loanDepot (LDI) Stock Forecast & Price Target

$2.83

-0.01 (-0.35%)

(As of 09/20/2024 ET)

loanDepot - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for loanDepot in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 3 analysts, 1 has given a sell rating, and 2 have given a hold rating for LDI.

Consensus Price Target

$2.10
-25.80% Downside

High Forecast	$2.50
Average Forecast	$2.10
Low Forecast	$1.70

According to the 3 analysts' twelve-month price targets for loanDepot, the average price target is $2.10. The highest price target for LDI is $2.50, while the lowest price target for LDI is $1.70. The average price target represents a forecasted downside of -25.80% from the current price of $2.83.

Type	Current Forecast 9/23/23 to 9/22/24	1 Month Ago 8/24/23 to 8/23/24	3 Months Ago 6/25/23 to 6/24/24	1 Year Ago 9/23/22 to 9/23/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$2.10	$1.85	$2.25	$1.67
Forecasted Upside	-25.80% Downside	-13.55% Downside	9.49% Upside	7.37% Upside

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LDI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LDI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

loanDepot Stock vs. The Competition

Type	loanDepot	Finance Companies	S&P 500
Consensus Rating Score	1.67	2.47	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-25.80% Downside	14.02% Upside	7.41% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/5/2024	UBS Group 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$2.30 ➝ $2.50	-4.94%
8/8/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Sell ➝ Sell	$1.50 ➝ $1.70	-27.97%
6/21/2024	JMP Securities 2 of 5 stars		Reiterated Rating	Market Perform
3/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
3/9/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Napoli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
1/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
12/16/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$2.25 ➝ $1.75	+10.76%
11/9/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell	$1.50 ➝ $1.25	-14.38%
10/17/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$2.00 ➝ $1.00	-31.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:23 PM ET.

LDI Forecast - Frequently Asked Questions

What is loanDepot's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for loanDepot is $2.10, with a high forecast of $2.50 and a low forecast of $1.70.
Should I buy or sell loanDepot stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for loanDepot in the last year. There is currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" LDI shares.
Does loanDepot's stock price have much downside?: According to analysts, loanDepot's stock has a predicted downside of -15.83% based on their 12-month stock forecasts.
What analysts cover loanDepot?: loanDepot has been rated by research analysts at The Goldman Sachs Group, and UBS Group in the past 90 days.
Do Wall Street analysts like loanDepot more than its competitors?: Analysts like loanDepot less than other "finance" companies. The consensus rating for loanDepot is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how LDI compares to other companies.