OPENLANE, Inc. (KAR)
NYSE: KAR · Real-Time Price · USD
20.50
+0.17 (0.84%)
Dec 24, 2024, 1:00 PM EST - Market closed
OPENLANE Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OPENLANE stock have an average target of 22, with a low estimate of 20 and a high estimate of 25. The average target predicts an increase of 7.32% from the current stock price of 20.50.
Analyst Consensus: Buy
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for OPENLANE stock from 4 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $21 → $23 | Buy | Maintains | $21 → $23 | +12.20% | Nov 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +21.95% | Nov 7, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +21.95% | Nov 4, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +21.95% | Sep 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +21.95% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
1.73B
from 1.65B
Increased by 5.10%
Revenue Next Year
1.80B
from 1.73B
Increased by 3.82%
EPS This Year
0.85
from -1.82
EPS Next Year
0.97
from 0.85
Increased by 13.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 2.0B |
| Avg | 1.7B | 1.8B | 1.9B |
| Low | 1.7B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 10.3% | 10.5% |
| Avg | 5.1% | 3.8% | 6.3% |
| Low | 1.3% | -2.5% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.89 | 1.07 | 1.31 |
| Avg | 0.85 | 0.97 | 1.26 |
| Low | 0.81 | 0.88 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 25.7% | 35.6% |
| Avg | - | 13.6% | 30.4% |
| Low | - | 3.5% | 26.6% |
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.