LendingClub (LC)

• Market cap: $1.86B
• 1 day: 1.35%
• 5 days: -7.65%
• 1 month: -0.24%
• 3 months: 51.88%
• 6 months: 99.28%
• Year to date: 90.99%
• 1 year: 85.63%
• 5 years: 28.32%
• 10 years: -86.94%
• Sector: Financials
• Industry: Personal Credit Institutions

About: LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.

Employees: 1,025

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

428% more call options, than puts

Call options by funds: $19.9M | Put options by funds: $3.76M

45% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 56

44% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 27

34% more capital invested

Capital invested by funds: $719M [Q2] → $960M (+$241M) [Q3]

6% more funds holding

Funds holding: 196 [Q2] → 208 (+12) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

1.19% less ownership

Funds ownership: 76.5% [Q2] → 75.3% (-1.19%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 9% downside
• Avg. target: $17.33 5% upside
• High target: $19 15% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer 84% 1-year accuracy 16 / 19 met price target	3% upside $17	Outperform Maintained	4 Dec 2024
JP Morgan Reginald Smith 50% 1-year accuracy 13 / 26 met price target	3% upside $17	Neutral Downgraded	2 Dec 2024
Maxim Group Michael Diana 38% 1-year accuracy 3 / 8 met price target	15% upside $19	Buy Maintained	25 Oct 2024
Compass Point Giuliano Bologna 80% 1-year accuracy 8 / 10 met price target	15% upside $19	Buy Maintained	25 Oct 2024
Piper Sandler Brad Capuzzi 75% 1-year accuracy 3 / 4 met price target	9% downside $15	Overweight Reiterated	24 Oct 2024