Happen stock
HAPNNASDAQHappen, Inc., Financial ServicesISIN US52603A2087
62Score 62 out of 100, Neutral
Price and trend
61 / 100
Price history
−14% in one yearThe chart shows daily closes over 12 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 6.2% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 60).
The price is 27% below its 52-week high. Largest decline in 12 years: 97% (December 2014 to June 2020).
Chart figures for advanced users
- SMA 50$15.57
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$16.76
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)60
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$13.32
- The lowest closing price of the last twelve months.
- Resistance$21.58
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Happen, Inc. belongs to the Banks (Regional) industry (United States) and, with a market value of $1.81B, is number 251 of 422 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $998.85M (up 26.9% year on year) and earnings of $135.68M (up 164.3%).
- For fiscal 2026, analysts expect on average revenue of $1.04B (up 4.6%) and adjusted earnings per share of $1.89 (up 64.1%).
Show more
- MEQIRI Score 62 out of 100 (Neutral): rank 680 of 976 in Financial Services, median 68.
- The P/E is 8.8 (Banks (Regional) median 12.2, own median of recent years 24.3).
- Our model puts fair value at $21.90, with the price 28% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 26.8% a year since 2020, Banks (Regional) median 7.5%.Growth 77
- Modestly valuedP/E 8.8, Banks (Regional) median 12.2, own median 24.3.Valuation 88
- Analysts expect strong earnings growthUp 20.8% a year through 2028 (estimates from 4 analysts).Growth 77
Weaknesses
- Margin may fall backOperating margin 33.4%, average of the prior years 6.3%, which ranged from −61.5% to 12.9%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.Profitability 64
- DilutionShare count up 28% since 2020.Capital allocation 43
- Volatile share priceVolatility 51% a year over the last 12 months.Stability 68
Its standout strengths are valuation and growth, while fundamentals and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
Valuation
Valuation signal
Modestly undervaluedIn our model the price counts as cheap below $15.65 and expensive above $36.51 (uncertainty high, based on the price swings of the past year).
Valuation metrics
From earnings times the industry P/E (12.2) alone; there are no viable cash flows for the cash-flow model.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 2% on the twelve months before. Revenue has grown strongly since 2011, at around 42% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 33%, net 14%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. Last 12 months: net 22%.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 27 Jan 2027in 76 days
- Last reported
- 28 Oct 2026EPS reported $0.50 (expected $0.46)above expectations
Analyst estimates
Analysts have raised their 2026 earnings estimate by 3.6% since 15 Oct 2026.
- Earnings per share
- $1.89+3.6%
- Revenue
- $1.04B−2.1%
- Earnings per share
- $2.38−0.7%
- Revenue
- $1.25B−1.6%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +12.0%Happen raised its full year diluted EPS guidance to $1.87 to $1.92 and narrowed its originations growth target to 26% to 27%, both better than before.
“Our full year originations growth is expected to be 26% to 27% reflecting a narrowed range of $12.3 billion to $12.4 billion Our fourth quarter volume outlook is $3.1 billion to $3.2 billion due to typical fourth quarter seasonality and the transition to higher interest rates as we increase borrower pricing.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $8.86M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Cheng JordanSale
5 Nov 2026, General Counsel & Secretary
- Shares
- 2,800
- Price
- $16.76
- Value
- $46,928
- Cheng JordanSale
29 Oct 2026, General Counsel & Secretary
- Shares
- 2,800
- Price
- $16.00
- Value
- $44,800
- Selleck ErinSale
15 Sept 2026, Board
- Shares
- 7,148
- Price
- $16.68
- Value
- $119,229
Show 20 more
- Selleck ErinSale
4 Sept 2026, Board
- Shares
- 2,057
- Price
- $17.41
- Value
- $35,812
- Cheng JordanSale
3 Sept 2026, General Counsel & Secretary
- Shares
- 2,800
- Price
- $17.56
- Value
- $49,168
- Sanborn ScottSale
26 Aug 2026, CEO
- Shares
- 28,750
- Price
- $18.25
- Value
- $524,711
- Stack FergalSale
20 Aug 2026, SVP, Corporate Controller
- Shares
- 37,500
- Price
- $18.11
- Value
- $679,009
- Stack FergalSale
19 Aug 2026, SVP, Corporate Controller
- Shares
- 37,500
- Price
- $18.64
- Value
- $699,056
- Stack FergalSale
18 Aug 2026, SVP, Corporate Controller
- Shares
- 40,000
- Price
- $18.86
- Value
- $754,532
- LaBenne AndrewSale
10 Aug 2026, Chief Financial Officer
- Shares
- 13,929
- Price
- $19.37
- Value
- $269,823
- Sanborn ScottSale
5 Aug 2026, CEO
- Shares
- 28,750
- Price
- $20.56
- Value
- $591,192
- Sanborn ScottSale
15 Jul 2026, CEO
- Shares
- 28,750
- Price
- $20.08
- Value
- $577,243
- Stack FergalSale
1 Jul 2026, SVP, Corporate Controller
- Shares
- 50,000
- Price
- $21.01
- Value
- $1.05M
- Sanborn ScottSale
1 Jul 2026, CEO
- Shares
- 25,000
- Price
- $21.00
- Value
- $525,028
- Cheng JordanSale
1 Jul 2026, General Counsel & Secretary
- Shares
- 5,500
- Price
- $20.85
- Value
- $114,694
- Sanborn ScottSale
24 Jun 2026, CEO
- Shares
- 28,750
- Price
- $19.17
- Value
- $551,212
- Stack FergalSale
16 Jun 2026, SVP, Corporate Controller
- Shares
- 60,000
- Price
- $19.00
- Value
- $1.14M
- Cheng JordanSale
10 Jun 2026, General Counsel & Secretary
- Shares
- 5,500
- Price
- $17.46
- Value
- $96,030
- Sanborn ScottSale
9 Jun 2026, CEO
- Shares
- 4,899
- Price
- $18.00
- Value
- $88,182
- Selleck ErinSale
5 Jun 2026, Board
- Shares
- 2,391
- Price
- $17.40
- Value
- $41,603
- Sanborn ScottSale
2 Jun 2026, CEO
- Shares
- 23,851
- Price
- $17.86
- Value
- $425,948
- LaBenne AndrewSale
28 May 2026, Chief Financial Officer
- Shares
- 20,000
- Price
- $17.00
- Value
- $340,064
- Cheng JordanSale
28 May 2026, General Counsel & Secretary
- Shares
- 5,500
- Price
- $17.00
- Value
- $93,500
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Happen
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 62
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- BladexBLX $1.91B76
- Arion banki hf.ARION-SDB.ST $1.9B71
- German American BancorpGABC $1.88B72
- Dime Community BancsharesDCOM $1.85B68
- Republic BancorpRBCAA $1.81B69
- S&T BancorpSTBA $1.8B71
- OceanFirst FinancialOCFC $1.8B49
- Permanent TSB Group HoldingsPTSB.IR $1.79B44
ETFs that hold Happen
Held by 3 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.03% | 0.43% | €2.48B |
| iShares MSCI World Small Cap UCITS ETFIUSN | 0.02% | 0.35% | €8.19B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.01% | 0.35% | €434.1M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 6 Feb 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.