Blend Labs downgraded by Canaccord Genuity with a new price target
$BLND
Computer Software: Programming Data Processing
Technology
Canaccord Genuity downgraded Blend Labs from Buy to Hold and set a new price target of $5.00 from $28.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2024 | $7.00 | Mkt Outperform | JMP Securities |
| 8/12/2024 | $3.00 → $4.75 | Hold → Buy | Canaccord Genuity |
| 8/9/2024 | Mkt Perform → Outperform | William Blair | |
| 12/20/2023 | $1.50 → $3.50 | Equal Weight → Overweight | Wells Fargo |
| 11/14/2022 | $2.25 | Underperform → Mkt Perform | Keefe Bruyette |
| 7/25/2022 | $4.00 → $2.75 | Mkt Perform → Underperform | Keefe Bruyette |
| 7/7/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/25/2022 | $4.20 | Neutral | Compass Point |
Collaboration to enhance borrower experience, streamline lender workflows, and improve conversion rates Blend Labs, Inc. (NYSE:BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE:ONIT) and one of the largest servicers in the country, to bring a new level of efficiency and simplicity to PHH's home lending operations. By automating and eliminating many of the manual steps that delay approvals and timely closings, the implementation of Blend's Mortgage Suite is expected to enhance the borrowers' application experience, shorten loan cycle times, and free up loan officer capacity so they
Seasoned executive to propel Blend's next phase of product innovation and growth Blend Labs, Inc. (NYSE:BLND), a leading platform for digital banking solutions, today announced the appointment of Srini Venkatramani as Head of Product, Technology, and Customer Operations. Srini's leadership will be instrumental in accelerating Blend's next phase of growth in the digital banking space. With over 23 years of experience, Srini joins Blend with a proven track record of scaling SaaS businesses, driving product innovation, and delivering accelerated value creation for stakeholders. In his role as Head of Product, Technology, and Customer Operations, he will orchestrate the company's product vi
Blend Labs Inc. (NYSE:BLND), a leading origination platform for digital banking solutions, today announced that its management will participate at the following investor conference: Wells Fargo 8th Annual TMT Summit Rancho Palos Verdes, CA Wednesday, December 4, 2024 Fireside Chat at 10:15 a.m. PST The conference fireside chat will be available via live audio webcast accessible on the Investors section of the Company's website at investor.blend.com. About Blend Blend Labs Inc. (NYSE:BLND), is a leading origination platform for digital banking solutions. Financial providers—from large banks, fintechs, and credit unions to community and independent mortgage banks—use Blend's platform
4 - Blend Labs, Inc. (0001855747) (Issuer)
4 - Blend Labs, Inc. (0001855747) (Issuer)
4 - Blend Labs, Inc. (0001855747) (Issuer)
Welcomes New Customers and Accomplishes Important Financial Milestones for the Business Blend Labs, Inc. (NYSE:BLND), a leading origination platform for digital banking solutions, today announced its third quarter 2024 financial results. "The third quarter resulted in several big wins for Blend, including the signing of multi-year deals with new customers in both mortgage and consumer banking as well as the significant milestone of achieving non-GAAP operating profitability ahead of our fourth quarter target," said Nima Ghamsari, Head of Blend. "This achievement reflects the dedication, focus and hard work of our entire team. Reaching this milestone now positions us to enter the next phas
Blend Labs, Inc. (NYSE:BLND), the leading origination platform for digital banking solutions, today announced that the Company's third quarter 2024 financial results will be released after market close on Wednesday, November 6, 2024. The Company will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. A link to the live call can be accessed at the Company's Investor Relations website at investor.blend.com, along with the Company's earnings press release, financial information, and slide presentation. Following the call, a replay will be available at the same website. About Blend Blend is the leading origination platform for digital banking solutions
Meets Revenue Guidance and Outperforms Operating Loss Target in Second Quarter 2024 Blend Labs, Inc. (NYSE:BLND), the leading platform for digital banking solutions, today announced its second quarter 2024 financial results. "The second quarter marked another strong quarter for Blend, as we signed several important deals with new customers across mortgage and consumer banking," said Nima Ghamsari, Head of Blend. "Despite continued pressures on the mortgage industry, we're excited about the new investments we made in the Blend Platform and the success we achieved in expanding our relationships with key customers through their increased adoption of our add-on products. In Consumer Banking
Seasoned executive to propel Blend's next phase of product innovation and growth Blend Labs, Inc. (NYSE:BLND), a leading platform for digital banking solutions, today announced the appointment of Srini Venkatramani as Head of Product, Technology, and Customer Operations. Srini's leadership will be instrumental in accelerating Blend's next phase of growth in the digital banking space. With over 23 years of experience, Srini joins Blend with a proven track record of scaling SaaS businesses, driving product innovation, and delivering accelerated value creation for stakeholders. In his role as Head of Product, Technology, and Customer Operations, he will orchestrate the company's product vi
SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Erin Lantz as an independent director to its Board of Directors, effective October 14, 2024. Her appointment demonstrates the Company's commitment to ongoing board refreshment as it increases its size to 11 directors. The Board plans to consider Ms. Lantz for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Ms. Lantz brings to the Meritage Board over 20 years of leadership experience and extensive knowledge in technology-related offerings. She currently serves
Blend Bolsters its Board of Directors to Guide Next Phase of Growth Blend (NYSE:BLND), a leading provider of digital banking solutions, is pleased that Bryan Sullivan and Eric Woersching have been elected to its Board of Directors, at the Company's annual meeting of stockholders held on June 12, 2024. As of June 12, 2024, Sullivan is serving as Chair of the Audit Committee and member of the Compensation Committee, and Woersching is serving as a member of the Audit Committee and Nominating and Corporate Governance Committee. "We're thrilled to welcome Bryan Sullivan and Eric Woersching to Blend's Board of Directors," said Nima Ghamsari, Chair of the Board and Head of Blend. "Sullivan b
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144 - Blend Labs, Inc. (0001855747) (Subject)
144 - Blend Labs, Inc. (0001855747) (Subject)
JMP Securities initiated coverage of Blend Labs with a rating of Mkt Outperform and set a new price target of $7.00
Canaccord Genuity upgraded Blend Labs from Hold to Buy and set a new price target of $4.75 from $3.00 previously
William Blair upgraded Blend Labs from Mkt Perform to Outperform
4 - Blend Labs, Inc. (0001855747) (Issuer)
4 - Blend Labs, Inc. (0001855747) (Issuer)
4/A - Blend Labs, Inc. (0001855747) (Issuer)