Openlane (NYSE:OPLN) Releases FY 2026 Earnings Guidance

Openlane (NYSE:OPLN) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.280-1.420 for the period, compared to the consensus estimate of 1.320. The company issued revenue guidance of -.

Openlane Stock Up 2.1%

Shares of NYSE OPLN opened at $32.15 on Tuesday. The company has a market capitalization of $3.40 billion, a PE ratio of -27.01 and a beta of 1.22. Openlane has a twelve month low of $18.78 and a twelve month high of $32.90. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average price is $29.03.

Openlane (NYSE:OPLN) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.32 by $0.03. The business had revenue of $527.90 million for the quarter. Openlane had a net margin of 9.19% and a return on equity of 12.74%. The company’s revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 earnings per share. Openlane has set its FY 2026 guidance at 1.280-1.420 EPS. On average, research analysts anticipate that Openlane will post 1.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on OPLN. Weiss Ratings cut Openlane from a “buy (b)” rating to a “hold (c)” rating in a report on Tuesday, March 3rd. Northcoast Research upgraded Openlane from a “neutral” rating to a “buy” rating and set a $34.00 price target for the company in a research note on Monday, March 30th. Zacks Research upgraded Openlane from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Stephens upped their target price on Openlane from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their price target on Openlane from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Openlane currently has a consensus rating of “Moderate Buy” and an average price target of $33.50.

Insider Transactions at Openlane

In other Openlane news, EVP James P. Coyle sold 88,444 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $28.83, for a total value of $2,549,840.52. Following the completion of the transaction, the executive vice president directly owned 63,869 shares of the company’s stock, valued at $1,841,343.27. This trade represents a 58.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.22% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Openlane

Large investors have recently bought and sold shares of the stock. Toronto Dominion Bank bought a new stake in Openlane in the fourth quarter valued at approximately $63,000. Smartleaf Asset Management LLC bought a new position in Openlane in the fourth quarter worth about $116,000. Royal Bank of Canada purchased a new stake in Openlane in the fourth quarter worth $175,000. Mackenzie Financial Corp bought a new position in Openlane in the fourth quarter worth $200,000. Finally, Cibc World Markets Corp purchased a new position in Openlane during the 4th quarter valued at about $208,000. 99.76% of the stock is owned by hedge funds and other institutional investors.

About Openlane

Openlane, Inc operates a digital wholesale vehicle marketplace that facilitates the remarketing of used vehicles for commercial consignors and retail dealers. The company provides an online auction platform that enables buyers and sellers to transact in real time, connecting franchised and independent dealers, fleet operators, rental companies, manufacturers and financial institutions. Its marketplace focuses on vehicles from lease returns, fleet and commercial fleets, repossessions and dealer trade-ins.

In addition to the core auction and listing services, Openlane offers a suite of remarketing support services designed to simplify the end-to-end sale process.