LendingClub Corporation (NYSE:LC) Receives Average Rating of “Moderate Buy” from Brokerages

LendingClub Corporation (NYSE:LC) has received a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $22.00.

LC has been the subject of a number of research reports. Keefe, Bruyette & Woods boosted their price target on LendingClub from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Zacks Research upgraded LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingClub in a research note on Monday, December 29th. Citizens Jmp upgraded LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 target price for the company in a report on Monday, November 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of LendingClub from $22.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th.

LendingClub Stock Down 3.0%

Shares of LC opened at $14.68 on Friday. The firm has a market cap of $1.69 billion, a PE ratio of 12.77 and a beta of 2.11. The company’s fifty day moving average is $17.86 and its two-hundred day moving average is $17.49. LendingClub has a fifty-two week low of $7.90 and a fifty-two week high of $21.67.

LendingClub (NYSE:LC) last announced its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share (EPS) 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 9.47%. The business’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.08 EPS. 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, equities research analysts anticipate that LendingClub will post 0.72 earnings per share for the current year.

Institutional Investors Weigh In On LendingClub

Several large investors have recently made changes to their positions in LC. Aster Capital Management DIFC Ltd acquired a new position in shares of LendingClub during the 3rd quarter valued at $26,000. International Assets Investment Management LLC purchased a new stake in LendingClub during the 4th quarter worth $40,000. Kestra Advisory Services LLC acquired a new stake in LendingClub in the 4th quarter valued at $44,000. Quarry LP increased its holdings in LendingClub by 343.0% in the 3rd quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock valued at $46,000 after purchasing an additional 2,346 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in 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 purchasing an additional 2,842 shares during the period. Institutional investors and hedge funds own 74.08% of the company’s stock.

About LendingClub

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.