Lendingclub (NASDAQ:HAPN – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.430-0.480 for the period, compared to the consensus earnings per share estimate of 0.440. The company issued revenue guidance of -. Lendingclub also updated its FY 2026 guidance to 1.800-1.900 EPS.
Analysts Set New Price Targets
A number of equities analysts have commented on HAPN shares. Weiss Ratings initiated coverage on Lendingclub in a research note on Thursday, June 25th. They issued a “hold (c+)” rating for the company. Citizens Jmp boosted their price objective on Lendingclub from $23.00 to $25.00 and gave the company a “market outperform” rating in a research report on Tuesday. Finally, BTIG Research reaffirmed a “buy” rating and issued a $25.00 target price on shares of Lendingclub in a research report on Tuesday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $25.00.
Lendingclub Stock Down 1.8%
Lendingclub (NASDAQ:HAPN – Get Free Report) last released its earnings results on Monday, July 27th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.08. Lendingclub had a return on equity of 13.08% and a net margin of 18.67%.The firm had revenue of $262.86 million during the quarter. Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. As a group, sell-side analysts anticipate that Lendingclub will post 1.75 EPS for the current fiscal year.
Insider Activity at Lendingclub
In other news, SVP Fergal Stack sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $21.01, for a total transaction of $1,050,500.00. Following the sale, the senior vice president owned 154,977 shares in the company, valued at $3,256,066.77. The trade was a 24.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jordan Cheng sold 5,500 shares of the firm’s stock in a transaction that occurred on 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 directly owned 102,574 shares of the company’s stock, valued at $2,138,667.90. This represents a 5.09% decrease in their position. 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. Insiders sold a total of 109,250 shares of company stock valued at $2,241,312 over the last ninety days. 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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