Truist Financial Cuts LendingTree (NASDAQ:TREE) Price Target to $70.00

LendingTree (NASDAQ:TREE) had its price target lowered by Truist Financial from $78.00 to $70.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other research firms also recently issued reports on TREE. Zacks Research downgraded shares of LendingTree from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. assumed coverage on shares of LendingTree in a report on Tuesday, April 14th. They set an “overweight” rating and a $50.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and issued a $60.00 price target on shares of LendingTree in a research report on Friday, May 1st. Keefe, Bruyette & Woods dropped their price target on shares of LendingTree from $70.00 to $58.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Finally, Wall Street Zen downgraded shares of LendingTree from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.33.

LendingTree Trading Up 0.4%

LendingTree stock opened at $31.86 on Thursday. The business has a 50-day simple moving average of $40.11 and a two-hundred day simple moving average of $43.51. The company has a market cap of $444.45 million, a P/E ratio of 2.47 and a beta of 2.00. LendingTree has a 52-week low of $29.77 and a 52-week high of $77.35. The company has a quick ratio of 1.89, a current ratio of 1.85 and a debt-to-equity ratio of 1.20.

LendingTree (NASDAQ:TREE) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.11). LendingTree had a net margin of 14.33% and a return on equity of 14.57%. The business had revenue of $319.07 million for the quarter, compared to analysts’ expectations of $321.32 million. During the same period in the previous year, the company earned $0.99 EPS. LendingTree’s revenue for the quarter was up 36.5% compared to the same quarter last year. Analysts predict that LendingTree will post 3.64 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Moody National Bank Trust Division increased its holdings in LendingTree by 311.8% in the 2nd quarter. Moody National Bank Trust Division now owns 28,823 shares of the financial services provider’s stock worth $1,277,000 after acquiring an additional 21,823 shares in the last quarter. Bank of America Corp DE lifted its holdings in LendingTree by 54.5% during the first quarter. Bank of America Corp DE now owns 82,203 shares of the financial services provider’s stock valued at $3,525,000 after purchasing an additional 28,990 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in LendingTree by 350.8% during the first quarter. Quantinno Capital Management LP now owns 27,483 shares of the financial services provider’s stock valued at $1,178,000 after purchasing an additional 21,387 shares in the last quarter. Jacobs Asset Management LLC purchased a new position in LendingTree during the first quarter valued at approximately $643,000. Finally, Punch & Associates Investment Management Inc. boosted its position in shares of LendingTree by 37.8% in the first quarter. Punch & Associates Investment Management Inc. now owns 647,038 shares of the financial services provider’s stock worth $27,745,000 after purchasing an additional 177,391 shares during the period. 68.26% of the stock is currently owned by institutional investors.

More LendingTree News

Here are the key news stories impacting LendingTree this week:

• Positive Sentiment: Insurance remained a key growth driver, helping consolidated revenue increase 25% year over year. LendingTree also highlighted continued momentum in insurance and plans to expand its use of artificial intelligence across the marketplace. LendingTree Reports Second Quarter 2026 Results
• Positive Sentiment: Management outlined a goal of converting 45%–50% of variable marketing dollars into adjusted EBITDA and said it expects the small-business segment to recover after reaching a trough in the second quarter. LendingTree Outlines Adjusted EBITDA Goal
• Neutral Sentiment: Needham and Truist both maintained “buy” ratings, although they lowered their price targets to $45 and $70, respectively, reflecting greater near-term execution risk while still implying substantial long-term upside.
• Neutral Sentiment: Rising home-insurance rates in Washington may increase consumer demand for insurance comparisons, potentially benefiting LendingTree’s Insurance marketplace, but higher premiums could also pressure household affordability. Washington Home Insurance Rates Skyrocket
• Negative Sentiment: Second-quarter adjusted earnings were $0.68 per diluted share, below analyst expectations near $1.41–$1.46. Revenue of $313.4 million also missed estimates, while higher costs and weaker Consumer revenue weighed on profitability. TREE Stock Down as Q2 Earnings Miss
• Negative Sentiment: The small-business segment slumped significantly, prompting investors to reassess the pace of recovery. Management’s third-quarter revenue guidance of $325 million–$335 million was below the roughly $337 million consensus estimate, adding to concerns about near-term growth.
• Negative Sentiment: The combination of the earnings miss, increased expenses, weaker Consumer results and a lowered 2026 outlook is the primary reason for the recent decline in TREE shares.

About LendingTree

LendingTree, Inc operates an online marketplace that connects consumers with a network of lenders and financial service providers. Through its platform, borrowers can compare loan offers for mortgages, home equity loans, personal loans, student loans, auto loans and small business financing. The company also offers tools for comparing credit cards and deposit accounts, allowing users to research rates and terms from a range of providers in one place.

Founded in 1996 by Doug Lebda, LendingTree pioneered the comparison-shopping model for consumer credit products.