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Happen, Inc. (HAPN)

Financial Services | Banks - Regional | San Francisco, United States | NasdaqGS
19.61 USD -0.74 (-3.636%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:27 a.m. EDT

The most compelling signal here is the divergence between the company's deteriorating operational cash flow and its improving valuation metrics. While operating cash flow is massively negative (-$3 billion), the stock trades at a forward P/E of under 9x with a 12.5% revenue growth rate, suggesting the market has priced in a turnaround or a shift in the business model. The recent price action confirms this sentiment, with the stock rallying nearly 18% over the last two months, breaking above key moving averages. However, the lack of any dividend history and the massive gap between free cash flow and operating cash flow indicate that profitability remains elusive. The options market is screaming bullishness, betting on continued expansion, but investors must remain wary of the underlying cash burn until the negative operating cash flow turns positive.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.047544
AutoARIMA0.052011
AutoETS0.052011
MSTL0.053375

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 3.59
Ljung-Box p 0.000
Jarque-Bera p 0.584
Excess Kurtosis -0.65
Attribute Value
Sector Financial Services
Debt to Equity Ratio 0.819
Revenue per Share 11.928
Market Cap 2,262,031,872
Trailing P/E 13.52
Forward P/E 8.46
Beta 1.94
Profit Margins 12.80%
Previous Name LendingClub Corporation
Website https://www.happen.com

As of July 11, 2026, 6:27 a.m. EDT: Speculators are heavily positioned for upside, evidenced by significant open interest in out-of-the-money calls (strikes 22, 23, 25, 30) compared to negligible put volume. The call chain shows a distinct 'top OI' at strikes well above the current price, while the put side is virtually empty except for deep out-of-the-money hedges. This asymmetry suggests a bullish bias among retail and speculative capital, anticipating a move higher rather than a crash.


Info Dump

Attribute Value
52 Week Change 0.578905
Address1 88 Kearny Street
Address2 Suite 600
All Time High 146.45
All Time Low 4.315
Ask 22.52
Ask Size 1
Audit Risk 3
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 2,401,710
Average Daily Volume3 Month 2,360,191
Average Volume 2,360,191
Average Volume10Days 2,401,710
Beta 1.942
Bid 16.8
Bid Size 1
Board Risk 3
Book Value 13.191
City San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.61
Current Ratio 2.756
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 20.375
Day Low 19.5
Debt To Equity 0.819
Display Name Happen
Earnings Call Timestamp End 1,785,182,400
Earnings Call Timestamp Start 1,785,182,400
Earnings Growth 3.4
Earnings Quarterly Growth 3.421
Earnings Timestamp 1,785,182,400
Earnings Timestamp End 1,785,182,400
Earnings Timestamp Start 1,785,182,400
Ebitda 293,377,984
Ebitda Margins 0.21381001
Enterprise To Ebitda 5.019
Enterprise To Revenue 1.073
Enterprise Value 1,472,569,600
Eps Current Year 1.75
Eps Forward 2.31857
Eps Trailing Twelve Months 1.45
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.8158
Fifty Day Average Change 1.7942009
Fifty Day Average Change Percent 0.10070841
Fifty Two Week Change Percent 57.8905
Fifty Two Week High 21.67
Fifty Two Week High Change -2.0599995
Fifty Two Week High Change Percent -0.09506227
Fifty Two Week Low 12.251
Fifty Two Week Low Change 7.359
Fifty Two Week Low Change Percent 0.60068566
Fifty Two Week Range 12.251 - 21.67
Financial Currency USD
First Trade Date Milliseconds 1,418,308,200,000
Float Shares 111,412,844
Forward Eps 2.31857
Forward P E 8.4578
Free Cashflow 285,399,872
Full Exchange Name NasdaqGS
Full Time Employees 1,075
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.38806
Gross Profits 532,467,008
Has Pre Post Market Data 1
Held Percent Insiders 0.03143
Held Percent Institutions 0.90708
Implied Shares Outstanding 115,350,925
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Ipo Expected Date 2,026-06-22
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,562,544,000
Last Split Factor 1:5
Long Business Summary Happen, Inc. operates as a bank holding company that provides financial and lending services. The company offers deposit products including savings accounts, checking accounts, and certificates of deposit, and provides consumer loan products such as unsecured loans, fixed-rate and fixed-term loans, secured auto refinance loans, personal loans for credit card refinancing and debt consolidation, and financing for health and wellness, home improvement, retail services, and large expenses. The company also offers commercial lending including small business loans and SBA loans. In addition, it operates a lending marketplace platform. It caters to individual consumers and small businesses. Happen, Inc. was formerly known as LendingClub Corporation and changed its name to Happen, Inc. in June 2026. The company was incorporated in 2006 and is headquartered in San Francisco, California.
Long Name Happen, Inc.
Market us_market
Market Cap 2,262,031,872
Market State PRE
Max Age 86,400
Message Board Id finmb_34600869
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common 175,608,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,262,031,639
Number Of Analyst Opinions 9
Open 20.35
Operating Cashflow -3,006,673,920
Operating Margins 0.19965
Overall Risk 2
Payout Ratio 0.0
Phone 415 930 7440
Pre Market Change 0.36999893
Pre Market Change Percent 1.8867869
Pre Market Price 19.98
Pre Market Time 1,784,030,588
Prev Name LendingClub Corporation
Previous Close 20.35
Price Eps Current Year 11.205714
Price Hint 2
Price To Book 1.4866197
Price To Sales Trailing12 Months 1.648555
Profit Margins 0.12798001
Quick Ratio 1.926
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.44444
Region US
Regular Market Change -0.74
Regular Market Change Percent -3.63636
Regular Market Day High 20.375
Regular Market Day Low 19.5
Regular Market Day Range 19.5 - 20.375
Regular Market Open 20.35
Regular Market Previous Close 20.35
Regular Market Price 19.61
Regular Market Time 1,783,972,800
Regular Market Volume 1,197,208
Return On Assets 0.01274
Return On Equity 0.12161
Revenue Growth 0.125
Revenue Per Share 11.928
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 115,350,925
Shares Percent Shares Out 0.059499998
Shares Short 6,859,674
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 6,268,637
Short Name Happen, Inc.
Short Percent Of Float 0.0687
Short Ratio 2.8
Source Interval 15
State CA
Symbol HAPN
Target High Price 29.0
Target Low Price 22.0
Target Mean Price 24.11111
Target Median Price 23.0
Total Cash 801,942,976
Total Cash Per Share 6.952
Total Debt 12,481,000
Total Revenue 1,372,130,048
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.45
Trailing P E 13.5241375
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.2365
Two Hundred Day Average Change 2.3735008
Two Hundred Day Average Change Percent 0.13770202
Type Disp Equity
Volume 1,197,208
Website https://www.happen.com
Zip 94,108