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loanDepot ( (LDI) ) has provided an update.
On August 4, 2026, loanDepot reported second-quarter 2026 results, highlighting a strategic pivot toward home equity lending that lifted loan origination volume 4% to $7.99 billion and unit volume 25% from the prior quarter. Revenue rose 18% to $337 million, pull-through weighted gain on sale margin expanded to 345 basis points, and operating leverage improved as expenses edged up less than 1%, reflecting disciplined cost control and a more profitable product mix.
The company narrowed its net loss to $7 million from $55 million in the first quarter, while adjusted net loss improved to $29 million and adjusted EBITDA increased to $20 million. Management emphasized that home equity products, supported by an estimated $35 trillion in U.S. homeowner equity, are driving measurable growth and higher margins, and that loanDepot’s ability to shift capacity toward these offerings, repurchase senior notes, and monetize servicing rights strengthens its positioning to compete across market cycles and address upcoming bond maturities.
The most recent analyst rating on (LDI) stock is a Sell
with a $1.25 price target.
To see the full list of analyst forecasts on loanDepot stock,
see the LDI Stock Forecast page.
Spark’s Take on LDI Stock
According to Spark, TipRanks’ AI Analyst, LDI is a Neutral.
The score is held down primarily by weak financial fundamentals—very high leverage, ongoing net losses, and sustained negative operating/free cash flow. Technicals also remain soft with the stock below key longer-term moving averages and a negative MACD. Offsetting factors include improving operating trends and a more constructive outlook from the earnings call (guidance for better gain-on-sale margins and progress from the Figure/5×5 HELOC initiatives), but near-term profitability and liquidity risks remain significant.
To see Spark’s full report on LDI stock,
click here.
More about loanDepot
loanDepot, Inc., based in Irvine, Calif., is a U.S. nonbank mortgage originator and servicer listed on the NYSE under the ticker LDI. The company operates a diversified origination platform spanning retail branches, direct-to-consumer and joint-venture channels, and has been expanding beyond traditional refinance and purchase mortgages into home equity lending through its proprietary 5X5 HomeLoan product.
Average Trading Volume: 2,053,847
Technical Sentiment Signal: Sell
Current Market Cap: $331.5M
See more insights into LDI stock on TipRanks’ Stock Analysis page.