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Added to YB: 2025-06-26

Pitch date: 2025-06-25

BLND [bullish]

Blend Labs, Inc.

-6.19%

current return

Author Info

No bio for this author

Company Info

Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States.

Market Cap

$850.5M

Pitch Price

$3.23

Price Target

6.00 (+92%)

Dividend

N/A

EV/EBITDA

-40.43

P/E

-16.77

EV/Sales

5.42

Sector

Software

Category

growth

Show full summary:
Blend Labs ($BLND) Turnaround of a Lifetime

BLND: Banking software platform transforms from mortgage-only to multi-product with 20-25% operating margins. Sees $6+ target in 2yrs (100% upside). Consumer banking growing 45% CAGR, mortgage at trough. PE/hedge buying at 3x mid-cycle operating income. Risks: rates, competition, M&A missteps.

Read full article (14 min)