
Blend Labs (BLND) Stock Forecast & Price Target
Blend Labs (BLND) Analyst Ratings
Bulls say
Blend Labs Inc. is experiencing a robust sales pipeline, with an 18% year-over-year growth and capturing over 4% of the 2024 HMDA market share, demonstrating its competitive positioning in the financial services sector. The introduction of the Rapid Refi product is expected to enhance efficiency in refinancing applications, contributing positively to the average economic value per loan while overall profitability continues to improve despite low mortgage volumes. Additionally, the company reported a 43% increase in consumer banking suite revenue, highlighting effective diversification within its offerings and a growing share of the total addressable market.
Bears say
Blend Labs Inc. is experiencing a larger than expected decline in mortgage volumes, which poses significant risks to the company's revenue generation capabilities. The economic value per funded mortgage loan has decreased from $93 to $88, indicating the adverse impact of transitioning to a partnership model for key services such as homeowner insurance and income verification. Additionally, the anticipated overall slowdown in mortgage activities due to rising interest rates raises concerns regarding Blend’s ability to achieve its financial targets.
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
Start investing in Blend Labs (BLND)
Order type
Buy in
Order amount
Est. shares
0 shares