La catena delle opzioni mostra i dati chiave delle opzioni azionarie di LendingClub a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per LendingClub..

LendingClub (NYSE:LC) Azioni, Catena delle Opzioni

LendingClub

LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.

LendingClub Corp

Landcadia Holdings IV Inc

L CATTERTON ASIA ACQUISITION CORP CL A ORD SHS

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LYCOS ENERGY INC by LYCOS ENERGY INC.

LENDINGCLUB ORD

In the current session, the stock is trading at $14.59, after a 0.27% spike. Over the past month, LendingClub Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) stock increased by 29.08%, and in the past year, by 143.19%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1730385009_0.png" alt="Past Year Chart" />

<h3>LendingClub P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 27.46 in the Consumer Finance industry, LendingClub Inc. has a higher P/E ratio of 38.29. Shareholders might be inclined to think that LendingClub Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1730385009_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

News

Intraday Update

Markets

A Look Into LendingClub Inc's Price Over Earnings

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Citigroup raised Eli Lilly and Company  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) price target from $1,060 to $1,250. Citigroup analyst Peter Verdult maintained a Buy rating. Eli Lilly shares closed at $891.32 on Thursday. See how other analysts view this stock.</li>
<li>RBC Capital cut the price target for Whirlpool Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHR#NYSE">WHR</a>) from $76 to $74. RBC Capital analyst Mike Dahl maintained an Underperform rating. Whirlpool shares closed at $110.37 on Thursday. <a href="https://www.benzinga.com/quote/WHR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Maxim Group raised the price target for LendingClub Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) from $16 to $19. Maxim Group analyst Michael Diana maintained a Buy rating. LendingClub shares closed at $13.82 on Thursday. <a href="https://www.benzinga.com/quote/LC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank raised Skechers U.S.A., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) price target from $83 to $84. Deutsche Bank analyst Krisztina Katai maintained a Buy rating. Skechers shares settled at $61.63 on Thursday. <a href="https://www.benzinga.com/quote/SKX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Raymond James cut Waste Connections, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WCN#NYSE">WCN</a>) price target from $208 to $205. Raymond James analyst Patrick Tyler Brown maintained a Strong Buy rating. Waste Connections shares closed at $178.56 on Thursday. <a href="https://www.benzinga.com/quote/WCN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan cut Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>) price target from $41 to $40. JP Morgan analyst Andrea Teixeira maintained an Overweight rating. Keurig Dr Pepper shares closed at $34.94 on Thursday. <a href="https://www.benzinga.com/quote/KDP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Cantor Fitzgerald cut the price target for Coursera, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>) from $22 to $10. Cantor Fitzgerald analyst Yi Fu Lee maintained an Overweight rating. Coursera shares settled at $7.62 on Thursday. <a href="https://www.benzinga.com/quote/COUR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel slashed Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) price target from $265 to $262. Stifel analyst Benjamin Nolan maintained a Buy rating. Union Pacific shares closed at $230.75 on Thursday. <a href="https://www.benzinga.com/quote/UNP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel cut the price target for The J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) from $135 to $125. Stifel analyst Matthew Smith downgraded the stock from Buy to Hold. Smucker shares closed at $117.04 on Thursday. <a href="https://www.benzinga.com/quote/SJM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler boosted Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $310 to $315. Piper Sandler analyst Alexander Potter maintained an Overweight rating. Tesla shares closed at $260.48 on Thursday. <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">See how other analysts view this stock</a>.</li>
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Maxim Group analyst Michael Diana maintains LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) with a Buy and raises the price target from $16 to $19.

Maxim Group Maintains Buy on LendingClub, Raises Price Target to $19

Compass Point analyst Giuliano Bologna maintains LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) with a Buy and raises the price target from $15 to $19.

Compass Point Maintains Buy on LendingClub, Raises Price Target to $19

U.S. stocks were mixed, with the Nasdaq Composite gaining around 100 points on Thursday.
Shares of United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) rose during Thursday's session after the company reported <a href="https://www.benzinga.com/news/earnings/24/10/41515619/delivery-giant-ups-breaks-revenue-miss-streak-after-10-quarters-stock-soars">better-than-expected quarterly EPS and sales.</a>
UPS reported consolidated revenue growth of 5.6% year-over-year to $22.2 billion, beating the consensus of $22.14 billion. Adjusted EPS was $1.76, up 12.1% YoY, above the consensus of $1.63.
United Parcel Service shares jumped 5% to $137.93 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) shares jumped 31.6% to $6.82 after the company said it has begun producing low volumes of its first B-sample cells and has begun shipping cells for automotive customer testing.</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) gained 22.8% to $337.89 after the company reported better-than-expected third-quarter financial results.</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>) climbed 20.7% to $345.82 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance above estimates. Also, the company increased its fourth-quarter dividend.</li>
<li>Viking Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) gained 18.7% to $71.65 after the company reported better-than-expected third-quarter EPS results.</li>
<li>LendingClub Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) gained 17.7% to $14.67 after the company reported better-than-expected third-quarter financial results.</li>
<li>American Coastal Insurance Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) surged 16.8% to $12.09 after the company provided updates on hurricane loss amounts and announced it expects a positive net income for the third quarter.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gained 16.5% to $248.93 following better-than-expected quarterly earnings.</li>
<li>Celestica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) climbed 15.6% to $66.48 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates.</li>
<li>Zai Lab Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) gained 15.2% to $33.33 after the company presented data from its ongoing Phase 1a/1b study of ZL-1310 for previously treated extensive-stage small cell lung cancer at the EORTC-NCI-AACR Symposium 2024.</li>
<li>Pegasystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) gained 14.2% to $79.66.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) surged 13.2% to $29.72 after the company announced it bagged a contract with the Space Development Agency as the prime contractor to the US Government.</li>
<li>ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) gained 11.2% to $7.70 after the company reported better-than-expected third-quarter financial results and issued FY24 adjusted EPS above estimates.</li>
<li>Whirlpool Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHR#NYSE">WHR</a>) rose 10% to $109.18 following a third-quarter EPS beat and guidance above consensus estimates.</li>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) rose 9.9% to $149.00 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 9.9% to $12.00 after Keybanc maintained an Overweight rating on the stock and raised its price target from $11 to $12.</li>
<li>CBRE Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NASDAQ">CBRE</a>) gained 9.7% to $135.12 after the company reported better-than-expected third-quarter financial results and raised its FY24 adjusted EPS guidance above estimates.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) rose 8.2% to $629.72 following upbeat quarterly earnings.</li>
<li>Labcorp Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LH#NYSE">LH</a>) gained 7.6% to $236.52 following strong quarterly earnings.</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) gained 7.5% to $377.11 following strong quarterly sales.</li>
<li>T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) gained 4.1% to $230.00 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance.</li>
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UPS Posts Upbeat Q3 Results, Joins Tesla, Celestica, Pool, T-Mobile And Other Big Stocks Moving Higher On Thursday

Piper Sandler analyst Brad Capuzzi reiterates LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) with a Overweight and raises the price target from $13 to $15.

Reiteration

Piper Sandler Reiterates Overweight on LendingClub, Raises Price Target to $15

Wedbush analyst David Chiaverini maintains LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) with a Outperform and raises the price target from $14 to $17.

Wedbush Maintains Outperform on LendingClub, Raises Price Target to $17

WIIM

LendingClub shares are trading higher after the company reported better-than-expected Q3 financial results.

LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) expects Loan originations of $1.8B to $1.9B and Pre-provision net revenue (PPNR) of $60M to $70M for Q4 2024.

Guidance

LendingClub expects Loan originations of $1.8B to $1.9B and Pre-provision net revenue (PPNR) of $60M to $70M for Q4 2024.

LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.07 by 85.71 percent. The company reported quarterly sales of $201.881 million which beat the analyst consensus estimate of $190.458 million by 6.00 percent. This is a 0.51 percent increase over sales of $200.849 million the same period last year.

Earnings

Earnings Beats

LendingClub Q3 2024 GAAP EPS $0.13 Beats $0.07 Estimate, Sales $201.881M Beat $190.458M Estimate

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$190.00</td>
<td>$42.2K</td>
<td>3.3K</td>
<td>6.9K</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$490.00</td>
<td>$49.3K</td>
<td>259</td>
<td>1.0K</td>
</tr>
<tr>
<td>YRD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$47.7K</td>
<td>893</td>
<td>555</td>
</tr>
<tr>
<td>LC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$12.00</td>
<td>$31.0K</td>
<td>9</td>
<td>198</td>
</tr>
<tr>
<td>STWD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.00</td>
<td>$38.2K</td>
<td>1.2K</td>
<td>150</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$77.50</td>
<td>$26.1K</td>
<td>96</td>
<td>138</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$230.00</td>
<td>$47.1K</td>
<td>1.0K</td>
<td>115</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$27.00</td>
<td>$60.1K</td>
<td>0</td>
<td>101</td>
</tr>
<tr>
<td>ERIE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$410.00</td>
<td>$30.4K</td>
<td>2</td>
<td>40</td>
</tr>
<tr>
<td>GPN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$110.00</td>
<td>$41.7K</td>
<td>11</td>
<td>26</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bearish, expiring in 2 day(s) on October 25, 2024. This event was a transfer of 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $211.0 per contract. There were 3391 open contracts at this strike prior to today, and today 6927 contract(s) were bought and sold. 
• Regarding GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we observe a put option sweep with bearish sentiment. It expires in 149 day(s) on March 21, 2025. Parties traded 25 contract(s) at a $490.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $1975.0 per contract. There were 259 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold. 
• Regarding YRD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>), we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on November 15, 2024. Parties traded 455 contract(s) at a $5.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $47.7K, with a price of $105.0 per contract. There were 893 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold. 
• For LC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>), we notice a call option sweep that happens to be bullish, expiring in 58 day(s) on December 20, 2024. This event was a transfer of 188 contract(s) at a $12.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $165.0 per contract. There were 9 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• For STWD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STWD#NYSE">STWD</a>), we notice a put option sweep that happens to be bullish, expiring in 450 day(s) on January 16, 2026. This event was a transfer of 150 contract(s) at a $20.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $255.0 per contract. There were 1221 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold. 
• Regarding SCHW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), we observe a call option trade with bullish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 48 contract(s) at a $77.50 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $545.0 per contract. There were 96 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a call option trade with bearish sentiment. It expires in 121 day(s) on February 21, 2025. Parties traded 50 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $943.0 per contract. There were 1081 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option sweep with bullish sentiment. It expires in 296 day(s) on August 15, 2025. Parties traded 101 contract(s) at a $27.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $595.0 per contract. There were 0 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding ERIE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), we observe a put option trade with bullish sentiment. It expires in 58 day(s) on December 20, 2024. Parties traded 40 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $760.0 per contract. There were 2 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold. 
• Regarding GPN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>), we observe a put option trade with bearish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 25 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $1670.0 per contract. There were 11 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

COIN

ERIE

HOOD

SCHW

STWD

10 Financials Stocks With Whale Alerts In Today's Session

LendingClub shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $11.5 to $15.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5841bdbfaae83900016b3c88/myles-walton">Wolfe Research analyst Myles Walton</a> upgraded L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) from Peer Perform to Outperform and announced a $300 price target. L3Harris shares gained 0.4% to close at $242.22 on Wednesday. <a href="https://www.benzinga.com/quote/LHX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods analyst Timothy Switzer upgraded the rating for LendingClub Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) from Market Perform to Outperform and raised the price target from $11.5 to $15. LendingClub shares gained 3.9% to close at $11.88 on Wednesday. <a href="https://www.benzinga.com/quote/LC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/655796fc7f07f10001c9da96/joseph-civello">Truist Securities analyst Joseph Civello</a> upgraded the rating for NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) from Hold to Buy and boosted the price target from $83 to $97. Nike gained 2.1% to settle at $82.45 on Wednesday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Katherine Griffin upgraded Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) from Underperform to Neutral and increased the price target from $63 to $90. Brinker shares fell 1.8% to close at $82.96 on Wednesday. <a href="https://www.benzinga.com/quote/EAT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Andrew Mok upgraded the rating for CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) from Equal-Weight to Overweight and increased the price target from $63 to $82. CVS Health shares gained 0.1% to close at $65.97 on Wednesday. <a href="https://www.benzinga.com/quote/CVS/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying NKE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="515" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10084641/image-76-1024x515.png" alt="" class="wp-image-589397" style="width:624px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10084641/image-76-1024x515.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10084641/image-76-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10084641/image-76-768x386.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10084641/image-76.png 1312w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41266054/s-p-settles-at-record-high-as-apple-amazon-shares-surge-investor-optimism-improves-ahead-of-inflati">S&amp;P Settles At Record High As Apple, Amazon Shares Surge: Investor Optimism Improves Ahead Of Inflation Data</a></li>
</ul>

Upgrades

Pre-Market Outlook

This Nike Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Morgan Stanley raised Netflix, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $780 to $820. Morgan Stanley analyst Benjamin Swinburne maintained an Overweight rating. Netflix shares gained 0.8% to close at $727.43 on Wednesday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keefe, Bruyette &amp; Woods raised the price target for LendingClub Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) from $11.5 to $15. Keefe, Bruyette &amp; Woods analyst Timothy Switzer upgraded the stock from Market Perform to Outperform. LendingClub shares gained 3.9% to close at $11.88 on Wednesday. <a href="https://www.benzinga.com/quote/LC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein raised the price target for PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) from $75 to $80. Bernstein analyst Harshita Rawat downgraded the stock from Outperform to Market Perform. PayPal shares gained 0.6% to close at $81.65 on Wednesday. <a href="https://www.benzinga.com/quote/PYPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs cut Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) price target from $515 to $500. Goldman Sachs analyst Kash Rangan maintained a Buy rating. Microsoft shares gained 0.7% to close at $417.46 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised ExlService Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXLS#NASDAQ">EXLS</a>) price target from $35 to $40. Baird analyst David Koning maintained a Neutral rating. ExlService shares gained 0.6% to close at $39.07 on Wednesday. <a href="https://www.benzinga.com/quote/EXLS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. cut Intrusion Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) price target from $1.5 to $1. HC Wainwright &amp; Co. analyst Scott Buck maintained a Neutral rating. Intrusion shares gained 3.8% to close at $0.9213 on Wednesday. <a href="https://www.benzinga.com/quote/INTZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler cut the price target for Braze, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) from $51 to $40. Piper Sandler analyst Brent Bracelin maintained an Overweight rating. Braze rose 0.1% to close at $30.01 on Wednesday. <a href="https://www.benzinga.com/quote/BRZE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham raised PAR Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) price target from $60 to $66. Needham analyst Mayank Tandon maintained a Buy rating. PAR Technology shares fell 1.1% to close at $56.05 on Wednesday. <a href="https://www.benzinga.com/quote/PAR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities raised the price target for NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) from $83 to $97. Truist Securities analyst Joseph Civello upgraded the stock from Hold to Buy. NIKE shares rose 2.1% to close at $82.45 on Wednesday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel boosted Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) price target from $925 to $935. Stifel analyst Mark Astrachan maintained a Buy rating. Costco shares rose 2.1% to close at $909.10 on Wednesday. <a href="https://www.benzinga.com/quote/COST/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying NFLX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="484" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10082824/image-75-1024x484.png" alt="" class="wp-image-589348" style="width:635px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10082824/image-75-1024x484.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10082824/image-75-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10082824/image-75-768x363.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/10082824/image-75.png 1422w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41266054/s-p-settles-at-record-high-as-apple-amazon-shares-surge-investor-optimism-improves-ahead-of-inflati">S&amp;P Settles At Record High As Apple, Amazon Shares Surge: Investor Optimism Improves Ahead Of Inflation Data</a></li>
</ul>

BRZE

COST

EXLS

INTZ

MSFT

NFLX

PYPL

Netflix To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Thursday

7 analysts have shared their evaluations of LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for LendingClub, revealing an average target of $13.5, a high estimate of $15.00, and a low estimate of $11.50. Surpassing the previous average price target of $11.21, the current average has increased by 20.43%.
<img src="https://www.benzinga.com/files/images/story/2024/1728561644_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of LendingClub by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Timothy Switzer</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$15.00</td>
<td>$11.50</td>
</tr>
<tr>
<td>Reginald Smith</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$14.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$14.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Brad Capuzzi</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Timothy Switzer</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$11.50</td>
<td>$10.00</td>
</tr>
<tr>
<td>Giuliano Bologna</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$15.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>John Hecht</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$12.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to LendingClub. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of LendingClub compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for LendingClub's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into LendingClub's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on LendingClub analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into LendingClub's Background</h2>
LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.
<h3>A Deep Dive into LendingClub's Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining LendingClub's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -19.46% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: LendingClub's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 7.96%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.17%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): LendingClub's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.16%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: LendingClub's debt-to-equity ratio is below the industry average at 0.03, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating 7 Analyst Ratings For LendingClub

Keefe, Bruyette &amp; Woods analyst Timothy Switzer upgrades LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) from Market Perform to Outperform and raises the price target from $11.5 to $15.

Keefe, Bruyette & Woods Upgrades LendingClub to Outperform, Raises Price Target to $15

LendingClub to leverage Tally's credit management solutions to benefit the bank's 5 million members
Pagaya adds Tally's B2B credit management solution to its product suite offering for its over 30 lending partners

LendingClub & Pagaya Acquire Tally Technologies Assets; Terms Not Disclosed

<h3 class="wp-block-heading">China Brings Out The Big Guns&nbsp;</h3>
As ZeroHedge reported on Thursday, &#8220;<a href="https://www.zerohedge.com/markets/chinas-bazooka-moment-arrives-here-are-3-most-important-message-xis-shock-and-awe-politburo">China&#8217;s Bazooka Moment</a>&#8221; has arrived. China&#8217;s expanded stimulus measures include:&nbsp;
<ul>
<li>A September politburo meeting focused on economic measures. According to&nbsp;Goldman strategist Lu Sun, economics is rarely the focus of a September meeting, so this is extraordinary.&nbsp;</li>
<li>China issuing&nbsp;¥2 trillion in government bonds (equivalent to 1.7% of its GDP), with half of those proceeds earmarked for consumption-related subsidies.&nbsp;</li>
<li>China injecting&nbsp;¥1 trillion into state-owned backs to boost their Tier-1 capital.&nbsp;</li>
</ul>
In light of that, here are four bets on China we&#8217;ve placed in the Portfolio Armor trading Substack, starting with a brief update on the one I mentioned here earlier this week.&nbsp;
<h3 class="wp-block-heading">Four Trades That Could Benefit From China&#8217;s Bazooka Moment</h3>
Qifu Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>). This is essentially the Chinese version of Lending Club (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>). Our trade here was buying the $25 strike calls on QFIN expiring on January 17th for $2. Those were trading for $4.70 as of Thursday&#8217;s close, so you might want to go a little further out of the money if you are buying now. 
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-chinese-fintech"><img loading="lazy" decoding="async" width="833" height="732" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231452/Trade-Alert-1.jpg" alt="" class="wp-image-1515" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231452/Trade-Alert-1.jpg 833w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231452/Trade-Alert-1-300x264.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231452/Trade-Alert-1-768x675.jpg 768w" sizes="(max-width: 833px) 100vw, 833px" /></a></figure>
X Financial&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYF#NYSE">XYF</a>). Like QFIN, X offers a peer-to-peer lending platform in China, but X also offers other consumer financial products such as insurance. We bought the underlying shares on this one at $3.95 earlier this year. It closed at $5.45 on Thursday, but probably still has more room to run with the stimulus tailwind.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-china-update"><img loading="lazy" decoding="async" width="826" height="775" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231700/Trade-Alert-2.jpg" alt="" class="wp-image-1516" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231700/Trade-Alert-2.jpg 826w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231700/Trade-Alert-2-300x281.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26231700/Trade-Alert-2-768x721.jpg 768w" sizes="(max-width: 826px) 100vw, 826px" /></a></figure>
Hello Group Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>). This is a profitable Chinese social media company, which includes a dating app similar to those of&nbsp;America&#8217;s Match Group, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>).&nbsp;It also has non-dating apps related to karaoke, etc. This might be the deepest value of the names mentioned here so far, as it currently trades at 0.83x tangible book. Our trade here was buying the $7 strike calls expiring on January 17th for $0.70. Those were trading at $0.85 as of Thursday&#8217;s close.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-aee"><img loading="lazy" decoding="async" width="833" height="736" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232014/Trade-Alert-3.jpg" alt="" class="wp-image-1517" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232014/Trade-Alert-3.jpg 833w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232014/Trade-Alert-3-300x265.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232014/Trade-Alert-3-768x679.jpg 768w" sizes="(max-width: 833px) 100vw, 833px" /></a></figure>
PDD Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>). This Chinese company combines elements of America&#8217;s&nbsp;Amazon.com, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and&nbsp;Groupon, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>). Our trade here was buying a $140-$145 call spread expiring on December 20th for $1.60. As of Thursday&#8217;s close, the midpoint on that spread was $1.10. To be honest, I had mentally written off this trade after the company&#8217;s weak guidance last quarter, but it spiked 13.57% on Thursday. Despite that, it still looks cheap, with a valuation rating of 9 (out of 10) according to&nbsp;<a href="https://www.chartmill.com/stock/quote/PDD/fundamental-analysis?a=221937">Chartmill</a>.&nbsp;

<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-when-others-are-fearful"><img loading="lazy" decoding="async" width="828" height="730" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232300/PDD.jpg" alt="" class="wp-image-1518" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232300/PDD.jpg 828w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232300/PDD-300x264.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232300/PDD-768x677.jpg 768w" sizes="(max-width: 828px) 100vw, 828px" /></a></figure>
<h3 class="wp-block-heading">What Happens When The Effects Of China&#8217;s Stimulus End? </h3>
Each of those names should benefit at least as long as the tailwind from China&#8217;s stimulus measures lasts.&nbsp;
If you think ZeroHedge&#8217;s prediction below is correct, consider exiting after PDD&#8217;s earnings in two months.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The half-life of this intervention will be 2-3 months, then markets will realize China is not stimulating demand. Then we see new decade lows, then China goes all in with $2TN+ fiscal bazooka <a href="https://t.co/hmCFY1dV7I">https://t.co/hmCFY1dV7I</a>
&mdash; zerohedge (@zerohedge) <a href="https://twitter.com/zerohedge/status/1838560366667714912?ref_src=twsrc%5Etfw">September 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
If you&#8217;d like a heads up when we place our next trade, feel free to subscribe to my trading Substack/occasional email list below.&nbsp;
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and&nbsp;create hedged portfolios&nbsp;on&nbsp;<a href="https://portfolioarmor.com/">our website</a>.&nbsp;You can also follow Portfolio Armor on X&nbsp;<a href="https://twitter.com/portfolioarmor">here</a>, or become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232450/Widget-3.jpg" alt="" class="wp-image-1519" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232450/Widget-3.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26232450/Widget-3-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>
And you can hedge your long positions using our&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">optimal hedging app</a>.&nbsp;

Asia

General

AMZN

GRPN

MOMO

MTCH

Citigourp Global Markets 2% Protected Notes Linked To The Djia

QFIN

Betting On China As It Brings Out The Big Guns

<h3 class="wp-block-heading">China Panics, Moves To Prop Up Stocks</h3>
As ZeroHedge&nbsp;<a href="https://www.zerohedge.com/markets/china-panics-cuts-multiple-rates-and-reserve-ratio-requirements-goes-all-prop-stocks">reported</a>&nbsp;yesterday, the People&#8217;s Bank of China announced a number of extraordinary measures designed to both stimulate the Chinese economy and prop up Chinese stocks:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">&nbsp;PBoC Governor Pan Gongsheng unleashed what Bloomberg called a &#8220;stimulus blitz&#8221;, and what we call &#8220;sheer panic&#8221;, when he announced a bevy of stimulus measures to prop up the sinking economy and crashing stock market. Among these:
<ul>
<li>The PBOC will reduce the 7-day reverse repo rate by 20bps.</li>
<li>The PBOC will cut the reserve requirement ratio by 0.5%,&nbsp;a move that will free up1 trillion yuan ($142 billion) in liquidity, Pan said.
<ul>
<li>China may also cut the RRR further this year by another 0.25 to 0.5% at the appropriate time.</li>
</ul>
</li>
<li>The PBOC will cut the 1 Year MLF rate by 30bps</li>
<li>The PBOC will also lower the rates for existing mortgages and cut the down payment ratio on second homes to 15% from 25%.</li>
<li>The deposit rate will be lowered to &#8220;neutralize&#8221; the impact on bank margins.</li>
</ul>
"Monetary policy easing come bolder than expected, with both rate cuts and RRR cuts announcing at the same time," said&nbsp;Becky Liu, head of China macro strategy at Standard Chartered Plc.&nbsp;"We see room for bolder easing ahead in the coming quarters, following the Fed's outsized rate cuts."
</blockquote>
On top of that, the PBoC intends to provide a half a trillion yuan in liquidity support to Chinese stocks.
A stock we placed a bet on earlier this month should be positioned to benefit from it.&nbsp;
<h3 class="wp-block-heading">The Chinese Lending Club&nbsp;</h3>
The company is&nbsp;Qifu Technology, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>), which is essentially a Chinese version of America&#8217;s&nbsp;Lending Club Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>). Like Lending Club, Qifu Technology:
<ul>
<li>Facilitates loans between consumers and financial institutions,&nbsp;</li>
<li>Utilizes big data and artificial intelligence to assess credit risk and offer personalized financial products,&nbsp;</li>
<li>And focuses on the consumer credit market.&nbsp;</li>
</ul>
One would think all of those activities would get a tailwind from China&#8217;s new stimulus.&nbsp;
<h3 class="wp-block-heading">An Attractive Stock Even Before This Stimulus Was Announced</h3>
In the Portfolio Armor trading Substack, we placed a bet on QFIN earlier this month, before this stimulus was announced. We did so based on the stock&#8217;s strong technicals and fundamentals.&nbsp;
<figure class="wp-block-image size-large"><a href="https://portfolioarmor.substack.com/p/trade-alert-chinese-fintech"><img loading="lazy" decoding="async" width="1024" height="583" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125015/China-Image-1-1024x583.jpg" alt="" class="wp-image-1424" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125015/China-Image-1-1024x583.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125015/China-Image-1-300x171.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125015/China-Image-1-768x437.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125015/China-Image-1.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
As I wrote there,&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">This stock had been on my watch list for a while, and the one piece I was waiting for—price consolidation, as indicated by its&nbsp;<a href="https://www.chartmill.com/home?a=221937">Chartmill</a>&nbsp;set-up rating—has fallen into place. The stock beat on both top and bottom lines when it reported last quarter, and here are some of its current metrics:
<ul>
<li>Technical rating: 10</li>
<li>Set-up rating: 8</li>
<li>Fundamental rating: 7</li>
<li>Profitability rating: 8</li>
<li>Health rating: 7</li>
<li>Growth rating: 7</li>
<li>Valuation rating: 8</li>
</ul>
On top of that, it even pays a dividend of close to 5% annually. Not that we're going to be holding the underlying stock here, but if it's paying its shareholders money, that inspires a bit more confidence in the fundamentals.
The options market expects a move of about 12% in either direction when this stock reports in November. Our bet here is that that movement is going to be to the upside, and if we're right, we could make a triple-digit gain.
</blockquote>
Our trade there was buying the $25 strike calls on QFIN expiring on January 17th, for $2 each. Those were trading for about $2.25 as of yesterday&#8217;s close. It&#8217;s probably still a good entry price given the new tailwinds from the PBoC.&nbsp;
I&#8217;m going to look for other Chinese names that may be worth adding here. If you&#8217;d like a heads up when my subscribers and I place a trade on one of those, feel free to subscribe to our trading Substack/occasional email list below.&nbsp;
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and&nbsp;create hedged portfolios&nbsp;on&nbsp;<a href="https://portfolioarmor.com/">our website</a>.&nbsp;You can also follow Portfolio Armor on X&nbsp;<a href="https://twitter.com/portfolioarmor">here</a>, or become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125910/Widget-2.jpg" alt="" class="wp-image-1426" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125910/Widget-2.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24125910/Widget-2-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>
And you can hedge your long positions using our&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">optimal hedging app</a>.&nbsp;

Taking Advantage Of China's New Stimulus Measures

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