Why are LendingTree (TREE) shares soaring today

What happened

LendingTree reported third-quarter 2026 revenue of $343.6 million and adjusted EBITDA, a measure of operating earnings, of $39.6 million. Revenue grew year over year for a tenth consecutive quarter, led by insurance, while adjusted profit was about flat. A non-cash charge of $98.8 million left the company with a quarterly loss, and it plans a fourth-quarter stock buyback.

Confirmed

Global impact / market context

The reported revenue growth, especially from insurance, suggests that business demand increased, while roughly flat adjusted profit indicates this growth did not clearly translate into higher adjusted earnings. The planned buyback would use company cash to reduce shares available to investors, but its scale is not stated.

Analyst inference

The article says LendingTree has experienced 37 share-price moves greater than 5% over the past year, so large swings are not unprecedented, though this one was described as rare. It attributes the move to a changed market view after the results and buyback news.

Analyst inference

What to watch

1. Check whether subsequent reports show insurance continuing to lead revenue growth, since a change in that segment could alter the company’s overall sales trajectory. Analyst inference
2. Look for the company’s stated size and completion of its fourth-quarter stock buyback; those details would clarify how much cash it uses and how many shares it removes. Proposed
3. Watch whether future results explain the $98.8 million non-cash charge and whether quarterly losses persist, since either could change how investors assess earnings quality. Analyst inference

Evidence

• stockstory.org