Openlane (NYSE:OPLN) Issues FY 2026 Earnings Guidance

Openlane (NYSE:OPLN) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.280-1.420 for the period, compared to the consensus EPS estimate of 1.320. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several research firms have weighed in on OPLN. Barclays lifted their target price on Openlane from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Weiss Ratings cut Openlane from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. boosted their target price on Openlane from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Northcoast Research upgraded Openlane from a “neutral” rating to a “buy” rating and set a $34.00 price objective for the company in a research note on Monday, March 30th. Finally, Stephens boosted their price objective on Openlane from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Openlane presently has an average rating of “Moderate Buy” and a consensus target price of $33.50.

Openlane Stock Up 10.6%

OPLN stock traded up $3.41 on Tuesday, reaching $35.47. 1,357,030 shares of the company’s stock were exchanged, compared to its average volume of 874,061. The company has a fifty day moving average of $29.03. Openlane has a twelve month low of $18.99 and a twelve month high of $36.25. The company has a market cap of $3.76 billion, a price-to-earnings ratio of -29.80 and a beta of 1.22. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.16 and a current ratio of 1.16.

Openlane (NYSE:OPLN) last posted its earnings results on Tuesday, May 5th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The company had revenue of $527.90 million for the quarter. Openlane had a return on equity of 12.74% and a net margin of 9.19%.The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. Openlane has set its FY 2026 guidance at 1.280-1.420 EPS. On average, equities research analysts predict that Openlane will post 1.34 EPS for the current fiscal year.

Insider Activity

In other news, EVP James P. Coyle sold 88,444 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $28.83, for a total value of $2,549,840.52. Following the sale, the executive vice president directly owned 63,869 shares in the company, valued at $1,841,343.27. This represents a 58.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.22% of the stock is owned by corporate insiders.

Institutional Trading of Openlane

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of Montreal Can purchased a new position in Openlane during the fourth quarter worth about $220,158,000. Dimensional Fund Advisors LP acquired a new stake in Openlane during the fourth quarter worth about $200,309,000. State Street Corp acquired a new stake in Openlane during the fourth quarter worth about $127,581,000. Neuberger Berman Group LLC acquired a new stake in Openlane during the fourth quarter worth about $103,876,000. Finally, Invesco Ltd. acquired a new stake in Openlane during the fourth quarter worth about $87,868,000. 99.76% of the stock is currently owned by hedge funds and other institutional investors.

About Openlane

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.