Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
IPO Year:
Exchange: NASDAQ
Website: openlending.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/4/2025 | Mkt Perform | Citizens JMP | |
| 3/20/2025 | $8.00 → $3.70 | Buy → Hold | Jefferies |
| 1/29/2025 | $7.00 | Hold → Buy | Needham |
| 7/22/2024 | Buy → Hold | Needham | |
| 6/7/2024 | Neutral | BTIG Research | |
| 2/6/2024 | $4.00 → $7.00 | Underweight → Equal-Weight | Morgan Stanley |
| 11/8/2023 | $20.00 → $5.50 | Buy → Hold | Canaccord Genuity |
| 6/14/2023 | Neutral | BTIG Research | |
| 5/25/2023 | $13.00 | Buy | Needham |
| 2/27/2023 | $10.00 → $9.00 | Strong Buy → Outperform | Raymond James |
AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its fourth quarter and full year ended December 31, 2024. In a separate press release today, the Company announced that its Board of Directors (the "Board") has appointed Jessica Buss, Chairman of the Board, as Chief Executive Officer, effective immediately. The Board has also appointed Michelle Glasl as Chief Operating Officer. Charles Jehl will continue to serve as Interim Chief Financial Officer and as a member of the Board.
Board Chair Jessica Buss Appointed Chief Executive Officer Charles "Chuck" Jehl will Continue to Serve as Interim Chief Financial Officer and a Member of the Board of Directors Michelle Glasl Appointed Chief Operating Officer AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that its Board of Directors (the "Board") has appointed Jessica Buss as Chief Executive Officer, effective immediately. Chuck Jehl will continue to serve as Interim Chief Financial Officer and as a member of the Board. The Bo
AUSTIN, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company plans to issue a press release containing results for the fourth quarter and full year 2024 after the market closes on Monday, March 31, 2025. The Company plans to host a conference call to discuss these results on Tuesday, April 1, 2025 at 8:00 AM ET. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The conference call
AUSTIN, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company") today announced that it is postponing its earnings release and conference call, previously scheduled for March 17, 2025. The Company also announced that it filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission ("SEC") related to the Company's Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K") in order to allow additional time to finalize its financial statements. The Company plans to reschedule the conference call and file the 2024 Form 10-K as soon as practicable. The Company is work
AUSTIN, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company plans to host a conference call to discuss fourth quarter and full year 2024 financial results on Monday, March 17, 2025, at 5:00 PM ET. A press release with fourth quarter and full year 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The confe
Annual survey provides insights for automotive lenders on vehicle ownership barriers facing underserved consumers Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has released its 2025 Vehicle Accessibility Report. The report highlights how credit scores impact consumers in their pursuit of an auto loan and vehicle ownership, as well as how unpredictable market shifts are reshaping vehicle purchasing behavior. For automotive lenders, these changes are a call to adopt a customer-centric approach to automotive lending, prioritizing fairness, flexibility
15 credit unions and banks recognized for exhibiting exceptional automotive lending practices in the near- and non-prime category Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced the 2024 winners of Open Lending's 2nd Annual Economic Vehicle Accessibility Awards ("EVAAs"). The winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime borrowers. "Many deserving borrowers face barriers to vehicle ownership, including historically high co
AUSTIN, Texas, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that John J. Flynn, Open Lending co-founder, retired from the Board of Directors on January 16, 2025. On January 17, 2025, Mr. Flynn agreed to serve as a consultant to the Company through the end of 2025. "After years of service as a member of Open Lending's Board of Directors, I have decided that now is the right time for me to step down. The Company is in capable hands under Chuck Jehl's leadership as CEO," said Mr. Flynn. "When we started the
AUSTIN, Texas, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that it entered into an agreement with the captive finance company of a premier automaker to begin utilizing Open Lending's flagship Lenders Protection™ program. This is the Company's third such partnership with an automotive captive finance company. This agreement will enable the Company's newest OEM partner to access more near- and non-prime consumers with the unique benefits of Open Lending's automated decisioning and default insurance coverage. "
Accomplishment reinforces Company's mission to make transportation more accessible through lending innovation and financial inclusion Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just announced the certification of the one millionth auto loan through its Lenders Protection™ loan decisioning engine. This achievement underscores the Company's ongoing efforts to empower financial institutions to grow their portfolios, create access to vehicle ownership, and drive innovation in the automotive lending industry. Launched in 2000, Lenders Protection use
3 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
Board Chair Jessica Buss Appointed Chief Executive Officer Charles "Chuck" Jehl will Continue to Serve as Interim Chief Financial Officer and a Member of the Board of Directors Michelle Glasl Appointed Chief Operating Officer AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that its Board of Directors (the "Board") has appointed Jessica Buss as Chief Executive Officer, effective immediately. Chuck Jehl will continue to serve as Interim Chief Financial Officer and as a member of the Board. The Bo
AUSTIN, Texas, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that its Board of Directors has appointed Chuck Jehl to serve as Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Jehl will continue to serve as Open Lending's Interim Chief Financial Officer while the Company conducts a comprehensive search for Mr. Jehl's replacement in the CFO role. "Chuck's exceptional leadership was confirmed while he served as the Company's Interim CEO, just as the Board expec
Keith Jezek Resigns as CEO and Board Member; Chief Financial Officer Charles "Chuck" Jehl Appointed as Chief Operating Officer and Interim Chief Executive Officer Reiterates Q1 2024 Certified Loan Guidance AUSTIN, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that Keith Jezek is stepping down as Open Lending's CEO and as a member of its Board of Directors (the "Board"). Effective immediately, the Board has appointed Chuck Jehl, Chief Financial Officer, as Chief Operating Officer and Interim Chief Execu
Experienced auto industry marketing leader bolsters the company's accomplished management team Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or "the Company"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced the appointment of Kevin Filan as Senior Vice President of Marketing. Kevin joins Open Lending after spending over 11 years at Cox Automotive where he led the company's marketing teams across many of their brands to include Autotrader, Kelley Blue Book, DealerTrack, vAuto, and Manheim Auctions, as well as the marketing integration of various acquisitions in the wholesale and retail software space. Prior to
AUSTIN, Texas, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO), an industry trailblazer in lending enablement and risk analysis solutions for financial institutions, announced today the appointments of Simona Fillarini as the Company's first Chief Human Resources Officer (CHRO), Thinh Nguyen as the Company's Chief Information Officer (CIO) and Jill Tyson as Senior Vice President of Operations. Open Lending's CEO, Keith Jezek said, "I am pleased to announce the appointments of Simona, Thinh and Jill to Open Lending's management team. These experienced leaders complement our senior and executive leadership teams with a wealth of expertise and skillsets that positio
AUSTIN, Texas, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO), an industry pioneer in lending enablement and risk analysis solutions for financial institutions, announced today that Keith A. Jezek has been appointed the Company's new Chief Executive Officer (CEO) and a member of its Board of Directors. After 21 years at Open Lending, and more than four decades within the industry, co-founder John Flynn will retire as CEO and continue his role as Chairman of the Board of Directors, with Jezek assuming the responsibilities of CEO immediately. President and COO Ross Jessup, with whom Flynn founded the Company in 2000, has also announced his retirement and transition
AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its fourth quarter and full year ended December 31, 2024. In a separate press release today, the Company announced that its Board of Directors (the "Board") has appointed Jessica Buss, Chairman of the Board, as Chief Executive Officer, effective immediately. The Board has also appointed Michelle Glasl as Chief Operating Officer. Charles Jehl will continue to serve as Interim Chief Financial Officer and as a member of the Board.
AUSTIN, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company plans to issue a press release containing results for the fourth quarter and full year 2024 after the market closes on Monday, March 31, 2025. The Company plans to host a conference call to discuss these results on Tuesday, April 1, 2025 at 8:00 AM ET. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The conference call
AUSTIN, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company") today announced that it is postponing its earnings release and conference call, previously scheduled for March 17, 2025. The Company also announced that it filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission ("SEC") related to the Company's Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K") in order to allow additional time to finalize its financial statements. The Company plans to reschedule the conference call and file the 2024 Form 10-K as soon as practicable. The Company is work
AUSTIN, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company plans to host a conference call to discuss fourth quarter and full year 2024 financial results on Monday, March 17, 2025, at 5:00 PM ET. A press release with fourth quarter and full year 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The confe
AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its third quarter of 2024. "I am pleased to report that in the third quarter of 2024, we were near or above the high end of our guidance for certified loans, revenue, and adjusted EBITDA, excluding the negative change in estimate associated with our profit share," said Chuck Jehl, Chief Executive Officer and interim Chief Financial Officer of Open Lending. "We continue to be encouraged that market conditions are trending positive
AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024, at 5:00pm ET. A press release with third quarter 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The conference call can also be accessed
AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its second quarter of 2024. "For the second quarter of 2024 we were near or above the high end of our guidance range across certified loans, revenue, and Adjusted EBITDA, excluding a negative change in estimate associated with our profit share," said Chuck Jehl, Chief Financial Officer and Interim Chief Executive Officer of Open Lending. "While the automotive lending environment continues to face challenges, I am encouraged by the
AUSTIN, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or "the Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss second quarter 2024 financial results on Thursday, August 8, 2024 at 5:00pm ET. A press release with second quarter 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The conference call can also be accessed
AUSTIN, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its first quarter of 2024. "I am pleased to report that in the first quarter of 2024, we exceeded the high end of our guidance for both certified loans and revenue and exceeded the mid-point for Adjusted EBITDA," said Chuck Jehl, Chief Financial Officer and Interim Chief Executive Officer. "We are encouraged that market conditions appear to be improving. We remain focused on optimizing our core credit union and captive finance comp
AUSTIN, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ:LPRO) ("Open Lending" or "the Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss first quarter 2024 financial results on Tuesday, May 7, 2024 at 5:00pm ET. A press release with first quarter 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from the Company's investor relations website at https://investors.openlending.com/ under the "Events" section. The conference call can also be accessed live o
Citizens JMP resumed coverage of Open Lending with a rating of Mkt Perform
Jefferies downgraded Open Lending from Buy to Hold and set a new price target of $3.70 from $8.00 previously
Needham upgraded Open Lending from Hold to Buy and set a new price target of $7.00
Needham downgraded Open Lending from Buy to Hold
BTIG Research initiated coverage of Open Lending with a rating of Neutral
Morgan Stanley upgraded Open Lending from Underweight to Equal-Weight and set a new price target of $7.00 from $4.00 previously
Canaccord Genuity downgraded Open Lending from Buy to Hold and set a new price target of $5.50 from $20.00 previously
BTIG Research initiated coverage of Open Lending with a rating of Neutral
Needham resumed coverage of Open Lending with a rating of Buy and set a new price target of $13.00
Raymond James downgraded Open Lending from Strong Buy to Outperform and set a new price target of $9.00 from $10.00 previously
10-K - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
NT 10-K - Open Lending Corp (0001806201) (Filer)
SCHEDULE 13G/A - Open Lending Corp (0001806201) (Subject)
8-K - Open Lending Corp (0001806201) (Filer)
10-Q - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
10-Q - Open Lending Corp (0001806201) (Filer)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)