Latest news with #BLND
Yahoo
30-06-2025
- Business
- Yahoo
Citizens JMP Maintains Market Outperform Rating on Blend Labs (BLND)
Blend Labs, Inc. (NYSE:BLND) is one of the 10 Best Tech Stocks To Buy Under $5. On May 28, Citizens JMP maintained its 'Market Outperform' rating for Blend Labs, Inc. (NYSE:BLND) with a price target of $7. This reiteration follows a series of investor meetings in the San Francisco Bay Area, where analysts had the chance to talk with Amir Jafari, the company's Head of Finance & Administration. These meetings helped investors understand Blend Labs, Inc.'s (NYSE:BLND) operations and financial plans better. A close-up of a person's hand signing a mortgage document. Blend Labs, Inc. (NYSE:BLND) has seen its stock price decline so far this year. However, Citizens JMP analysts see the current valuation as a good opportunity to stay positive about the company's future despite the downward trend. Blend Labs, Inc. (NYSE:BLND) offers digital banking solutions through its cloud origination platform for banks, credit unions, and mortgage lenders. While we acknowledge the potential of BLND as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None.
Yahoo
28-06-2025
- Business
- Yahoo
William Blair Sticks with Buy as Blend Labs (BLND) Sharpens SaaS Focus
Blend Labs Inc. (NYSE:BLND) is one of the 10 best debt-free IT penny stocks to buy. On May 28, William Blair analyst Dylan Becker reiterated a Buy rating on Blend Labs (BLND), though he didn't assign a price target to the stock. In Becker's view, the company's recent decision to divest its Title365 business marks an important strategic change. By moving away from the more services-heavy segment, Blend is now better positioned to operate as a focused vertical SaaS company. A customer using the latest mobile banking app, taking control of their financial future. Becker notes that this step should have a positive impact on Blend's financial profile, particularly by improving gross margins and bringing them more in line with those of software-first businesses. More importantly, the move allows management to sharpen its focus on the core business—developing digital tools for banking products like mortgages and consumer loans. With this narrowed focus, Becker expects Blend to strengthen its position in the market over time, particularly as it looks to deliver improved customer experiences in the financial services space. While broader mortgage market remains challenging, he sees potential for the company to unlock improved profitability and generate stronger revenue growth from 2025 onwards. Blend Labs Inc. (NYSE:BLND) offers a cloud-based banking software platform that simplifies and automates consumer banking experiences, including mortgage applications, personal loans, and deposit account openings. While we acknowledge the potential of BLND as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Best Tech Stocks to Buy According to Billionaires. Disclosure: None. Sign in to access your portfolio
Yahoo
10-06-2025
- Business
- Yahoo
Covius Services signs agreement to acquire Title365 from Blend Labs
Covius Services has signed a definitive agreement to acquire Title365 Holding from Blend Labs (BLND), a leading digital origination platform for banks, credit unions and mortgage lenders. The transaction is subject to certain required third-party consents and regulatory approvals. It is expected to close in the coming months. Rob Clements, Chairman and CEO of Covius, said: 'Covius has long been a market leader in providing a broad set of services to the mortgage industry. Title365 will further expand and scale Covius' presence in the origination title space and complement our strength in loss mitigation and default title. This acquisition aligns with our strategy of delivering a full range of tech-enabled products and services across the origination, servicing and capital market sectors.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on BLND: Disclaimer & DisclosureReport an Issue Blend Labs: Strategic Positioning and Growth Potential in the Mortgage Industry Blend Labs price target raised to $4 from $3.50 at Keefe Bruyette Blend Labs management to meet with Citizens JMP Blend Labs: Strategic Growth and Profitability Amid Market Challenges Blend Labs' Earnings Call: Positive Momentum Amid Challenges
Yahoo
26-05-2025
- Business
- Yahoo
When Should You Buy Blend Labs, Inc. (NYSE:BLND)?
Blend Labs, Inc. (NYSE:BLND), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. While good news for shareholders, the company has traded much higher in the past year. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Blend Labs's outlook and valuation to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, Blend Labs seems to be fairly priced at around 17% below our intrinsic value, which means if you buy Blend Labs today, you'd be paying a reasonable price for it. And if you believe the company's true value is $4.17, then there isn't much room for the share price grow beyond what it's currently trading. Although, there may be an opportunity to buy in the future. This is because Blend Labs's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Check out our latest analysis for Blend Labs Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 83% over the next year, the near-term future seems bright for Blend Labs. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? BLND's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping tabs on BLND, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. So feel free to check out our free graph representing analyst forecasts. If you are no longer interested in Blend Labs, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
