Openlane (NYSE:OPLN) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Openlane, with four buy ratings, one strong-buy rating and two holds. The average 12-month price target is $43.83, above the stock’s recent $34.62 price.
• Openlane reported quarterly adjusted earnings of $0.40 per share, exceeding the $0.35 consensus estimate, while revenue rose 15.1% year over year to $554.6 million. Management guided to fiscal 2026 EPS of $1.40–$1.50.
• CEO Peter J. Kelly purchased approximately $500,000 of Openlane shares, while institutional investors collectively own 99.76% of the company’s stock.

Shares of Openlane (NYSE:OPLN - Get Free Report) have been given an average recommendation of "Moderate Buy" by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $43.8333.

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. raised Openlane from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $33.00 to $38.00 in a report on Wednesday, May 27th. Wall Street Zen cut Openlane from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Openlane in a research report on Friday, May 29th. Bank of America boosted their target price on Openlane from $37.00 to $44.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. Finally, Barclays increased their target price on shares of Openlane from $46.00 to $49.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th.

Openlane Stock Up 0.9%

Shares of OPLN opened at $34.62 on Thursday. Openlane has a one year low of $24.32 and a one year high of $42.90. The company has a market cap of $4.25 billion, a P/E ratio of -40.73, a P/E/G ratio of 2.11 and a beta of 1.28. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50 day simple moving average of $38.53 and a two-hundred day simple moving average of $34.08.

Openlane (NYSE:OPLN - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $554.60 million during the quarter. Openlane had a return on equity of 12.81% and a net margin of 9.67%.The business's revenue was up 15.1% compared to the same quarter last year. Openlane has set its FY 2026 guidance at 1.400-1.500 EPS. Research analysts forecast that Openlane will post 1.45 EPS for the current fiscal year.

Insider Transactions at Openlane

In related news, CEO Peter J. Kelly acquired 14,830 shares of the company's stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average price of $33.72 per share, with a total value of $500,067.60. Following the purchase, the chief executive officer directly owned 14,830 shares in the company, valued at approximately $500,067.60. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.22% of the stock is currently owned by corporate insiders.

Institutional Trading of Openlane

Hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its holdings in shares of Openlane by 6.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,549 shares of the company's stock valued at $162,000 after acquiring an additional 353 shares in the last quarter. Versant Capital Management Inc increased its holdings in Openlane by 94.2% in the 2nd quarter. Versant Capital Management Inc now owns 979 shares of the company's stock worth $40,000 after purchasing an additional 475 shares in the last quarter. Nykredit A S acquired a new position in Openlane in the 2nd quarter worth about $46,000. Allworth Financial LP bought a new position in Openlane in the fourth quarter valued at about $38,000. Finally, Nomura Asset Management Co. Ltd. bought a new position in Openlane in the fourth quarter valued at about $39,000. Institutional investors own 99.76% of the company's stock.

About Openlane

Openlane, Inc operates a digital wholesale vehicle marketplace that facilitates the remarketing of used vehicles for commercial consignors and retail dealers. The company provides an online auction platform that enables buyers and sellers to transact in real time, connecting franchised and independent dealers, fleet operators, rental companies, manufacturers and financial institutions. Its marketplace focuses on vehicles from lease returns, fleet and commercial fleets, repossessions and dealer trade-ins.

In addition to the core auction and listing services, Openlane offers a suite of remarketing support services designed to simplify the end-to-end sale process.

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