-2.78%
-8.55%
6.06%
38.99%
41.03%
-51.63%
-81.58%
AI Spotlight on BLND
Company Description
Blend Labs, Inc.provides cloud-based software platform solutions for financial services firms in the United States.It operates in two segments, Blend Platform and Title365.
The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts.It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty.In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services.
It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders.Blend Labs, Inc.was incorporated in 2012 and is headquartered in San Francisco, California.
Market Data
| Last Price | 3.85 |
| Change Percentage | -2.78% |
| Open | 3.95 |
| Previous Close | 3.96 |
| Market Cap ( Millions) | 971 |
| Volume | 1992767 |
| Year High | 5.53 |
| Year Low | 2.08 |
| M A 50 | 4.44 |
| M A 200 | 3.47 |
Financial Ratios
| FCF Yield | -3.76% |
| Dividend Yield | 0.00% |
| ROE | 2597.84% |
| Debt / Equity | 6.00% |
| Net Debt / EBIDTA | 76.07% |
| Price To Book | 11.17 |
| Price Earnings Ratio | -12.01 |
| Price To FCF | -26.6 |
| Price To sales | 6.2 |
| EV / EBITDA | -14.08 |
News
- Jan -01 - Is Blend Labs (BLND) Stock Outpacing Its Computer and Technology Peers This Year?
- Dec -12 - PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations
- Dec -09 - Srini Venkatramani Joins Blend As Head of Product, Technology, and Customer Operations
- Nov -26 - Blend Labs to Participate in Wells Fargo TMT Summit
- Nov -21 - Blend Labs, Inc. (BLND) Hit a 52 Week High, Can the Run Continue?
- Nov -20 - British Land's retail parks prove a first-half saving grace
- Nov -08 - Blend To Participate In The 2024 KBW Fintech Conference
- Nov -07 - Blend Labs, Inc. (BLND) Q3 2024 Earnings Call Transcript
- Nov -07 - Blend Labs (BLND) Reports Break-Even Earnings for Q3
- Nov -05 - Blend and Covered Insurance Announce New Strategic Partnership to Streamline Home Insurance Shopping
- Nov -01 - Blend's Erik Wrobel Receives 2024 HousingWire Tech Trendsetter Award
- Oct -21 - SouthState Bank Transforms Mortgage Operations with Blend Close
- Oct -14 - PenFed Credit Union Selects Blend to Transform Home Lending Operations
- Oct -03 - British Land raises £301m to buy retail parks
- Aug -22 - Has Blend Labs (BLND) Outpaced Other Computer and Technology Stocks This Year?
- Aug -10 - Blend Labs, Inc (BLND) Q2 2024 Earnings Call Transcript
- Aug -09 - Crude Oil Rises; Blend Labs Shares Jump Following Q2 Results
- Aug -09 - Blend Labs (BLND) Reports Q2 Loss, Tops Revenue Estimates
- Aug -06 - First National Bank of Fort Smith Partners with Blend to Streamline their Mortgage Lending and HELOC Businesses
- Jul -01 - Blend Recognized in the 2024 Gartner® Market Guide for Digital Banking Platforms
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Blend Platform
Expected Growth : 14.4 %
What the company do ?
Blend Platform is a digital lending platform that enables banks and lenders to originate, process, and manage loans efficiently, providing a seamless borrower experience.
Why we expect these perspectives ?
Blend Platform's 14.4% growth is driven by increasing adoption of digital lending solutions, expansion into new markets, and strategic partnerships. The platform's ability to streamline the lending process, reduce costs, and improve customer experience has resonated with financial institutions, leading to increased demand. Additionally, the growing need for digital transformation in the lending industry has contributed to the platform's rapid growth.
Segment n°2 -> Title
Expected Growth : 8.23 %
What the company do ?
Blend Labs, Inc.'s Title is a digital title insurance and settlement company that provides a modern, tech-enabled platform for title insurance and settlement services.
Why we expect these perspectives ?
Blend Labs, Inc.'s 8.23% growth is driven by increasing demand for digital lending solutions, expansion into new markets, and strategic partnerships. The company's platform, which streamlines the mortgage process, has seen significant adoption among top lenders, contributing to revenue growth. Additionally, Blend's investment in AI-powered technology has improved operational efficiency, further fueling growth.
Blend Labs, Inc. Products
| Product Range | What is it ? |
|---|---|
| Blend Digital Lending Platform | A cloud-based platform that enables lenders to originate, underwrite, and service loans efficiently |
| Blend Title and Settlement Services | A platform that provides title insurance, settlement, and escrow services for lenders and borrowers |
| Blend Mortgage Insurance | A platform that provides mortgage insurance products to lenders and borrowers |
| Blend Consumer Banking Platform | A platform that enables banks and credit unions to offer digital deposit and loan products to consumers |
| Blend Home Equity Platform | A platform that enables lenders to originate and service home equity loans and lines of credit |
Blend Labs, Inc.'s Porter Forces
Threat Of Substitutes
Blend Labs, Inc. operates in a highly competitive industry, but the threat of substitutes is mitigated by the company's strong brand recognition and customer loyalty.
Bargaining Power Of Customers
Blend Labs, Inc. has a large customer base, but the bargaining power of customers is high due to the availability of alternative products and services.
Bargaining Power Of Suppliers
Blend Labs, Inc. has a diversified supplier base, which reduces the bargaining power of suppliers and minimizes the risk of supply chain disruptions.
Threat Of New Entrants
The threat of new entrants in the industry is moderate, as there are barriers to entry such as high capital requirements and regulatory hurdles.
Intensity Of Rivalry
The industry in which Blend Labs, Inc. operates is highly competitive, with many established players and a high level of rivalry.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 115.59% |
| Debt Cost | 9.50% |
| Equity Weight | -15.59% |
| Equity Cost | 9.50% |
| WACC | 9.50% |
| Leverage | -741.64% |
Blend Labs, Inc. : Quality Control
Blend Labs, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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American Software
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Red Violet
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Viant Technology
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Blend Labs
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Dave
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