I recently provided deep-dive analysis on Blend Labs (NYSE:BLND). The 48-minute video can be found here.
Since then, Blend Labs reported earnings on Nov. 11. The stock took a leg lower after earnings, and it’s currently trading nearly 50% from its highs. In the previous video, I explained that the market may not understand how to value the company.
I’m an investor in Blend Labs, and I really wanted to understand some of the information reported. There were many tough questions that were not answered. I reached out to the investor relations team at Blend Labs, and they kindly arranged a meeting with Nima Ghamsari, Blend’s co-Founder and CEO. In the video below, he answers tough questions regarding:
- The recent earnings miss and explanations
- How to value Blend stock
- The overall housing market landscape as interest rates rise and how this will impact Blend
- Blend Labs’ future artificial intelligence (AI) plans
- His take on digital assets and blockchain technology
- How Blend Labs could potentially fit in as a metaverse play
- The future of fintech
- And more
Please watch the below video, and don’t forget to subscribe so you don’t miss the next exclusive video.
*Stock prices used in the below video were during the trading day of Nov. 23, 2021. The video was published on Nov. 24, 2021.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
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