Openlane (NYSE:OPLN) Trading 0.8% Higher – Here’s What Happened

Posted by Andrew Walz on Mar 21st, 2026

Shares of Openlane (NYSE:OPLN – Get Free Report) rose 0.8% during trading on Thursday . The stock traded as high as $27.42 and last traded at $27.1880. Approximately 593,163 shares changed hands during trading, a decline of 45% from the average daily volume of 1,082,943 shares. The stock had previously closed at $26.96.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on OPLN shares. Weiss Ratings downgraded Openlane from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, March 3rd. Stephens upped their price objective on Openlane from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Barclays increased their target price on Openlane from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on Openlane from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Finally, Zacks Research lowered Openlane from a “hold” rating to a “strong sell” rating in a research report on Monday, February 23rd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $33.33.

Check Out Our Latest Research Report on Openlane

Openlane Stock Down 1.7%

The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.43. The stock’s 50 day moving average is $28.72. The company has a market cap of $2.84 billion, a P/E ratio of -22.45, a price-to-earnings-growth ratio of 1.27 and a beta of 1.29.

Openlane (NYSE:OPLN – Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The company 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%.The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 EPS. Openlane has set its FY 2026 guidance at 1.240-1.380 EPS.

Insiders Place Their Bets

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 stock was sold at an average price of $28.83, for a total value of $2,549,840.52. Following the sale, the executive vice president directly owned 63,869 shares in the company, valued at approximately $1,841,343.27. This trade represents a 58.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.32% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Openlane

Several institutional investors have recently modified their holdings of OPLN. Cornerstone Investment Partners LLC acquired a new position in shares of Openlane during the fourth quarter valued at approximately $252,000. NBC Securities Inc. bought a new stake in Openlane during the fourth quarter worth approximately $296,000. Paradice Investment Management LLC acquired a new stake in Openlane in the fourth quarter worth approximately $23,837,000. M&T Bank Corp bought a new position in Openlane during the 4th quarter valued at $11,642,000. Finally, TD Waterhouse Canada Inc. bought a new position in Openlane during the 4th quarter valued at $149,000. Institutional investors own 99.76% of the company’s stock.

Openlane Company Profile

(Get Free Report)

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.