WallStreetZenWallStreetZen

NYSE: KAR
Openlane Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for KAR

Based on 2 analysts offering 12 month price targets for Openlane Inc

Min Forecast
$23.00+13.86%
Avg Forecast
$24.00+18.81%
Max Forecast
$25.00+23.76%

Should I buy or sell KAR stock?

Based on 2 analysts offering ratings for Openlane Inc.

Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Strong Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their KAR stock forecasts and price targets.

KAR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-20
lockedlocked$00.00+00.00%2024-11-07

1 of 1

Forecast return on equity

Is KAR forecast to generate an efficient return?

Company
10.06%
Industry
87.5%
Market
325.07%
KAR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is KAR forecast to generate an efficient return on assets?

Company
2.89%
Industry
9.67%
KAR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

KAR earnings per share forecast

What is KAR's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$0.84+343.84%
Avg 2 year Forecast
$0.95+398.26%
Avg 3 year Forecast
$1.25+557.89%
KAR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

KAR revenue forecast

What is KAR's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$1.7B+1.54%
Avg 2 year Forecast
$1.8B+6.74%
Avg 3 year Forecast
$1.9B+13.54%
KAR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

KAR earnings growth forecast

How is KAR forecast to perform vs Auto & Truck Dealerships companies and vs the US market?

Company
129.03%
Industry
21.96%
Market
19.93%
KAR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
KAR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
KAR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

KAR revenue growth forecast

How is KAR forecast to perform vs Auto & Truck Dealerships companies and vs the US market?

Company
3.55%
Industry
8.1%
Market
7.53%
KAR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KAR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KAR vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
KAR$20.20$24.00+18.81%Strong Buy
CWH$24.69$26.80+8.55%Strong Buy
SAH$67.56$68.50+1.39%Buy
DRVN$16.63$18.50+11.24%Strong Buy
CARS$18.78$23.00+22.47%Buy
View Top Auto & Truck Dealership Stocks

Openlane Stock Forecast FAQ

Is Openlane Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: KAR) stock is to Strong Buy KAR stock.

Out of 2 analysts, 1 (50%) are recommending KAR as a Strong Buy, 1 (50%) are recommending KAR as a Buy, 0 (0%) are recommending KAR as a Hold, 0 (0%) are recommending KAR as a Sell, and 0 (0%) are recommending KAR as a Strong Sell.

If you're new to stock investing, here's how to buy Openlane stock.

What is KAR's earnings growth forecast for 2024-2026?

(NYSE: KAR) Openlane's forecast annual earnings growth rate of 129.03% is forecast to beat the US Auto & Truck Dealerships industry's average forecast earnings growth rate of 21.96%, and it is also forecast to beat the US market's average forecast earnings growth rate of 19.93%.

Openlane's earnings in 2024 is $71,900,000.On average, 3 Wall Street analysts forecast KAR's earnings for 2024 to be $90,101,799, with the lowest KAR earnings forecast at $88,680,770, and the highest KAR earnings forecast at $90,817,656. On average, 3 Wall Street analysts forecast KAR's earnings for 2025 to be $101,149,500, with the lowest KAR earnings forecast at $96,159,871, and the highest KAR earnings forecast at $106,844,301.

In 2026, KAR is forecast to generate $133,555,376 in earnings, with the lowest earnings forecast at $133,555,376 and the highest earnings forecast at $133,555,376.

What is KAR's revenue growth forecast for 2024-2026?

(NYSE: KAR) Openlane's forecast annual revenue growth rate of 3.55% is not forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 8.1%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.53%.

Openlane's revenue in 2024 is $1,687,800,000.On average, 3 Wall Street analysts forecast KAR's revenue for 2024 to be $183,110,831,497, with the lowest KAR revenue forecast at $181,955,844,603, and the highest KAR revenue forecast at $184,587,419,737. On average, 3 Wall Street analysts forecast KAR's revenue for 2025 to be $192,480,328,784, with the lowest KAR revenue forecast at $189,436,014,116, and the highest KAR revenue forecast at $194,050,619,476.

In 2026, KAR is forecast to generate $204,756,418,436 in revenue, with the lowest revenue forecast at $201,807,515,729 and the highest revenue forecast at $207,705,321,144.

What is KAR's forecast return on assets (ROA) for 2024-2026?

(NYSE: KAR) forecast ROA is 2.89%, which is lower than the forecast US Auto & Truck Dealerships industry average of 9.67%.

What is KAR's Price Target?

According to 2 Wall Street analysts that have issued a 1 year KAR price target, the average KAR price target is $24.00, with the highest KAR stock price forecast at $25.00 and the lowest KAR stock price forecast at $23.00.

On average, Wall Street analysts predict that Openlane's share price could reach $24.00 by Nov 20, 2025. The average Openlane stock price prediction forecasts a potential upside of 18.81% from the current KAR share price of $20.20.

What is KAR's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: KAR) Openlane's current Earnings Per Share (EPS) is $0.19. On average, analysts forecast that KAR's EPS will be $0.84 for 2024, with the lowest EPS forecast at $0.83, and the highest EPS forecast at $0.85. On average, analysts forecast that KAR's EPS will be $0.95 for 2025, with the lowest EPS forecast at $0.90, and the highest EPS forecast at $1.00. In 2026, KAR's EPS is forecast to hit $1.25 (min: $1.25, max: $1.25).

What is KAR's forecast return on equity (ROE) for 2024-2026?

(NYSE: KAR) forecast ROE is 10.06%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.