LendingClub (LC) Projected to Post Earnings on Tuesday

LendingClub (NYSE:LC) is expected to release its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect LendingClub to announce earnings of $0.43 per share and revenue of $262.2090 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

LendingClub (NYSE:LC) last announced its quarterly earnings data on Monday, April 27th. The credit services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The firm had revenue of $252.25 million for the quarter, compared to the consensus estimate of $249.10 million. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 earnings per share. On average, analysts expect LendingClub to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

LendingClub Price Performance

Shares of NYSE:LC opened at $19.21 on Tuesday. LendingClub has a 1 year low of $10.74 and a 1 year high of $21.67. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 12.89 and a beta of 1.98. The company’s 50 day simple moving average is $18.31 and its 200 day simple moving average is $17.12.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LC. Stephens restated an “overweight” rating and issued a $22.50 price target (up from $21.00) on shares of LendingClub in a research note on Tuesday, April 28th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of LendingClub in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.07.

Insider Activity

In other news, CFO Andrew Labenne sold 20,000 shares of LendingClub stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $17.00, for a total value of $340,000.00. Following the completion of the transaction, the chief financial officer directly owned 234,955 shares of the company’s stock, valued at approximately $3,994,235. This trade represents a 7.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jordan Cheng sold 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $17.46, for a total value of $96,030.00. Following the completion of the transaction, the general counsel directly owned 108,074 shares in the company, valued at approximately $1,886,972.04. This trade represents a 4.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 119,750 shares of company stock worth $2,183,691. 3.19% of the stock is owned by insiders.

Hedge Funds Weigh In On LendingClub

A number of hedge funds and other institutional investors have recently made changes to their positions in LC. Kestra Advisory Services LLC purchased a new stake in LendingClub in the 4th quarter worth about $44,000. Quarry LP increased its position in shares of LendingClub by 343.0% in the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock worth $46,000 after purchasing an additional 2,346 shares during the last quarter. Headlands Technologies LLC purchased a new stake in LendingClub during the second quarter valued at about $53,000. Advisory Services Network LLC purchased a new position in shares of LendingClub during the 3rd quarter valued at about $59,000. Finally, National Bank of Canada FI lifted its holdings in shares of LendingClub by 398.9% in the 3rd quarter. National Bank of Canada FI now owns 7,862 shares of the credit services provider’s stock worth $119,000 after acquiring an additional 6,286 shares during the last quarter. 74.08% of the stock is owned by hedge funds and other institutional investors.

LendingClub Company Profile

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.

Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.