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Open Lending Corp has a consensus price target of $6.88 based on the ratings of 11 analysts. The high is $8 issued by DA Davidson on August 12, 2024. The low is $5 issued by Morgan Stanley on August 9, 2024. The 3 most-recent analyst ratings were released by Needham, DA Davidson, and JMP Securities on January 29, 2025, August 12, 2024, and August 9, 2024, respectively. With an average price target of $7.33 between Needham, DA Davidson, and JMP Securities, there's an implied 48.75% upside for Open Lending Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Open Lending (NASDAQ:LPRO) was reported by Needham on January 29, 2025. The analyst firm set a price target for $7.00 expecting LPRO to rise to within 12 months (a possible 41.99% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Open Lending (NASDAQ:LPRO) was provided by Needham, and Open Lending upgraded their buy rating.
The last upgrade for Open Lending Corp happened on January 29, 2025 when Needham raised their price target to $7. Needham previously had a hold for Open Lending Corp.
The last downgrade for Open Lending Corp happened on July 22, 2024 when Needham changed their price target from N/A to N/A for Open Lending Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Open Lending, 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 Open Lending was filed on January 29, 2025 so you should expect the next rating to be made available sometime around January 29, 2026.
While ratings are subjective and will change, the latest Open Lending (LPRO) rating was a upgraded with a price target of $0.00 to $7.00. The current price Open Lending (LPRO) is trading at is $4.93, which is within the analyst’s predicted range.
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