Happen, Inc/$HAPN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Happen, Inc
Happen Inc is a U.S. digital marketplace bank focused on the Motivated Middle - high FICO, high-income borrowers actively managing their financial lives. The bank's success is fueled by evolved credit underwriting, a proprietary technology platform, and a marketplace bank model that generates compelling revenue through loan sales, net interest income, and fee-based services.
- Ticker
- $HAPN
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 1,075
- Headquarters
- San Francisco, United States
- Website
- www.happen.com
Happen, Inc Metrics
BasicAdvanced
$1.8B
8.89
$1.80
1.89
-
Price and volume
Market cap
$1.8B
Beta
1.89
52-week high
$21.67
52-week low
$13.05
Average daily volume
2.5M
Financial strength
Current ratio
5.932
Quick ratio
3.692
Long term debt to equity
0.006
Total debt to equity
0.006
Interest coverage (TTM)
3.83%
Profitability
EBITDA (TTM)
335.363
Gross margin (TTM)
45.42%
Net profit margin (TTM)
15.02%
Operating margin (TTM)
26.03%
Effective tax rate (TTM)
21.95%
Revenue per employee (TTM)
$1,300,000
Management effectiveness
Return on assets (TTM)
1.38%
Return on equity (TTM)
13.78%
Valuation
Price to earnings (TTM)
8.888
Price to revenue (TTM)
1.313
Price to book
1.16
Price to tangible book (TTM)
1.21
Price to free cash flow (TTM)
-0.641
Free cash flow yield (TTM)
-156.07%
Free cash flow per share (TTM)
-24.909
Growth
Revenue change (TTM)
8.20%
Earnings per share change (TTM)
100.51%
3-year revenue growth (CAGR)
6.09%
10-year revenue growth (CAGR)
1.66%
3-year earnings per share growth (CAGR)
54.19%
10-year earnings per share growth (CAGR)
2.35%
What the Analysts think about Happen, Inc
Analyst ratings (Buy, Hold, Sell) for Happen, Inc stock.
Analyst projections of the future price of Happen, Inc stock.
Bulls say / Bears say
Third-quarter originations grew 26% year on year and diluted EPS rose 35% to $0.50; management also raised its full-year EPS outlook to $1.87–$1.92. That points to solid growth and earnings momentum. (Happen)
Credit performance improved as the net charge-off ratio fell to 3.1% from 3.4% a year earlier. The company says delinquencies are about 40% lower than its competitor set, which supports confidence in its underwriting as lending expands. (Happen)
Home-improvement lending could add a new growth engine: Happen generated more than $100 million of volume in its first full quarter and expects to add partner lenders. Its embedded-finance platform is also speeding partner onboarding, giving the new line room to scale. (The Motley Fool)
Revenue has not kept pace with loan growth: third-quarter net revenue slipped to $263.2 million from $266.2 million a year earlier, while non-interest expense rose to $202.3 million from $162.7 million. Sustaining growth may be harder if higher costs persist. (Happen)
Management expects fourth-quarter originations of $3.1–$3.2 billion, below the third quarter’s $3.34 billion, and EPS of $0.43–$0.48 versus $0.50. It cited seasonality and higher borrower pricing, a sign that growth and earnings could soften near term. (The Motley Fool)
Fair-value accounting can make earnings more sensitive to market shifts: changes in loan credit outlook and market conditions now flow through income. Third-quarter results included a $15.9 million provision benefit, so reported earnings may be less predictable if credit or market marks worsen. (Happen, American Banker)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
Happen, Inc Financial Performance
Revenues and expenses
Happen, Inc Earnings Performance
Company profitability
Upcoming events
No upcoming events
Happen, Inc News
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Funds containing Happen, Inc
Fund name | Fund size | $HAPN weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.07% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.07% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.04% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.03% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.03% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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