On May 12, 2025, Canaccord Genuity analyst Joseph Vafi maintained a 'Buy' rating for Blend Labs (BLND, Financial). The analyst affirmed the price target of USD 5.25, reflecting a stable outlook for the company's stock.
This decision by Canaccord Genuity to keep both the 'Buy' rating and the price target unchanged suggests a consistent confidence in BLND's market potential. The current price target matches the prior target, indicating no change in the valuation assigned by the analyst.
Investors interested in Blend Labs (BLND, Financial) should note this sustained positive rating as a signal of ongoing confidence from financial analysts at Canaccord Genuity, based on their recent evaluation of the company's performance and prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Blend Labs Inc (BLND, Financial) is $4.93 with a high estimate of $7.00 and a low estimate of $3.50. The average target implies an upside of 39.91% from the current price of $3.52. More detailed estimate data can be found on the Blend Labs Inc (BLND) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Blend Labs Inc's (BLND, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Blend Labs Inc (BLND, Financial) in one year is $1.88, suggesting a downside of 46.59% from the current price of $3.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Blend Labs Inc (BLND) Summary page.
