LendingClub Corporation (NYSE:LC) Receives Consensus Rating of “Moderate Buy” from Analysts

LendingClub Corporation (NYSE:LC) has been assigned an average rating of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $23.0714.

Several equities research analysts have commented on LC shares. BTIG Research reissued a “buy” rating and set a $26.00 price target on shares of LendingClub in a research report on Thursday, January 29th. Wall Street Zen cut shares of LendingClub from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of LendingClub in a research report on Wednesday, May 6th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Finally, Piper Sandler reissued an “overweight” rating and set a $23.00 price target on shares of LendingClub in a research report on Thursday, January 29th.

Insider Activity

In other news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the sale, the director directly owned 78,767 shares of the company’s stock, valued at approximately $1,217,737.82. This represents a 2.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.19% of the company’s stock.

Institutional Investors Weigh In On LendingClub

A number of institutional investors and hedge funds have recently modified their holdings of LC. AQR Capital Management LLC raised its holdings in shares of LendingClub by 165.1% in the 1st quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider’s stock valued at $349,000 after purchasing an additional 21,045 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of LendingClub by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider’s stock valued at $8,793,000 after purchasing an additional 12,019 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of LendingClub by 3.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 300,658 shares of the credit services provider’s stock valued at $3,103,000 after purchasing an additional 11,407 shares during the period. Cetera Investment Advisers raised its holdings in shares of LendingClub by 105.9% in the 2nd quarter. Cetera Investment Advisers now owns 28,870 shares of the credit services provider’s stock valued at $347,000 after purchasing an additional 14,851 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of LendingClub by 10.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 585,163 shares of the credit services provider’s stock valued at $7,040,000 after purchasing an additional 57,309 shares during the period. 74.08% of the stock is owned by institutional investors.

LendingClub Price Performance

Shares of NYSE:LC opened at $15.64 on Thursday. The company’s 50-day moving average price is $15.57 and its two-hundred day moving average price is $17.11. LendingClub has a one year low of $9.70 and a one year high of $21.67. The stock has a market capitalization of $1.80 billion, a PE ratio of 10.49 and a beta of 2.00.

LendingClub (NYSE:LC) last issued its quarterly earnings results on Monday, April 27th. The credit services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.38 by $0.06. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The firm had revenue of $252.25 million for the quarter, compared to analysts’ expectations of $249.10 million. During the same period in the previous year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. On average, analysts anticipate that LendingClub will post 1.72 earnings per share for the current fiscal year.

LendingClub Company Profile

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.