Funds holding: 196 [Q1] → 194 (-2) [Q2]

37% less capital invested

Capital invested by funds: $801M [Q1] → $502M (-$299M) [Q2]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3.5
• Avg. target: $4.17
• High target: $5.25

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Canaccord Genuity Joseph Vafi	$5.25	Buy Maintained	22 Aug 2025
UBS Karl Keirstead	$3.5	Neutral Maintained	8 Aug 2025
Keefe, Bruyette & Woods Ryan Tomasello	$3.75	Market Perform Maintained	8 Aug 2025