Openlane (NYSE:OPLN) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Openlane (NYSE:OPLN) announced its quarterly earnings results on Wednesday. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02), FiscalAI reports. The firm had revenue of $494.30 million for the quarter. Openlane had a return on equity of 12.74% and a net margin of 9.19%.Openlane’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.21 EPS. Openlane updated its FY 2026 guidance to 1.240-1.380 EPS.

Openlane Stock Up 0.5%

Shares of OPLN opened at $29.24 on Friday. 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 company has a market cap of $3.11 billion, a P/E ratio of -24.57, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24. Openlane has a fifty-two week low of $17.08 and a fifty-two week high of $31.78.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC purchased a new stake in shares of Openlane in the fourth quarter valued at $26,000. First Horizon Corp purchased a new position in shares of Openlane in the 4th quarter valued at $27,000. Allworth Financial LP acquired a new position in shares of Openlane during the 4th quarter valued at $38,000. Nomura Asset Management Co. Ltd. purchased a new stake in Openlane during the 4th quarter worth $39,000. Finally, Fifth Third Bancorp purchased a new stake in Openlane during the 4th quarter worth $40,000. 99.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OPLN has been the topic of several recent analyst reports. Zacks Research lowered Openlane from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Barclays boosted their price objective on shares of Openlane from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Stephens upped their target price on shares of Openlane from $35.00 to $37.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. lifted their price target on shares of Openlane from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Weiss Ratings initiated coverage on shares of Openlane in a report on Thursday, January 15th. They issued a “buy (b-)” rating for the company. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

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.