Open Lending Stock (NASDAQ:LPRO), Analyst Ratings, Price Targets, Predictions

The latest price target for Open Lending (NASDAQ: LPRO) was reported by Canaccord Genuity on May 8, 2024. The analyst firm set a price target for $6.00 expecting LPRO to rise to within 12 months (a possible 4.35% upside). 27 analyst firms have reported ratings in the last year.

The latest analyst rating for Open Lending (NASDAQ: LPRO) was provided by Canaccord Genuity, and Open Lending maintained their hold rating.

The last upgrade for Open Lending Corp happened on February 6, 2024 when Morgan Stanley raised their price target to $7. Morgan Stanley previously had an underweight for Open Lending Corp.

The last downgrade for Open Lending Corp happened on November 8, 2023 when Canaccord Genuity changed their price target from $20 to $5.5 for Open Lending Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Open Lending, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Open Lending was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.

While ratings are subjective and will change, the latest Open Lending (LPRO) rating was a maintained with a price target of $7.00 to $6.00. The current price Open Lending (LPRO) is trading at is $5.75, which is out of the analyst’s predicted range.