Open Lending Corporation (LPRO)
NASDAQ: LPRO · IEX Real-Time Price · USD
6.33
-0.31 (-4.67%)
Jul 18, 2024, 4:00 PM EDT - 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 7.20, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts an increase of 13.74% from the current stock price of 6.33.

Analyst Consensus: Buy
Target Low Average Median High
Price $6.00 $7.20 $7.00 $8.00
Change -5.21% +13.74% +10.58% +26.38%
* Price targets were last updated on May 8, 2024.

Analyst Ratings

The average analyst rating for Open Lending stock from 6 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111111
Buy 222222
Hold 444443
Sell 000000
Strong Sell 000000
Total 777776

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
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 -5.21% May 8, 2024
Needham
Needham
Strong Buy
Maintains
$8$7
Strong Buy Maintains $8$7 +10.58% May 8, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$8
Buy Reiterates $8 +26.38% Mar 26, 2024
Raymond James
Raymond James
Buy
Maintains
$8
Buy Maintains $8 +26.38% Mar 26, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
92.85M108.89M215.66M179.59M117.46M131.83M151.40M183.61M190.74M193.80M
Revenue Growth
77.90%17.28%98.04%-16.72%-34.60%12.23%14.84%21.27%3.88%1.60%
EPS
-2.97-1.091.160.530.180.220.320.48--
EPS Growth
----54.31%-66.04%21.52%46.31%51.39%--
Forward PE
-----28.9419.7813.07--
No. Analysts -----1211433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 202420252026
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 202420252026
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.