Open Lending (LPRO) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Open Lending (LPRO) is expected to release its Q2 2025 earnings on August 6th, with analysts predicting earnings of $0.02 per share and revenue of $23.63 million.
• As of Wednesday, Open Lending's stock decreased by 1.7% to $2.43, with a market capitalization of $290.71 million and a range of $0.70 to $6.92 over the last year.
• Institutional investors now hold 78.06% of Open Lending's stock, with significant stakes being raised by firms like Jane Street Group, which increased their position by 2,751.6% in Q1.

Open Lending (NASDAQ:LPRO - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $23.63 million for the quarter.

Open Lending (NASDAQ:LPRO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. The company had revenue of $24.39 million during the quarter, compared to analysts' expectations of $24.78 million. On average, analysts expect Open Lending to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Open Lending Trading Down 1.4%

NASDAQ LPRO opened at $2.16 on Monday. The company has a current ratio of 6.21, a quick ratio of 6.21 and a debt-to-equity ratio of 1.63. The company has a fifty day simple moving average of $2.19 and a two-hundred day simple moving average of $2.94. Open Lending has a 12-month low of $0.70 and a 12-month high of $6.92. The stock has a market cap of $258.73 million, a P/E ratio of -1.85 and a beta of 1.92.

Analyst Upgrades and Downgrades

LPRO has been the subject of several analyst reports. DA Davidson reiterated a "buy" rating and set a $4.00 price target on shares of Open Lending in a report on Wednesday, April 16th. Stephens initiated coverage on shares of Open Lending in a report on Thursday, June 12th. They issued an "equal weight" rating and a $2.50 target price for the company. Finally, Needham & Company LLC upped their target price on shares of Open Lending from $2.00 to $2.50 and gave the company a "buy" rating in a report on Friday, May 9th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $4.12.

Insider Activity

In other Open Lending news, CEO Jessica E. Buss bought 12,975 shares of the stock in a transaction on Monday, May 12th. The stock was purchased at an average price of $1.93 per share, for a total transaction of $25,041.75. Following the completion of the purchase, the chief executive officer directly owned 46,446 shares in the company, valued at approximately $89,640.78. This trade represents a 38.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 13.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Open Lending

Hedge funds and other institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of Open Lending in the 1st quarter valued at about $43,000. Caxton Associates LLP acquired a new position in shares of Open Lending in the 1st quarter valued at about $54,000. AQR Capital Management LLC increased its holdings in shares of Open Lending by 84.0% in the 1st quarter. AQR Capital Management LLC now owns 23,683 shares of the company's stock valued at $65,000 after purchasing an additional 10,812 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Open Lending by 2,751.6% in the 1st quarter. Jane Street Group LLC now owns 430,391 shares of the company's stock valued at $1,188,000 after purchasing an additional 415,298 shares during the period. Institutional investors and hedge funds own 78.06% of the company's stock.

Open Lending Company Profile

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers.