Openlane Inc has a consensus price target of $21.17 based on the ratings of 7 analysts. The high is $26 issued by Stephens & Co. on February 28, 2025. The low is $16 issued by Stephens & Co. on December 6, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Stephens & Co., and Barrington Research on March 27, 2025, February 28, 2025, and February 21, 2025, respectively. With an average price target of $23.67 between JP Morgan, Stephens & Co., and Barrington Research, there's an implied 26.29% upside for Openlane Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/27/2025 | Buy Now | 6.72% | JP Morgan | Ryan Brinkman51% | $23 → $20 | Downgrade | Overweight → Neutral | Get Alert |
02/28/2025 | Buy Now | 38.74% | Stephens & Co. | Jeff Lick54% | $20 → $26 | Upgrade | Equal-Weight → Overweight | Get Alert |
02/21/2025 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
02/14/2025 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
01/22/2025 | Buy Now | 6.72% | Stephens & Co. | Jeff Lick54% | → $20 | Initiates | → Equal-Weight | Get Alert |
11/20/2024 | Buy Now | 22.73% | JP Morgan | Ryan Brinkman51% | $21 → $23 | Maintains | Overweight | Get Alert |
11/07/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
11/04/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
09/20/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
08/22/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
08/05/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Maintains | Outperform | Get Alert |
05/02/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Reiterates | Outperform → Outperform | Get Alert |
05/02/2024 | Buy Now | 6.72% | Baird | Craig Kennison57% | $18 → $20 | Maintains | Outperform | Get Alert |
04/10/2024 | Buy Now | 6.72% | B of A Securities | John Murphy54% | $16 → $20 | Upgrade | Underperform → Neutral | Get Alert |
02/21/2024 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | $25 → $25 | Reiterates | Outperform → Outperform | Get Alert |
12/06/2023 | Buy Now | -14.62% | Stephens & Co. | Daniel Imbro64% | $16 → $16 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
12/05/2023 | Buy Now | -30.63% | Stephens & Co. | Daniel Imbro64% | → $13 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
10/16/2023 | Buy Now | 6.72% | JP Morgan | Ryan Brinkman51% | $19 → $20 | Maintains | Overweight | Get Alert |
08/11/2023 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | → $25 | Reiterates | Outperform → Outperform | Get Alert |
05/03/2023 | Buy Now | -30.63% | Stephens & Co. | Daniel Imbro64% | → $13 | Reiterates | → Equal-Weight | Get Alert |
02/23/2023 | Buy Now | 33.4% | Barrington Research | Gary Prestopino59% | → $25 | Reiterates | → Outperform | Get Alert |
02/22/2023 | Buy Now | -30.63% | Stephens & Co. | Daniel Imbro64% | → $13 | Reiterates | → Equal-Weight | Get Alert |
01/09/2023 | Buy Now | -9.28% | B of A Securities | John Murphy54% | $23 → $17 | Downgrade | Buy → Underperform | Get Alert |
11/03/2022 | Buy Now | 17.4% | JP Morgan | Ryan Brinkman51% | $25 → $22 | Maintains | Overweight | Get Alert |
05/04/2022 | Buy Now | — | CJS Securities | Robert Labick50% | — | Upgrade | Market Perform → Market Outperform | Get Alert |
The latest price target for Openlane (NYSE:KAR) was reported by JP Morgan on March 27, 2025. The analyst firm set a price target for $20.00 expecting KAR to rise to within 12 months (a possible 6.72% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Openlane (NYSE:KAR) was provided by JP Morgan, and Openlane downgraded their neutral rating.
The last upgrade for Openlane Inc happened on February 28, 2025 when Stephens & Co. raised their price target to $26. Stephens & Co. previously had an equal-weight for Openlane Inc.
The last downgrade for Openlane Inc happened on March 27, 2025 when JP Morgan changed their price target from $23 to $20 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 March 27, 2025 so you should expect the next rating to be made available sometime around March 27, 2026.
While ratings are subjective and will change, the latest Openlane (KAR) rating was a downgraded with a price target of $23.00 to $20.00. The current price Openlane (KAR) is trading at is $18.74, which is out of the analyst’s predicted range.
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