Openlane
KAR
Market cap $2.41B

22.43 USD

+0.31

1.40%

Updated May 22, 11:47 AM EDT

1 day

1.40%

5 days

0.27%

1 month

20.66%

3 months

7.12%

6 months

12.49%

Year to date

11.15%

1 year

32.49%

5 years

79.15%

10 years

-40.27%

About: Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.

Employees: 4,800

Consumer Discretionary Auto & Truck Dealerships

0

Funds holding %

of 7,245 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

61% more call options, than puts

Call options by funds: $339K | Put options by funds: $211K

50% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 28

25% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 5 (+1) [Q1 2025]

4% more funds holding

Funds holding: 245 [Q4 2024] → 254 (+9) [Q1 2025]

1.12% more ownership

Funds ownership: 101.46% [Q4 2024] → 102.58% (+1.12%) [Q1 2025]

1% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 82

2% less capital invested

Capital invested by funds: $2.15B [Q4 2024] → $2.11B (-$36.2M) [Q1 2025]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$20

11%

downside

Avg. target

$23

3%

upside

High target

$26

16%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

JP Morgan Ryan Brinkman	11%downside $20	Neutral Downgraded	27 Mar 2025
Stephens & Co. Jeff Lick	16%upside $26	Overweight Upgraded	28 Feb 2025

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about KAR published over the past 30 days

OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript

OPENLANE, Inc. (NYSE:KAR ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jared Harnish - IR Peter Kelly - CEO Ryan Miller - VP of Finance, Marketplace Business Conference Call Participants Craig Kennison - Baird Rajat Gupta - JPMorgan Jeff Lick - Stephens Bret Jordan - Jefferies Operator Good day, and welcome to the OPENLANE's First Quarter 2025 Earnings Call. All participants will be in a listen-only mode.

OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript

Zacks Investment Research

OPENLANE (KAR) Beats Q1 Earnings and Revenue Estimates

OPENLANE (KAR) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.

OPENLANE (KAR) Beats Q1 Earnings and Revenue Estimates

OPENLANE, Inc. Reports First Quarter 2025 Financial Results

Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99% YoY growth Adjusted EBITDA of $83 million, representing 11% YoY growth Cash flow from operating activities of $123 million, representing 22% YoY growth Authorized new $250 million share repurchase program CARMEL, Ind. , May 7, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its first quarter financial results for the period ended March 31, 2025.

OPENLANE, Inc. Reports First Quarter 2025 Financial Results

Zacks Investment Research

OPENLANE (KAR) Earnings Expected to Grow: Should You Buy?

OPENLANE (KAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OPENLANE (KAR) Earnings Expected to Grow: Should You Buy?

OPENLANE Names Brad Herring Chief Financial Officer

Bolsters Leadership Bench With More Than 30 Years of Financial Management and Investor Relations Expertise CARMEL, Ind. , April 22, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the company has named Brad Herring as EVP and Chief Financial Officer effective May 27, 2025.

OPENLANE Names Brad Herring Chief Financial Officer

Zacks Investment Research

KAR or RACE: Which Is the Better Value Stock Right Now?

Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (KAR) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?

KAR or RACE: Which Is the Better Value Stock Right Now?

OPENLANE to Announce First Quarter 2025 Earnings

CARMEL, Ind. , April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025.

OPENLANE to Announce First Quarter 2025 Earnings

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

Openlane currently has a vacant CFO position. Remaining management was recently awarded new time-based RSUs. Openlane operates in an attractive wholesale auto market which is large, fragmented and ripe for consolidation, particularly given the current tariff situation for new autos.

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript

OPENLANE, Inc. (NYSE:KAR ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Itunu Orelaru - Head-Investor Relations Peter Kelly - Chief Executive Officer Brad Lakhia - Executive Vice President and Chief Financial Officer Conference Call Participants Rajat Gupta - JPMorgan Craig Kennison - Baird John Murphy - Bank of America Bret Jordan - Jefferies Operator Good day and welcome to the OPENLANE Fourth Quarter and Year-End Results 2024 Conference Call. All participants will be in listen-only mode.

OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript

Zacks Investment Research

OPENLANE (KAR) Q4 Earnings Match Estimates

OPENLANE (KAR) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago.

OPENLANE (KAR) Q4 Earnings Match Estimates

See News Rankings

Charts implemented using Lightweight Charts™