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Upturn AI SWOT - About
Blend Labs Inc (BLND)
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Upturn Advisory Summary
06/11/2025: BLND (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $5.01
1 Year Target Price $5.01
| 3 | Strong Buy |
| 2 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -39.54% | Avg. Invested days 23 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 847.96M USD | Price to earnings Ratio - | 1Y Target Price 5.01 |
Price to earnings Ratio - | 1Y Target Price 5.01 | ||
Volume (30-day avg) 7 | Beta 1.31 | 52 Weeks Range 2.27 - 5.53 | Updated Date 06/30/2025 |
52 Weeks Range 2.27 - 5.53 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.2 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-06-12 | When After Market | Estimate -0.07 | Actual 0.0079 |
Profitability
Profit Margin -19.34% | Operating Margin (TTM) -26.05% |
Management Effectiveness
Return on Assets (TTM) -9.25% | Return on Equity (TTM) -41.63% |
Valuation
Trailing PE - | Forward PE 54.64 | Enterprise Value 744851137 | Price to Sales(TTM) 5.14 |
Enterprise Value 744851137 | Price to Sales(TTM) 5.14 | ||
Enterprise Value to Revenue 4.52 | Enterprise Value to EBITDA -0.26 | Shares Outstanding 254776000 | Shares Floating 220160953 |
Shares Outstanding 254776000 | Shares Floating 220160953 | ||
Percent Insiders 4.22 | Percent Institutions 64.68 |
Analyst Ratings
Rating 3 | Target Price 5.01 | Buy 2 | Strong Buy 3 |
Buy 2 | Strong Buy 3 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Blend Labs Inc
Company Overview
History and Background
Blend Labs Inc. was founded in 2012. It emerged as a cloud banking software company aiming to streamline the mortgage application process. Initially focused on mortgages, it expanded its services to include other consumer lending products.
Core Business Areas
- Mortgage Technology: Provides a digital lending platform for mortgage applications, processing, and closing.
- Consumer Banking: Offers solutions for various consumer lending products such as personal loans, auto loans, and credit cards.
- Title Insurance: Provides title insurance and settlement services to streamline the closing process.
Leadership and Structure
Nima Ghamsari is the CEO and co-founder. The company has a typical hierarchical structure with departments for technology, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Blend Mortgage: Digital mortgage platform automating the application process. No specific market share data available but estimated to be around 25%. Competitors include Ellie Mae (ICE), Black Knight (BKI), and ICE Mortgage Technology.
- Blend Income: Automated income verification tool that streamlines the process of calculating and verifying a borroweru2019s income. Market share for automated income verification is fragmented, with Blend being a strong player. Competitors include FormFree, Finicity (FISV), and Plaid (SVCB).
Market Dynamics
Industry Overview
The financial technology (fintech) industry is experiencing rapid growth driven by increasing demand for digital banking and lending solutions. Increasing interest rates are impacting mortgage originations negatively, influencing Blend's mortgage segment. There is increased competition in the fintech space.
Positioning
Blend Labs Inc. positions itself as a leading provider of cloud banking software, particularly for mortgage and consumer lending. Its competitive advantages lie in its integrated platform and automation capabilities.
Total Addressable Market (TAM)
The TAM for mortgage origination technology is estimated to be in the billions of dollars, with broader consumer lending solutions adding significantly more. Blend is targeting a significant portion of this TAM through its digital platform.
Upturn SWOT Analysis
Strengths
- Comprehensive digital lending platform
- Strong customer base of financial institutions
- Experienced leadership team
- Scalable cloud-based architecture
Weaknesses
- Dependence on the mortgage industry
- Relatively high operating expenses
- History of operating losses
- Intense competition
Opportunities
- Expansion into new lending products
- Partnerships with other fintech companies
- Growth in the digital banking sector
- Acquisition opportunities
Threats
- Economic downturn affecting mortgage demand
- Increasing competition from established players
- Regulatory changes in the financial industry
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- ICE
- BKI
- FNMA
Competitive Landscape
Blend Labs Inc. has a competitive advantage in its platform's integration and user experience. However, established players like ICE and Black Knight have larger customer bases and broader product offerings.
Major Acquisitions
Title365
- Year: 2021
- Acquisition Price (USD millions): 422
- Strategic Rationale: Expanded Blend's offerings into title insurance and settlement services, integrating the mortgage process and creating a more seamless experience.
Growth Trajectory and Initiatives
Historical Growth: Blend Labs Inc. experienced strong revenue growth initially but has experienced significant downturn in the last 2 years due to market factors
Future Projections: Analyst estimates suggest a potential rebound in revenue growth as the mortgage market recovers and Blend expands its product offerings. Revenue for 2024 is estimated to be 55.35M and for 2025 is estimated to be 65.12M.
Recent Initiatives: Focus on cost-cutting measures, strategic partnerships, and product innovation to drive future growth.
Summary
Blend Labs Inc. is a fintech company aiming to transform the mortgage and consumer lending industry. While it boasts a strong platform and a strategic acquisition in Title365, the company struggles with revenue consistency and has yet to achieve profitability. The mortgage industry dependence exposes them to market volatility. Focus on operational efficiency, market expansion, and strategic partnerships are crucial for Blend's success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Analyst reports
- Industry publications
- Company Investor Relations
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Blend Labs Inc
Exchange NYSE | Headquaters Novato, CA, United States | ||
IPO Launch date 2021-07-16 | Co-Founder, Chairman, CEO & Head of Blend Mr. Nima Ghamsari | ||
Sector Technology | Industry Software - Application | Full time employees 540 | Website https://blend.com |
Full time employees 540 | Website https://blend.com | ||
Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company 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 a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners' insurance, and title. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; 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; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services; and other trustee services, as well as professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
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