Open Lending (LPRO) Stock Forecast, Price Target & Predictions
LPRO Stock Forecast
Open Lending stock forecast is as follows: an average price target of $8.00 (represents a 36.29% upside from LPRO’s last price of $5.87) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
LPRO Price Target
The average price target for Open Lending (LPRO) is $8.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $8.00. This represents a potential 36.29% upside from LPRO's last price of $5.87.
LPRO Analyst Ratings
According to 7 Wall Street analysts, Open Lending's rating consensus is 'Hold'. The analyst rating breakdown for LPRO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (28.57%), 5 'Hold' (71.43%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Open Lending Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Peter Heckmann | D.A. Davidson | $8.00 | $5.49 | 45.72% | 36.29% |
| Mar 26, 2024 | Joseph Vafi | Canaccord Genuity | $7.00 | $6.17 | 13.54% | 19.25% |
| Feb 06, 2024 | James Faucette | Morgan Stanley | $7.00 | $7.35 | -4.76% | 19.25% |
| Apr 22, 2022 | Morgan Stanley | $14.00 | $13.72 | 2.00% | 138.50% | |
| Jun 27, 2021 | Joseph Vafi | Canaccord Genuity | $55.00 | $42.42 | 29.66% | 836.97% |
| Apr 21, 2021 | Randy Binner | B.Riley Financial | $38.00 | $36.86 | 3.09% | 547.36% |
The latest Open Lending stock forecast, released on Sep 13, 2024 by Peter Heckmann from D.A. Davidson, set a price target of $8.00, which represents a 45.72% increase from the stock price at the time of the forecast ($5.49), and a 36.29% increase from LPRO last price ($5.87).
Open Lending Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $7.33 |
| Last Closing Price | $5.87 | $5.87 | $5.87 |
| Upside/Downside | -100.00% | -100.00% | 24.87% |
In the current month, the average price target of Open Lending stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Open Lending's last price of $5.87. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 22, 2024 | Needham | Market Outperform | Hold | Downgrade |
| Jun 07, 2024 | Raymond James | Buy | Buy | Hold |
| Jun 06, 2024 | BTIG | Neutral | Initialise | |
| Mar 26, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Feb 29, 2024 | Needham | Market Outperform | Market Outperform | Hold |
| Nov 08, 2023 | Raymond James | Outperform | Outperform | Hold |
| Nov 08, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Aug 10, 2023 | Raymond James | Outperform | Outperform | Hold |
| Jul 14, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Feb 25, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Feb 25, 2022 | Needham | Buy | Buy | Hold |
Open Lending's last stock rating was published by Needham on Jul 22, 2024. The company Downgrade its LPRO rating from "Market Outperform" to "Hold".
Open Lending Financial Forecast
Open Lending Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $14.94M | $26.01M | $38.15M | $38.36M | $26.82M | $50.66M | $52.04M | $50.07M | $51.63M | $58.89M | $61.13M | $44.01M | $39.63M | $29.76M | $22.07M | $17.43M |
| Avg Forecast | $36.03M | $38.49M | $38.16M | $34.99M | $30.74M | $31.61M | $30.55M | $27.81M | $24.02M | $29.35M | $31.03M | $28.65M | $27.36M | $32.87M | $35.60M | $32.19M | $34.51M | $44.44M | $48.36M | $46.07M | $43.09M | $55.30M | $48.93M | $40.31M | $34.03M | $26.93M | $21.03M | $17.43M |
| High Forecast | $39.94M | $42.67M | $42.31M | $38.79M | $34.08M | $35.04M | $33.86M | $30.58M | $24.99M | $29.36M | $31.03M | $28.65M | $28.67M | $32.87M | $39.46M | $35.69M | $38.26M | $44.44M | $48.36M | $46.07M | $43.09M | $55.30M | $48.93M | $40.31M | $34.03M | $26.93M | $21.03M | $17.43M |
| Low Forecast | $32.89M | $35.13M | $34.83M | $31.94M | $28.06M | $28.85M | $27.88M | $26.55M | $22.78M | $29.33M | $31.03M | $28.65M | $26.85M | $32.87M | $32.49M | $29.38M | $31.50M | $44.44M | $48.36M | $46.07M | $43.09M | $55.30M | $48.93M | $40.31M | $34.03M | $26.93M | $21.03M | $17.43M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.79% | 1.07% | 1.19% | 0.78% | 1.14% | 1.08% | 1.09% | 1.20% | 1.06% | 1.25% | 1.09% | 1.16% | 1.11% | 1.05% | 1.00% |
Open Lending's average Quarter revenue forecast for Mar 24 based on 4 analysts is $28.65M, with a low forecast of $28.65M, and a high forecast of $28.65M. LPRO's average Quarter revenue forecast represents a 91.76% increase compared to the company's last Quarter revenue of $14.94M (Dec 23).
Open Lending EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-8.28M | $4.54M | $18.42M | $19.40M | $7.06M | $27.87M | $33.14M | $32.57M | $35.57M | $40.80M | $100.64M | $29.92M | $20.67M | $-63.10M | $-44.26M | $9.07M |
| Avg Forecast | $12.97M | $13.85M | $13.74M | $12.59M | $11.07M | $11.38M | $10.99M | $10.01M | $8.65M | $10.56M | $11.17M | $10.31M | $9.85M | $11.83M | $12.81M | $11.59M | $27.84M | $26.26M | $28.57M | $30.66M | $25.46M | $32.67M | $28.91M | $23.82M | $20.11M | $15.91M | $-582.57M | $10.30M |
| High Forecast | $14.38M | $15.36M | $15.23M | $13.96M | $12.27M | $12.61M | $12.19M | $11.01M | $9.00M | $10.57M | $11.17M | $10.31M | $10.32M | $11.83M | $14.20M | $12.85M | $33.41M | $26.26M | $28.57M | $36.79M | $25.46M | $32.67M | $28.91M | $23.82M | $20.11M | $15.91M | $-466.06M | $10.30M |
| Low Forecast | $11.84M | $12.64M | $12.54M | $11.49M | $10.10M | $10.38M | $10.03M | $9.55M | $8.20M | $10.56M | $11.17M | $10.31M | $9.66M | $11.83M | $11.69M | $10.58M | $22.27M | $26.26M | $28.57M | $24.52M | $25.46M | $32.67M | $28.91M | $23.82M | $20.11M | $15.91M | $-699.09M | $10.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.84% | 0.38% | 1.44% | 1.67% | 0.25% | 1.06% | 1.16% | 1.06% | 1.40% | 1.25% | 3.48% | 1.26% | 1.03% | -3.97% | 0.08% | 0.88% |
7 analysts predict LPRO's average Quarter EBITDA for Dec 23 to be $9.85M, with a high of $10.32M and a low of $9.66M. This is 117.13% upper than Open Lending's previous annual EBITDA (Sep 23) of $4.54M.
Open Lending Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-4.84M | $3.00M | $11.37M | $12.54M | $-4.19M | $24.53M | $23.13M | $23.15M | $27.84M | $29.41M | $75.97M | $12.86M | $15.20M | $-71.13M | $-49.80M | $8.17M |
| Avg Forecast | $8.21M | $10.91M | $9.72M | $7.24M | $6.06M | $6.89M | $6.08M | $4.60M | $2.29M | $5.26M | $5.62M | $26.37M | $5.12M | $8.20M | $10.51M | $23.97M | $21.79M | $18.38M | $20.54M | $21.79M | $18.38M | $25.30M | $44.24M | $16.23M | $14.40M | $11.46M | $-655.56M | - |
| High Forecast | $9.37M | $12.45M | $11.09M | $8.26M | $6.91M | $7.87M | $6.94M | $5.52M | $3.44M | $6.00M | $6.41M | $31.64M | $6.15M | $8.24M | $11.99M | $28.77M | $26.15M | $18.38M | $20.54M | $26.15M | $18.38M | $25.30M | $53.09M | $16.23M | $14.40M | $11.46M | $-524.45M | - |
| Low Forecast | $7.28M | $9.67M | $8.62M | $6.42M | $5.37M | $6.11M | $5.39M | $2.76M | $1.15M | $4.66M | $4.98M | $21.09M | $4.10M | $8.16M | $9.32M | $19.18M | $17.43M | $18.38M | $20.54M | $17.43M | $18.38M | $25.30M | $35.39M | $16.23M | $14.40M | $11.46M | $-786.67M | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.95% | 0.37% | 1.08% | 0.52% | -0.19% | 1.33% | 1.13% | 1.06% | 1.51% | 1.16% | 1.72% | 0.79% | 1.06% | -6.21% | 0.08% | - |
Open Lending's average Quarter net income forecast for Dec 23 is $5.12M, with a range of $4.10M to $6.15M. LPRO's average Quarter net income forecast represents a 70.53% increase compared to the company's last Quarter net income of $3.00M (Sep 23).
Open Lending SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $16.35M | $14.38M | $15.19M | $14.60M | $15.31M | $15.32M | $11.96M | $11.21M | $9.94M | $10.51M | $11.34M | $10.61M | $11.70M | $7.13M | $15.95M | $5.65M |
| Avg Forecast | $11.61M | $12.41M | $12.30M | $11.28M | $9.91M | $10.19M | $9.85M | $8.96M | $7.74M | $9.46M | $10.00M | $12.77M | $8.82M | $10.59M | $11.47M | $11.61M | $7.78M | $14.32M | $15.59M | $10.56M | $13.89M | $17.82M | $6.60M | $12.99M | $10.97M | $8.68M | $6.78M | $5.62M |
| High Forecast | $12.87M | $13.75M | $13.64M | $12.50M | $10.99M | $11.30M | $10.92M | $9.86M | $8.06M | $9.46M | $10.00M | $15.33M | $9.24M | $10.59M | $12.72M | $13.93M | $9.34M | $14.32M | $15.59M | $12.67M | $13.89M | $17.82M | $7.92M | $12.99M | $10.97M | $8.68M | $6.78M | $5.62M |
| Low Forecast | $10.60M | $11.32M | $11.23M | $10.29M | $9.05M | $9.30M | $8.99M | $8.56M | $7.34M | $9.45M | $10.00M | $10.22M | $8.65M | $10.59M | $10.47M | $9.29M | $6.23M | $14.32M | $15.59M | $8.44M | $13.89M | $17.82M | $5.28M | $12.99M | $10.97M | $8.68M | $6.78M | $5.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.85% | 1.36% | 1.32% | 1.26% | 1.97% | 1.07% | 0.77% | 1.06% | 0.72% | 0.59% | 1.72% | 0.82% | 1.07% | 0.82% | 2.35% | 1.01% |
Open Lending's average Quarter SG&A projection for Mar 24 is $12.77M, based on 4 Wall Street analysts, with a range of $10.22M to $15.33M. The forecast indicates a -21.89% fall compared to LPRO last annual SG&A of $16.35M (Dec 23).
Open Lending EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.03 | $0.09 | $0.10 | $-0.03 | $0.19 | $0.18 | $0.18 | $0.22 | $0.23 | $0.60 | $0.10 | $0.13 | $-0.62 | $-1.01 | $0.17 |
| Avg Forecast | $0.07 | $0.09 | $0.08 | $0.06 | $0.05 | $0.06 | $0.05 | $0.04 | $0.02 | $0.04 | $0.05 | $0.05 | $0.04 | $0.07 | $0.09 | $0.07 | $0.10 | $0.15 | $0.17 | $0.17 | $0.15 | $0.21 | $0.17 | $0.14 | $0.12 | $0.10 | $0.08 | - |
| High Forecast | $0.08 | $0.10 | $0.09 | $0.07 | $0.06 | $0.07 | $0.06 | $0.05 | $0.03 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.10 | $0.07 | $0.12 | $0.15 | $0.17 | $0.17 | $0.15 | $0.21 | $0.17 | $0.14 | $0.12 | $0.10 | $0.08 | - |
| Low Forecast | $0.06 | $0.08 | $0.07 | $0.05 | $0.04 | $0.05 | $0.05 | $0.02 | $0.01 | $0.04 | $0.04 | $0.05 | $0.03 | $0.07 | $0.08 | $0.06 | $0.09 | $0.15 | $0.17 | $0.17 | $0.15 | $0.21 | $0.17 | $0.14 | $0.12 | $0.10 | $0.08 | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | 1.02% | 1.53% | -0.33% | 1.23% | 1.05% | 1.08% | 1.43% | 1.08% | 3.50% | 0.74% | 1.08% | -6.46% | -12.13% | - |
According to 7 Wall Street analysts, Open Lending's projected average Quarter EPS for Dec 23 is $0.04, with a low estimate of $0.03 and a high estimate of $0.05. This represents a 71.44% increase compared to LPRO previous annual EPS of $0.03 (Sep 23).
Open Lending Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GDOT | Green Dot | $11.27 | $25.00 | 121.83% | Hold |
| WU | Western Union Company | $11.14 | $18.09 | 62.39% | Hold |
| EZPW | EZCORP | $12.00 | $19.00 | 58.33% | Buy |
| FCFS | FirstCash | $104.85 | $130.00 | 23.99% | Buy |
| LPRO | Open Lending | $6.56 | $8.00 | 21.95% | Hold |
| NAVI | Navient | $14.53 | $17.00 | 17.00% | Sell |
| ENVA | Enova | $99.03 | $104.00 | 5.02% | Buy |
| SLM | SLM | $27.68 | $26.50 | -4.26% | Buy |