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Upturn AI SWOT - About
Blend Labs Inc (BLND)
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Upturn Advisory Summary
10/31/2025: BLND (1-star) is currently NOT-A-BUY. Pass it for now.
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
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $4.85
1 Year Target Price $4.85
| 3 | Strong Buy |
| 2 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -53.72% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/31/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 858.36M USD | Price to earnings Ratio - | 1Y Target Price 4.85 |
Price to earnings Ratio - | 1Y Target Price 4.85 | ||
Volume (30-day avg) 7 | Beta 1.25 | 52 Weeks Range 2.63 - 5.53 | Updated Date 11/2/2025 |
52 Weeks Range 2.63 - 5.53 | Updated Date 11/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.14 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-11-06 | When - | Estimate 0.0098 | Actual - |
Profitability
Profit Margin -11.51% | Operating Margin (TTM) -14.58% |
Management Effectiveness
Return on Assets (TTM) -6.96% | Return on Equity (TTM) -10.4% |
Valuation
Trailing PE - | Forward PE 56.82 | Enterprise Value 813933737 | Price to Sales(TTM) 5.12 |
Enterprise Value 813933737 | Price to Sales(TTM) 5.12 | ||
Enterprise Value to Revenue 4.85 | Enterprise Value to EBITDA -0.26 | Shares Outstanding 255696747 | Shares Floating 221457622 |
Shares Outstanding 255696747 | Shares Floating 221457622 | ||
Percent Insiders 8.69 | Percent Institutions 65.72 |
Upturn AI SWOT
Blend Labs Inc
Company Overview
History and Background
Blend Labs, Inc. was founded in 2012. It is a cloud banking software company aiming to streamline the mortgage application process. Initially focused on mortgage origination, it has expanded into other consumer lending products. Blend went public in July 2021.
Core Business Areas
- Mortgage: Provides a digital mortgage platform that streamlines the application, underwriting, and closing processes for lenders and consumers.
- Consumer Banking: Offers solutions for other consumer lending products, such as personal loans, auto loans, and credit cards, enabling banks to provide a unified digital experience.
- Title Insurance: Through its title insurance services, Blend provides title searches, insurance, and closing support, integrated into the digital lending workflow.
Leadership and Structure
Nima Ghamsari is the CEO. The company has a standard corporate structure with a board of directors overseeing executive management.
Top Products and Market Share
Key Offerings
- Blend Income: Blend Income helps lenders verify income and employment information quickly and accurately. Competitors are Equifax (EFX) and Experian (EXPGY). Revenue from the Mortgage Suite comprised 15% of the total revenue in 2023.
- Mortgage Suite: Blend's flagship product, a digital mortgage platform. Competitors include Ellie Mae (ICE), Black Knight (BKI) and Finastra. Revenue from the Mortgage Suite comprised 70% of the total revenue in 2023.
- Consumer Banking Suite: Includes solutions for personal loans, auto loans, and credit cards. Competitors include FIS (FIS) and Jack Henry & Associates (JKHY). Revenue from Consumer Banking was responsible for 15% of the total revenue in 2023.
Market Dynamics
Industry Overview
The financial technology (FinTech) industry is rapidly evolving, driven by increasing consumer demand for digital experiences and regulatory changes promoting innovation.
Positioning
Blend Labs is positioned as a leading provider of cloud banking software, focused on simplifying and automating complex lending processes. It aims to be the primary digital interface between lenders and consumers.
Total Addressable Market (TAM)
The estimated TAM for mortgage origination software and related services is $10+ billion. Blend's position allows it to capture a significant share of this market by providing a comprehensive digital platform.
Upturn SWOT Analysis
Strengths
- Strong technology platform
- Established relationships with major lenders
- Expanding product portfolio
- Focus on user experience
Weaknesses
- Dependence on the mortgage market
- Relatively new company
- Profitability
- Customer concentration
Opportunities
- Expansion into new lending products
- Partnerships with fintech companies
- Increased adoption of digital lending solutions
- International expansion
Threats
- Competition from established players
- Economic downturn affecting the mortgage market
- Regulatory changes
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- ICE
- BKI
- FIS
- JKHY
Competitive Landscape
Blend faces competition from established players with broader product portfolios and larger customer bases. Its competitive advantages include its modern technology platform, focus on user experience, and expanding product portfolio.
Major Acquisitions
Title365
- Year: 2021
- Acquisition Price (USD millions): 422
- Strategic Rationale: Increased Blend's revenue diversification and expanded its presence in the title insurance market, integrating title and closing services directly into the lending workflow.
Growth Trajectory and Initiatives
Historical Growth: Blend Labs Inc. has experienced rapid growth in revenue but faces challenges in achieving profitability. The expansion into other consumer lending products and acquisitions have contributed to growth.
Future Projections: Analysts project continued revenue growth for Blend Labs Inc. as it expands its product offerings and market reach, but profitability is still a concern.
Recent Initiatives: Recent initiatives include expanding the platform to support HELOCs, focusing on higher margin business segments and strategic partnerships.
Summary
Blend Labs is a fintech company aiming to streamline the mortgage application process. While it has grown its revenue since its inception and has focused on expanding the business, it is struggling to improve its cost structure and achieve profitability. Blend will need to innovate and maintain a competitive advantage. If Blend Labs can improve their financial performance, it may become a valuable company within the fintech space.
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Sources and Disclaimers
Data Sources:
- SEC Filings
- Analyst Reports
- Company Press Releases
- Company Website
Disclaimers:
The analysis provided is for informational purposes only and does not constitute financial advice. Market conditions and company performance are 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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