Out Fox The $treet

Update - March 28, 2025 LendingClub with an interesting re-test of $10. The economy has to slump into a recession to warrant even this price, which is below TBV.  Original article posted on Jan. 30 LendingClub disappointed the market with conservative guidance for 2025. The fintech's potential remains high, with plans to double loan originations over time and expand into new investment products, including a rated structured certificate program. LC stock is attractive at less than 10x peak earnings potential, but patience is required for full growth realization. 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 » LendingClub Corporation  ( NYSE: LC ) is under pressure after 2025 guidance failed to impress. The online lending platform guided to solid growth for the next year, but the company isn't expanding business as aggressively as desired  by the market. My  investm...

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - Jan. 25 LendingClub reports after the close with focus on 2023 with the pre-announcement: -The consensus EPS Estimate is $0.22 -The consensus Revenue Estimate is $258.37M (-1.5% Y/Y). Original article was posted on Jan. 14 LendingClub reported preliminary Q4'22 numbers right on estimates. The fintech reported disappointing loan originations to impact '23 numbers leading to an opportunistic workforce reduction of 14%. The stock is cheap trading below TBV and at just 6x EPS targets for '22. The current tough macroeconomic backdrop makes analyzing most equities very difficult. In the case of  LendingClub  ( NYSE: LC ), the fintech faces a hiccup in investor demand due to the rapidly rising interest rate environment impacting financing costs. My  investment thesis  remains ultra Bullish on the stock trading below $10 due to the norm...

  LendingClub has fallen back to mid-2021 levels despite boosting expectations dramatically in the last year. The fintech is only now working on expanding beyond a digital marketplace focused mostly on credit card refinancing. The stock is cheap with an EV of $1 billion while conservative net income is targeted at $140 million. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » Despite great earnings reports,  LendingClub  ( NYSE: LC ) has pulled back to mid-2021 levels before some big earnings beats. The fintech is a far different business now with the digital banking license creating the opportunity  for an expanding banking marketplace. My  investment thesis  remains ultra-Bullish on the stock with the dip back below $20. Read the full article on Seeking Alpha.  Disclosure: Long LC. Please review the disclaimer page for more details.  Update - Apr. 27 The market didn't w...

LendingClub trades near the yearly lows despite generating substantial EBITDA improvements. The company has moved 48% of the direct and indirect workforce outside of San Francisco to substantially reduce costs. The stock trades at ~3x EV/EBITDA estimates for 2019. LendingClub  ( LC ) still fails to get any respect from the stock market. The company grew adjusted EBITDA by over 40% in the last quarter and the market just yawned. My  investment thesis  remains very bullish despite the stock not moving on very positive numbers questioning what catalyst will ever move the stock higher. Read the full article at Seeking Alpha.  Disclosure: Long LC. Please review the disclaimer page for more details. 

LendingClub (LC) is up 10% in a tough tape, but the stock should be soaring 20% or 30% or 40% on the Q2 numbers. Record loan originations of $3.1 billion Record net revenue of $190.8 million Record adjusted EBITDA of $33.2 million  Even the guidance was strong: Reaffirms 2019 net revenue forecast of $765M-$795M 2019 adjusted net loss of $5M-$20M vs prior range of $9M-$29M. Q3 net revenue of $200M-$210M; consensus estimate of $204.7M Q3 adjusted net income of $0M-$5M The fintech has $670 million in cash and financial assets with a market cap of only $1.2 billion. The stock should trade at multiples of the current stock price.  More commentary - Out Fox The $treet - August 7, 2019 Disclosure: Long LC. Please review the disclaimer page for more details. 

LendingClub announced the reverse split will be effective when the stock opens for trading on July 8. Historically, reverse splits are bad for shareholders with stocks underperforming the market by a wide margin. The stock remains perplexingly cheap at an EV/S multiple of 1x and EV/EBITA of 6.5x. Use any reverse split-related weakness to own LendingClub. For multiple reasons, reverse splits don't typically work out well for shareholders. The news that  LendingClub  ( LC ) is pursuing a  1-for-5 reverse split  followed a 10% gain during the trading day. Investors shouldn't necessarily stray away from the fintech on this news due to the  perplexing value  in the stock. Read the full article on Seeking Alpha.  More commentary on WhoTrades   Disclosure: Long LC. Please review the disclaimer page for more details. 

After the close on Tuesday, LendingClub (LC) reported results that again disappointed the market. The stock is down about 7% to $3.35 providing an incredible value assuming the management team ever figures out how to impress the market with 20% growth.

LendingClub reported another quarter of records. The stock still trades at the lows follow the scandal around the former CEO when the business was at risk. Even a $7 price target offers a very low FY20 EV/EBITDA target. After yet another earnings report,  LendingClub  (NYSE: LC ) is trading in the $3.50 range following a quarter where key growth metrics grew at a 20% annual clip. My  investment thesis  remains solidly on track as the online lending platform with nearly $800 million of cash and loans held for sale is constantly ignored by the market. The perplexing value won't last as the fintech continues to survive and thrive in a rising interest rate environment. Read the full article on Seeking Alpha. 

LendingClub plunged following disappointing Q4 guidance. Most of the impacts are short-term adjustments to the credit model or temporary market conditions. The fintech guided to record revenues for Q4 and expects further growth in 2018. LendingClub  ( LC ) plunged 16% in the first day of trading following  Q3 results after taking a hit leading into earnings. Despite record revenues, the market was highly displeased with projections even considering a highly attractive valuation. Read the full article on Seeking Alpha.  Disclosure: Long LC. Please review the disclaimer page for more details. 

Trump hasn't even taken office yet and the Federal regulators are already proposing regulations that will make it more efficient for FinTechs to operate. The Office of the Comptroller of the Currency proposed allowing FinTech firms to obtain a national bank charter.