Needham resumed coverage on Open Lending with a new price target
$LPRO
Finance: Consumer Services
Finance
Needham resumed coverage of Open Lending with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 8/5/2022 | $22.00 → $13.00 | Overweight → Equal-Weight | Stephens |
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
SC 13G/A - Open Lending Corp (0001806201) (Subject)
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
10-Q - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
8-K - Open Lending Corp (0001806201) (Filer)
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
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
Needham analyst Mayank Tandon downgrades Open Lending (NASDAQ:LPRO) from Buy to Hold.
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
Automotive lending enablement provider releases data on national and regional vehicle registrations in the near- and non-prime market for Q2 2024 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 released a new Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. The report found that, despite continued challenges in the vehicle market, new vehicle registrations have risen and used vehicle registrations have stabilized in the past year, though supply remains below pre-Covid lev
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