Lendingclub (NASDAQ:HAPN – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.800-1.900 for the period, compared to the consensus earnings per share estimate of 1.740. The company issued revenue guidance of -. Lendingclub also updated its Q3 2026 guidance to 0.430-0.480 EPS.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Citizens Jmp raised their price objective on Lendingclub from $23.00 to $25.00 and gave the company a “market outperform” rating in a research note on Tuesday. Weiss Ratings began coverage on shares of Lendingclub in a report on Thursday, June 25th. They set a “hold (c+)” rating on the stock. Finally, BTIG Research reiterated a “buy” rating and issued a $25.00 price objective on shares of Lendingclub in a research note on Tuesday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Lendingclub currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.00.
Check Out Our Latest Analysis on HAPN
Lendingclub Price Performance
Lendingclub (NASDAQ:HAPN – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. The firm had revenue of $262.86 million during the quarter. Lendingclub had a return on equity of 13.08% and a net margin of 18.67%.Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. Analysts anticipate that Lendingclub will post 1.75 EPS for the current fiscal year.
Insider Activity
In related news, CEO Scott Sanborn sold 28,750 shares of Lendingclub stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $19.17, for a total transaction of $551,137.50. Following the sale, the chief executive officer directly owned 1,561,063 shares in the company, valued at $29,925,577.71. The trade was a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jordan Cheng sold 5,500 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $20.85, for a total transaction of $114,675.00. Following the completion of the transaction, the general counsel owned 102,574 shares in the company, valued at approximately $2,138,667.90. The trade was a 5.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 109,250 shares of company stock valued at $2,241,312. Insiders own 3.31% of the company’s stock.
About Lendingclub
I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.
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