Blend Labs Appoints New Head of Revenue to Accelerate Customer Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: Newsfilter
- Leadership Change: Blend Labs has appointed Matt Thomson as the new Head of Revenue, bringing over 25 years of fintech sales experience from Alkami Technology and ACI Worldwide, which is expected to enhance the company's market share among financial institutions under his leadership.
- Customer Base Expansion: In Q3 2025, Blend Labs added new customers and expanded several existing client relationships, with the company's pipeline up approximately 60% year-over-year, laying a solid foundation for future revenue growth.
- Technological Innovation: Blend unveiled Intelligent Origination in 2025, an AI-powered system deeply integrated into its digital lending platform, aimed at redefining lending operations, thereby enhancing customer experience and strengthening market competitiveness.
- Strategic Partnerships: Matt Thomson's addition will not only drive the strategic development of the sales organization but also help financial institutions establish long-term partnerships in digital competition, thereby enhancing Blend Labs' brand influence and market position.
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Analyst Views on BLND
Wall Street analysts forecast BLND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLND is 4.19 USD with a low forecast of 3.00 USD and a high forecast of 5.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 2.440
Low
3.00
Averages
4.19
High
5.25
Current: 2.440
Low
3.00
Averages
4.19
High
5.25
About BLND
Blend Labs, Inc. is a digital origination platform for banks, credit unions, and mortgage lenders. The Company has built a cloud-based software platform and suite of products for financial services firms. From mortgages to consumer loans to deposit accounts, the Company helps financial institutions streamline workflows and deliver customer experiences. The Company has technology, data, and service providers on its software platform, including access to an extensive marketplace of insurance carriers and settlement agencies. The Company's platform also includes Blend Builder, which gives its customers the ability to easily configure or build custom workflows from a pre-built set of components, all while leveraging existing infrastructure. Financial services firms can create custom solutions with Blend Builder, or choose from pre-built solutions for Mortgage and Consumer Banking, including Home Equity, Deposit Accounts, Credit Cards, Personal Lending, Auto Lending and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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