Lendingclub (NASDAQ:HAPN – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 1.800-1.900 for the period, compared to the consensus earnings per share estimate of 1.740. The company issued revenue guidance of -. Lendingclub also updated its Q3 2026 guidance to 0.430-0.480 EPS.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on HAPN shares. Weiss Ratings started coverage on shares of Lendingclub in a report on Thursday, June 25th. They issued a “hold (c+)” rating on the stock. BTIG Research boosted their target price on Lendingclub from $20.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $25.00.
Get Our Latest Stock Report on HAPN
Lendingclub Trading Up 3.8%
Lendingclub (NASDAQ:HAPN – Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.08. Lendingclub had a net margin of 16.99% and a return on equity of 11.92%. The business had revenue of $262.86 million during the quarter. Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. As a group, sell-side analysts forecast that Lendingclub will post 1.75 EPS for the current fiscal year.
Insider Activity
In related news, CEO Scott Sanborn sold 25,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $21.00, for a total value of $525,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,536,063 shares in the company, valued at approximately $32,257,323. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Fergal Stack sold 50,000 shares of the stock in a transaction on 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 in the company, valued at approximately $3,256,066.77. This represents a 24.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 109,250 shares of company stock worth $2,241,312. 3.31% of the stock is currently owned by corporate insiders.
About Lendingclub
I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.
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