Openlane (NYSE:OPLN) Receives $38.00 Average Price Target from Analysts

Posted by Francis Steltz on May 24th, 2026

Openlane (NYSE:OPLN – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $38.00.

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Openlane from $31.00 to $33.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Northcoast Research set a $40.00 price target on shares of Openlane in a research report on Wednesday, May 6th. Robert W. Baird set a $40.00 price target on shares of Openlane in a research report on Wednesday, May 6th. Zacks Research raised shares of Openlane from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings cut shares of Openlane from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, March 3rd.

Check Out Our Latest Research Report on OPLN

Openlane Stock Performance

Shares of OPLN stock opened at $35.40 on Tuesday. Openlane has a 52-week low of $21.84 and a 52-week high of $38.52. The company has a market capitalization of $3.75 billion, a PE ratio of -34.70, a PEG ratio of 1.83 and a beta of 1.22. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.42. The firm has a 50 day simple moving average of $31.21.

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 analysts’ consensus estimates of $0.32 by $0.03. Openlane had a net margin of 9.47% and a return on equity of 13.00%. The firm had revenue of $527.90 million for the quarter. During the same period in the previous year, the business posted $0.31 earnings per share. Openlane’s revenue was up 14.8% compared to the same quarter last year. Openlane has set its FY 2026 guidance at 1.280-1.420 EPS. As a group, sell-side analysts predict that Openlane will post 1.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Charles S. Coleman sold 19,763 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $35.86, for a total transaction of $708,701.18. Following the completion of the sale, the executive vice president directly owned 74,334 shares of the company’s stock, valued at approximately $2,665,617.24. This represents a 21.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William Clyde Mitchell sold 6,500 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $36.04, for a total value of $234,260.00. Following the sale, the insider directly owned 15,914 shares of the company’s stock, valued at approximately $573,540.56. The trade was a 29.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 111,972 shares of company stock valued at $4,018,932 in the last quarter. 2.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On Openlane

Several institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its position in Openlane by 6.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,549 shares of the company’s stock valued at $162,000 after acquiring an additional 353 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in Openlane in the 4th quarter valued at $26,000. First Horizon Corp bought a new stake in Openlane in the 4th quarter valued at $27,000. Allworth Financial LP bought a new stake in Openlane in the 4th quarter valued at $38,000. Finally, Nomura Asset Management Co. Ltd. bought a new stake in Openlane in the 4th quarter valued at $39,000. 99.76% of the stock is owned by institutional investors.

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.