OPENLANE, Inc. (KAR)
NYSE: KAR · Real-Time Price · USD
16.74
+0.27 (1.64%)
Sep 26, 2024, 4:00 PM EDT - Market closed
OPENLANE Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for OPENLANE stock have an average target of 20.2, with a low estimate of 16 and a high estimate of 25. The average target predicts an increase of 20.67% from the current stock price of 16.74.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 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 | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +49.34% | Sep 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +49.34% | Aug 22, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +49.34% | Aug 5, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $25 | Buy | Reiterates | $25 | +49.34% | May 2, 2024 |
| Baird | Baird | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +19.47% | May 2, 2024 |
Financial Forecast
Revenue This Year
1.71B
from 1.65B
Increased by 4.07%
Revenue Next Year
1.80B
from 1.71B
Increased by 5.26%
EPS This Year
0.80
from -1.82
EPS Next Year
0.94
from 0.80
Increased by 18.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 2.0B |
| Avg | 1.7B | 1.8B | 2.0B |
| Low | 1.6B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.6% | 13.8% | 13.7% |
| Avg | 4.1% | 5.3% | 9.4% |
| Low | -1.6% | -0.5% | 6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.87 | 1.05 | 1.37 |
| Avg | 0.80 | 0.94 | 1.31 |
| Low | 0.73 | 0.85 | 1.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 31.3% | 44.7% |
| Avg | - | 18.0% | 39.2% |
| Low | - | 6.6% | 35.0% |
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.