loanDepot Shares Soar 15.07% on UBS Price Target Hike

loanDepot(LDI) shares surged 15.07%, reaching their highest level since March 2025, with an intraday gain of 17.81%.

The strategy of buying LDI shares after they reach a recent high and selling them one week later delivered moderate returns but underperformed the benchmark significantly. The strategy’s CAGR was 10.86%, trailing the benchmark by 28.42 percentage points. With a maximum drawdown of 0% and a Sharpe ratio of 0.16, the strategy indicated a risk-averse approach but lacked capital appreciation relative to the broader market.

UBS analyst Douglas Harter recently updated his outlook on loanDepot (LDI), maintaining a 'Neutral' rating while raising the price target from $1.25 to $1.40. This 12% increase reflects revised valuation considerations in response to evolving market conditions and internal performance metrics. This update is crucial for investors assessing their positions in the company.

loanDepot, Inc. has recently been included in multiple Russell indexes, which could enhance its visibility among investors. This inclusion may positively impact the stock's market perception and trading activity, potentially attracting more attention from institutional and retail investors alike.