Headquartered in Novato, CA Fiscal year ends December NYSE: BLND blend.com
Blend Labs, Inc. (NYSE: BLND) provides a cloud-based digital banking and lending software platform used by banks, credit unions, fintechs and mortgage lenders to originate home loans and consumer banking products.
Its revenue comes primarily from software platform fees across two suites:
- **Mortgage Suite:** core mortgage application software, Blend Close, and partnership revenue through an integrated marketplace. Income Verification and Insurance Agency products have transitioned to partnership models.
- **Consumer Banking Suite:** deposit accounts and consumer lending products.
The company also earns professional services revenue. Blend is increasingly deploying Autopilot, an intelligence and automation layer spanning the lending lifecycle.
According to the company, its platform helped financial institutions process nearly $1.3 trillion in loan applications in 2025. Blend has divested its title business, which is now reported as discontinued operations. Its capital structure includes Series A redeemable convertible preferred stock, and it has been repurchasing common shares. Updated
Blend Labs missed on earnings while squeaking past revenue expectations, and guidance points to a sequential step-down: Q4 revenue of $27.7M to $29.7M. Management called it the best sales quarter in more than three years, with 26 deals closed and a new top-10 bank logo, but the mortgage suite still shrank 2% year over year.
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These three companies not only have inexpensive stocks but projected earnings growth of 20% or more in the next three to five years.
Blend Labs, Inc. (NYSE: BLND) provides a cloud-based digital banking and lending software platform used by banks, credit unions, fintechs and mortgage lenders to originate home loans and consumer banking products.
The Wall Street consensus 12-month price target for BLND is $2.96.
