Open Lending downgraded by Morgan Stanley with a new price target
$LPRO
Finance: Consumer Services
Finance
Morgan Stanley downgraded Open Lending from Equal-Weight to Underweight and set a new price target of $8.00 from $14.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
4 - Open Lending Corp (0001806201) (Issuer)
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
SCHEDULE 13G/A - Open Lending Corp (0001806201) (Subject)
8-K - Open Lending Corp (0001806201) (Filer)
10-Q - Open Lending Corp (0001806201) (Filer)
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, 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
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, 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