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Stock impact report

Blend Labs CEO Says ‘I Have Never Been More Excited' Even as the Stock Has Fallen Roughly 46% [Yahoo! Finance]

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Yahoo! Finance
Blend Labs is embedding AI in loan origination to reduce $11,000 mortgage costs while Consumer Banking accelerates and mortgage servicers seek AI integration. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Blend Labs CEO Nima Ghamsari said something that does not come up often on earnings calls: "I have never been more excited about our business." That is a bold statement for a company whose stock has fallen roughly 46% over the past year. So what is he actually seeing? The Tale of Two Businesses Ghamsari was direct about the split inside Blend Labs ( NYSE:BLND ): "It reflects a tale of two dynamics. We saw continued strength and growth in our Consumer Banking Suite, which was offset by some headwinds to revenue in our mortgage business." The numbers back that up. In Q3 2025, Consumer Banking Suite revenue grew 34% year-over-year to $12.7 million, while Mortgage Suite revenue fell 18% to $17.7 million. Consumer Banking now represen Show less Read more
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