Open Lending Corporation (LPRO)
NASDAQ: LPRO · IEX Real-Time Price · USD
5.02
+0.09 (1.93%)
Apr 26, 2024, 1:07 PM EDT - Market open
Open Lending Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Open Lending stock have an average target of 7.33, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts an increase of 46.16% from the current stock price of 5.02.
Analyst Consensus: Buy
* Price targets were last updated on Mar 26, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $8 | Buy | Maintains | $8 | +59.52% | Mar 26, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $8 | Buy | Reiterates | $8 | +59.52% | Mar 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $7.5 → $7 | Hold | Maintains | $7.5 → $7 | +39.58% | Mar 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $5.5 → $7.5 | Hold | Maintains | $5.5 → $7.5 | +49.55% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +59.52% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
129.60M
from 117.46M
Increased by 10.34%
Revenue Next Year
151.32M
from 129.60M
Increased by 16.76%
EPS This Year
0.27
from 0.18
Increased by 47.33%
EPS Next Year
0.36
from 0.27
Increased by 34.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 150.9M | 170.4M | 199.7M | 196.4M | 199.5M |
| Avg | 129.6M | 151.3M | 194.0M | 190.7M | 193.8M |
| Low | 112.0M | 121.3M | 186.3M | 183.3M | 186.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.5% | 31.5% | 31.9% | 1.2% | 4.6% |
| Avg | 10.3% | 16.8% | 28.2% | -1.7% | 1.6% |
| Low | -4.6% | -6.4% | 23.1% | -5.5% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.34 | 0.47 | 0.61 |
| Avg | 0.27 | 0.36 | 0.59 |
| Low | 0.16 | 0.17 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 86.7% | 78.2% | 70.6% |
| Avg | 47.3% | 34.6% | 65.7% |
| Low | -12.9% | -37.2% | 59.2% |
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.