Ideas And Forecasts On Open Lending Corp (NASDAQ: LPRO)

Open Lending Corp (NASDAQ:LPRO) currently has a daily average trading volume of 1.59M but it saw 9984301 shares traded in last market. With a market cap of 107.07M USD, the company’s current market price of $0.89 came falling about -4.64 while comparing to the previous closing price of $0.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.97 and as low as $0.92. In the recent trading on the day, stock has struck highest price mark of $0.87 while lowest mark touched by it was $1.06.

Taking a look at 20-day trading activity of Open Lending Corp (LPRO) gives us an average price of $2.5704, while its current price level is -87.18% below from 52-week high level whereas it is -3.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.3030 while that of 200 days or SMA-200 reads an average of $5.4248. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.86% during that period while stretching the period over a month that decreases to 15.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 12.63 which implies that the stock is in oversold territory.

Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on March 20, 2025 while assigning a price target range of $8-$3.70. Needham issued its recommendations for the stock as it upgraded the price target for the stock is $7.

Over the week, LPRO’s stock price is moving -30.16% down while it is -80.14% when we observe its performance for the past one month. Year-to-date it is -85.03% down and over the past year, the stock is showing a downside performance of -83.98%.

The company is expected to be releasing its next quarterly report on 2025-Mar-30, for which analysts forecasted an EPS of 0.01 while estimate for next year EPS is 0.08. In next quarter, company is expected to be making quarterly sales of $24.15M as analysts are expecting the sales for current fiscal year at $99.76M and seeing the company making $114.18M in sales next year. Moreover, analysts are in estimates of $24.78M for current-quarter revenue.

Currently, Open Lending Corp’s total number of outstanding shares is 119.35M with 2.77% of that held by the insiders while 83.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -63.21% and return on equity (ROE) at -95.19%. It has a 9.27 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 1.37 while price to sale or P/S ratio amounts to 4.46. Its return on asset (ROA) is -40.09% on average.