BTIG Reiterates Buy Rating on Happen, Inc. (HAPN)
BTIG maintains its buy rating for Happen, Inc. with a $25 price target, a 20.54% upside from the current price.
Key Points
- BTIG reiterated a buy rating for Happen, Inc. (HAPN) on June 30, 2026, with a price target of $25.
- BTIG's $25 price target implies 20.54% upside from Happen, Inc.'s ($HAPN) current $20.74 share price.
- Happen, Inc. shares traded at $20.46 on Tuesday, with a market cap of about $2.32 billion and a P/E ratio of 13.4.
- CEO Scott Sanborn sold 28,750 shares on June 24, 2026, as part of a planned transaction.
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BTIG reiterated its buy rating for Happen, Inc. (NasdaqGS: HAPN) on June 30, 2026. The firm, represented by analyst Vincent Caintic, set a price target of $25 for the stock. On Tuesday, shares of Happen, Inc. traded near $20.46.
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Happen, Inc. Stock Up 15.9%
Shares of Happen, Inc. traded at $20.46 on Tuesday. The company, which operates in the financial services sector, has a market cap of approximately $2.32 billion. Its price-to-earnings (P/E) ratio stands at 13.4, with a forward P/E of 8.74. The stock's beta is 1.974, indicating higher volatility compared to the market. Over the past year, the stock has ranged from a low of $11.75 to a high of $21.67. The 50-day moving average is $17.28, and the 200-day moving average is $17.10. Happen, Inc. maintains a strong financial position with a current ratio of 2.76 and a quick ratio of 1.93, while its debt-to-equity ratio is 0.82.
$HAPN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its latest earnings report, Happen, Inc. recorded revenue of $1.37 billion, reflecting a growth rate of 12.5%. The company's earnings per share (EPS) were $1.50, with a net margin of 12.8% and a return on equity (ROE) of 12.2%. Investors can look forward to the next earnings release scheduled for July 28, 2026.
Insider Buying and Selling at Happen, Inc.
On June 24, 2026, CEO Scott Sanborn sold 28,750 shares at an average price of $19.17 per share. This transaction was part of a planned sale under a Rule 10b5-1 plan.
Analysts Set New Price Targets
On June 30, 2026, BTIG maintained its buy rating for Happen, Inc. with a $25 price target. The consensus among analysts is a target mean price of $23.25, with 10 analysts providing opinions.
About Happen, Inc.
Happen, Inc., headquartered in San Francisco, California, is a bank holding company that offers a variety of financial services. It provides deposit products like savings and checking accounts, and certificates of deposit. The company also offers consumer loan products, including unsecured loans, auto refinance loans, and personal loans for various purposes. Additionally, Happen, Inc. engages in commercial lending and operates a lending marketplace platform. It serves individual consumers and small businesses, with Mr. Scott C. Sanborn as its CEO. The company was formerly known as LendingClub Corporation and changed its name in June 2026.
Bottom Line
BTIG's reiteration of a buy rating for Happen, Inc. underscores continued confidence in the company's potential. As a financial services provider, Happen, Inc. is closely watched by investors for its growth and performance in the banking sector. The 13F filings and analyst ratings provide valuable insights, although they reflect past positions and expectations.
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