LendingClub Corporation (LC)
NYSE: LC · IEX Real-Time Price · USD
7.94
-0.25 (-3.05%)
Apr 25, 2024, 10:00 AM EDT - Market open
LendingClub Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for LendingClub stock have an average target of 10.88, with a low estimate of 8.00 and a high estimate of 13.5. The average target predicts an increase of 37.03% from the current stock price of 7.94.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 31, 2024.
Analyst Ratings
The average analyst rating for LendingClub stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $11 | Buy | Reiterates | $11 | +38.54% | Jan 31, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $8 | Buy | Initiates | $8 | +0.76% | Nov 28, 2023 |
| Wedbush | Wedbush | Buy Maintains $9 → $7 | Buy | Maintains | $9 → $7 | -11.84% | Oct 26, 2023 |
| Wedbush | Wedbush | Buy Maintains $9 | Buy | Maintains | $9 | +13.35% | Oct 13, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +38.54% | Aug 22, 2023 |
Financial Forecast
Revenue This Year
736.73M
from 864.62M
Decreased by -14.79%
Revenue Next Year
917.89M
from 736.73M
Increased by 24.59%
EPS This Year
0.24
from 0.36
Decreased by -33.27%
EPS Next Year
0.76
from 0.24
Increased by 215.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 809.1M | 1.0B | 1.0B |
| Avg | 736.7M | 917.9M | 978.5M |
| Low | 635.6M | 779.5M | 916.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.4% | 42.3% | 10.4% |
| Avg | -14.8% | 24.6% | 6.6% |
| Low | -26.5% | 5.8% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.41 | 1.35 | 1.05 |
| Avg | 0.24 | 0.76 | 0.76 |
| Low | 0.08 | 0.20 | 0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.8% | 463.9% | 38.4% |
| Avg | -33.3% | 215.7% | -0.2% |
| Low | -78.2% | -18.4% | -39.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.