
Blend Labs (BLND) Stock Forecast & Price Target
Blend Labs (BLND) Analyst Ratings
Bulls say
Blend Labs Inc. demonstrates a strong positive outlook due to its robust pipeline, which has increased by 18% year-over-year, capturing over 4% of the 2024 HMDA market share. The introduction of the Rapid Refi product is expected to enhance economic value per loan while overall profitability continues to expand, even in a low-volume mortgage environment. Additionally, recent quarterly results highlight significant growth in the consumer banking suite, with a 43% revenue increase, underscoring Blend Labs' ability to gain market share and expand its total addressable market.
Bears say
Blend Labs Inc. is experiencing a significant and unexpected decline in mortgage volumes, which has raised concerns regarding its financial outlook. The company's mortgage economic value per funded loan has also decreased from $93 to $88, reflecting adverse effects from a recent transition to a partnership model for certain business segments. With an anticipated continuation of mortgage volume slowdowns and potential interest rate hikes in the coming years, Blend's ability to achieve its financial targets appears increasingly uncertain, negatively impacting its overall stock outlook.
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