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Openlane (NYSE:OPLN) Releases FY 2026 Earnings Guidance

Openlane logo with Auto/Tires/Trucks background
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Key Points

  • FY2026 EPS guidance: Openlane set EPS guidance of 1.280–1.420, roughly in line with the consensus of 1.32, and did not provide revenue guidance.
  • Recent quarter: the company reported EPS of $0.35 versus a $0.32 estimate and revenue of $527.9M, up 14.8% year-over-year, with a net margin of 9.19% and ROE of 12.74%.
  • Analyst sentiment and valuation: the stock carries a consensus rating of “Moderate Buy” with a $33.50 consensus price target, and analysts are split three Buy / three Hold.
  • MarketBeat previews the top five stocks to own by June 1st.

Openlane (NYSE:OPLN - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.280-1.420 for the period, compared to the consensus earnings per share estimate of 1.320. The company issued revenue guidance of -.

Openlane Stock Performance

Shares of NYSE:OPLN opened at $32.15 on Tuesday. The company has a 50-day simple moving average of $29.03. Openlane has a one year low of $18.78 and a one year high of $32.90. The stock has a market capitalization of $3.40 billion, a PE ratio of -27.01 and a beta of 1.22. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.43.

Openlane (NYSE:OPLN - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.03. The company had revenue of $527.90 million for the quarter. Openlane had a net margin of 9.19% and a return on equity of 12.74%. The business's quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 earnings per share. Openlane has set its FY 2026 guidance at 1.280-1.420 EPS. As a group, research analysts forecast that Openlane will post 1.34 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on OPLN shares. Zacks Research upgraded Openlane from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. Northcoast Research raised shares of Openlane from a "neutral" rating to a "buy" rating and set a $34.00 target price on the stock in a research report on Monday, March 30th. Barclays upped their price target on shares of Openlane from $32.00 to $34.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 21st. Weiss Ratings lowered Openlane from a "buy (b)" rating to a "hold (c)" rating in a research note on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. increased their price objective 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. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.50.

Read Our Latest Analysis on Openlane

Insider Activity at Openlane

In other news, EVP James P. Coyle sold 88,444 shares of the business's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $28.83, for a total transaction of $2,549,840.52. Following the sale, the executive vice president owned 63,869 shares in the company, valued at $1,841,343.27. The trade was a 58.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Mariner LLC acquired a new stake in shares of Openlane in the fourth quarter valued at about $547,000. Systematic Alpha Investments LLC bought a new stake in shares of Openlane in the 4th quarter valued at approximately $542,000. Maryland State Retirement & Pension System bought a new stake in shares of Openlane in the 4th quarter valued at approximately $461,000. Jain Global LLC acquired a new position in shares of Openlane in the 4th quarter worth approximately $441,000. Finally, Quadrant Capital Group LLC acquired a new position in shares of Openlane in the 4th quarter worth approximately $357,000. 99.76% of the stock is currently owned by institutional investors and hedge funds.

Openlane Company Profile

(Get Free Report)

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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