IB Net Payout Yields Model

Invest like me - only at Covestor.com

LendingClub: New Cycle Highs With A Hint Of Disappointment

By -

Update - Nov. 11, 2025

At the recent Investor Day, LendingClub outlined a medium term path to boost total loan originations to ~$20 billion. The fintech would finally top the prior peak levels and double current originations. 


The stock is cheap at 12x '26 EPS targets. LendingClub has the opportunity to push financials and the stock if far higher levels. The biggest concern is that the company doesn't move fast enough. 

  • Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios. Learn More »

Original article posted on Oct. 27

  • LendingClub delivered another strong quarter, beating Q3'25 estimates and driving shares to multi-year highs.
  • LC's loan originations remain below bullish expectations, but a $1 billion BlackRock financing deal and higher marketing spend could drive future growth.
  • The stock now trades at 1.5x tangible book value, but LendingClub is still cheap at only 12x 2026 EPS targets that appear conservative.
LendingClub Corporation (LC) reported another strong quarter sending the stock to multi-year highs. The online lending platform still hasn't reached the lofty expectations due to constrained marketing. My investment thesis remains Bullish on the stock, though LendingClub is no longer the huge bargain trading below tangible book value anymore.


Read the full article on Seeking Alpha. 

Disclosure: Long LC. Please review the disclaimer page for more details. 

Comments

Post a Comment

Popular posts from this blog

Stat of the Day: VXO hits 45 again

By -
Not hardly a week removed from hitting 45 on 9/18/08 and the market is back to this extreme level. Usually hitting the 40 level has historically been a huge buy signal for at least the next 4-6 months. Below are the times that 40 has been hit and only 2 times did it exceed 45 in the prior 20+ years until this month. Guess time will tell if this one leads to a huge rally. Date High 10/19/1987 152.48 8/24/1990 40.01 10/27/1997 40.04 8/27/1998 41.46 4/14/2000 41.53 3/22/2001 41.99 9/17/2001 47.7 7/11/2002 41.64 9/18/2008 45.81
Read more

Nextdoor: Next Step Up

By -
Image
Update - Feb. 28, 2025 Nextdoor reported another strong quarter.  Q4 Revenue of $65.23M (+17.4% Y/Y)  beats by $2.11M . Adjusted EBITDA was $3.0 million, compared to a $14.0 million loss in the year-ago period, reflecting 30 percentage points of year-over-year margin improvement. The social media company guided to weak Q1 results due to going full speed ahead with the NEXT UI updates. This is great news for  investors, but the stock is down some 30% due to the markets short-term focus.  The stock trades at near cash value of $427 million.  Originally posted on Nov. 8 Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Nextdoor has achieved a significant turnaround under the return of founding CEO Nirav Tolia, with 17% revenue growth and record WAUs. The company nearly eliminated losses, reporting a Q3 adjusted EBITDA loss of just $1 million, and expects to be cas...
Read more

Hims & Hers Health: The Market Is Likely Wrong

By -
Image
Updated - Feb. 21, 2025 Hims & Hers Health isn't reliant on GLP-1 shortages. Not sure why news reports keep making this false claim, but the stock is down 20% today on the FDA ending the semagultide shortage status.  -The U.S. FDA announced Friday that it would refrain from penalizing makers of compounded versions of Novo Nordisk’s (NVO) weight loss/obesity drugs for two more months as supply conditions for the GLP-1s improve after an official end to their shortage. -Earlier in the day, the agency declared that the nationwide shortage of the highly popular GLP-1s, collectively known as semaglutide, is resolved after nearly three years. -“The FDA confirmed with the drug’s manufacturer that their stated product availability and manufacturing capacity can meet the present and projected national demand,” the regulator said. -Hims & Hers (NYSE:HIMS), which made compounded versions of semaglutide amid the shortage, lost billions of dollars in market cap in reaction as the telehea...
Read more