Openlane (NYSE:OPLN) Issues FY 2026 Earnings Guidance

Openlane (NYSE:OPLN) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.400-1.500 for the period, compared to the consensus earnings per share estimate of 1.380. The company issued revenue guidance of -.

Analyst Ratings Changes

Several brokerages have issued reports on OPLN. Barclays set a $49.00 target price on Openlane in a report on Thursday. Robert W. Baird set a $40.00 target price on Openlane in a report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Openlane in a research note on Friday, May 29th. JPMorgan Chase & Co. raised Openlane from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $33.00 to $38.00 in a research note on Wednesday, May 27th. Finally, Zacks Research upgraded shares of Openlane from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $43.83.

Openlane Trading Up 0.3%

Shares of NYSE:OPLN traded up $0.13 during midday trading on Thursday, hitting $38.35. The company had a trading volume of 25,722 shares, compared to its average volume of 946,089. The firm has a fifty day simple moving average of $39.24 and a 200 day simple moving average of $33.53. The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 0.34. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of -45.15, a PEG ratio of 2.16 and a beta of 1.28. Openlane has a 12 month low of $24.32 and a 12 month high of $42.90.

Openlane (NYSE:OPLN) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. Openlane had a net margin of 9.67% and a return on equity of 12.81%. The business had revenue of $554.60 million during the quarter. The business’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, analysts predict that Openlane will post 1.45 EPS for the current year.

Insider Activity at Openlane

In other Openlane news, EVP Tobin P. Richer sold 4,000 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $38.31, for a total value of $153,240.00. Following the completion of the sale, the executive vice president owned 24,697 shares in the company, valued at $946,142.07. This trade represents a 13.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William Clyde Mitchell sold 6,500 shares of Openlane 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 transaction, the insider owned 15,914 shares of the company’s stock, valued at $573,540.56. This represents a 29.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.22% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank bought a new stake in Openlane during the fourth quarter worth $63,000. Smartleaf Asset Management LLC bought a new position in shares of Openlane during the fourth quarter valued at about $116,000. Royal Bank of Canada bought a new stake in Openlane in the fourth quarter valued at approximately $175,000. Mackenzie Financial Corp purchased a new stake in shares of Openlane during the fourth quarter valued at approximately $200,000. Finally, Cibc World Markets Corp bought a new stake in Openlane during the 4th quarter valued at $208,000. 99.76% of the stock is owned by institutional investors and hedge funds.

Openlane Company Profile

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.