Blend Labs, Inc.
Blend provides software-as-a-service products to financial institutions, including banks, credit unions, independent mortgage lenders and mortgage servicers in the United States. Its platform supports digital loan applications and deposit account openings, connecting consumers, financial firms and third-party providers through configurable workflows and integrations. Blend operates as a single segment. Its products cover mortgages, home equity, vehicle loans, credit cards, personal loans and deposit accounts, as well as digital closing services. Blend Builder lets financial institutions configure workflows and create product offerings using modular components. The company charges fees based on completed transactions, such as funded loans, account openings or closings, and offers some fixed-fee arrangements for Consumer Banking products. It also earns fixed or variable shares of revenue from third-party services facilitated through its platform. Blend is headquartered in Novato, California.
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Wells Fargo kept Blend Labs' rating at Overweight but reduced its price target from $3 to $2, a 33.3% cut. This implies a 75.4% upside from the Nov 5 close of $1.14, according to the bank.
Citizens maintained its Market Outperform rating for Blend Labs but reduced its price target from $4 to $2.50, a 37.5% decrease. The new target suggests a 119.3% upside from the Nov 5 close of $1.14.
Blend Labs (BLND) reported Q3 2026 earnings, lowering Q4 revenue guidance to $27.7-29.7M (down 8-15% YoY) due to a deteriorating mortgage market. Mortgage suite revenue declined 2% YoY in Q3 and is expected to drop 23-28% in Q4. Non-GAAP gross margin fell to 77.2% due to Autopilot model costs. Autopilot deals face delays due to compliance, with potential $5M revenue contribution in 2027. Consumer Banking outperformed, driven by home equity, but macro pressures persist.
Over the past 7 days, AlphAI's AI scored 7 news stories mentioning BLND (Blend Labs, Inc.). Coverage has skewed bearish: 0 bullish, 1 neutral, and 6 bearish.
Recent BLND coverage spans earnings, financial news and technology.
In the last 30 days, BLND insiders filed 4 SEC Form 4 transactions — no purchases and 4 sales ($100K). The most active reporter was Ghamsari Nima, HEAD OF BLEND, with 4 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
Analyst target cut suggests downside pressure on the stock.
Analyst downgrade suggests lower near‑term upside.
Guidance cut and margin decline suggest near‑term downside pressure.
Earnings miss with widened loss may pressure the stock.
Earnings release shows modest growth but guidance signals lower revenue, likely pressuring the stock.
AlphAI scores every news story that mentions BLND with an AI model for sentiment and relevance, and aggregates insider trades from Blend Labs, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Wells Fargo kept Blend Labs' rating at Overweight but reduced its price target from $3 to $2, a 33.3% cut. This implies a 75.4% upside from the Nov 5 close of $1.14, according to the bank.
Citizens maintained its Market Outperform rating for Blend Labs but reduced its price target from $4 to $2.50, a 37.5% decrease. The new target suggests a 119.3% upside from the Nov 5 close of $1.14.
Blend Labs (BLND) reported Q3 2026 earnings, lowering Q4 revenue guidance to $27.7-29.7M (down 8-15% YoY) due to a deteriorating mortgage market. Mortgage suite revenue declined 2% YoY in Q3 and is expected to drop 23-28% in Q4. Non-GAAP gross margin fell to 77.2% due to Autopilot model costs. Autopilot deals face delays due to compliance, with potential $5M revenue contribution in 2027. Consumer Banking outperformed, driven by home equity, but macro pressures persist.
Blend Labs reported 3Q 2026 revenue of $32.91M, up 1% YoY, and a net loss of $0.03 per share. Mortgage Suite revenue fell 2%, while Consumer Banking Suite revenue rose 5%. Gross margin declined to 72% from 74%, and operating expenses decreased 11%.
Blend Labs, Inc. (BLND) filed an SEC Form 8-K — Results of Operations and Financial Condition. Blend Announces Third Quarter 2026 Financial Results November 5, 2026 SAN FRANCISCO -- Blend Labs, Inc. (NYSE: BLND), a leading digital banking platform, today announced its third quarter 2026 financial results. “We had our best sales quarter in more than three years,” said Nima
Blend's AI tool, Autopilot, processes over 3,500 new home loans weekly, with 10 lenders, including Whatcom Educational Credit Union and Gate City Bank, adopting the technology. Autopilot automates tasks like document review and pre-underwriting, improving efficiency. Blend (BLND) aims to scale AI across the lending lifecycle, with Autopilot available on its Home Lending platform.
Blend Labs, Inc. (BLND) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 18, 2026, the Board of Directors of Blend Labs, Inc. (the “Company”) approved the appointment of Lina Rivas as
Alliant Credit Union, a large U.S. credit union, partnered with Blend Labs (NYSE: BLND) to launch a digital home lending platform. The platform offers instant prequalification, automated processes, and AI-powered features. Alliant aims to expand this to home equity lending, reducing closing times. The partnership is part of Alliant's broader digital transformation strategy.
Haveli Investments, L.P. purchased 17,397 indirectly-held shares of Blend Labs, Inc. (BLND) at $1.44 on 2026-08-17. Filed jointly with Haveli Brooks Aggregator, L.P. (Director), Haveli Investments Software Fund I GP, LLC (Director), Haveli Software Management LLC (Director), Haveli Investment Management LLC (Director), Whanau Interests LLC (Director) and SHETH BRIAN NIRANJAN (Director).
Blend Labs, Inc. (BLND) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On August 5, 2026, Oxana Tkach, Head of Accounting and Financial Planning and Analysis (principal accounting officer) of Ble
