
LPRO Stock Forecast & Price Target
LPRO Analyst Ratings
Bulls say
Open Lending Corp reported a year-over-year revenue increase of 3% in the third quarter, reaching $24.2 million, which exceeded forecasts and consensus estimates, highlighting the company's robust growth potential. The company's adjusted EBITDA also demonstrated a strong performance with a 22% year-over-year increase, amounting to $5.6 million, bolstered by a positive adjustment in profit-sharing fee revenue. Furthermore, management expressed a confident outlook by providing full-year growth guidance for certifications of 3% to 13% in 2026, alongside a doubled pipeline since the launch, indicating a strategic focus on expanding partnerships with automotive lenders.
Bears say
Open Lending Corp experienced a significant 13% year-over-year decline in total certified loans, dropping to 23.9K, which is concerning given that it fell short of the company's prior forecast. A notable 57% year-over-year decrease in certified loans from automotive manufacturers’ captive lenders, alongside challenges in lending to near-prime borrowers and seasonal volume weaknesses, further exacerbates this negative trajectory. Additionally, an increase in auto loan delinquencies and defaults has led to downward revisions in profit-sharing fee revenue, indicating ongoing financial pressures that could impact future performance.
This aggregate rating is based on analysts' research of Open Lending Corp and is not a guaranteed prediction by Public.com or investment advice.
LPRO Analyst Forecast & Price Prediction
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