Openlane (NYSE:OPLN) Downgraded by Zacks Research to Hold

Posted by Francis Steltz on Sep 9th, 2026

Openlane (NYSE:OPLN – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

A number of other equities research analysts have also recently commented on OPLN. Stephens restated an “overweight” rating and issued a $42.00 price target on shares of Openlane in a report on Thursday, June 11th. Bank of America upped their price objective on shares of Openlane from $37.00 to $44.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of Openlane in a research note on Wednesday, August 26th. Wall Street Zen downgraded Openlane from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Barclays boosted their target price on Openlane from $46.00 to $49.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Openlane presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.83.

Read Our Latest Stock Analysis on Openlane

Openlane Price Performance

Openlane stock opened at $34.97 on Monday. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of -41.14, a PEG ratio of 2.18 and a beta of 1.26. Openlane has a 52-week low of $24.32 and a 52-week high of $42.90. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s 50 day moving average price is $37.72 and its two-hundred day moving average price is $34.48.

Openlane (NYSE:OPLN – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. Openlane had a net margin of 9.67% and a return on equity of 12.81%. The company had revenue of $554.60 million during the quarter. The company’s quarterly revenue was up 15.1% on a year-over-year basis. Openlane has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities analysts predict that Openlane will post 1.45 earnings per share for the current year.

Insider Buying and Selling

In other Openlane news, CEO Peter Kelly purchased 14,830 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was acquired at an average price of $33.72 per share, for a total transaction of $500,067.60. Following the purchase, the chief executive officer owned 14,830 shares of the company’s stock, valued at $500,067.60. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.22% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in OPLN. BlackRock Inc. acquired a new position in shares of Openlane during the second quarter valued at about $660,070,000. Bank of Montreal Can acquired a new stake in shares of Openlane in the 4th quarter worth about $220,158,000. Dimensional Fund Advisors LP acquired a new stake in shares of Openlane in the 4th quarter worth about $200,309,000. California State Teachers Retirement System lifted its position in Openlane by 3,908.8% in the 2nd quarter. California State Teachers Retirement System now owns 5,103,409 shares of the company’s stock valued at $210,465,000 after acquiring an additional 4,976,105 shares in the last quarter. Finally, State Street Corp bought a new position in Openlane in the 4th quarter valued at about $127,581,000. 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.