The latest price target for Openlane (NYSE:KAR) was reported by JP Morgan on November 20, 2024. The analyst firm set a price target for $23.00 expecting KAR to rise to within 12 months (a possible 13.36% upside). 10 analyst firms have reported ratings in the last year.

The latest analyst rating for Openlane (NYSE:KAR) was provided by JP Morgan, and Openlane maintained their overweight rating.

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.

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.

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 November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.

While ratings are subjective and will change, the latest Openlane (KAR) rating was a maintained with a price target of $21.00 to $23.00. The current price Openlane (KAR) is trading at is $20.29, which is out of the analyst’s predicted range.