Analyst Price Target is $6.83
▲ +9.68% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Open Lending in the last 3 months. The average price target is $6.83, with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 9.68% upside from the last price of $6.23.
Current Consensus is
Hold
The current consensus among 7 investment analysts is to hold stock in Open Lending. This rating has held steady since February 2024, when it changed from a Moderate Buy consensus rating.
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. Its 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.
Read More