loanDepot stock reports stronger revenue and a narrower loss

Published on 10/04/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

loanDepot stock was last at USD 0.64 on October 2, while second-quarter revenue reached USD 337.321 million. The net loss narrowed to USD 6.622 million.

LDI, US53946R1068, Illustration mit AI erstellt.

loanDepot stock (ISIN US53946R1068) was last at USD 0.64 on the NYSE on October 2, 2026, up 3.64 percent from the prior close. The companys second-quarter results showed revenue of USD 337.321 million and a net loss of USD 6.622 million, according to loanDepot in its August 4, 2026 release.

Revenue growth narrows the loss

The June 30, 2026 quarter marked a material sequential improvement in reported earnings. Revenue increased 18 percent from USD 286.387 million in the first quarter, while the net loss fell from USD 54.942 million to USD 6.622 million.

Adjusted results also improved. Adjusted net loss was USD 29.226 million, compared with USD 33.624 million in Q1 2026, and adjusted EBITDA reached USD 20.478 million versus USD 14.305 million in the prior quarter, according to loanDepot.

Home equity changes the mix

Loan origination volume rose 4 percent to USD 7.994 billion from USD 7.659 billion in Q1 2026. Unit volume increased 25 percent, while the pull-through weighted gain-on-sale margin rose to 345 basis points from 271 basis points.

The strategic shift also changes how investors read the loan pipeline. Pull-through weighted lock volume declined 20 percent to USD 6.6 billion, but home equity products do not carry an associated interest-rate lock, making the comparison less direct, according to Yahoo Finance in the August 4, 2026 earnings call transcript.

Consensus target stays above the quote

Consensus data published on September 17, 2026 covered two analysts and showed two Hold ratings. The average target was USD 1.13, with a low of USD 1.00 and a high of USD 1.25, according to ToAlpha. Against the USD 0.64 reference price on October 2, 2026, the average target lies 76.6 percent above the price.

LDI remains near its yearly low

LDI had a 52-week range of USD 0.57 to USD 3.80 and a market capitalization of USD 212.8 million as of October 2, 2026. Trading volume reached 4,854,404 shares, putting the stock close to the lower end of its yearly range.