Open Lending Corporation (LPRO)
NASDAQ: LPRO · IEX Real-Time Price · USD
6.12
-0.21 (-3.32%)
At close: Jul 19, 2024, 4:00 PM
5.95
-0.17 (-2.78%)
Pre-market: Jul 22, 2024, 7:15 AM EDT
Open Lending Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Open Lending stock have an average target of 7.25, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts an increase of 18.46% from the current stock price of 6.12.
Analyst Consensus: Hold
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for Open Lending stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| 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 | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 22, 2024 |
| BTIG | BTIG | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 7, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | -1.96% | May 8, 2024 |
| Needham | Needham | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +14.38% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +30.72% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
131.83M
from 117.46M
Increased by 12.23%
Revenue Next Year
151.40M
from 131.83M
Increased by 14.84%
EPS This Year
0.22
from 0.18
Increased by 21.52%
EPS Next Year
0.32
from 0.22
Increased by 46.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 147.1M | 169.0M | 191.8M | 196.4M | 199.5M |
| Avg | 131.8M | 151.4M | 183.6M | 190.7M | 193.8M |
| Low | 118.7M | 124.2M | 174.0M | 183.3M | 186.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.2% | 28.2% | 26.7% | 6.9% | 4.6% |
| Avg | 12.2% | 14.8% | 21.3% | 3.9% | 1.6% |
| Low | 1.1% | -5.8% | 14.9% | -0.2% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.29 | 0.43 | 0.56 |
| Avg | 0.22 | 0.32 | 0.48 |
| Low | 0.17 | 0.18 | 0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.3% | 96.8% | 73.9% |
| Avg | 21.5% | 46.3% | 51.4% |
| Low | -7.4% | -19.4% | 28.6% |
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.