Open Lending Q3 EPS Forecast Lifted by Northland Securities

Key Points

• Northland Securities raised its Q3 2026 EPS estimate for Open Lending to $0.04 from $0.03, and also projected FY2026 earnings of $0.08 per share.
• The company recently reported breakeven EPS versus the $0.01 consensus loss expectation, while revenue of $20.49 million slightly topped estimates.
• Analyst sentiment remains mixed, with two Buy, three Hold, and one Sell ratings; the stock’s average target price is $2.58, above its recent trading level around $1.90.

Open Lending Corporation (NASDAQ:LPRO - Free Report) - Northland Securities upped their Q3 2026 earnings estimates for Open Lending in a research report issued to clients and investors on Thursday, May 7th. Northland Securities analyst M. Grondahl now expects that the company will post earnings of $0.04 per share for the quarter, up from their prior estimate of $0.03. The consensus estimate for Open Lending's current full-year earnings is $0.08 per share. Northland Securities also issued estimates for Open Lending's FY2026 earnings at $0.08 EPS.

LPRO has been the subject of several other reports. Weiss Ratings restated a "sell (d-)" rating on shares of Open Lending in a research report on Thursday, January 22nd. DA Davidson lowered their price objective on shares of Open Lending from $4.00 to $3.00 and set a "buy" rating for the company in a research report on Monday, March 16th. Finally, Canaccord Genuity Group restated a "hold" rating and set a $2.00 price objective on shares of Open Lending in a research report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $2.58.

Open Lending Price Performance

Shares of LPRO opened at $1.90 on Monday. Open Lending has a one year low of $1.18 and a one year high of $2.70. The company has a market cap of $223.59 million, a P/E ratio of -47.50 and a beta of 2.20. The company has a debt-to-equity ratio of 1.03, a current ratio of 4.52 and a quick ratio of 4.52. The firm has a 50 day simple moving average of $1.46 and a two-hundred day simple moving average of $1.63.

Open Lending (NASDAQ:LPRO - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.00 EPS for the quarter, missing the consensus estimate of $0.01 by ($0.01). Open Lending had a negative net margin of 5.95% and a positive return on equity of 7.52%. The firm had revenue of $20.49 million for the quarter, compared to analyst estimates of $20.41 million.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LPRO. AQR Capital Management LLC increased its holdings in shares of Open Lending by 84.0% during the first quarter. AQR Capital Management LLC now owns 23,683 shares of the company's stock worth $65,000 after buying an additional 10,812 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Open Lending during the first quarter worth $43,000. Caxton Associates LLP acquired a new position in shares of Open Lending during the first quarter worth $54,000. Jane Street Group LLC increased its holdings in shares of Open Lending by 2,751.6% during the first quarter. Jane Street Group LLC now owns 430,391 shares of the company's stock worth $1,188,000 after buying an additional 415,298 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Open Lending by 4.0% during the second quarter. Geode Capital Management LLC now owns 2,564,948 shares of the company's stock worth $4,977,000 after buying an additional 98,515 shares in the last quarter. 78.06% of the stock is currently owned by institutional investors and hedge funds.

About Open Lending

Open Lending Corporation is a financial technology company specializing in risk analytics and automated loan decisioning for the automotive finance industry. Through its proprietary platform, Open Lending enables banks, credit unions and finance companies to enhance underwriting accuracy, manage risk more effectively and streamline the loan origination process. The company's solutions leverage machine learning and big-data analytics to deliver credit-based pricing models that help lenders optimize portfolio performance and reduce losses.

The core offerings of Open Lending include an automated underwriting engine, risk-based pricing tools and performance analytics dashboards.

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