How Much Upside is Left in LendingClub (LC)? Wall Street Analysts Think 30.92%

Core Viewpoint - LendingClub (LC) has shown a significant price increase of 18.8% over the past four weeks, with a mean price target of $13 indicating a potential upside of 30.9% from the current price of $9.93 [1] Price Target Analysis - The mean estimate consists of 10 short-term price targets with a standard deviation of $1.35, suggesting a relatively high agreement among analysts [1] - The lowest estimate of $11 indicates a 10.8% increase, while the most optimistic target is $15, representing a 51.1% potential increase [1][4] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [5] - Over the last 30 days, six estimates have been revised upward, leading to a 41.4% increase in the Zacks Consensus Estimate for the current year [5] Zacks Rank - LC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [5] Caution on Price Targets - While price targets are a common tool for investors, they can often mislead, and reliance solely on them may not yield favorable returns [2][4] - A low standard deviation among price targets indicates a consensus among analysts, but it should not be the sole basis for investment decisions [4][6]