LendingClub Corporation (NYSE:LC) Given Average Rating of “Moderate Buy” by Analysts

LendingClub Corporation (NYSE:LC) has received an average rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $22.00.

Several research firms have commented on LC. BTIG Research reissued a “buy” rating and issued a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. Zacks Research raised LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Wall Street Zen cut shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. JPMorgan Chase & Co. increased their price objective on shares of LendingClub from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of LendingClub in a research note on Monday, December 29th.

LendingClub Stock Performance

Shares of NYSE LC opened at $14.25 on Wednesday. The company has a 50 day simple moving average of $15.92 and a two-hundred day simple moving average of $17.23. LendingClub has a fifty-two week low of $7.90 and a fifty-two week high of $21.67. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 12.39 and a beta of 2.11.

LendingClub (NYSE:LC) last issued its quarterly earnings results 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. LendingClub had a return on equity of 9.47% and a net margin of 13.58%.The firm had revenue of $266.47 million for the quarter, compared to analysts’ expectations of $262.88 million. During the same period in the previous year, the firm posted $0.08 EPS. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. On average, analysts forecast that LendingClub will post 0.72 earnings per share for the current fiscal year.

Insider Activity at LendingClub

In related news, Director Erin Selleck sold 2,390 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total transaction of $36,949.40. Following the completion of the sale, the director owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This trade represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.31% of the stock is currently owned by insiders.

Hedge Funds Weigh In On LendingClub

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. bought a new stake in shares of LendingClub in the 4th quarter worth $63,580,000. Azora Capital LP boosted its position in shares of LendingClub by 258.2% during the third quarter. Azora Capital LP now owns 2,391,190 shares of the credit services provider’s stock valued at $36,322,000 after buying an additional 1,723,658 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in LendingClub by 184.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider’s stock worth $32,230,000 after buying an additional 1,375,002 shares in the last quarter. Wellington Management Group LLP increased its holdings in LendingClub by 18.8% in the 3rd quarter. Wellington Management Group LLP now owns 7,960,550 shares of the credit services provider’s stock worth $120,921,000 after buying an additional 1,261,861 shares in the last quarter. Finally, Marshall Wace LLP raised its position in LendingClub by 1,232.2% in the 3rd quarter. Marshall Wace LLP now owns 735,821 shares of the credit services provider’s stock worth $11,177,000 after buying an additional 680,589 shares during the last quarter. 74.08% of the stock is owned by institutional investors.

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.