LC Price Prediction Next Week
Analysis and Insights
To predict the stock price of LendingClub (LC) for the next trading week, we analyze both news sentiment and technical indicators.
News Sentiment Analysis:
- Insider Trading Activity: Jordan Cheng, General Counsel of LC, sold 7,000 shares, representing 7.3% of his holdings. This could indicate insider skepticism about short-term prospects.
- Institutional Investor Movements: Mixed sentiment among institutional investors, with 123 increasing positions and 131 reducing theirs, suggests uncertainty.
- CFPB Work Halted: The regulatory freeze could benefit financial institutions, potentially improving profitability for companies like LC.
- Earnings and Guidance: LC's Q4 earnings were mixed, with revenue beating expectations but earnings missing. Management's conservative guidance disappointed investors, leading to a 20% stock pullback.
Technical Indicators Analysis:
- RSI: The 14-day RSI is 39.14, indicating oversold conditions, which may signal a potential rebound.
- MACD: The MACD line (-0.74) is below the signal line (0.12), suggesting bearish momentum.
- SMA: The stock is below its 20-day ($10.97) and 50-day ($11.43) moving averages, indicating a downtrend.
- Fibonacci Levels: The stock is trading near the pivot point ($10.71), with resistance at $11.21 and $11.51, and support at $10.22 and $9.92.
Options Trading Insight:
- Put Contract: The $13.00 put contract has a 65% chance of expiring worthless, offering an 11.54% return on cash commitment.
- Call Contract: The $14.00 call contract has a 41% chance of expiring worthless, offering a 16.44% additional return if retained.
Price Prediction and Recommendation:
Based on the analysis, LC is likely to face resistance at $11.21 and $11.51. Given the bearish technical indicators and mixed news sentiment, the stock may struggle to break above $11.50 in the next trading week. The price is expected to hover around $11.50, with a potential dip to $10.71 if selling pressure increases.
Prediction: The stock price of LC is expected to trade between $10.71 and $11.51 next week, with a target price of $11.50.
Recommendation: Sell or avoid buying LC in the next trading week due to bearish technical indicators and mixed sentiment.
LC Similar Chart Price Prediction
The price of LC is predicted to go up 3.43%, based on the high correlation periods with ATGE. The similarity of these two price pattern on the periods is 98%.
LC
ATGE
Up: 3.43%Similarity: 98%
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LC Analyst's Forecast
Reginald Smith
JP Morgan
Hold
2025-03-10
Price Target
$17 → $14
Upside
+36.59%
JPMorgan lowered the firm's price target on LendingClub to $14 from $17 and keeps a Neutral rating on the shares. The firm updated the company's model to reflect the Q4 report. The Q4 results in the financial technology space were generally positive, as credit trends were stable and discretionary spend accelerated into January, but valuations across the group have reverted towards historic averages following a rate cut and election fueled rally to end the year, the analyst tells investors in a research note.
Brad Capuzzi
Piper Sandler
Buy
2025-01-03
Price Target
$15 → $20
Upside
+14.22%
Reginald Smith
JP Morgan
Buy → Hold
2024-12-02
Price Target
$14 → $17
Upside
+7.46%
