
Blend Labs (BLND) Stock Forecast & Price Target
Blend Labs (BLND) Analyst Ratings
Bulls say
Blend Labs is supported by a resilient platform franchise that generated $32.9 million of revenue in 3Q26, up 1% year over year, even as tough mortgage-market conditions and consumer-business headwinds pressured growth. Its bullish case rests on Autopilot, which had 10 live customers, more than $10 million of pipeline, and early results showing 10% to 15% higher pull-through rates, two to four days less cycle time, and about $600 of fulfillment savings per funded loan. Management also appears to be executing well, with 26 new deals and expansions in 3Q, strong access to top U.S. banks and credit unions, and visible efficiency gains from AI tools that doubled average engineer pull requests from 6 to 12 per month.
Bears say
Blend Labs is facing a difficult setup because its revenue base remains heavily concentrated in mortgage and mortgage-adjacent activity, leaving results exposed to elevated rates and a weaker origination backdrop. 4Q guidance was below expectations, with revenue of $27.9M-$29.7M versus $31.0M consensus and non-GAAP operating income of $2.3M-$3.3M versus $4.4M, while 2027 commentary pointed to originations down high-single-digits to low-double-digits and 1Q27 volume down about 30% y/y. Even with projected economic value per funded loan rising to $86-$87 in 4Q, the firm’s 2026-2028 revenue outlook is muted at $125.8M, $125.4M, and $143.6M, reflecting limited growth and a competitive, cyclical end market.
This aggregate rating is based on analysts' research of Blend Labs and is not a guaranteed prediction by Public.com or investment advice.
Blend Labs (BLND) Analyst Forecast & Price Prediction
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Blend Labs (BLND) Analyst Forecast & Price Prediction
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