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HAPNHappen, Inc. Common Stock
$15.96$1.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
HAPN logo

Happen, Inc. Common Stock

HAPN
NASDAQ
$15.96
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.84B
P/E8.9x
52W High$21.67
Volume1.7M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Earnings Spike Masks Credit Quality Concerns

LendingClub's 2026Q2 earnings surge to $58.1M net income and $0.50 EPS, driven by a one-time fee event that lifted non-interest income to $268.9M (100% of revenue), suggests a potential inflection point but raises sustainability concerns.

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

HAPN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-39% Peers

P/E is 39% below peer median

03

Market leadership

RS 60 · Avg

Average momentum (RS Rating: 60)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Jul 27

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
HAPN+4.34%
S&P 500 (^GSPC)+7.63%
1-Year Return
HAPN+10.83%
S&P 500 (^GSPC)+9.69%
3-Year Return
HAPN+248.17%
S&P 500 (^GSPC)+68.76%
5-Year Return
HAPN-56.22%
S&P 500 (^GSPC)+56.80%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
8.9x
Forward P/E
11.4x
EV/EBITDA25th %ile
2.9x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.9x
24.3x
20th· Low
EV/EBITDA
2.9x
7.7x
25th· Low
Price/FCF
N/A
12.0x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$8.08-49.4%
Base (Fair)$11.76-41.1%
Bull$11.12-30.3%
$8.08 Bear$11.76 Base$11.12 Bull
Current Market Price: $15.96
Trades at a 35.7% premium to Base DCF ($11.76)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.33B+15.0% YoY
Net income FY25
$136M+164.3% YoY
Free cash flow FY25
-$2.87B-6.7% YoY
Operating margin FY25
25%+19.4 pts YoY
ROIC (FY25)49.3%
Avg ROIC 5Y23.7%
ROE (TTM)13.6%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026Latest
Apr 27, 2026
$0.44+15.8%
vs $0.38
$252M+1.3%
vs $249M
Q1 2026
Jan 28, 2026
$0.35+12.9%
vs $0.31
$266M+1.7%
vs $262M
Q4 2025
Oct 22, 2025
$0.37+21.9%
vs $0.30
$350M+36.4%
vs $256M
Q3 2025
Jul 29, 2025
$0.33+120.0%
vs $0.15
$331M+27.9%
vs $259M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

3 Stories
MarketBeat·Oct 28, 2026
What LendingClub (LC) Said on Its Q3 Earnings Call

Happen Inc. reported record third-quarter earnings as loan originations, net interest income and deposits increased, while management said the company's new Happen Bank brand, credit performance and use of artificial intelligence supported operating efficiency.

Defense World·Sep 10, 2026
Comparing LendingClub (NYSE:LC) and Lendingclub (NASDAQ:HAPN)

Lendingclub (NASDAQ: HAPN - Get Free Report) and LendingClub (NYSE: LC - Get Free Report) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership. Analyst Ratings This is a summary of recent recommendations

Defense World·Sep 2, 2026
Head-To-Head Survey: LendingClub (NYSE:LC) versus Jiayin Group (NASDAQ:JFIN)

Jiayin Group (NASDAQ: JFIN - Get Free Report) and LendingClub (NYSE: LC - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, dividends, analyst recommendations and risk. Earnings and Valuation This table compares Jiayin Group and

Filtered for Happen, Inc. Common StockMore Headlines
04

Compare before deciding

Benchmark HAPN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Happen, Inc. Common Stock (HAPN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HAPN logoHAPNHappen, Inc. Common StockCurrent
$15.96$1.84B8.9114.97%15.88%13.62%—
SOFI logoSOFISoFi Technologies, Inc.
$16.21$20.79B29.8338.32%15.6%6.76%—
UPST logoUPSTUpstart Holdings, Inc.
$21.89$2.1B42.1762.84%4.93%8.1%—
PFSI logoPFSIPennyMac Financial Services, Inc.
$65.59$3.41B14.5255.29%5.44%5.54%1.77%
ATLC logoATLCAtlanticus Holdings Corporation
$91.23$1.38B7.8234.47%12.72%31.24%0.71%
OMF logoOMFOneMain Holdings, Inc.
$56.09$6.48B8.459.54%14.72%22.64%4.62%

Compare HAPN vs Peers

Happen, Inc. Common Stock (HAPN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SOFI

Most directly comparable listed peer for HAPN.

Scale Benchmark

vs HOOD

Larger-name benchmark to compare HAPN against a more recognizable public peer.

Peer Set

Compare Top 5

vs SOFI, UPST, PFSI, ATLC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

HAPN SEC Filings & Documents

Happen, Inc. Common Stock (HAPN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 28, 2026·SEC

Material company update

Jul 27, 2026·SEC

Material company update

Jun 22, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 13, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

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HAPN Frequently Asked Questions

Happen, Inc. Common Stock (HAPN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Happen, Inc. Common Stock's revenue?

Happen, Inc. Common Stock (HAPN) reported $1.33B in revenue over the trailing twelve months. Revenue was $1.33B in fiscal year 2025. That is 12821% more than the $10.3M of fiscal year 2011.

How fast is Happen, Inc. Common Stock growing?

Happen, Inc. Common Stock (HAPN) grew revenue by 2.3% over the trailing twelve months, compared with the twelve months before.

Is HAPN profitable?

Yes. Happen, Inc. Common Stock (HAPN) earned $210.6M in net income over the trailing twelve months (a 15.9% net margin).

Dividend & Returns
What is HAPN's return on equity?

Happen, Inc. Common Stock (HAPN) had a return on equity (ROE) of 13.6% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is Happen, Inc. Common Stock's free cash flow?

Happen, Inc. Common Stock (HAPN) had negative free cash flow of $2.87B over the trailing twelve months.

What if you invested $1,000 in HAPN back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →