Piper Sandler cuts target for Live Oak Bancshares stock

Published on 10/14/2026 at 06:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler lowered target from USD 46.00 to USD 38.00 on October 7, 2026. Live Oak Bancshares stock reports October 21, 2026 after USD 0.74 quarterly earnings.

Target cut and reporting date

Piper Sandler lowered its Live Oak Bancshares target on October 7, 2026.
Second-quarter earnings per share reached USD 0.74 against USD 0.64 expected.
Live Oak Bancshares stock was last at USD 34.68 on October 13, 2026.
Third-quarter results are scheduled for October 21, 2026, with a call on October 22, 2026.

LOB, US53803X1054, Illustration mit AI erstellt.

Live Oak Bancshares (ISIN US53803X1054) faced a lower valuation benchmark after Piper Sandler cut its price target from USD 46.00 to USD 38.00 on October 7, 2026, while keeping a Neutral rating. The same note reduced its 2026 earnings-per-share estimate from USD 3.01 to USD 2.80 and its third-quarter estimate from USD 0.80 to USD 0.63, according to Investing.com.

What does the target cut change?

Piper Sandler linked the lower estimates to higher expectations for loan-loss provisions and said recent and projected rate increases could affect credit over the intermediate to long term. Its revised target uses a lower valuation multiple of 10 times projected 2027 earnings, compared with 12 times previously, according to Investing.com.

Three dates shape the setup

On September 15, 2026, Live Oak Bancshares paid a quarterly dividend of USD 0.03 per share, according to MarketBeat. On July 22, 2026, second-quarter earnings per share came to USD 0.74 against a USD 0.64 consensus estimate, while revenue reached USD 156.15 million, the same report said. On October 7, 2026, Piper Sandler lowered its target from USD 46.00 to USD 38.00, making the target change the latest dated event in this sequence.

Reporting dates are next

Live Oak Bancshares is scheduled to report third-quarter 2026 financial results after the U.S. market close on October 21, 2026. The company plans a conference call on October 22, 2026, at 9:00 a.m. ET, according to GlobeNewswire.

Stock stays below its yearly high

Live Oak Bancshares was last at USD 34.68 on the NYSE on October 13, 2026 at 4:00 p.m. ET. Its market capitalization was USD 1.6 billion, while the 52-week range stood at USD 29.36 to USD 44.53 on that quote snapshot. The gap between the latest price and the yearly high leaves the October 21 results as the next quantified test for the revised earnings assumptions.