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Upturn AI SWOT - About
Blend Labs Inc (BLND)
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Upturn Advisory Summary
04/01/2025: 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.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -66.57% | 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 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 932.19M USD | Price to earnings Ratio - | 1Y Target Price 5.14 |
Price to earnings Ratio - | 1Y Target Price 5.14 | ||
Volume (30-day avg) 4089656 | Beta 1.4 | 52 Weeks Range 2.08 - 5.53 | Updated Date 04/2/2025 |
52 Weeks Range 2.08 - 5.53 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.24 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -26.75% | Operating Margin (TTM) -4.03% |
Management Effectiveness
Return on Assets (TTM) -13.72% | Return on Equity (TTM) -52.75% |
Valuation
Trailing PE - | Forward PE 106.38 | Enterprise Value 837542360 | Price to Sales(TTM) 5.75 |
Enterprise Value 837542360 | Price to Sales(TTM) 5.75 | ||
Enterprise Value to Revenue 4.78 | Enterprise Value to EBITDA -0.26 | Shares Outstanding 255915008 | Shares Floating 222039521 |
Shares Outstanding 255915008 | Shares Floating 222039521 | ||
Percent Insiders 4.31 | Percent Institutions 67.47 |
Analyst Ratings
Rating 4.14 | Target Price 5.45 | 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 provides a cloud banking platform that enables financial institutions to streamline and automate consumer lending workflows. It became a public company in 2021.
Core Business Areas
- Mortgage: Blend's initial and largest segment, providing software to streamline the mortgage application and closing process for lenders.
- Consumer Banking: Expansion into other consumer lending products like personal loans, credit cards, and deposit accounts.
- Title Insurance: Through the acquisition of Title365, Blend offers title insurance and settlement services.
Leadership and Structure
Nima Ghamsari is the CEO and co-founder. The company has a typical corporate structure with departments such as engineering, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Blend Mortgage: A digital lending platform used by banks and credit unions to streamline the mortgage process. It's difficult to find exact market share figures, but Blend powers a significant portion of US mortgage volume. Competitors include ICE Mortgage Technology (ICE) Encompass, and Ellie Mae.
- Blend Consumer Banking Suite: A suite of products supporting various consumer lending products. Competitors include Temenos and Finastra.
- Title365: Title insurance and settlement services. Blend does not provide the market share information or revenue. Competitors include Fidelity National Financial (FNF) and First American Financial (FAF).
Market Dynamics
Industry Overview
The financial services industry is undergoing rapid digital transformation, with increasing demand for streamlined, automated lending processes.
Positioning
Blend aims to be a leading provider of cloud-based solutions for the banking and lending industry, focusing on improving efficiency and customer experience.
Total Addressable Market (TAM)
Estimated to be in the tens of billions of dollars, including mortgage origination software, consumer lending solutions, and related services. Blend is positioned to capture a significant portion of this TAM by providing an integrated platform.
Upturn SWOT Analysis
Strengths
- Comprehensive cloud-based platform
- Strong focus on innovation
- Partnerships with major financial institutions
- Experienced leadership team
Weaknesses
- Reliance on the mortgage market
- History of Net Losses, and not profitable to date
- Competition from established players
- Integration challenges with legacy systems
Opportunities
- Expansion into new lending products
- Growth in the digital banking market
- Increased adoption of cloud-based solutions
- Strategic acquisitions
Threats
- Economic downturn and rising interest rates
- Increased competition
- Data security and privacy concerns
- Regulatory changes
Competitors and Market Share
Key Competitors
- ICE (ICE)
- Temenos (TEMN.SW)
- Fidelity National Financial (FNF)
Competitive Landscape
Blend's advantages include its modern, cloud-based platform and focus on user experience. Disadvantages include its smaller size and limited track record compared to established players.
Major Acquisitions
Title365
- Year: 2021
- Acquisition Price (USD millions): 422
- Strategic Rationale: Expanded Blend's offerings into title insurance and settlement services, providing a more comprehensive solution for lenders.
Growth Trajectory and Initiatives
Historical Growth: Experienced rapid revenue growth initially, but growth has slowed more recently.
Future Projections: Analysts expect continued revenue growth, with a potential path to profitability in the coming years (subject to change based on market conditions).
Recent Initiatives: Focus on expanding into new markets and launching new products to drive revenue growth.
Summary
Blend Labs is a tech company that digitizes the lending process. While it has a modern platform and partnerships, its reliance on the mortgage market and ongoing losses are concerns. Blend needs to expand its product offerings and achieve profitability to secure its long-term success. Competition within the financial services software industry is fierce.
Similar Companies
FAF
First American Corporation
FAF
First American Corporation
FNF
Fidelity National Financial Inc
FNF
Fidelity National Financial Inc
ICE
Intercontinental Exchange Inc
ICE
Intercontinental Exchange Inc
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and represents a snapshot in time. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.
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 cloud-based software platform solutions for financial services firms in the United States. The company operates in two segments, Blend Platform and Title365. The Blend Builder Platform 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 offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers 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, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
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