Analyst Price Target is $7.00
▼ -4.50% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Open Lending in the last 3 months. The average price target is $7.00, with a high forecast of $9.00 and a low forecast of $5.50. The average price target represents a -4.50% upside from the last price of $7.33.
Current Consensus is
The current consensus among 9 polled investment analysts is to hold stock in Open Lending. This Hold consensus rating has held steady for over two years.
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. It offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.