Blend LabsBLND
BLND
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
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
230% more call options, than puts
Call options by funds: $1.4M | Put options by funds: $425K
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 5 (+1) [Q1 2025]
19% more capital invested
Capital invested by funds: $671M [Q4 2024] → $801M (+$130M) [Q1 2025]
15% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 54
5% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 39
2% less funds holding
Funds holding: 199 [Q4 2024] → 196 (-3) [Q1 2025]
5.05% less ownership
Funds ownership: 63.25% [Q4 2024] → 58.2% (-5.05%) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4
19%
upside
Avg. target
$5.26
56%
upside
High target
$7
108%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
JMP Securities Aaron Kimson | 108%upside $7 | Market Outperform Reiterated | 28 May 2025 |
Keefe, Bruyette & Woods Ryan Tomasello | 19%upside $4 | Market Perform Maintained | 19 May 2025 |
Goldman Sachs Michael Ng | 42%upside $4.80 | Buy Maintained | 12 May 2025 |
Canaccord Genuity Joseph Vafi | 56%upside $5.25 | Buy Maintained | 12 May 2025 |
Financial journalist opinion
Based on 3 articles about BLND published over the past 30 days
Neutral
Business Wire
1 week ago
Blend to Announce Second Quarter 2025 Financial Results on August 7, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform, today announced that the Company's second quarter 2025 financial results will be released after market close on Thursday, August 7, 2025. The Company will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. A link to the live call can be accessed at the Company's Investor Relations website at investor.blend.com, along with the Company's earnings press rel.
Neutral
Business Wire
2 weeks ago
Blend and Doma Expand Partnership to Bring AI-Powered Instant Title Decisioning to More Lenders
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND) and Doma Technology, LLC today announced an expanded partnership to bring Doma's AI-powered instant title decisioning to more lenders through Blend's home lending platform. Lenders using Blend's flagship Mortgage and Rapid Home Lending solutions can now access instant title decisions via Doma's Upfront Title, seamlessly embedded into the borrower application flow. The integration creates a fully digital, end-to-end title and closing.
Positive
Seeking Alpha
4 weeks ago
Blend Labs: A Rebound Story In The Making
Blend labs is beginning to focus on their software business after divesting their Title365 unit. Recent customer expansion figures have been strong, with 11 new/expanded deals in Q1 and strong momentum indicated for Q2. Financial performance is improving with gross margin expansion, lower operating losses, and positive FCF.
Neutral
Business Wire
1 month ago
PHH Mortgage Expands With Blend to Enhance Refinance and Home Equity Experiences for Borrowers
SAN FRANCISCO--(BUSINESS WIRE)--PHH Mortgage, one of the largest mortgage servicers in the U.S., and a subsidiary of Onity Group Inc. (NYSE: ONIT), is expanding its partnership with Blend Labs, Inc. (NYSE: BLND) to deliver faster, more seamless refinance and home equity experiences for borrowers. PHH Mortgage has expanded its use of Blend's technology platform, already powering its mortgage lending operations, to now include Rapid Refi and Rapid Home Equity. As part of its ongoing digital trans.
Neutral
PRNewsWire
1 month ago
Covius to Acquire Title365 from Blend
Acquisition Will Expand Covius' Title Presence and Technology Platform Integrations DENVER , June 9, 2025 /PRNewswire/ -- Covius Services, LLC, a leading provider of technology-enabled solutions to the financial services industry, announced today it has signed a definitive agreement to acquire Title365 Holding Co., a national provider of title insurance and settlement services with deep integrations across industry platforms, from Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions and mortgage lenders. The transaction is subject to certain required third-party consents and regulatory approvals.
Neutral
Business Wire
1 month ago
Blend Appoints CU Veteran Reva Rao as Head of Digital Transformation for Credit Unions
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced the appointment of Reva Rao as Head of Digital Transformation for Credit Unions. Rao brings over two decades of experience in financial services, with extensive leadership roles at prominent credit unions including Travis Credit Union and Golden 1 Credit Union. Her deep understanding of credit union operations and member-centric approach will be instrument.
Neutral
Business Wire
2 months ago
Blend to Participate in William Blair 45th Annual Growth Stock Conference
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced that its management will participate at the following investor conference: William Blair 45th Annual Growth Stock Conference Chicago, IL Wednesday, June 4, 2025 Fireside Chat at 8:00 a.m. CT The conference fireside chat will be available via live audio webcast accessible on the Investors section of the Company's website at investor.
Neutral
Seeking Alpha
2 months ago
Blend Labs, Inc. (BLND) Q1 2025 Earnings Call Transcript
Blend Labs, Inc. (NYSE:BLND ) Q1 2025 Results Earnings Conference Call May 11, 2025 4:30 PM ET Company Participants Amir Jafari - Head of Finance and Administration Nima Ghamsari - Head of Blend, Co-Founder, and Chair of the Board Conference Call Participants Dylan Becker - William Blair Aaron Kimson - Citizens JMP Ryan Tomasello - Keefe, Bruyette & Woods David Unger - Wells Fargo Joseph Vafi - Canaccord Seth Gilbert - UBS Operator Thank you for standing by. My name is Rebecca, and I will be your conference operator today.
Neutral
Business Wire
2 months ago
Blend Announces First Quarter 2025 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced its first quarter 2025 financial results. “We're delivering strong results across the business—closing nearly three times as many deals as this time last year, deepening relationships with top-tier institutions, and driving strong adoption of our Rapid Home Lending solutions. This progress signals a market that's re-energizing and investing in what's next.
Neutral
Business Wire
2 months ago
Blend Expands Product Suite with Business Deposit Account Opening
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced the launch of its Business Deposit Account Opening solution, now available as part of Blend's unified Consumer Banking Suite. With this addition, financial institutions can now serve both consumers and businesses through a single, omnichannel platform that also supports personal loans, credit cards, auto loans, and home lending—helping financial institutio.
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