KAR icon

Openlane

29.09 USD
-0.06
0.21%
At close Updated Sep 19, 4:00 PM EDT
Pre-market
After hours
29.09
0.00
0%
1 day
-0.21%
5 days
0.31%
1 month
3.56%
3 months
30.57%
6 months
38.33%
Year to date
44.15%
1 year
71.93%
5 years
98.03%
10 years
110.34%
 

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

0
Funds holding %
of 7,466 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

52% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 29

27% more capital invested

Capital invested by funds: $2.12B [Q1] → $2.68B (+$564M) [Q2]

25% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 84

20% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]

5% more funds holding

Funds holding: 257 [Q1] → 269 (+12) [Q2]

0.44% less ownership

Funds ownership: 102.71% [Q1] → 102.26% (-0.44%) [Q2]

18% less call options, than puts

Call options by funds: $1.04M | Put options by funds: $1.27M

Research analyst outlook

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

Low target
$25
14% downside
Avg. target
$30
3% upside
High target
$35
20% upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
Stephens & Co.
Jeff Lick
$35
Overweight
Maintained
10 Sep 2025
JP Morgan
Rajat Gupta
$25
Neutral
Maintained
7 Aug 2025
Barrington Research
Gary Prestopino
$30
Outperform
Maintained
6 Aug 2025

Financial journalist opinion

Based on 3 articles about KAR published over the past 30 days

Neutral
PRNewsWire
11 days ago
OPENLANE to Repurchase 53% of Series A Convertible Preferred Stock
CARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020.
OPENLANE to Repurchase 53% of Series A Convertible Preferred Stock
Neutral
PRNewsWire
17 days ago
OPENLANE Launches Audio Boost AI for Faster, Easier Vehicle Evaluations
AI-Powered Tool Pinpoints Engine Sound Anomalies to Boost Dealer Confidence CARMEL, Ind. , Sept. 3, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the launch of Audio Boost AI, a groundbreaking new feature on OPENLANE's US marketplace designed to give dealers deeper confidence and speed when evaluating vehicles.
OPENLANE Launches Audio Boost AI for Faster, Easier Vehicle Evaluations
Positive
Zacks Investment Research
22 days ago
OPENLANE (KAR) Is Up 2.78% in One Week: What You Should Know
Does OPENLANE (KAR) have what it takes to be a top stock pick for momentum investors? Let's find out.
OPENLANE (KAR) Is Up 2.78% in One Week: What You Should Know
Positive
Seeking Alpha
1 month ago
Openlane: Buy On Improving Industry Fundamentals And Debt Payoff (Upgrade)
I am upgrading OPENLANE to Buy after strong Q2 2025 results, debt elimination, and a robust share repurchase program. KAR is delivering profitable growth, expanding its dealer network, and prioritizing digital marketplace capabilities and financing integration. The company boasts strong free cash flow, low stock-based compensation, and a $250 million buyback authorization through 2026.
Openlane: Buy On Improving Industry Fundamentals And Debt Payoff (Upgrade)
Positive
Zacks Investment Research
1 month ago
Are You Looking for a Top Momentum Pick? Why OPENLANE (KAR) is a Great Choice
Does OPENLANE (KAR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why OPENLANE (KAR) is a Great Choice
Positive
The Motley Fool
1 month ago
Openlane (KAR) Q2 Revenue Jumps 9%
Openlane (KAR 15.70%), a leading digital marketplace operator for wholesale used vehicles, reported its second quarter 2025 earnings on August 6, 2025. The most notable news from the release was a significant beat on both the top and bottom line: GAAP revenue reached $482 million, handily outpacing the consensus estimate of $454.5 million.
Openlane (KAR) Q2 Revenue Jumps 9%
Neutral
Seeking Alpha
1 month ago
OPENLANE, Inc. (KAR) Q2 2025 Earnings Call Transcript
OPENLANE, Inc. (NYSE:KAR ) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants Bradley Herring - Executive VP & CFO Itunu Orelaru - Head of Investor Relations Peter J. Kelly - CEO & Director Conference Call Participants Bret David Jordan - Jefferies LLC, Research Division Craig R.
OPENLANE, Inc. (KAR) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
OPENLANE (KAR) Tops Q2 Earnings and Revenue Estimates
OPENLANE (KAR) came out with quarterly earnings of $0.33 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) Tops Q2 Earnings and Revenue Estimates
Neutral
PRNewsWire
1 month ago
OPENLANE, Inc. Reports Second Quarter 2025 Financial Results
Marketplace dealer volume growth of 21% YoY Gross Merchandise Value (GMV) of approximately $7.5 billion, representing 10% YoY growth Revenue of $482 million, representing 9% YoY growth, driven by 24% growth in auction fee revenue Income from continuing operations of $33 million, representing 212% YoY growth Adjusted EBITDA of $87 million, representing 21% YoY growth Cash flow from operating activities of $72 million, representing 91% YoY growth Adjusted Free Cash Flow of $87 million, representing 34% YoY growth Raised full year guidance for Adjusted EBITDA and Operating Adjusted EPS CARMEL, Ind. , Aug. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2025.
OPENLANE, Inc. Reports Second Quarter 2025 Financial Results
Positive
Zacks Investment Research
1 month ago
OPENLANE (KAR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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: What to Know Ahead of Next Week's Release
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