LoanDepot Price Target Cut to $2.40 by Goldman Sachs, Analysts Weigh In on Loan Growth, Credit Risk

Goldman Sachs has cut loanDepot's price target to $2.40 from $3, while keeping its core fair value estimate at $2.38. The firm's cautious tone is driven by concerns about credit risk and regional bank underperformance in 2025. However, Goldman also notes potential support from solid loan growth, net interest income momentum, and positive operating leverage. The analyst highlights improving returns as part of the long-term story, but execution on efficiency and profitability remains an area to watch.