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Home › Stocks › Openlane Inc. (KAR) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Auto & Truck Dealerships
$22.30
-0.55 (-2.41%)Did KAR Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if KAR Auction is one of their latest high-conviction picks.
Based on our analysis of 9 Wall Street analysts, KAR has a bullish consensus with a median price target of $24.50 (ranging from $22.00 to $26.00). The overall analyst rating is Buy (7.7/10). Currently trading at $22.30, the median forecast implies a 9.9% upside. This outlook is supported by 4 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Jeff Lick at Stephens & Co., projecting a 16.6% upside. Conversely, the most conservative target is provided by Ryan Brinkman at JP Morgan, suggesting a 1.3% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for KAR.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jun 16, 2025 | B of A Securities | John Murphy | Neutral | Maintains | $25.00 |
Mar 27, 2025 | JP Morgan | Ryan Brinkman | Neutral | Downgrade | $20.00 |
Feb 28, 2025 | Stephens & Co. | Jeff Lick | Overweight | Upgrade | $26.00 |
Feb 21, 2025 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Feb 14, 2025 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Jan 22, 2025 | Stephens & Co. | Jeff Lick | Equal-Weight | Initiates | $20.00 |
Nov 20, 2024 | JP Morgan | Ryan Brinkman | Overweight | Maintains | $23.00 |
Nov 7, 2024 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Nov 4, 2024 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Sep 20, 2024 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Aug 22, 2024 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
Aug 5, 2024 | Barrington Research | Gary Prestopino | Outperform | Maintains | $25.00 |
May 2, 2024 | Barrington Research | Gary Prestopino | Outperform | Reiterates | $25.00 |
May 2, 2024 | Baird | Craig Kennison | Outperform | Maintains | $20.00 |
Apr 10, 2024 | B of A Securities | John Murphy | Neutral | Upgrade | $20.00 |
Feb 21, 2024 | Barrington Research | Gary Prestopino | Outperform | Reiterates | $25.00 |
Dec 6, 2023 | Stephens & Co. | Daniel Imbro | Equal-Weight | Reiterates | $16.00 |
Dec 5, 2023 | Stephens & Co. | Daniel Imbro | Equal-Weight | Reiterates | $13.00 |
Oct 16, 2023 | JP Morgan | Ryan Brinkman | Overweight | Maintains | $20.00 |
Aug 11, 2023 | Barrington Research | Gary Prestopino | Outperform | Reiterates | $25.00 |
The following stocks are similar to KAR Auction based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Openlane Inc. has a market capitalization of $2.39B with a P/E ratio of 38.4x. The company generates $1.82B in trailing twelve-month revenue with a 7.1% profit margin.
Revenue growth is +7.0% quarter-over-quarter, while maintaining an operating margin of +17.2% and return on equity of +6.5%.
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Specializes in digital marketplaces for vehicle transactions.
The company operates a digital platform that connects dealers and commercial fleets for buying and selling vehicles, generating revenue through transaction fees and service offerings. By enhancing the efficiency of wholesale vehicle transactions, it streamlines logistics, thereby increasing inventory turnover for its clients.
Openlane Inc. significantly influences automotive retail, leasing, and financing sectors by providing scalable, technology-driven solutions that enhance visibility and data-driven decision-making. Its role in promoting industry standards and best practices positions it as a key player in the competitive landscape of wholesale automotive exchanges.
Consumer Cyclical
Auto & Truck Dealerships
4,080
Mr. Peter J. Kelly
United States
2009
OPENLANE, Inc. (NYSE: KAR) will hold its Q1 2025 earnings conference call on May 7, 2025, at 5:00 PM ET, featuring key executives and financial analysts.
Earnings calls provide insights into a company's financial health and future prospects, influencing stock performance and investor sentiment. Key details from OPENLANE's Q1 2025 results will be pivotal.
OPENLANE, Inc. (NYSE: KAR) reported Q1 2025 results: revenue of $460M (+7% YoY), income from operations of $37M (+99% YoY), and new $250M share repurchase program.
OPENLANE's strong revenue growth, significant increase in income, and cash flow highlight operational efficiency. The new share repurchase program signals confidence, potentially boosting shareholder value.
OPENLANE (KAR) reported Q3 earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.24 and up from $0.19 per share in the same quarter last year.
OPENLANE's earnings beat estimates and show year-over-year growth, indicating strong performance and potentially positive momentum, which can boost investor confidence and stock value.
OPENLANE (KAR) is expected to report earnings that may exceed analyst expectations due to a favorable combination of key factors.
OPENLANE (KAR) shows potential for an earnings beat, signaling strong financial performance, which can drive stock price appreciation and attract investor interest.
OPENLANE, Inc. (NYSE: KAR) has appointed Brad Herring as EVP and Chief Financial Officer, effective May 27, 2025, enhancing its leadership with over 30 years of financial management experience.
The appointment of Brad Herring as CFO, with extensive financial management experience, signals potential for improved financial strategy and investor relations at OPENLANE, impacting stock performance.
Investors in Automotive - Original Equipment stocks may consider OPENLANE (KAR) and Ferrari (RACE) for potential value, with comparisons ongoing between their investment merits.
The comparison between OPENLANE and Ferrari highlights potential investment opportunities, signaling which stock may currently provide better value for investors seeking growth in the automotive sector.
Based on our analysis of 9 Wall Street analysts, Openlane Inc. (KAR) has a median price target of $24.50. The highest price target is $26.00 and the lowest is $22.00.
According to current analyst ratings, KAR has 4 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $22.30. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict KAR stock could reach $24.50 in the next 12 months. This represents a 9.9% increase from the current price of $22.30. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a digital platform that connects dealers and commercial fleets for buying and selling vehicles, generating revenue through transaction fees and service offerings. By enhancing the efficiency of wholesale vehicle transactions, it streamlines logistics, thereby increasing inventory turnover for its clients.
The highest price target for KAR is $26.00 from Jeff Lick at Stephens & Co., which represents a 16.6% increase from the current price of $22.30.
The lowest price target for KAR is $22.00 from Ryan Brinkman at JP Morgan, which represents a -1.3% decrease from the current price of $22.30.
The overall analyst consensus for KAR is bullish. Out of 9 Wall Street analysts, 4 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $24.50.
Stock price projections, including those for Openlane Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.