JPMorgan Chase & Co. Has Lowered Expectations for LendingTree (NASDAQ:TREE) Stock Price

Key Points

• JPMorgan cut its LendingTree price target from $48 to $40 but kept an Overweight rating; the new target implied 3.86% upside from the prior close.
• Analyst views remained broadly positive: MarketBeat reported a “Moderate Buy” consensus and a $53.60 average target, with four Buy and two Hold ratings.
• LendingTree shares rose 33.4% to $38.51 in Wednesday trading. Its latest quarter’s revenue topped estimates, but EPS of a $5.15 loss sharply missed the $1.26 consensus.

LendingTree (NASDAQ:TREE - Get Free Report) had its price objective lowered by equities research analysts at JPMorgan Chase & Co. from $48.00 to $40.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has an "overweight" rating on the financial services provider's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 3.86% from the company's previous close.

A number of other research analysts also recently issued reports on the company. Wall Street Zen downgraded LendingTree from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. Keefe, Bruyette & Woods dropped their price objective on LendingTree from $70.00 to $58.00 and set an "outperform" rating for the company in a report on Monday, July 13th. Truist Financial dropped their price objective on LendingTree from $70.00 to $65.00 and set a "buy" rating for the company in a report on Wednesday. Needham & Company LLC cut their price objective on LendingTree from $60.00 to $45.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of LendingTree in a research note on Monday, September 21st. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $53.60.

LendingTree Trading Up 33.4%

TREE traded up $9.64 during trading on Wednesday, hitting $38.51. 1,318,316 shares of the stock traded hands, compared to its average volume of 352,370. The firm has a market capitalization of $540.72 million, a P/E ratio of 3.00 and a beta of 1.99. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a 50-day moving average of $26.38 and a 200 day moving average of $37.98. LendingTree has a 12-month low of $23.50 and a 12-month high of $68.93.

LendingTree (NASDAQ:TREE - Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The financial services provider reported ($5.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($6.41). The firm had revenue of $343.59 million during the quarter, compared to analysts' expectations of $329.72 million. LendingTree had a net margin of 14.33% and a return on equity of 14.57%. LendingTree's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.70 EPS. Equities research analysts anticipate that LendingTree will post 3.49 EPS for the current year.

Hedge Funds Weigh In On LendingTree

Several hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its position in shares of LendingTree by 572.0% during the second quarter. IFP Advisors Inc now owns 719 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 612 shares in the last quarter. Asset Management One Co. Ltd. grew its stake in LendingTree by 54.2% in the third quarter. Asset Management One Co. Ltd. now owns 1,743 shares of the financial services provider's stock worth $43,000 after purchasing an additional 613 shares during the period. Integrated Wealth Concepts LLC bought a new position in LendingTree in the second quarter worth $42,000. Public Employees Retirement System of Ohio raised its holdings in LendingTree by 123.5% in the first quarter. Public Employees Retirement System of Ohio now owns 4,227 shares of the financial services provider's stock worth $181,000 after purchasing an additional 2,336 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in LendingTree by 578.8% in the third quarter. Signaturefd LLC now owns 2,790 shares of the financial services provider's stock worth $68,000 after purchasing an additional 2,379 shares in the last quarter. Hedge funds and other institutional investors own 68.26% of the company's stock.

LendingTree News Roundup

Here are the key news stories impacting LendingTree this week:

• Positive Sentiment: Third-quarter revenue rose about 12% year over year to $343.6 million, topping the $329.7 million consensus estimate, with growth across all three business segments. LendingTree Q3 results
• Positive Sentiment: Management expects approximately 14% adjusted EBITDA growth at the midpoint of its 2026 outlook and plans stock buybacks in the fourth quarter, offering potential support for earnings growth and shareholder returns. 2026 guidance and buybacks
• Neutral Sentiment: Truist lowered its price target from $70 to $65 but maintained a Buy rating, indicating continued optimism while tempering its valuation outlook. Truist rating information
• Negative Sentiment: LendingTree reported a GAAP net loss of $72.4 million, or $5.15 per diluted share, versus analyst expectations for a profit. The loss was driven by a $98.8 million non-cash goodwill impairment, which may weigh on sentiment even though it is not a cash expense. LendingTree Q3 results
• Negative Sentiment: The company’s fourth-quarter revenue outlook missed expectations, raising concern that recent revenue growth may not carry through as strongly in the near term. Q3 sales and revenue guidance

About LendingTree

LendingTree, Inc operates an online marketplace that helps consumers compare financial products and services from a network of lenders, insurers and other providers. Its platform is designed to connect shoppers with potential offers based on their financial needs and preferences.

The company's marketplace includes products such as mortgages and other home loans, personal loans, business loans, auto loans, credit cards, insurance and deposit accounts. LendingTree also provides educational content, comparison tools and financial guidance intended to help consumers evaluate borrowing, insurance and saving options.

Founded in 1996 by Doug Lebda, LendingTree is headquartered in Charlotte, North Carolina, and primarily serves consumers 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 contact@marketbeat.com.