LLendingClub is an online lending platform that connects borrowers with individual investors in a peer-to-peer market. Borrowers apply for loans, which, once approved, are funded by investors who buy notes representing portions of the loan; the company earns origination fees from borrowers and service fees from investors. Unlike traditional banks, it bypasses intermediaries by enabling direct funding between borrowers and investors, with underwriting based on credit history and other factors. Its goal is to provide accessible credit and attractive investment opportunities through a scalable online marketplace.
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Company Size
501-1,000
Company Stage
IPO
Headquarters
San Francisco, CA
Founded
2006
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Total Funding
$1.5B
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Lendingclub (NASDAQ:HAPN) issues FY 2026 earnings guidance. October 30, 2026 Key points. * LendingClub raised or updated its FY 2026 EPS guidance to $1.87-$1.92, above the $1.85 analyst consensus, while forecasting Q4 2026 EPS of $0.43-$0.48. * The company's latest quarterly results exceeded expectations, with EPS of $0.50 versus the $0.47 estimate and revenue of $279.09 million, although revenue declined 1.1% year over year. * Analyst sentiment remains positive, with a consensus "Moderate Buy" rating and a $23.33 target price versus the stock's $15.69 opening price; insiders, however, have sold 137,800 shares over the past three months. * Five stocks we like better than Lendingclub. Lendingclub (NASDAQ:HAPN - Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.870-1.920 for the period, compared to the consensus earnings per share estimate of 1.850. Lendingclub also updated its Q4 2026 guidance to 0.430-0.480 EPS. Lendingclub stock performance. Shares of NASDAQ:HAPN opened at $15.69 on Friday. Lendingclub has a 52-week low of $13.05 and a 52-week high of $21.67. The stock has a market capitalization of $1.81 billion, a PE ratio of 8.77 and a beta of 1.88. The business has a 50-day moving average price of $15.95. Lendingclub (NASDAQ:HAPN - Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.03. The firm had revenue of $279.09 million for the quarter. Lendingclub had a net margin of 20.16% and a return on equity of 13.76%. Lendingclub's revenue was down 1.1% compared to the same quarter last year. Research analysts expect that Lendingclub will post 1.86 EPS for the current fiscal year. Analyst Ratings changes. Several equities analysts have weighed in on HAPN shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Lendingclub in a report on Tuesday, September 22nd. Piper Sandler dropped their price target on shares of Lendingclub from $25.00 to $20.00 and set an "overweight" rating for the company in a research note on Thursday. Citizens Jmp lifted their price target on shares of Lendingclub from $23.00 to $25.00 and gave the company a "market outperform" rating in a research report on Tuesday, July 28th. Finally, BTIG Research reiterated a "buy" rating and issued a $25.00 price objective on shares of Lendingclub in a report on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Lendingclub has a consensus rating of "Moderate Buy" and a consensus target price of $23.33. Discover more Stock Market News Stock Market Holidays Track Stock Market Insider buying and selling at Lendingclub. In other news, General Counsel Jordan Cheng sold 2,800 shares of the firm's stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $17.56, for a total value of $49,168.00. Following the sale, the general counsel directly owned 106,413 shares in the company, valued at approximately $1,868,612.28. This trade represents a 2.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Fergal Stack sold 37,500 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $18.64, for a total transaction of $699,000.00. Following the transaction, the senior vice president owned 77,477 shares of the company's stock, valued at approximately $1,444,171.28. The trade was a 32.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 137,800 shares of company stock valued at $2,618,356. Insiders own 3.31% of the company's stock. About Lendingclub. LendingClub Corporation is a U.S.-based financial technology company that operates a digital banking and lending platform. The company connects consumers seeking credit with funding sources and provides personal loans, debt-consolidation loans, auto-refinancing loans and other consumer credit products through its online platform. Following its acquisition of Radius Bancorp in 2020, LendingClub also operates as a bank holding company through LendingClub Bank, National Association. Its banking operations support consumer and commercial lending, as well as deposit products designed to provide funding for loans and other banking activities. Founded in 2006, LendingClub primarily serves customers in the United States. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Lendingclub, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lendingclub wasn't on the list. While Lendingclub currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely. Continue following MarketBeat
Lendingclub (NASDAQ:HAPN) SVP sells 37,500 shares of stock. August 20, 2026 Key points. * SVP Fergal Stack sold 37,500 shares of LendingClub at an average price of $18.64, worth $699,000, under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 32.62% to 77,477 shares, following additional sales in July and August. * LendingClub shares fell 3.2% to $17.97, giving the company a market capitalization of approximately $2.07 billion. The stock trades at a price-to-earnings ratio of 10.83 and remains below its 12-month high of $21.67. * The company's latest quarterly results exceeded expectations, with EPS of $0.50 versus a $0.42 consensus estimate and revenue of $262.86 million. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $25.00. * Five stocks to consider instead of Lendingclub. Lendingclub Corp (NASDAQ:HAPN - Get Free Report) SVP Fergal Stack sold 37,500 shares of the firm's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $18.64, for a total value of $699,000.00. Following the transaction, the senior vice president owned 77,477 shares in the company, valued at $1,444,171.28. The trade was a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Fergal Stack also recently made the following trade(s): * On Tuesday, August 18th, Fergal Stack sold 40,000 shares of Lendingclub stock. The stock was sold at an average price of $18.86, for a total value of $754,400.00. * On Wednesday, July 1st, Fergal Stack sold 50,000 shares of Lendingclub stock. The shares were sold at an average price of $21.01, for a total transaction of $1,050,500.00. Lendingclub stock down 3.2%. Shares of NASDAQ HAPN traded down $0.59 during trading hours on Thursday, hitting $17.97. 1,371,240 shares of the stock were exchanged, compared to its average volume of 1,544,969. The firm has a market cap of $2.07 billion, a PE ratio of 10.83 and a beta of 1.91. Lendingclub Corp has a 12 month low of $13.05 and a 12 month high of $21.67. Lendingclub (NASDAQ:HAPN - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.08. The business had revenue of $262.86 million for the quarter. Lendingclub had a net margin of 18.67% and a return on equity of 12.92%. Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. On average, equities research analysts anticipate that Lendingclub Corp will post 1.87 earnings per share for the current fiscal year. Analyst Ratings changes. HAPN has been the topic of several research analyst reports. BTIG Research restated a "buy" rating and set a $25.00 target price on shares of Lendingclub in a research note on Tuesday, July 28th. Weiss Ratings initiated coverage on Lendingclub in a research note on Thursday, June 25th. They issued a "hold (c+)" rating for the company. Finally, Citizens Jmp boosted their price target on Lendingclub from $23.00 to $25.00 and gave the stock a "market outperform" rating in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Lendingclub currently has an average rating of "Moderate Buy" and a consensus target price of $25.00. Discover more Business News Cryptocurrency Research Options Profit Calculator Lendingclub company profile. I couldn't find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Lendingclub, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lendingclub wasn't on the list. While Lendingclub currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
LendingClub reported strong second-quarter results, with loan originations rising 29% year-over-year to $3.1 billion. Pre-tax income reached a record $76 million, whilst diluted earnings per share increased 52% to $0.50. Revenue grew 6% to $263 million, supported by record net interest income. Credit performance improved, with the held-for-investment net charge-off ratio declining to 3.2% from 3.8% a year earlier. Marketplace volume increased 20%, with investor demand exceeding the company's loan supply capacity. The company raised its full-year originations guidance to $12.2 billion-$12.6 billion and diluted EPS guidance to $1.80-$1.90. LendingClub is expanding through its Happen Bank brand, home-improvement lending, deposit products, and AI-driven efficiency initiatives.
Marqeta appoints former LendingClub executive Lukasz Strozek as Chief Technology Officer. Published. June 2, 2026 Card issuing platform Marqeta has announced the appointment of Lukasz Strozek as Chief Technology Officer. Strozek takes over the company's global technology and engineering functions. He brings 20 years of experience managing engineering organizations within regulated financial services across public, growth, and early-stage companies. Strozek joins the platform directly from LendingClub, where he managed the engineering, product, and data divisions as CTO. His previous career highlights include serving as CTO of Hippo Insurance and holding various engineering and product leadership roles at Bridgewater Associates and Bolt Financial. Strozek also worked at SoFi following its 2018 acquisition of digital mortgage platform Clara Lending, a company he co-founded. The executive change is intended to advance Marqeta's global technology roadmap and scale its core card issuing platform. Regarding the appointment, CEO Mike Milotich stated that Strozek brings a "proven track record of scaling products and building high-performing engineering organizations." Strozek added, "I'm excited to work with this talented team to deliver next-generation capabilities that help customers solve complex challenges."
LendingClub's chief financial officer Andrew LaBenne sold 20,000 shares of common stock for approximately $340,000 on 28 May 2026, according to an SEC filing. The transaction was executed under a pre-established Rule 10b5-1 trading plan. The sale reduced LaBenne's direct ownership by 7.84%, though he retains 234,955 directly held shares worth approximately $4 million. The transaction aligns with LaBenne's established pattern of periodic sales, having conducted three disposals totalling 58,858 shares since July 2025. The sale occurred as LendingClub's stock closed at $17.03, with the company's shares having posted a one-year total return of 77.97% as of the transaction date. LendingClub operates a technology-driven platform providing unsecured personal loans, auto loans and commercial lending services.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Francisco, CA
Founded
2006
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