• Consensus Rating: Moderate Buy
  • Consensus Price Target: $18.75
  • Forecasted Upside: 24.67%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$15.04
▲ +0.03 (0.20%)

This chart shows the closing price for KAR by one month, three months, or twelve months.

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Analyst Price Target for KAR

Analyst Price Target is $18.75
▲ +24.67% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for OPENLANE in the last 3 months. The average price target is $18.75, with a high forecast of $25.00 and a low forecast of $13.00. The average price target represents a 24.67% upside from the last price of $15.04.

This chart shows the closing price for KAR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 polled investment analysts is to moderate buy stock in OPENLANE. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/6/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/5/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/3/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/29/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/28/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/21/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$25.00Low
12/5/2023StephensReiterated RatingEqual Weight ➝ Equal Weight$13.00Low
10/16/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00Low
8/11/2023Barrington ResearchReiterated RatingOutperform ➝ Outperform$25.00Low
7/6/2023Bank of AmericaBoost Target$15.00 ➝ $17.00Low
2/23/2023Barrington ResearchReiterated RatingOutperform$25.00Low
2/22/2023StephensReiterated RatingEqual Weight$13.00N/A
1/9/2023Bank of AmericaDowngradeBuy ➝ Underperform$23.00 ➝ $17.00Low
11/3/2022JPMorgan Chase & Co.Lower TargetOverweight$25.00 ➝ $22.00Low
11/3/2022Robert W. BairdLower Target$22.00 ➝ $18.00Low
5/5/2022Robert W. BairdLower Target$25.00 ➝ $22.00High
5/4/2022CJS SecuritiesUpgradeMarket Perform ➝ Outperform$20.00Low
2/28/2022Northcoast ResearchDowngradeBuy ➝ Neutral$20.00Low
2/28/2022Robert W. BairdBoost Target$18.00 ➝ $25.00Low
2/25/2022GuggenheimUpgradeSell ➝ NeutralHigh
2/18/2022Robert W. BairdLower Target$22.00 ➝ $18.00Medium
5/27/2021Bank of AmericaUpgradeNeutral ➝ BuyLow
5/24/2021JPMorgan Chase & Co.Boost TargetOverweight$21.00 ➝ $24.00Medium
5/21/2021Bank of AmericaUpgradeUnderperform ➝ Buy$15.00 ➝ $26.00High
2/25/2021StephensReiterated RatingOverweight ➝ Equal Weight$23.00 ➝ $16.00Medium
2/18/2021StephensDowngradeOverweight ➝ Equal Weight$23.00 ➝ $16.00High
2/17/2021Truist FinancialDowngradeBuy ➝ Hold$19.00Low
2/17/2021GuggenheimDowngradeNeutral ➝ Sell$11.00Low
11/17/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
11/5/2020Robert W. BairdBoost TargetOutperform$72.00 ➝ $78.00Medium
10/22/2020JPMorgan Chase & Co.Boost TargetOverweight$22.00 ➝ $23.00Medium
10/1/2020StephensUpgradeEqual Weight ➝ OverweightLow
8/28/2020Barrington ResearchReiterated RatingBuyLow
8/13/2020Northcoast ResearchUpgradeNeutral ➝ Buy$22.00Medium
6/17/2020SunTrust BanksBoost TargetBuy$15.00 ➝ $20.00Low
5/8/2020SunTrust BanksLower TargetBuy$17.00 ➝ $15.00Medium
5/4/2020Barrington ResearchReiterated RatingBuy$25.00Medium
4/23/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00High
4/16/2020StephensLower TargetEqual Weight$14.00 ➝ $13.00Low
3/26/2020Barrington ResearchReiterated RatingBuy$40.00 ➝ $25.00Low
3/23/2020StephensLower TargetEqual Weight$22.00 ➝ $14.00High
3/18/2020Bank of AmericaDowngradeBuy ➝ NeutralHigh
3/10/2020GuggenheimUpgradeSell ➝ NeutralHigh
1/10/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$24.00High
11/7/2019CJS SecuritiesDowngradeOutperform ➝ Market PerformMedium
7/2/2019GuggenheimDowngradeNeutral ➝ Sell$20.00Low
7/1/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$25.00High
7/1/2019SunTrust BanksLower TargetBuy$65.00 ➝ $30.00High
6/28/2019Barrington ResearchReiterated RatingBuy$42.50High
6/28/2019Robert W. BairdInitiated CoverageOutperform ➝ OutperformHigh
5/3/2019Barrington ResearchReiterated RatingBuy$62.50Low
(Data available from 2/28/2019 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/2/2023
  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/1/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/31/2023
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/30/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/30/2023
  • 4 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/29/2024
  • 13 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/28/2024

Current Sentiment

  • 13 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
OPENLANE logo
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include BacklotCars, a live auction format that allows dealers to sell and source inventory in a bidding environment in the United States; TradeRev, an online automotive remarketing platform in Canada, where dealers can sell and source used vehicle inventory at any time; ADESA U.K., an online wholesale used vehicle remarketing business in the United Kingdom; and ADESA Europe, an online wholesale vehicle marketplace in Continental Europe. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and franchised and independent used vehicle dealers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Read More

Today's Range

Now: $15.04
Low: $14.94
High: $15.51

50 Day Range

MA: $14.46
Low: $13.77
High: $15.14

52 Week Range

Now: $15.04
Low: $12.19
High: $16.49

Volume

1,363,164 shs

Average Volume

726,236 shs

Market Capitalization

$1.63 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.43

Frequently Asked Questions

What sell-side analysts currently cover shares of OPENLANE?

The following equities research analysts have issued reports on OPENLANE in the last twelve months: Bank of America Co., Barrington Research, JPMorgan Chase & Co., Stephens, StockNews.com, and TheStreet.
View the latest analyst ratings for KAR.

What is the current price target for OPENLANE?

4 Wall Street analysts have set twelve-month price targets for OPENLANE in the last year. Their average twelve-month price target is $18.75, suggesting a possible upside of 24.7%. Barrington Research has the highest price target set, predicting KAR will reach $25.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $13.00 for OPENLANE in the next year.
View the latest price targets for KAR.

What is the current consensus analyst rating for OPENLANE?

OPENLANE currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for KAR.

What other companies compete with OPENLANE?

Other companies that are similar to OPENLANE include PHINIA, Custom Truck One Source, Dana, XPEL and Gentherm. Learn More about companies similar to OPENLANE.

How do I contact OPENLANE's investor relations team?

OPENLANE's physical mailing address is 11299 N. Illinois Street, CARMEL IN, 46032. The specialty retailer's listed phone number is (800) 923-3725 and its investor relations email address is [email protected]. The official website for OPENLANE is www.karauctionservices.com. Learn More about contacing OPENLANE investor relations.