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KAR Auction Services Inc (KAR) Stock Forecast & Price Prediction

Live KAR Stock Price & Analysis

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$20.67

-0.17 (-0.82%)

12 Month Price Forecast For KAR

$20.67
Current Price
$2.21B
Market Cap
8 Ratings
Buy 4
Hold 4
Sell 0
Wall St Analyst Ratings

Distance to KAR Price Forecasts

+20.9%
To High Target of $25.00
+6.4%
To Median Target of $22.00
-8.1%
To Low Target of $19.00

KAR Price Momentum

+1.8%
1 Week Change
+1.9%
1 Month Change
+43.9%
1 Year Change
+4.2%
Year-to-Date Change
-1.8%
From 52W High of $21.05
+60.7%
From 52W Low of $12.86

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Disclaimer: 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.

Data last updated: February 8, 2025 3:52 AM UTC

KAR Analyst Ratings & Price Targets

Based on our analysis of 9 Wall Street analysts, KAR has a consensus that is neutral. The median price target is $22.00, with forecasts ranging from $19.00 to $25.00. Currently, there are 4 Buy ratings, 4 Hold ratings, and 0 Sell ratings.

With KAR currently trading at $20.67, the median price forecast suggests a 6.4% upside. The most optimistic forecast comes from Gary Prestopino at Barrington Research, projecting a 20.9% upside, while Stephanie Benjamin at Truist Securities provides the most conservative target, suggesting a -8.1% 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.

KAR Analyst Consensus

4
Buy
4
Hold
0
Sell

KAR Price Target Range

Low
$19.00
Average
$22.00
High
$25.00
Current: $20.67

Latest KAR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for KAR.

Date Firm Analyst Rating Change Price Target
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 Baird Craig Kennison Outperform Maintains $20.00
May 2, 2024 Barrington Research Gary Prestopino Outperform Reiterates $25.00
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
May 3, 2023 Stephens & Co. Daniel Imbro Equal-Weight Reiterates $13.00
Feb 23, 2023 Barrington Research Gary Prestopino Outperform Reiterates $25.00
Feb 22, 2023 Stephens & Co. Daniel Imbro Equal-Weight Reiterates $13.00
Jan 9, 2023 B of A Securities John Murphy Underperform Downgrade $17.00
Nov 3, 2022 JP Morgan Ryan Brinkman Overweight Maintains $22.00

Stocks Similar to KAR Auction Services Inc

The following stocks are similar to KAR Auction Services based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

KAR Auction Services Inc (KAR) Financial Data

KAR Auction Services Inc has a market capitalization of $2.21B with a P/E ratio of 114.7x. The company generates $1.69B in trailing twelve-month revenue with a 4.3% profit margin.

Revenue growth is +7.7% quarter-over-quarter, while maintaining an operating margin of +16.3% and return on equity of +3.7%.

Valuation Metrics

Market Cap $2.21B
Enterprise Value $4.57B
P/E Ratio 114.7x
PEG Ratio 21.5x
Price/Sales 1.3x

Growth & Margins

Revenue Growth (YoY) +7.7%
Gross Margin +43.8%
Operating Margin +16.3%
Net Margin +4.3%
EPS Growth +123.6%

Financial Health

Cash/Price Ratio +6.0%
Current Ratio 1.1x
Debt/Equity 95.9x
ROE +3.7%
ROA +3.4%

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KAR Auction Services Inc (KAR) Company Overview

About KAR Auction Services Inc

What They Do

Operates a digital marketplace for used vehicles.

Business Model

The company generates revenue through two main segments: Marketplace and Finance. The Marketplace segment offers a digital platform for buying and selling used vehicles, providing ancillary services such as logistics and vehicle inspection. The Finance segment offers inventory-secured financing to independent vehicle dealers, facilitating their purchasing capabilities.

Additional Information

OPENLANE, Inc. serves a diverse customer base, including vehicle manufacturers, fleet companies, and rental car companies. It was formerly known as KAR Auction Services, Inc. and rebranded in May 2023. The company has a significant presence in North America, Europe, the Philippines, and Uruguay, indicating a broad operational footprint.

Company Information

Sector

Consumer Cyclical

Industry

Auto & Truck Dealerships

Employees

3,825

CEO

Mr. Peter J. Kelly

Country

United States

IPO Year

2009

KAR Auction Services Inc (KAR) Latest News & Analysis

KAR stock latest news image
Quick Summary

OPENLANE, Inc. (NYSE: KAR) will announce its Q4 and full year 2024 financial results on February 19, 2025, after market close.

Why It Matters

OPENLANE's upcoming financial results release may impact its stock price and investor sentiment, providing insights into the company's performance and market trends in the used vehicle sector.

Source: PRNewsWire
Market Sentiment: Neutral
KAR stock latest news image
Quick Summary

TSLA, GM, DORM, KAR, and BLBD are expected to sustain strong momentum in 2025 due to industry optimism, innovation, and cost efficiency.

Why It Matters

Strong momentum for TSLA, GM, DORM, KAR, and BLBD in 2025 suggests potential growth and profitability, reflecting positive market sentiment and strategic advancements in the automotive sector.

Source: Zacks Investment Research
Market Sentiment: Positive
KAR stock latest news image
Quick Summary

OPENLANE (KAR) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects.

Why It Matters

The upgrade to Zacks Rank #2 signals increased confidence in OPENLANE's earnings potential, likely attracting more investment and driving stock prices higher.

Source: Zacks Investment Research
Market Sentiment: Positive
KAR stock latest news image
Quick Summary

OPENLANE, Inc. (KAR) has reached a key support level, with its 50-day moving average crossing above the 200-day moving average, indicating a potential bullish trend.

Why It Matters

KAR's golden cross indicates bullish momentum, suggesting potential for price appreciation. A key support level may attract buyers, enhancing trader confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
KAR stock latest news image
Quick Summary

Karrier One is enhancing global connectivity through SCION service integration, a validator node on Sui, and adopting the Walrus decentralized storage protocol, with expansion plans to Asia.

Why It Matters

Karrier One's initiatives signal growth potential and technological advancement in the telecom sector, which could enhance market competitiveness and attract investor interest.

Source: Business Wire
Market Sentiment: Neutral
KAR stock latest news image
Quick Summary

OPENLANE, Inc. (NYSE: KAR) will hold a virtual Investor Update on November 19, 2024, at 10:00 a.m. for stakeholders.

Why It Matters

The virtual Investor Update may provide insights into OPENLANE's performance and strategies, influencing stock performance and investor sentiment.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About KAR Stock

What is KAR Auction Services Inc's (KAR) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, KAR Auction Services Inc (KAR) has a median price target of $22.00. The highest price target is $25.00 and the lowest is $19.00.

Is KAR stock a good investment in 2025?

According to current analyst ratings, KAR has 4 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $20.67. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for KAR stock?

Wall Street analysts predict KAR stock could reach $22.00 in the next 12 months. This represents a 6.4% increase from the current price of $20.67. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is KAR Auction Services Inc's business model?

The company generates revenue through two main segments: Marketplace and Finance. The Marketplace segment offers a digital platform for buying and selling used vehicles, providing ancillary services such as logistics and vehicle inspection. The Finance segment offers inventory-secured financing to independent vehicle dealers, facilitating their purchasing capabilities.

What is the highest forecasted price for KAR KAR Auction Services Inc?

The highest price target for KAR is $25.00 from Gary Prestopino at Barrington Research, which represents a 20.9% increase from the current price of $20.67.

What is the lowest forecasted price for KAR KAR Auction Services Inc?

The lowest price target for KAR is $19.00 from Stephanie Benjamin at Truist Securities, which represents a -8.1% decrease from the current price of $20.67.

What is the overall KAR consensus from analysts for KAR Auction Services Inc?

The overall analyst consensus for KAR is neutral. Out of 9 Wall Street analysts, 4 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $22.00.

How accurate are KAR stock price projections?

Stock price projections, including those for KAR Auction Services 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.