Lendingclub (NASDAQ:HAPN) Announces FY 2026 Earnings Guidance

Lendingclub (NASDAQ:HAPN) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.870-1.920 for the period, compared to the consensus estimate of 1.850. Lendingclub also updated its Q4 2026 guidance to 0.430-0.480 EPS.

Lendingclub Trading Down 2.2%

Shares of HAPN stock opened at $15.69 on Friday. The firm’s 50 day simple moving average is $15.95. Lendingclub has a fifty-two week low of $13.05 and a fifty-two week high of $21.67. The firm has a market capitalization of $1.81 billion, a PE ratio of 8.77 and a beta of 1.88.

Lendingclub (NASDAQ:HAPN) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.03. Lendingclub had a net margin of 20.16% and a return on equity of 13.76%. The company had revenue of $279.09 million during the quarter. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. On average, research analysts anticipate that Lendingclub will post 1.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HAPN has been the topic of several research reports. BTIG Research reissued a “buy” rating and issued a $25.00 target price on shares of Lendingclub in a report on Tuesday, July 28th. Piper Sandler decreased their price objective on shares of Lendingclub from $25.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lendingclub in a research note on Tuesday, September 22nd. Finally, Citizens Jmp boosted their target price on Lendingclub from $23.00 to $25.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.33.

Insiders Place Their Bets

In other Lendingclub news, General Counsel Jordan Cheng sold 2,800 shares of Lendingclub stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $17.56, for a total transaction of $49,168.00. Following the completion of the sale, the general counsel owned 106,413 shares of the company’s stock, valued at $1,868,612.28. This trade represents a 2.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Sanborn sold 28,750 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $18.25, for a total value of $524,687.50. Following the completion of the transaction, the chief executive officer directly owned 1,462,774 shares in the company, valued at approximately $26,695,625.50. The trade was a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 137,800 shares of company stock worth $2,618,356 in the last quarter. 3.31% of the stock is currently owned by corporate insiders.

About Lendingclub

LendingClub Corporation is a U.S.-based financial technology company that operates a digital banking and lending platform. The company connects consumers seeking credit with funding sources and provides personal loans, debt-consolidation loans, auto-refinancing loans and other consumer credit products through its online platform.

Following its acquisition of Radius Bancorp in 2020, LendingClub also operates as a bank holding company through LendingClub Bank, National Association. Its banking operations support consumer and commercial lending, as well as deposit products designed to provide funding for loans and other banking activities.

Founded in 2006, LendingClub primarily serves customers in the United States.