10 Best Tech Stocks To Buy Under $5

2. Blend Labs, Inc. (NYSE:BLND)

Share Price: $3.28

Number of Hedge Fund Holders: 33

Blend Labs, Inc. (NYSE:BLND) is one of the 10 best tech stocks to buy under $5. On May 28, Citizens JMP maintained its “Market Outperform” rating for Blend Labs, Inc. (NYSE:BLND) with a price target of $7.

This reiteration follows a series of investor meetings in the San Francisco Bay Area, where analysts had the chance to talk with Amir Jafari, the company’s Head of Finance & Administration. These meetings helped investors understand Blend Labs, Inc.’s (NYSE:BLND) operations and financial plans better.

Blend Labs, Inc. (NYSE:BLND) has seen its stock price decline so far this year. However, Citizens JMP analysts see the current valuation as a good opportunity to stay positive about the company’s future despite the downward trend.

Blend Labs, Inc. (NYSE:BLND) offers digital banking solutions through its cloud origination platform for banks, credit unions, and mortgage lenders.