Openlane (NYSE:OPLN) Issues FY 2026 Earnings Guidance

Openlane (NYSE:OPLN) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.240-1.380 for the period, compared to the consensus EPS estimate of 1.350. The company issued revenue guidance of -.

Openlane Stock Performance

Shares of NYSE OPLN opened at $29.24 on Friday. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of -24.57, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24. 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 has a twelve month low of $17.08 and a twelve month high of $31.78.

Openlane (NYSE:OPLN) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Openlane had a net margin of 9.19% and a return on equity of 12.74%. The firm had revenue of $494.30 million for the quarter. During the same quarter last year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. Openlane has set its FY 2026 guidance at 1.240-1.380 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Stephens lifted their target price on shares of Openlane from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Zacks Research downgraded shares of Openlane from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Barclays raised their price objective on shares of Openlane from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. JPMorgan Chase & Co. upped their price target on Openlane from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Weiss Ratings assumed coverage on shares of Openlane in a research note on Thursday, January 15th. They set a “buy (b-)” rating on the stock. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Hedge Funds Weigh In On Openlane

Several hedge funds have recently modified their holdings of OPLN. T. Rowe Price Investment Management Inc. purchased a new position in Openlane during the 4th quarter worth approximately $43,820,000. Invesco Ltd. purchased a new position in Openlane during the fourth quarter valued at $87,868,000. Mercer Global Advisors Inc. ADV acquired a new stake in Openlane in the 4th quarter worth about $215,000. State of Tennessee Department of Treasury acquired a new stake in shares of Openlane in the fourth quarter worth approximately $1,284,000. Finally, Mackenzie Financial Corp purchased a new stake in shares of Openlane during the fourth quarter worth $200,000. Institutional investors and hedge funds own 99.76% of the company’s stock.

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.