LendingTree hits one-month high after surprise Q4 profit, 2025 outlook

LendingTree

06/03/2025 16:21

** Shares of online lending marketplace LendingTree TREE.O jump as much as 23.5%, hitting their highest since January 27

** Late Wednesday, TREE reported Q4 adjusted profit vs Wall Street expectations of a loss

** At least three brokerages raise their PTs on TREE after Q4 results, 2025 outlook

** Northland Securities says it was a strong finish to 2024 and TREE is entering 2025 with strong momentum

** J.P. Morgan says revenue growth across all segments is a positive as it marks a shift from last several years

** All seven brokerages covering the stock rate it "buy" or higher; median PT is $70 - data compiled by LSEG

** TREE up 26.7% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))