OPENLANE/$KAR

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About OPENLANE

Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.

Ticker

$KAR

Primary listing

NYSE

Industry

Commercial Services & Supplies

Employees

4,440

ISIN

US48238T1097

OPENLANE Metrics

BasicAdvanced
$2.5B
39.38
$0.58
1.41
-

What the Analysts think about OPENLANE

Analyst ratings (Buy, Hold, Sell) for OPENLANE stock.

Bulls say / Bears say

OPENLANE reported a 12% year-over-year increase in consolidated revenue for Q4 2024, driven by a 9% growth in marketplace volumes, marking the seventh consecutive quarter of volume growth. (openlane.com)
The company's marketplace segment achieved a 30% year-over-year growth in Adjusted EBITDA during Q4 2024, indicating strong operational efficiency and profitability. (openlane.com)
Analysts have set a 12-month average price target of $21.60 for OPENLANE stock, suggesting a potential upside of approximately 7.62% from the current price. (stockanalysis.com)
Despite revenue growth, OPENLANE's finance segment experienced a decline in revenue from $444 million in 2023 to $431.1 million in 2024, indicating potential challenges in this area. (openlane.com)
The company reported a net income of $109.9 million in 2024, a significant improvement from a loss in 2023; however, the presence of a $31.6 million gain on the sale of a business suggests that part of this profitability may be non-recurring. (openlane.com)
OPENLANE's operating expenses increased to $1,606.3 million in 2024 from $1,831.5 million in 2023, and while this is a decrease, the company still faces high operational costs that could impact future profitability. (openlane.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.

OPENLANE Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

OPENLANE Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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