William Blair Sticks with Buy as Blend Labs (BLND) Sharpens SaaS Focus
From Yahoo Finance: 2025-06-28 05:15:00
Blend Labs Inc. (NYSE:BLND) is among the top 10 debt-free IT penny stocks to buy. William Blair analyst Dylan Becker reaffirmed a Buy rating on Blend, highlighting the strategic divestment of Title365, enabling Blend to focus on vertical SaaS operations. This move is expected to improve financials, gross margins, and customer experiences in the financial services sector.
With a narrowed focus on digital tools for banking products, Blend is poised to strengthen its market position in the long term. Becker anticipates improved profitability and revenue growth post-2025, despite challenges in the mortgage market. Blend Labs offers a cloud-based banking software platform for simplified and automated consumer banking experiences.
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