Openlane (NYSE:OPLN) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts have given Openlane an average rating of "Moderate Buy" (three buys, three holds) with a 1‑year average price target of $33.50.
• EVP James P. Coyle sold 88,444 shares for about $2.55 million—reducing his ownership by roughly 58%—and corporate insiders now own 2.32% of the company.
• Openlane missed Q results with EPS of $0.25 vs. $0.27 expected on $494.3M revenue, and guided FY2026 to 1.240–1.380 EPS (street average 1.34 EPS).

Shares of Openlane (NYSE:OPLN - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $33.50.

A number of research firms have commented on OPLN. Northcoast Research upgraded shares of Openlane from a "neutral" rating to a "buy" rating and set a $34.00 price target on the stock in a research report on Monday, March 30th. Weiss Ratings lowered shares of Openlane from a "buy (b)" rating to a "hold (c)" rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. boosted their price target on shares of Openlane from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Thursday, February 19th. Stephens boosted their price target on shares of Openlane from $35.00 to $37.00 and gave the company an "overweight" rating in a research report on Friday, January 23rd. Finally, Barclays boosted their price target on shares of Openlane from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Wednesday, January 21st.

Insider Buying and Selling at Openlane

In other Openlane news, EVP James P. Coyle sold 88,444 shares of the business's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $28.83, for a total value of $2,549,840.52. Following the completion of the transaction, the executive vice president directly owned 63,869 shares of the company's stock, valued at approximately $1,841,343.27. The trade was a 58.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.32% of the company's stock.

Hedge Funds Weigh In On Openlane

Institutional investors have recently modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in shares of Openlane in the fourth quarter worth about $26,000. First Horizon Corp bought a new position in shares of Openlane in the fourth quarter worth about $27,000. Allworth Financial LP bought a new position in shares of Openlane in the fourth quarter worth about $38,000. Nomura Asset Management Co. Ltd. bought a new position in shares of Openlane in the fourth quarter worth about $39,000. Finally, Fifth Third Bancorp bought a new position in shares of Openlane in the fourth quarter worth about $40,000. 99.76% of the stock is owned by institutional investors.

Openlane Stock Up 0.0%

NYSE:OPLN opened at $31.68 on Friday. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of -26.62 and a beta of 1.24. Openlane has a 12 month low of $17.83 and a 12 month high of $32.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.16 and a current ratio of 1.16. The company has a 50-day moving average price of $28.75.

Openlane (NYSE:OPLN - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). The firm had revenue of $494.30 million during the quarter. Openlane had a net margin of 9.19% and a return on equity of 12.74%. The firm's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. Openlane has set its FY 2026 guidance at 1.240-1.380 EPS. On average, research analysts expect that Openlane will post 1.34 EPS for the current fiscal year.

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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