Lendingclub (NASDAQ:HAPN) Stock Price Expected to Rise, Citizens Jmp Analyst Says

Lendingclub (NASDAQ:HAPN) had its target price increased by equities research analysts at Citizens Jmp from $23.00 to $25.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price target indicates a potential upside of 33.33% from the company’s previous close.

Several other analysts have also recently commented on the company. Weiss Ratings began coverage on Lendingclub in a report on Thursday, June 25th. They set a “hold (c+)” rating on the stock. BTIG Research restated a “buy” rating and issued a $25.00 price objective on shares of Lendingclub in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $25.00.

Lendingclub Trading Up 3.8%

Shares of Lendingclub stock opened at $18.75 on Tuesday. The stock has a market cap of $2.17 billion, a PE ratio of 12.58 and a beta of 1.93. Lendingclub has a twelve month low of $12.84 and a twelve month high of $21.67.

Lendingclub (NASDAQ:HAPN) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. The firm had revenue of $262.86 million for the quarter. Lendingclub had a return on equity of 11.92% and a net margin of 16.99%.Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. Research analysts forecast that Lendingclub will post 1.75 earnings per share for the current year.

Insider Activity at Lendingclub

In other news, CEO Scott Sanborn sold 25,000 shares of Lendingclub stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $21.00, for a total transaction of $525,000.00. Following the transaction, the chief executive officer directly owned 1,536,063 shares of the company’s stock, valued at $32,257,323. This trade represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Fergal Stack sold 50,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $21.01, for a total value of $1,050,500.00. Following the completion of the transaction, the senior vice president directly owned 154,977 shares of the company’s stock, valued at approximately $3,256,066.77. The trade was a 24.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 109,250 shares of company stock worth $2,241,312. 3.31% of the stock is owned by insiders.

More Lendingclub News

Here are the key news stories impacting Lendingclub this week:

• Positive Sentiment: Second-quarter earnings exceeded expectations. HAPN reported adjusted EPS of $0.50, up 52% from $0.33 a year earlier and above the $0.42 analyst consensus. Revenue was $262.86 million, while pre-tax income reached a record $75.7 million. Happen Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Loan originations and profitability improved. Originations increased 29% year over year to $3.1 billion. The company reported a 15.1% return on equity, a 15.9% return on tangible common equity and a 16.99% net margin, supporting the view that operating leverage is strengthening. Happen Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Full-year guidance was raised above Wall Street expectations. Management projected fiscal 2026 EPS of $1.80-$1.90, compared with consensus of $1.74. Third-quarter EPS guidance of $0.43-$0.48 brackets the $0.44 consensus, with the midpoint modestly above expectations. Happen Bank Full Steam Ahead As Net Interest Income Soars
• Positive Sentiment: The rebrand to Happen Bank is being viewed as a growth catalyst. Coverage highlighted rising net interest income and the company’s evolution from a lending platform into a broader digital bank, potentially giving HAPN a more diversified growth profile. Happen Delivers Solid Q2 Earnings Beat

About Lendingclub

I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.