OPENLANE, Inc. (KAR)
NYSE: KAR · Real-Time Price · USD
19.94
+0.10 (0.50%)
Nov 22, 2024, 3:59 PM EST - Market closed
OPENLANE Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for OPENLANE stock have an average target of 20.8, with a low estimate of 16 and a high estimate of 25. The average target predicts an increase of 4.31% from the current stock price of 19.94.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for OPENLANE stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $21 → $23 | Buy | Maintains | $21 → $23 | +15.35% | Nov 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +25.38% | Nov 7, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +25.38% | Nov 4, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +25.38% | Sep 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +25.38% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
1.72B
from 1.65B
Increased by 4.74%
Revenue Next Year
1.80B
from 1.72B
Increased by 4.64%
EPS This Year
0.82
from -1.82
EPS Next Year
0.97
from 0.82
Increased by 18.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 2.0B |
| Avg | 1.7B | 1.8B | 1.9B |
| Low | 1.6B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.6% | 13.1% | 8.4% |
| Avg | 4.7% | 4.6% | 4.3% |
| Low | -0.1% | -1.1% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.89 | 1.07 | 1.31 |
| Avg | 0.82 | 0.97 | 1.26 |
| Low | 0.73 | 0.88 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 30.4% | 35.2% |
| Avg | - | 18.1% | 30.1% |
| Low | - | 7.4% | 26.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.