LendingTree (NASDAQ:TREE) Price Target Cut to $40.00 by Analysts at JPMorgan Chase & Co.

LendingTree (NASDAQ:TREE) had its price target cut by stock analysts at JPMorgan Chase & Co. from $48.00 to $40.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 3.86% from the stock’s previous close.

Several other research firms also recently commented on TREE. Needham & Company LLC dropped their target price on LendingTree from $60.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingTree in a research report on Monday, September 21st. Wall Street Zen cut shares of LendingTree from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Truist Financial dropped their price target on shares of LendingTree from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Northland Securities set a $60.00 price objective on shares of LendingTree in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $53.60.

LendingTree Stock Up 33.4%

Shares of TREE stock traded up $9.64 during trading hours on Wednesday, hitting $38.51. 1,318,316 shares of the company’s stock traded hands, compared to its average volume of 352,370. The stock’s fifty day simple moving average is $26.38 and its two-hundred day simple moving average is $37.98. LendingTree has a 12-month low of $23.50 and a 12-month high of $68.93. The stock has a market cap of $540.72 million, a price-to-earnings ratio of 3.00 and a beta of 1.99. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.20.

LendingTree (NASDAQ:TREE) last posted its quarterly earnings results on Tuesday, November 3rd. The financial services provider reported ($5.15) earnings per share for the quarter, missing the consensus estimate of $1.26 by ($6.41). LendingTree had a return on equity of 14.57% and a net margin of 14.33%. The company had revenue of $343.59 million during the quarter, compared to analysts’ expectations of $329.72 million. During the same quarter in the previous year, the company earned $1.70 EPS. The business’s quarterly revenue was up 11.6% on a year-over-year basis. On average, analysts expect that LendingTree will post 3.49 EPS for the current year.

Institutional Trading of LendingTree

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in shares of LendingTree in the second quarter worth $54,329,000. Jennison Associates LLC boosted its position in shares of LendingTree by 74.0% during the first quarter. Jennison Associates LLC now owns 1,020,211 shares of the financial services provider’s stock valued at $43,747,000 after buying an additional 434,038 shares during the last quarter. Punch & Associates Investment Management Inc. purchased a new stake in shares of LendingTree during the second quarter valued at $32,140,000. Dimensional Fund Advisors LP increased its holdings in LendingTree by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 277,414 shares of the financial services provider’s stock worth $11,895,000 after buying an additional 22,857 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in LendingTree by 33.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 274,366 shares of the financial services provider’s stock worth $11,765,000 after buying an additional 68,466 shares in the last quarter. Institutional investors own 68.26% of the company’s stock.

More LendingTree News

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.