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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/27/2025 | $23.00 → $20.00 | Overweight → Neutral | Analyst |
| 2/28/2025 | $20.00 → $26.00 | Equal-Weight → Overweight | Stephens |
| 1/22/2025 | $20.00 | Equal-Weight | Stephens |
| 4/10/2024 | $16.00 → $20.00 | Underperform → Neutral | BofA Securities |
| 1/9/2023 | $23.00 → $17.00 | Buy → Underperform | BofA Securities |
| 5/4/2022 | $20.00 | Market Perform → Market Outperform | CJS Securities |
| 2/28/2022 | $20.00 | Buy → Neutral | Northcoast |
| 2/25/2022 | Sell → Neutral | Guggenheim |
8-K - OPENLANE, Inc. (0001395942) (Filer)
8-K - OPENLANE, Inc. (0001395942) (Filer)
10-Q - OPENLANE, Inc. (0001395942) (Filer)
Strong Market Demand for Term Loan Financing CARMEL, Ind., Oct. 8, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced it has closed its repurchase of 53% of the Company's Series A Convertible Preferred Stock and amended its existing Credit Agreement with an additional $550 million in secured term loans to finance the repurchases. "I am very pleased that our financing was substantially oversubscribed, allowing us to tighten pricing and achieve an even more preferred rate," said Brad Herring, E
Strengthens Leadership Bench With More Than 30 Years ofInvestor Relations and Financial Markets Experience CARMEL, Ind., Oct. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Bill Wright as Vice President of Investor Relations. Wright will be responsible for leading the company's investor relations program, serving as the primary liaison communicating OPENLANE's vision, strategy and growth to stockholders and the broader financial community. "It's an exciting time for OPENLAN
CARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020. The transaction, for which the cash consideration is approximately $559 million, will reduce the preferred shares held by funds advised by Apax Partners, L.P. ("Apax") by approximately 50% and the preferred shares held by funds advised by Periphas Capital, L.P. ("Periphas") by approximately 80%. The repurchase price of $29.70 per share of common stock, on an as-converted basis, represents a negotiated market-based b
Analyst downgraded OPENLANE from Overweight to Neutral and set a new price target of $20.00 from $23.00 previously
Stephens upgraded OPENLANE from Equal-Weight to Overweight and set a new price target of $26.00 from $20.00 previously
Stephens initiated coverage of OPENLANE with a rating of Equal-Weight and set a new price target of $20.00
4 - OPENLANE, Inc. (0001395942) (Issuer)
4 - OPENLANE, Inc. (0001395942) (Issuer)
4 - OPENLANE, Inc. (0001395942) (Issuer)
4 - OPENLANE, Inc. (0001395942) (Issuer)
4 - OPENLANE, Inc. (0001395942) (Issuer)
Strengthens Leadership Bench With More Than 30 Years ofInvestor Relations and Financial Markets Experience CARMEL, Ind., Oct. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Bill Wright as Vice President of Investor Relations. Wright will be responsible for leading the company's investor relations program, serving as the primary liaison communicating OPENLANE's vision, strategy and growth to stockholders and the broader financial community. "It's an exciting time for OPENLAN
New Director Brings C-Suite Track Record Driving Growth and Success CARMEL, Ind., June 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Randy Altschuler to its board of directors. A seasoned entrepreneur and executive, Altschuler brings more than 20 years of experience leveraging technology, digital marketplaces and artificial intelligence (AI) to transform the manufacturing landscape. "We are delighted to welcome Randy to our Board," said Michael Kestner, Chair of OPENLANE.
Nationwide Search to Identify Successor; EVP and CFO Brad Lakhia to Assume Treasurer Role CARMEL, Ind., Feb. 27, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, announced that Mike Eliason, Treasurer and Vice President of Investor Relations, is retiring after more than 25 years at the company, effective June 1, 2024. Eliason will continue to serve in his position until a successor is named to ensure a seamless transition. OPENLANE will conduct a thorough national search process for Eliason's successor. Upo
CARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020. The transaction, for which the cash consideration is approximately $559 million, will reduce the preferred shares held by funds advised by Apax Partners, L.P. ("Apax") by approximately 50% and the preferred shares held by funds advised by Periphas Capital, L.P. ("Periphas") by approximately 80%. The repurchase price of $29.70 per share of common stock, on an as-converted basis, represents a negotiated market-based b
Marketplace dealer volume growth of 21% YoYGross Merchandise Value (GMV) of approximately $7.5 billion, representing 10% YoY growthRevenue of $482 million, representing 9% YoY growth, driven by 24% growth in auction fee revenueIncome from continuing operations of $33 million, representing 212% YoY growthAdjusted EBITDA of $87 million, representing 21% YoY growthCash flow from operating activities of $72 million, representing 91% YoY growthAdjusted Free Cash Flow of $87 million, representing 34% YoY growthRaised full year guidance for Adjusted EBITDA and Operating Adjusted EPSCARMEL, Ind., Aug. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), today reported its second quarter financial resu
CARMEL, Ind., July 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE:KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2025 financial results before the market opens on Wednesday, Aug. 6, 2025. OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, Aug. 6, 2025, at 8:30 a.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Herring. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPE
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)
SC 13G/A - OPENLANE, Inc. (0001395942) (Subject)