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Blend Labs ( (BLND) ) has shared an update.
On January 6, 2026, Blend Labs announced that fintech sales veteran Matt Thomson has joined the company as Head of Revenue, succeeding outgoing revenue chief Brian Kneafsey, who will move into an advisory role to support continuity. Thomson, who previously scaled sales and customer bases at Alkami Technology and ACI Worldwide across community banks, credit unions, and regional institutions, will lead Blend’s sales organization and revenue strategy as the company seeks to deepen its penetration among financial institutions. The appointment comes after a period of commercial momentum for Blend, which in the third quarter of 2025 added new customers, expanded existing relationships, and reported an approximately 60% year-over-year increase in its sales pipeline, following the early-2025 launch of its Intelligent Origination AI-powered lending platform—developments that position the firm to capitalize on banks’ and credit unions’ growing demand for digital partners.
The most recent analyst rating on (BLND) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Blend Labs stock, see the BLND Stock Forecast page.
Spark’s Take on BLND Stock
According to Spark, TipRanks’ AI Analyst, BLND is a Neutral.
Blend Labs’ overall stock score reflects significant financial challenges, with negative equity and ongoing losses being major concerns. However, consistent non-GAAP profitability and growth in consumer banking provide some optimism. Technical indicators suggest a neutral trend, while valuation remains unattractive due to lack of profitability.
To see Spark’s full report on BLND stock, click here.
More about Blend Labs
Blend Labs Inc. (NYSE: BLND) is a leading origination platform for digital banking solutions, providing technology that helps financial providers—including large banks, fintechs, credit unions, and community and independent mortgage banks—modernize and streamline customer banking and lending experiences.
Average Trading Volume: 3,350,145
Technical Sentiment Signal: Strong Sell
Current Market Cap: $823.4M
For an in-depth examination of BLND stock, go to TipRanks’ Overview page.