Open Lending Corporation (LPRO)
NASDAQ: LPRO · Real-Time Price · USD
6.38
+0.15 (2.41%)
Nov 21, 2024, 12:47 PM EST - Market open
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 6.58% from the current stock price of 6.38.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 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 | 7 | 6 | 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 | +25.39% | Aug 12, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +9.72% | Aug 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $6 → $5 | Hold | Maintains | $6 → $5 | -21.63% | 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
115.50M
from 117.46M
Decreased by -1.67%
Revenue Next Year
132.83M
from 115.50M
Increased by 15.00%
EPS This Year
0.16
from 0.18
Decreased by -12.57%
EPS Next Year
0.25
from 0.16
Increased by 61.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 127.2M | 153.0M | 172.2M | ||
| Avg | 115.5M | 132.8M | 155.8M | ||
| Low | 100.7M | 97.8M | 139.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 32.5% | 29.6% | ||
| Avg | -1.7% | 15.0% | 17.3% | ||
| Low | -14.2% | -15.3% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.20 | 0.39 | 0.41 |
| Avg | 0.16 | 0.25 | 0.37 |
| Low | 0.09 | 0.13 | 0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.8% | 146.9% | 61.4% |
| Avg | -12.6% | 61.2% | 44.7% |
| Low | -51.0% | -19.0% | 27.5% |
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.