Openlane (NYSE:OPLN) Trading 0.8% Higher - Still a Buy?

Key Points

• Analyst sentiment is mixed: Openlane has an average MarketBeat rating of "Hold" with an average price target of $33.33, while Barclays and Stephens raised targets and ratings and Weiss and Zacks issued downgrades.
• Quarterly results showed an EPS miss: Openlane reported $0.25 EPS vs. $0.27 expected and $494.3M revenue (up 8.6% YoY) and set FY2026 guidance of $1.240–$1.380 EPS.
• Notable insider and institutional activity: EVP James P. Coyle sold 88,444 shares (~$2.55M), insiders own 2.32% of the stock, and institutional ownership is 99.76% with large new stakes from T. Rowe Price and Invesco.

Openlane (NYSE:OPLN - Get Free Report) traded up 0.8% on Thursday . The stock traded as high as $27.42 and last traded at $27.1880. 593,163 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 1,082,943 shares. The stock had previously closed at $26.96.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on OPLN shares. Barclays boosted their price target on Openlane from $32.00 to $34.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. lifted their target price on shares of Openlane from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. Weiss Ratings downgraded shares of Openlane from a "buy (b)" rating to a "hold (c)" rating in a research report on Tuesday, March 3rd. Zacks Research lowered shares of Openlane from a "hold" rating to a "strong sell" rating in a research note on Monday, February 23rd. Finally, Stephens raised their price target on shares of Openlane from $35.00 to $37.00 and gave the stock an "overweight" rating in a report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Openlane currently has an average rating of "Hold" and an average price target of $33.33.

Openlane Price Performance

The firm's fifty day moving average price is $28.77. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -22.85, a price-to-earnings-growth ratio of 1.26 and a beta of 1.29.

Openlane (NYSE:OPLN - Get Free Report) last released its 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 for the quarter. Openlane had a return on equity of 12.74% and a net margin of 9.19%.The firm's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.21 earnings per share. Openlane has set its FY 2026 guidance at 1.240-1.380 EPS.

Insider Activity at Openlane

In other news, EVP James P. Coyle sold 88,444 shares of the company's stock in a transaction on 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 sale, the executive vice president directly owned 63,869 shares of the company's stock, valued at $1,841,343.27. This represents a 58.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.32% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. purchased a new stake in Openlane in the fourth quarter valued at $72,000. T. Rowe Price Investment Management Inc. purchased a new position in shares of Openlane during the 4th quarter valued at about $43,820,000. Invesco Ltd. acquired a new position in shares of Openlane in the 4th quarter valued at about $87,868,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Openlane in the fourth quarter worth about $215,000. Finally, State of Tennessee Department of Treasury purchased a new stake in shares of Openlane in the fourth quarter worth about $1,284,000. Hedge funds and other institutional investors own 99.76% of the company's stock.

Openlane Company Profile

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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