Lendingclub (NASDAQ:HAPN) Issues FY 2026 Earnings Guidance

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.

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.

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.

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