
Blend Labs (BLND) Stock Forecast & Price Target
Blend Labs (BLND) Analyst Ratings
Bulls say
Blend Labs Inc. demonstrated significant revenue growth in the Consumer Banking Suite, which reached $9.5 million, marking a 48% year-over-year increase, while overall Blend Platform revenue totaled $30.1 million, a 16% increase year-on-year. The company's total revenue for Q4 was reported at $41.4 million, reflecting a 15% year-over-year growth and aligning with market expectations. Additionally, there are favorable underlying trends, including an acceleration in mortgage customer wins and enhancements in non-GAAP gross margins, alongside the successful rollout of new products, positioning Blend for continued growth in the consumer banking sector.
Bears say
Blend Labs Inc. faces significant challenges due to a higher-for-longer interest rate environment, resulting in anticipated declines in mortgage-related revenue. The company has guided for a first-quarter Platform revenue that is 16% below consensus, primarily due to a weaker assumption of mortgage volumes that are estimated to be 20% lower than expected market comparisons. Additionally, concerns about declining economic value per funded loan and risks related to competition, potential client loss, and an economic slowdown further contribute to a negative outlook for the company's stock performance.
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
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