Open Lending (LPRO) Stock Forecast, Price Target & Predictions
LPRO Stock Forecast
Open Lending stock forecast is as follows: an average price target of $15.00 (represents a 167.86% upside from LPRO’s last price of $5.60) 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 $15.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $7.00. This represents a potential 167.86% upside from LPRO's last price of $5.60.
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% | 42.86% |
| Mar 26, 2024 | Joseph Vafi | Canaccord Genuity | $7.00 | $6.17 | 13.54% | 25.00% |
| Feb 06, 2024 | James Faucette | Morgan Stanley | $7.00 | $7.35 | -4.76% | 25.00% |
| Apr 22, 2022 | - | Morgan Stanley | $14.00 | $13.72 | 2.00% | 150.00% |
| Jun 27, 2021 | Joseph Vafi | Canaccord Genuity | $55.00 | $42.42 | 29.66% | 882.14% |
| Apr 21, 2021 | Randy Binner | B.Riley Financial | $38.00 | $36.86 | 3.09% | 578.57% |
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 42.86% increase from LPRO last price ($5.60).
Open Lending Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $8.00 | $8.00 | $7.33 |
| Last Closing Price | $5.60 | $5.60 | $5.60 |
| Upside/Downside | 42.86% | 42.86% | 30.89% |
In the current month, the average price target of Open Lending stock is $8.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 42.86% increase as opposed to Open Lending's last price of $5.60. This month's average price target is down 0.00% compared to last quarter, and up 9.14% 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 |
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 | Jul 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 | - | $50.07M | $51.63M | $58.89M | $61.13M | $44.01M | $39.63M | $29.76M | $22.07M | $17.43M |
| Avg Forecast | $41.03M | $41.88M | $39.79M | $35.33M | $35.17M | $34.62M | $34.60M | $32.81M | $30.29M | $29.38M | $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 | $42.73M | $43.61M | $41.45M | $36.79M | $36.63M | $36.06M | $36.04M | $34.17M | $31.54M | $30.12M | $32.32M | $29.84M | $28.67M | $34.23M | $37.07M | $33.53M | $35.94M | $46.28M | $48.36M | $49.67M | $46.45M | $59.61M | $52.75M | $43.46M | $36.69M | $29.04M | $22.67M | $18.79M |
| Low Forecast | $39.46M | $40.28M | $38.28M | $33.98M | $33.83M | $33.30M | $33.28M | $31.56M | $29.13M | $28.22M | $29.85M | $27.55M | $26.85M | $31.62M | $34.24M | $30.97M | $33.19M | $42.74M | $48.36M | $43.64M | $40.82M | $52.38M | $46.35M | $38.19M | $32.24M | $25.51M | $19.92M | $16.51M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 6 | 5 | 5 | 8 | 5 | 5 | 10 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.79% | 1.07% | 1.19% | 0.78% | 1.14% | - | 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 $27.55M, and a high forecast of $29.84M. 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 | Jul 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 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 6 | 5 | 5 | 8 | 5 | 5 | 10 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-8.28M | $4.54M | $18.42M | $19.40M | $7.06M | $27.87M | - | $32.57M | $35.57M | $40.80M | $100.64M | $29.92M | $20.67M | $-63.10M | $-44.26M | $9.07M |
| Avg Forecast | $24.24M | $24.74M | $23.51M | $20.87M | $20.78M | $20.45M | $20.45M | $19.38M | $17.90M | $17.36M | $18.33M | $16.93M | $16.17M | $19.42M | $21.03M | $19.02M | $20.39M | $26.26M | $28.57M | $30.66M | $22.01M | $32.67M | $28.91M | $23.82M | $20.11M | $-465.67M | $-582.57M | $10.30M |
| High Forecast | $25.25M | $25.77M | $24.49M | $21.74M | $21.65M | $21.30M | $21.30M | $20.19M | $18.64M | $17.79M | $19.10M | $17.63M | $16.94M | $20.23M | $21.91M | $19.81M | $21.24M | $27.35M | $28.57M | $36.79M | $26.41M | $35.22M | $31.17M | $25.68M | $21.68M | $-372.54M | $-466.06M | $11.10M |
| Low Forecast | $23.32M | $23.80M | $22.62M | $20.08M | $19.99M | $19.68M | $19.67M | $18.65M | $17.21M | $16.68M | $17.64M | $16.28M | $15.86M | $18.68M | $20.23M | $18.30M | $19.61M | $25.26M | $28.57M | $24.52M | $17.61M | $30.95M | $27.39M | $22.56M | $19.05M | $-558.80M | $-699.09M | $9.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.51% | 0.23% | 0.88% | 1.02% | 0.35% | 1.06% | - | 1.06% | 1.62% | 1.25% | 3.48% | 1.26% | 1.03% | 0.14% | 0.08% | 0.88% |
7 analysts predict LPRO's average Quarter EBITDA for Dec 23 to be $16.17M, with a high of $16.94M and a low of $15.86M. This is 256.45% 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 | Jul 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 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 6 | 5 | 5 | 8 | 5 | 5 | 10 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-4.84M | $3.00M | $11.37M | $12.54M | $-4.19M | $24.53M | - | $23.15M | $27.84M | $29.41M | $75.97M | $12.86M | $15.20M | $-71.13M | $-49.80M | $8.17M |
| Avg Forecast | $10.74M | $10.74M | $9.55M | $7.16M | $8.69M | $8.86M | $9.04M | $8.01M | $5.85M | $5.25M | $5.61M | $26.37M | $5.11M | $8.19M | $10.50M | $23.97M | $12.07M | $91.73M | $20.55M | $21.79M | $17.23M | $83.39M | $44.24M | $16.24M | $14.40M | $-524.96M | $-655.56M | - |
| High Forecast | $11.32M | $11.32M | $10.06M | $7.55M | $9.16M | $9.34M | $9.52M | $8.44M | $6.16M | $6.30M | $5.91M | $31.64M | $6.14M | $8.63M | $11.06M | $28.77M | $12.72M | $110.07M | $20.55M | $26.15M | $20.67M | $100.07M | $53.09M | $17.89M | $15.86M | $-419.97M | $-524.45M | - |
| Low Forecast | $10.21M | $10.21M | $9.07M | $6.81M | $8.26M | $8.43M | $8.59M | $7.62M | $5.56M | $4.20M | $5.33M | $21.09M | $4.09M | $7.79M | $9.98M | $19.18M | $11.47M | $73.38M | $20.55M | $17.43M | $13.78M | $66.71M | $35.39M | $15.13M | $13.41M | $-629.95M | $-786.67M | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.95% | 0.37% | 1.08% | 0.52% | -0.35% | 0.27% | - | 1.06% | 1.62% | 0.35% | 1.72% | 0.79% | 1.06% | 0.14% | 0.08% | - |
Open Lending's average Quarter net income forecast for Dec 23 is $5.11M, with a range of $4.09M to $6.14M. LPRO's average Quarter net income forecast represents a 70.31% 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 | Jul 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 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 6 | 5 | 5 | 8 | 5 | 5 | 10 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $16.35M | $14.38M | $15.19M | $14.60M | $15.31M | $15.32M | - | $11.21M | $9.94M | $10.51M | $11.34M | $10.61M | $11.70M | $7.13M | $15.95M | $5.65M |
| Avg Forecast | $13.22M | $13.50M | $12.83M | $11.39M | $11.34M | $11.16M | $11.15M | $10.57M | $9.76M | $9.47M | $10.00M | $12.77M | $8.82M | $10.59M | $11.47M | $11.61M | $11.12M | $32.76M | $15.59M | $10.56M | $6.15M | $29.78M | $6.60M | $12.99M | $10.97M | $8.68M | $6.78M | $5.62M |
| High Forecast | $13.77M | $14.06M | $13.36M | $11.86M | $11.81M | $11.62M | $11.62M | $11.01M | $10.17M | $9.71M | $10.42M | $15.33M | $9.24M | $11.03M | $11.95M | $13.93M | $11.59M | $39.31M | $15.59M | $12.67M | $7.38M | $35.74M | $7.92M | $14.01M | $11.83M | $9.36M | $7.31M | $6.06M |
| Low Forecast | $12.72M | $12.98M | $12.34M | $10.95M | $10.91M | $10.73M | $10.73M | $10.17M | $9.39M | $9.10M | $9.62M | $10.22M | $8.65M | $10.19M | $11.04M | $9.29M | $10.70M | $26.21M | $15.59M | $8.44M | $4.92M | $23.83M | $5.28M | $12.31M | $10.39M | $8.22M | $6.42M | $5.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.85% | 1.36% | 1.32% | 1.26% | 1.38% | 0.47% | - | 1.06% | 1.62% | 0.35% | 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 | Jul 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 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 6 | 5 | 5 | 8 | 5 | 5 | 10 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.03 | $0.09 | $0.10 | $-0.03 | $0.19 | - | $0.18 | $0.22 | $0.23 | $0.60 | $0.10 | $0.13 | $-0.62 | $-1.01 | $0.17 |
| Avg Forecast | $0.09 | $0.09 | $0.08 | $0.06 | $0.07 | $0.07 | $0.08 | $0.07 | $0.05 | $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 | $0.09 | $0.09 | $0.08 | $0.06 | $0.08 | $0.08 | $0.08 | $0.07 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.09 | $0.07 | $0.11 | $0.16 | $0.17 | $0.18 | $0.17 | $0.23 | $0.19 | $0.15 | $0.13 | $0.11 | $0.09 | - |
| Low Forecast | $0.09 | $0.09 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.06 | $0.05 | $0.04 | $0.04 | $0.05 | $0.03 | $0.07 | $0.08 | $0.06 | $0.10 | $0.15 | $0.17 | $0.15 | $0.14 | $0.20 | $0.16 | $0.13 | $0.11 | $0.09 | $0.08 | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | 1.02% | 1.53% | -0.33% | 1.23% | - | 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 |
|---|---|---|---|---|---|
| LPRO | Open Lending | $5.60 | $15.00 | 167.86% | Hold |
| GDOT | Green Dot | $11.52 | $25.00 | 117.01% | Hold |
| WU | Western Union Company | $11.86 | $18.09 | 52.53% | Hold |
| EZPW | EZCORP | $11.00 | $12.75 | 15.91% | Buy |
| SLM | SLM | $21.23 | $23.80 | 12.11% | Buy |
| FCFS | FirstCash | $117.16 | $130.00 | 10.96% | Buy |
| NAVI | Navient | $15.77 | $16.00 | 1.46% | Sell |
| ENVA | Enova | $79.32 | $60.75 | -23.41% | Buy |
LPRO Forecast FAQ
Is Open Lending a good buy?
No, according to 7 Wall Street analysts, Open Lending (LPRO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 28.57% of LPRO's total ratings.
What is LPRO's price target?
Open Lending (LPRO) average price target is $15 with a range of $7 to $38, implying a 167.86% from its last price of $5.6. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Open Lending stock go up soon?
According to Wall Street analysts' prediction for LPRO stock, the company can go up by 167.86% (from the last price of $5.6 to the average price target of $15), up by 578.57% based on the highest stock price target, and up by 25.00% based on the lowest stock price target.
Can Open Lending stock reach $8?
LPRO's average twelve months analyst stock price target of $15 supports the claim that Open Lending can reach $8 in the near future.
What is Open Lending's current price target trend?
1 Wall Street analyst forecast a $8 price target for Open Lending (LPRO) this month, up 42.86% from its last price of $5.6. Compared to the last 3 and 12 months, the average price target increased by 42.86% and increased by 30.89%, respectively.
What are Open Lending's analysts' financial forecasts?
Open Lending's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $137.2M (high $142.9M, low $131.97M), average EBITDA is $81.07M (high $84.43M, low $77.98M), average net income is $34.61M (high $36.47M, low $32.89M), average SG&A $44.22M (high $46.06M, low $42.54M), and average EPS is $0.29 (high $0.306, low $0.276). LPRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $158.02M (high $164.58M, low $152M), average EBITDA is $93.37M (high $97.25M, low $89.81M), average net income is $38.19M (high $40.25M, low $36.29M), average SG&A $50.94M (high $53.05M, low $48.99M), and average EPS is $0.32 (high $0.337, low $0.304).
Did the LPRO's actual financial results beat the analysts' financial forecasts?
Based on Open Lending's last annual report (Dec 2023), the company's revenue was $117.46M, which missed the average analysts forecast of $128.02M by -8.25%. Apple's EBITDA was $29.08M, missing the average prediction of $75.64M by -61.56%. The company's net income was $22.07M, missing the average estimation of $47.77M by -53.80%. Apple's SG&A was $60.53M, beating the average forecast of $42.5M by 42.42%. Lastly, the company's EPS was $0.0002, missing the average prediction of $0.265 by -99.92%. In terms of the last quarterly report (Dec 2023), Open Lending's revenue was $14.94M, missing the average analysts' forecast of $27.36M by -45.41%. The company's EBITDA was $-8.277M, missing the average prediction of $16.17M by -151.19%. Open Lending's net income was $-4.842M, missing the average estimation of $5.11M by -194.67%. The company's SG&A was $16.35M, beating the average forecast of $8.82M by 85.38%. Lastly, the company's EPS was $0, missing the average prediction of $0.0429 by -100.00%