From what 0 stock analysts predict, the share price for Open Lending Corp (LPRO) might increase by 24% in the next year. This is based on a 12-month average estimation for LPRO. Price targets go from $5 to $10. The majority of stock analysts believe LPRO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned LPRO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Open Lending Corp to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LPRO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LPRO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mayank Tandon Needham | Hold | Reiterates | Oct 2, 2024 | |
Peter Heckmann DA Davidson | Buy | $8 | Maintains | Aug 12, 2024 |
David Scharf JMP Securities | Market Outperform | $7 | Maintains | Aug 9, 2024 |
James Faucette Morgan Stanley | Equal-Weight | $5 | Maintains | Aug 9, 2024 |
Mayank Tandon Needham | Hold | Downgrade | Jul 22, 2024 | |
Vincent Caintic BTIG | Neutral | Assumes | Jun 7, 2024 | |
Joseph Vafi Canaccord Genuity | Hold | $6 | Maintains | May 8, 2024 |
Mayank Tandon Needham | Buy | $7 | Maintains | May 8, 2024 |
Joseph Vafi Canaccord Genuity | Hold | $7 | Maintains | Mar 26, 2024 |
David Scharf JMP Securities | Market Outperform | $8 | Reiterates | Mar 26, 2024 |
John Davis Raymond James | Outperform | $8 | Maintains | Mar 26, 2024 |
Joseph Vafi Canaccord Genuity | Hold | $7.5 | Maintains | Feb 29, 2024 |
Mayank Tandon Needham | Buy | $8 | Reiterates | Feb 28, 2024 |
James Faucette Morgan Stanley | Equal-Weight | $7 | Upgrade | Feb 6, 2024 |
David Scharf JMP Securities | Market Outperform | $9 | Maintains | Jan 12, 2024 |
Mayank Tandon Needham | Buy | $8 | Maintains | Nov 9, 2023 |
James Faucette Morgan Stanley | Underweight | $4 | Maintains | Nov 8, 2023 |
John Davis Raymond James | Outperform | $8 | Maintains | Nov 8, 2023 |
Vincent Caintic Stephens & Co. | Equal-Weight | $6 | Maintains | Nov 8, 2023 |
Joseph Vafi Canaccord Genuity | Hold | $5.5 | Downgrade | Nov 8, 2023 |
When did it IPO
2019
Staff Count
210
Country
United States
Sector/Industry
Financial Services/Credit Services
CEO
Mr. Charles D. Jehl
Market Cap
$685.7M
In 2023, LPRO generated $117.5M in revenue, which was a decrease of -34.60% from the previous year. This can be seen as a signal that LPRO's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Jehl's financial, operational, and leadership expertise is expected to position the company for future growth.
Why It Matters - Jehl's expertise signals strong management, likely enhancing company performance and growth prospects, which can positively influence stock value and investor confidence.
Summary - Open Lending Corporation (NASDAQ: LPRO) released its Near- and Non-Prime Consumer Update, detailing Q1 trends in vehicle sales, interest rates, payment trends, and consumer preferences.
Why It Matters - Open Lending's quarterly report on near- and non-prime consumer trends provides insights into automotive lending dynamics, influencing investor sentiment and potential market opportunities.
Summary - Open Lending Corporation (Nasdaq: LPRO) will attend the Canaccord Genuity 44th Annual Growth Conference on Aug. 12, 2024, participating in a fireside chat at 11:00am ET. Webcast available online.
Why It Matters - Open Lending's participation in a major conference highlights its visibility and engagement with investors, potentially influencing stock performance and investor sentiment.
Summary - Open Lending Corporation (NASDAQ:LPRO) will hold its Q2 2024 earnings conference call on August 8, 2024, at 5:00 PM ET, featuring key executives and analysts from major firms.
Why It Matters - The Q2 2024 earnings call for Open Lending could provide insights into the company's financial health and future guidance, impacting stock performance and investor sentiment.
Summary - Open Lending Corporation (Nasdaq: LPRO) announced its Q2 2024 financial results, highlighting its role in lending enablement and risk analytics for financial institutions.
Why It Matters - Open Lending's Q2 2024 financial results may impact its stock performance, reflecting operational health and strategic direction, influencing investor sentiment and market positioning.
Summary - Open Lending (LPRO) reported its revenue and EPS for Q2 2024, which should be evaluated against Wall Street estimates and year-over-year performance for a comprehensive analysis.
Why It Matters - Open Lending's revenue and EPS performance relative to Wall Street estimates and prior year figures will influence investor sentiment and stock valuation, impacting future investment decisions.