LendingClub (NYSE:LC) Raised to Buy at Wall Street Zen

by · The Cerbat Gem

LendingClub (NYSE:LC – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities research analysts also recently commented on LC. Citizens Jmp upgraded LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research report on Monday, November 10th. BTIG Research reaffirmed a “buy” rating and issued a $26.00 price objective on shares of LendingClub in a research note on Thursday, January 29th. JPMorgan Chase & Co. upped their price objective on LendingClub from $22.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of LendingClub in a report on Monday, December 29th. Finally, Piper Sandler restated an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $22.00.

View Our Latest Stock Analysis on LC

LendingClub Stock Performance

LC stock opened at $16.95 on Friday. LendingClub has a one year low of $7.90 and a one year high of $21.67. The company’s fifty day moving average price is $19.30 and its 200-day moving average price is $17.42. The company has a market capitalization of $1.95 billion, a PE ratio of 14.74 and a beta of 2.08.

LendingClub (NYSE:LC – Get Free Report) last posted its earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $266.47 million during the quarter, compared to analysts’ expectations of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.62%. LendingClub’s quarterly revenue was up 22.7% on a year-over-year basis. During the same period last year, the company posted $0.08 earnings per share. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. On average, research analysts predict that LendingClub will post 0.72 EPS for the current fiscal year.

LendingClub announced that its board has approved a share buyback plan on Wednesday, November 5th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the credit services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at LendingClub

In related news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $19.47, for a total value of $46,533.30. Following the completion of the transaction, the director owned 76,377 shares of the company’s stock, valued at approximately $1,487,060.19. This represents a 3.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On LendingClub

A number of hedge funds have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of LendingClub during the third quarter worth approximately $26,000. International Assets Investment Management LLC acquired a new stake in LendingClub during the 4th quarter worth $40,000. Quarry LP grew its holdings in shares of LendingClub by 343.0% during the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock worth $46,000 after buying an additional 2,346 shares in the last quarter. Larson Financial Group LLC raised its position in shares of LendingClub by 1,435.4% in the fourth quarter. Larson Financial Group LLC now owns 3,040 shares of the credit services provider’s stock valued at $58,000 after buying an additional 2,842 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of LendingClub in the third quarter worth about $59,000. Institutional investors and hedge funds own 74.08% of the company’s stock.

LendingClub Company Profile

(Get Free Report)

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.

Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.

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