14 Best Technology Penny Stocks to Buy According to Analysts

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

Share Price: $2.73

Average Price Target Upside Potential According to Analysts: 79.49%

Number of Hedge Fund Holders: 33

Blend Labs, Inc. (NYSE:BLND) is one of the best technology penny stocks to buy according to analysts. On August 7, Blend Labs, Inc. (NYSE:BLND) shared its second quarter 2025 financial results and reported that it reached a record high for its remaining performance obligations (RPO), with a balance of $190.4 million at the end of the quarter.

The company saw strong sales growth in the second quarter. Blend Labs, Inc. (NYSE:BLND) secured 23 new and expanded deals, which is twice as many as in the first quarter.

This growth came from both gaining new customers and deep product expansions with existing customers. Out of these 23 deals, 3 included new independent mortgage banks. This shows that Blend Labs, Inc.’s (NYSE:BLND) focus on this customer channel is starting to pay off.

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

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