Citizens JMP Maintains Market Outperform Rating on Blend Labs (BLND)

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.

Citizens JMP Maintains Market Outperform Rating on Blend Labs (BLND)

A close-up of a person’s hand signing a mortgage document.

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.

While we acknowledge the potential of BLND as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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