
Blend Labs (BLND) Stock Forecast & Price Target
Blend Labs (BLND) Analyst Ratings
Bulls say
Blend Labs Inc. demonstrates a positive outlook due to its robust pipeline, which has increased by 18% year-over-year and represents over 4% of the 2024 HMDA market share. Recent product innovations, such as the Rapid Refi, are expected to enhance profitability by accelerating the refinancing process and improving the economic value per loan. Furthermore, the company's financial performance is bolstered by a 43% increase in consumer banking suite revenue, indicating effective adaptation and growth in a low-volume mortgage environment.
Bears say
Blend Labs Inc. faces a negative outlook due to a larger than expected decline in mortgage volumes, which negatively impacts its primary revenue-generating segment, the Blend Platform. The company's mortgage economic value per funded loan has decreased from $93 to $88, primarily attributed to its shift towards a partnership model for homeowner insurance and income verification services. Additionally, there are concerns that a more pronounced slowdown in mortgage activity, influenced by anticipated interest rate hikes and post-COVID home buying trends, could hinder 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