Blend Labs, Inc. Class A (BLND)

Blend Labs, Inc. stock has been subject to analyst ratings and price target adjustments, reflecting market conditions and company-specific developments. Canaccord Genuity maintained a 'Buy' rating, while JMP Securities reiterated a 'Market Outperform' rating. Conversely, UBS maintained a 'Neutral' rating and lowered its price target, as did Keefe, Bruyette & Woods. A significant event was the sale of its Title365 business to Covius, allowing Blend Labs to focus on its core software business. Over the last 12 months, Blend Labs' stock price has ranged from a low of $2.63 to a high of $5.53. As of October 17, 2025, the share price was $3.32.

Demand for Blend Labs' products and services is influenced by the broader financial services market, particularly the mortgage and consumer lending sectors. These markets are subject to seasonality and are significantly impacted by macroeconomic factors such as interest rates, housing market conditions, and overall economic cycles. Demand for Blend's offerings can fluctuate with the cyclical nature of the lending industry.

Blend Labs, Inc. is a technology company providing a cloud-based software platform to streamline consumer lending for financial services firms in the U.S. It operates in the Technology sector, specifically the Software - Application industry. The company's major products and services are offered through the Blend Platform, which powers digital-first consumer journeys for various financial products and offers add-on products to enhance the homeownership journey. Blend serves a diverse client base including banks, credit unions, financial technology companies, and non-bank mortgage lenders.

Blend Labs, Inc. is headquartered in Novato, California, and primarily serves financial services firms within the United States. While the company aims to expand internationally, its current significant operations are concentrated in the U.S.

Blend Labs is generally perceived as a pioneering fintech company and a critical technology partner for financial institutions. It is trusted by banks and lenders to provide an intuitive platform that streamlines applications and automates workflows. There have been no specific public events or incidents widely reported that have negatively impacted Blend Labs' brand reputation among its clients or the general public. The company continues to focus on product innovation, leveraging AI and machine learning, and expanding its market presence.

Blend Labs, Inc. has a mixed ownership structure, with significant stakes held by institutional investors, insiders, and retail investors. Institutional shareholders hold approximately 58.90% of the company's stock, Blend Labs insiders own about 20.41%, and retail investors hold around 20.69%. Major institutional owners include Lightspeed Management Company, L.L.C., Vanguard Group Inc, and BlackRock, Inc. Key individual owners and insiders include Ravi Mhatre, the largest individual shareholder, and Nima Ghamsari, the CEO.