Open Lending Corporation (LPRO)
NASDAQ: LPRO · Real-Time Price · USD
5.87
-0.02 (-0.34%)
Dec 20, 2024, 4:00 PM EST - Market closed
Open Lending Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Open Lending stock have an average target of 6.80, with a low estimate of 5.00 and a high estimate of 8.00. The average target predicts an increase of 15.84% from the current stock price of 5.87.
Analyst Consensus: Buy
* Price targets were last updated on Aug 12, 2024.
Analyst Ratings
The average analyst rating for Open Lending stock from 7 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 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 2, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +36.29% | Aug 12, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +19.25% | Aug 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $6 → $5 | Hold | Maintains | $6 → $5 | -14.82% | Aug 9, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 22, 2024 |
Financial Forecast
Revenue This Year
107.11M
from 117.46M
Decreased by -8.81%
Revenue Next Year
122.82M
from 107.11M
Increased by 14.67%
EPS This Year
0.10
from 0.18
Decreased by -45.22%
EPS Next Year
0.20
from 0.10
Increased by 103.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 112.1M | 140.2M | 164.4M | |||
| Avg | 107.1M | 122.8M | 144.5M | |||
| Low | 100.7M | 97.8M | 124.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -4.6% | 30.9% | 33.9% | |||
| Avg | -8.8% | 14.7% | 17.7% | |||
| Low | -14.2% | -8.7% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.12 | 0.27 | 0.35 |
| Avg | 0.10 | 0.20 | 0.31 |
| Low | 0.08 | 0.07 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -35.8% | 176.9% | 72.4% |
| Avg | -45.2% | 103.8% | 56.5% |
| Low | -56.4% | -30.4% | 21.9% |
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.