Analyst Price Target is $4.46
▲ +3.20% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Blend Labs in the last 3 months. The average price target is $4.46, with a high forecast of $5.75 and a low forecast of $3.85. The average price target represents a 3.20% upside from the last price of $4.32.
Current Consensus is
Moderate Buy
The current consensus among 7 investment analysts is to moderate buy stock in Blend Labs. This rating has held steady since July 2024, when it changed from a Hold consensus rating.
Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.
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