Openlane (OPLN) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is moderately positive: Seven brokerages rate Openlane “Moderate Buy,” with four buys and three holds. The average 12-month price target is $43.83, above the reported share price of $37.07.
• Recent results exceeded expectations: Openlane reported quarterly EPS of $0.40 versus the $0.35 consensus estimate, while revenue rose 15.1% year over year to $554.6 million. Management provided fiscal 2026 EPS guidance of $1.40–$1.50.
• Insider and institutional ownership remain notable: CEO Peter Kelly purchased approximately $500,000 of shares, while institutional investors own 99.76% of the company’s stock.

Openlane (NYSE:OPLN - Get Free Report) has been given an average rating of "Moderate Buy" by the seven brokerages that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $43.83.

Several brokerages have recently issued reports on OPLN. Weiss Ratings restated a "hold (c)" rating on shares of Openlane in a research note on Wednesday, August 26th. Zacks Research cut Openlane from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. Barclays raised their target price on Openlane from $46.00 to $49.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Wall Street Zen cut Openlane from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Northcoast Research set a $50.00 price target on Openlane in a report on Wednesday, August 5th.

Openlane Price Performance

Shares of OPLN stock opened at $37.07 on Friday. The stock's 50-day simple moving average is $35.16 and its 200-day simple moving average is $35.92. The firm has a market capitalization of $4.55 billion, a price-to-earnings ratio of -43.61, a PEG ratio of 2.26 and a beta of 1.28. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. Openlane has a fifty-two week low of $24.32 and a fifty-two week high of $42.90.

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

Insider Activity at Openlane

In other news, CEO Peter Kelly bought 14,830 shares of the business's stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of $33.72 per share, with a total value of $500,067.60. Following the acquisition, the chief executive officer directly owned 14,830 shares in the company, valued at $500,067.60. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.22% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tidal Investments LLC acquired a new position in shares of Openlane during the 2nd quarter worth approximately $1,130,000. WINTON GROUP Ltd purchased a new stake in Openlane in the 2nd quarter worth $334,000. Integrated Wealth Concepts LLC acquired a new position in Openlane during the second quarter worth $142,000. IFP Advisors Inc raised its position in Openlane by 819.3% during the second quarter. IFP Advisors Inc now owns 4,523 shares of the company's stock worth $187,000 after acquiring an additional 4,031 shares during the period. Finally, Nykredit A S acquired a new stake in shares of Openlane in the second quarter valued at about $46,000. Institutional investors and hedge funds own 99.76% of the company's stock.

Openlane Company Profile

Openlane, Inc operates a digital marketplace and technology platform for the wholesale vehicle industry. The company connects buyers and sellers of used vehicles, including automotive dealers, manufacturers, rental and fleet operators, financial institutions, and other commercial consignors.

Its services include online and physical vehicle auctions, vehicle inspections and condition reports, transportation and logistics, title and registration support, and marketplace tools that facilitate wholesale vehicle transactions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.