LendingTree Q1 revenue beats estimates, lifts FY revenue outlook

Overview

• US online financial marketplace's Q1 revenue rose 37% yr/yr, beating analyst expectations

• Adjusted EBITDA for Q1 grew 71% yr/yr to $42.0 mln

• Company raised full-year 2026 revenue and adjusted EBITDA outlooks

Outlook

• LendingTree raises 2026 revenue outlook to $1.3-$1.35 bln from $1.275-$1.33 bln

• Company now sees 2026 adj EBITDA at $152-$162 mln, up from $150-$160 mln prior

• LendingTree expects Q2 revenue of $305-$325 mln and adj EBITDA of $38-$40 mln

Result Drivers

• INSURANCE SEGMENT GROWTH - Co said Insurance segment delivered record revenue and profit, driven by healthy industry underwriting results and strong partner demand for new customers

• MARKETING EFFICIENCY - Co said internally developed AI tools and a redesigned homepage increased marketing efficiency and customer engagement

• MIXED SEGMENT PERFORMANCE - Co said Consumer segment performed well, but Home segment remained challenged by persistently higher interest rates

Company press release: ID:nPn66hgCPa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the consumer lending peer group is "buy"

• Wall Street's median 12-month price target for Lendingtree Inc is $70.00, about 44.7% above its April 29 closing price of $48.38

• The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

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