LendingClub (NYSE:LC) Upgraded at Zacks Research

Zacks Research upgraded shares of LendingClub (NYSE:LC) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other research firms have also recently weighed in on LC. Janney Montgomery Scott increased their price objective on LendingClub from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Keefe, Bruyette & Woods upped their target price on shares of LendingClub from $20.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Citizens Jmp upgraded shares of LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingClub in a research report on Monday, December 29th. Finally, BTIG Research reissued a “buy” rating and set a $26.00 target price 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 issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

LendingClub Price Performance

LendingClub stock opened at $15.67 on Tuesday. LendingClub has a fifty-two week low of $7.90 and a fifty-two week high of $21.67. The firm has a fifty day moving average price of $19.32 and a two-hundred day moving average price of $17.33. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 13.62 and a beta of 2.08.

LendingClub (NYSE:LC) last posted its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $266.47 million for the quarter, compared to analyst estimates of $262.88 million. LendingClub had a return on equity of 9.62% and a net margin of 13.58%.The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts expect that LendingClub will post 0.72 earnings per share for the current year.

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

Insider Activity

In other news, Director Erin Selleck sold 2,390 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $19.47, for a total value of $46,533.30. Following the transaction, the director directly owned 76,377 shares of the company’s stock, valued at $1,487,060.19. The trade was a 3.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.19% of the company’s stock.

Institutional Trading of LendingClub

Large investors have recently made changes to their positions in the business. Requisite Capital Management LLC raised its holdings in shares of LendingClub by 13.8% in the fourth quarter. Requisite Capital Management LLC now owns 20,000 shares of the credit services provider’s stock valued at $379,000 after buying an additional 2,429 shares during the last quarter. Independent Advisor Alliance increased its position in LendingClub by 28.4% in the 4th quarter. Independent Advisor Alliance now owns 28,551 shares of the credit services provider’s stock valued at $541,000 after acquiring an additional 6,317 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of LendingClub in the fourth quarter worth about $386,000. Bailard Inc. acquired a new position in shares of LendingClub during the fourth quarter worth approximately $208,000. Finally, International Assets Investment Management LLC acquired a new position in shares of LendingClub during the fourth quarter worth approximately $40,000. Institutional investors own 74.08% of the company’s stock.

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.