LendingClub Stockholders Meeting Approves Key Proposals

LendingClub ( (LC) ) has provided an update.

On June 3, 2025, LendingClub Corporation held its annual meeting of stockholders, where several key proposals were voted on. The election of Class II directors was successful, and the advisory vote on executive compensation was approved. However, proposals to amend the company’s certificate of incorporation to phase in board declassification and remove supermajority voting requirements were not approved. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm was ratified.

The most recent analyst rating on (LC) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on LendingClub stock, see the LC Stock Forecast page.

Spark’s Take on LC Stock

According to Spark, TipRanks’ AI Analyst, LC is a Neutral.

LendingClub’s overall score reflects financial challenges and liquidity concerns, despite strong recent earnings performance and positive projections. Technical analysis indicates bearish momentum, while valuation appears reasonable. The earnings call provided some optimism, but increased credit loss provisions and economic uncertainties weigh heavily on the outlook.

To see Spark’s full report on LC stock, click here.

More about LendingClub

LendingClub Corporation operates in the financial services industry, primarily focusing on peer-to-peer lending and providing financial products and services to consumers and small businesses.

Average Trading Volume: 1,392,633

Technical Sentiment Signal: Sell

Current Market Cap: $1.19B

For a thorough assessment of LC stock, go to TipRanks’ Stock Analysis page.