Here is What the Street is Saying About Blend Labs (BLND) Following Q1

Blend Labs, Inc. (NYSE:BLND) is one of the best tech stocks under $5 to buy. Blend Labs, Inc. (NYSE:BLND) has received several rating updates following the release of its financial results for fiscal Q1 2026. On May 15, Canaccord cut the price target on Blend Labs, Inc. (NYSE:BLND) to $4.50 from $5.25, maintaining a Buy rating on the shares and stating that the company is continuing to do all it can in terms of profitability, growth, and product set expansion. It added that Blend Labs, Inc. (NYSE:BLND) is doing this despite the persistently tough mortgage macro.

Blend Labs, Inc. (NYSE:BLND) also received a rating update from Citizens on May 8. The firm cut the price target on the stock to $4 from $5, maintaining an Outperform rating on the shares and telling investors in a research note that the company reported solid fiscal Q1 results. It added that although the guidance for fiscal Q2 was disappointing, Citizens continues to like Blend Labs, Inc. (NYSE:BLND) as Autopilot appears to have product market fit and a real path to monetization with 65 lenders in the free beta ending June 30.

Blend Labs, Inc. (NYSE:BLND) is a digital orientation platform that serves credit unions, banks, and mortgage lenders. Its operations are divided into the Blend Platform and Title segments.

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