$16.75
-0.07-0.42%
At Close: -
$16.75
00.00%
After Hours: Jul 5, 4:00 PM EDT
15 minutes delayed
Openlane
KARNYSE
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Openlane (NYSE:KAR) Stock, Analyst Ratings, Price Targets, Forecasts
Openlane Inc has a consensus price target of $15.13 based on the ratings of 16 analysis. The 3 most-recent analyst ratings were released by Barrington Research, Baird, and B of A Securities on May 2, 2024, May 2, 2024, and April 10, 2024, respectively. With an average price target of $21.67 between Barrington Research, Baird, and B of A Securities, there's an implied 29.35% upside for Openlane Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Barrington Research
Baird
B of A Securities
Stephens & Co.
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Openlane
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/02/2024 | Buy Now | 49.25% | Barrington Research | Gary Prestopino | $25 → $25 | Reiterates | Outperform → Outperform | Get Alert |
| 05/02/2024 | Buy Now | 19.4% | Baird | Craig Kennison | $18 → $20 | Maintains | Outperform | Get Alert |
| 04/10/2024 | Buy Now | 19.4% | B of A Securities | John Murphy | $16 → $20 | Upgrade | Underperform → Neutral | Get Alert |
| 02/21/2024 | Buy Now | 49.25% | Barrington Research | Gary Prestopino | → $25 | Reiterates | Outperform → Outperform | Get Alert |
| 12/06/2023 | Buy Now | -4.48% | Stephens & Co. | Daniel Imbro | → $16 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 12/05/2023 | Buy Now | -22.39% | Stephens & Co. | Daniel Imbro | → $13 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 10/16/2023 | Buy Now | 19.4% | JP Morgan | Ryan Brinkman | $19 → $20 | Maintains | Overweight | Get Alert |
| 08/11/2023 | Buy Now | 49.25% | Barrington Research | Gary Prestopino | → $25 | Reiterates | Outperform → Outperform | Get Alert |
| 05/03/2023 | Buy Now | -22.39% | Stephens & Co. | Daniel Imbro | → $13 | Reiterates | → Equal-Weight | Get Alert |
| 02/23/2023 | Buy Now | 49.25% | Barrington Research | Gary Prestopino | → $25 | Reiterates | → Outperform | Get Alert |
| 02/22/2023 | Buy Now | -22.39% | Stephens & Co. | Daniel Imbro | → $13 | Reiterates | → Equal-Weight | Get Alert |
| 01/09/2023 | Buy Now | 1.49% | B of A Securities | John Murphy | $23 → $17 | Downgrade | Buy → Underperform | Get Alert |
| 11/03/2022 | Buy Now | 31.34% | JP Morgan | Ryan Brinkman | $25 → $22 | Maintains | Overweight | Get Alert |
| 05/04/2022 | Buy Now | — | CJS Securities | Robert Labick | — | Upgrade | Market Perform → Market Outperform | Get Alert |
| 02/28/2022 | Buy Now | 19.4% | Northcoast Research | John Healy | → $20 | Downgrade | Buy → Neutral | Get Alert |
| 02/25/2022 | Buy Now | — | Guggenheim | Ali Faghri | — | Upgrade | Sell → Neutral | Get Alert |
FAQ
What is the target price for Openlane (KAR) stock?
The latest price target for Openlane (NYSE:KAR) was reported by Barrington Research on May 2, 2024. The analyst firm set a price target for $25.00 expecting KAR to rise to within 12 months (a possible 49.25% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Openlane (KAR)?
The latest analyst rating for Openlane (NYSE:KAR) was provided by Barrington Research, and Openlane reiterated their outperform rating.
When was the last upgrade for Openlane (KAR)?
The last upgrade for Openlane Inc happened on April 10, 2024 when B of A Securities raised their price target to $20. B of A Securities previously had an underperform for Openlane Inc.
When was the last downgrade for Openlane (KAR)?
The last downgrade for Openlane Inc happened on January 9, 2023 when B of A Securities changed their price target from $23 to $17 for Openlane Inc.
When is the next analyst rating going to be posted or updated for Openlane (KAR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Openlane, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Openlane was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.
Is the Analyst Rating Openlane (KAR) correct?
While ratings are subjective and will change, the latest Openlane (KAR) rating was a reiterated with a price target of $25.00 to $25.00. The current price Openlane (KAR) is trading at is $16.75, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.