LendingTree CEO Says Agentic AI Won't Replace Loan Middle Men -- Market Talk

Dow Jones

03/04

1414 ET - LendingTree CEO Scott Peyree isn't worried about AI undermining the online loan marketplace's business model. While some investors are concerned that agentic AI could cut out providers like LendingTree, Peyree says it's unlikely. "I just don't think agentic AI overlay on going out, filling out a bunch of forms is really going to solve any consumer's problems anytime soon," he says on an analyst call. "Instead of focusing on playing defense against these low probability outcomes, we are embracing this innovative technology. I could not be more excited about the AI-powered improvements that we're making to our consumer experience," he adds. LendingTree surges 21% to $45.48 after a double-digit boost in 4Q revenue and giving a 1Q outlook that topped analyst estimates. (amira.mckee@wsj.com)

(END) Dow Jones Newswires

March 03, 2026 14:14 ET (19:14 GMT)

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While some investors are concerned that agentic AI could cut out providers like LendingTree, Peyree says it's unlikely. \"I just don't think agentic AI overlay on going out, filling out a bunch of forms is really going to solve any consumer's problems anytime soon,\" he says on an analyst call. \"Instead of focusing on playing defense against these low probability outcomes, we are embracing this innovative technology. I could not be more excited about the AI-powered improvements that we're making to our consumer experience,\" he adds. LendingTree surges 21% to $45.48 after a double-digit boost in 4Q revenue and giving a 1Q outlook that topped analyst estimates. 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While some investors are concerned that agentic AI could cut out providers like LendingTree, Peyree says it's unlikely. \"I just don't think agentic AI overlay on going out, filling out a bunch of forms is really going to solve any consumer's problems anytime soon,\" he says on an analyst call. \"Instead of focusing on playing defense against these low probability outcomes, we are embracing this innovative technology. I could not be more excited about the AI-powered improvements that we're making to our consumer experience,\" he adds. LendingTree surges 21% to $45.48 after a double-digit boost in 4Q revenue and giving a 1Q outlook that topped analyst estimates. 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While some investors are concerned that agentic AI could cut out providers like LendingTree, Peyree says it's unlikely. \"I just don't think agentic AI overlay on going out, filling out a bunch of forms is really going to solve any consumer's problems anytime soon,\" he says on an analyst call. \"Instead of focusing on playing defense against these low probability outcomes, we are embracing this innovative technology. I could not be more excited about the AI-powered improvements that we're making to our consumer experience,\" he adds. LendingTree surges 21% to $45.48 after a double-digit boost in 4Q revenue and giving a 1Q outlook that topped analyst estimates. 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