Blend Labs Inc
NYSE:BLND

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Blend Labs Inc
NYSE:BLND
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Price: 4.4 USD -0.68% Market Closed
Market Cap: 1.1B USD
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Blend Labs Inc
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Blend Labs Inc
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Blend Labs Inc
NYSE:BLND
Cash & Cash Equivalents
$31m
CAGR 3-Years
-9%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Cash & Cash Equivalents
$8B
CAGR 3-Years
19%
CAGR 5-Years
16%
CAGR 10-Years
25%
Palantir Technologies Inc
NYSE:PLTR
Cash & Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash & Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash & Cash Equivalents
$2.9B
CAGR 3-Years
0%
CAGR 5-Years
12%
CAGR 10-Years
18%
Adobe Inc
NASDAQ:ADBE
Cash & Cash Equivalents
$7.6B
CAGR 3-Years
26%
CAGR 5-Years
23%
CAGR 10-Years
21%
No Stocks Found

Blend Labs Inc
Glance View

Market Cap
1.1B USD
Industry
Technology

In the bustling landscape of fintech innovation, Blend Labs Inc. has carved a niche as a transformative force reshaping the mortgage and consumer lending experience. Founded by Nima Ghamsari and Eugene Marinelli, the company's genesis stemmed from a vision to dramatically streamline the traditionally cumbersome mortgage process. Blend operates as a digital platform that integrates seamlessly with financial institutions, offering a cloud-based solution that enhances speed, efficiency, and transparency. By empowering banks and credit unions to offer a more intuitive and user-friendly interface, Blend reduces the friction associated with loan applications and underwriting. It is this technological alchemy that helps lenders provide quicker decision-making and improved customer satisfaction. The financial engine driving Blend's prosperity stems from its SaaS (Software as a Service) business model, wherein revenue is primarily generated through licensing its technology to lenders. Banks and financial institutions pay Blend for access to its platform, usually on a per-transaction or subscription basis. This revenue model not only aligns with the company's growth strategy but also embeds Blend deeply into its clients' operations, creating a recurring and scalable income stream. By continually refining its offerings and expanding into adjacent financial services like consumer banking and auto loans, Blend sustains its edge in the competitive fintech ecosystem. Through strategic partnerships and an unwavering focus on innovation, Blend Labs positions itself as an essential component in the evolving digital finance landscape.

BLND Intrinsic Value
2 USD
Overvaluation 55%
Intrinsic Value
Price

See Also

What is Blend Labs Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
31m USD

Based on the financial report for Dec 31, 2023, Blend Labs Inc's Cash & Cash Equivalents amounts to 31m USD.

What is Blend Labs Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 3Y
-9%

Over the last year, the Cash & Cash Equivalents growth was -75%. The average annual Cash & Cash Equivalents growth rates for Blend Labs Inc have been -9% over the past three years .

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