Openlane Inc (KAR)

$28.35 -0.28 (-0.98%)
Market Cap 3.01B
Revenue (ttm) 1.79B
Net Income (ttm) 109.90M
EPS (ttm) N/A
PE Ratio 25.79
Forward PE 26.51
Profit Margin 6.14%
Debt to Equity Ratio 0.00
Volume 1,088,800
Avg Vol 910,446
Day's Range N/A - N/A
Shares Out 106.30M
Stochastic %K 48%
Beta 1.33
Analysts Strong Sell
Price Target $30.92

Company Profile

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspectio...

Industry: Auto & Truck Dealerships
Sector: Consumer Cyclical
Phone: 800 923 3725
Address:
11299 North Illinois Street, Suite 500, Carmel, United States
highnihilism
highnihilism Oct. 1 at 11:12 AM
$KAR Openlane Trades: 4 | Total $: 876 | 0.18 × 90-Day Avg $: 4.8 K | Call $: 876 | Put $: 0 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $YCL ProShares Ultra Yen Trades: 25 | Total $: 1.1 K | 0.29 × 90-Day Avg $: 3.9 K | Call $: 874 | Put $: 266 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $BCH Banco De Chile Trades: 4 | Total $: 934 | 0.06 × 90-Day Avg $: 14.9 K | Call $: 874 | Put $: 60 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $IJH iShares Core S&P Mid-Cap ETF Trades: 18 | Total $: 3.6 K | 0.08 × 90-Day Avg $: 45.7 K | Call $: 872 | Put $: 2.7 K | Single-Leg: 93% | Multi-Leg: 8% | Contingent: –
0 · Reply
indievestments
indievestments Sep. 26 at 6:02 PM
$KAR unclear to me why they don't spin-off the AFC business into its own publicly traded vehicle. It has a separate brand -- Openlane vs AFC -- and the valuation multiple on the combined entity is very poor vs other asset-light market place businesses. Peter Kelly talks about synergy, but the Openlane/AFC wear different outfits in the field etc. Could spin out AFC with a special partnership i.e., give some special benefit to Openlane buyers who use AFC. I don't think they need to be under the same corporate umbrella. They sell 1.5 million cars per year -- plenty to be a stand-alone market place. Lots of volume on the October 30c? Odd.
1 · Reply
PhishTourFunds
PhishTourFunds Sep. 26 at 12:44 PM
$KAR While $30 was clearly going to resist this $28 level seems fairly well supported. Should consolidate to gain strength in order to push past and hold $31.
1 · Reply
indievestments
indievestments Sep. 25 at 4:40 PM
Q2 GMV: $KAR $7.5 billion vs $ACVA $2.7 billion. Plus Openlane has best in class flooring finance arm throwing off ~$150-$175M adj EBITDA KAR market cap $3B vs ACVA $1.7B Probably needs to re-rate further... ACVA option positioning looks bearish to me with lots of OTM calls.
1 · Reply
indievestments
indievestments Sep. 25 at 4:33 PM
$KAR shaking off the $KMX results pretty well esp vs $ACVA
0 · Reply
highnihilism
highnihilism Sep. 22 at 12:51 PM
IWM: Russell 2000 → $CMP Compass Minerals $KAR Openlane $WTTR Select Water Solutions $SVRA Savara $JELD Jeld-Wen Holding
0 · Reply
PhishTourFunds
PhishTourFunds Sep. 20 at 4:47 AM
$KAR 👀 This is a legit product. Lots to learn here but the $31 level is huge to unlock preferred > common conversion. Expecting resistance here. Already up 50% since crossing 200MA on 5/1.
0 · Reply
highnihilism
highnihilism Sep. 17 at 9:43 AM
IWM: Russell 2000 → $CMP Compass Minerals $KAR Openlane $WTTR Select Water Solutions $SVRA Savara $JELD Jeld-Wen Holding
0 · Reply
indievestments
indievestments Sep. 10 at 3:35 PM
$KAR this Peter Kelly is doing a good job. Took down 53% of the convertible preferred. I think KAR can convert the rest of the preferred into common if the shares trade above ~$32 for 20 of 30 trading days. https://finviz.com/news/161792/openlane-to-repurchase-53-of-series-a-convertible-preferred-stock
1 · Reply
indievestments
indievestments Sep. 8 at 7:49 PM
$KAR slow mover but chart does look amazing. Supposedly their supply of off-lease cars should start to ramp early 2026. They should also get out from under the preferred shares owned by Apax soon and save them a lot of preferred dividends they can put into buybacks or reinvest in growth.
0 · Reply
Latest News on KAR
OPENLANE to Repurchase 53% of Series A Convertible Preferred Stock

Sep 9, 2025, 5:22 PM EDT - 25 days ago

OPENLANE to Repurchase 53% of Series A Convertible Preferred Stock

OPENLANE Launches Audio Boost AI for Faster, Easier Vehicle Evaluations

Sep 3, 2025, 8:30 AM EDT - 4 weeks ago

OPENLANE Launches Audio Boost AI for Faster, Easier Vehicle Evaluations

Openlane: Buy On Improving Industry Fundamentals And Debt Payoff (Upgrade)

Aug 14, 2025, 12:50 PM EDT - 7 weeks ago

Openlane: Buy On Improving Industry Fundamentals And Debt Payoff (Upgrade)

OPENLANE, Inc. (KAR) Q2 2025 Earnings Call Transcript

Aug 6, 2025, 2:04 PM EDT - 2 months ago

OPENLANE, Inc. (KAR) Q2 2025 Earnings Call Transcript

OPENLANE, Inc. Reports Second Quarter 2025 Financial Results

Aug 6, 2025, 7:45 AM EDT - 2 months ago

OPENLANE, Inc. Reports Second Quarter 2025 Financial Results

OPENLANE to Announce Second Quarter 2025 Earnings

Jul 16, 2025, 4:15 PM EDT - 2 months ago

OPENLANE to Announce Second Quarter 2025 Earnings

OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript

May 8, 2025, 6:00 AM EDT - 5 months ago

OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript

OPENLANE, Inc. Reports First Quarter 2025 Financial Results

May 7, 2025, 4:15 PM EDT - 5 months ago

OPENLANE, Inc. Reports First Quarter 2025 Financial Results

OPENLANE Names Brad Herring Chief Financial Officer

Apr 22, 2025, 4:15 PM EDT - 5 months ago

OPENLANE Names Brad Herring Chief Financial Officer

OPENLANE to Announce First Quarter 2025 Earnings

Apr 16, 2025, 4:15 PM EDT - 6 months ago

OPENLANE to Announce First Quarter 2025 Earnings

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

Mar 18, 2025, 12:24 PM EDT - 7 months ago

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript

Feb 19, 2025, 10:32 PM EST - 8 months ago

OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript

OPENLANE, Inc. Reports 2024 Financial Results

Feb 19, 2025, 4:15 PM EST - 8 months ago

OPENLANE, Inc. Reports 2024 Financial Results

OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings

Jan 29, 2025, 4:15 PM EST - 8 months ago

OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings

Karrier One Accelerates Global Connectivity with SCION Integration, Sui Validator Node, and Walrus Decentralized Storage Protocol

Nov 12, 2024, 9:00 AM EST - 11 months ago

Karrier One Accelerates Global Connectivity with SCION Integration, Sui Validator Node, and Walrus Decentralized Storage Protocol

OPENLANE to Host Virtual Investor Update

Nov 7, 2024, 8:00 AM EST - 11 months ago

OPENLANE to Host Virtual Investor Update

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript

Nov 6, 2024, 11:32 PM EST - 11 months ago

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript

OPENLANE, Inc. Reports Third Quarter 2024 Financial Results

Nov 6, 2024, 4:15 PM EST - 11 months ago

OPENLANE, Inc. Reports Third Quarter 2024 Financial Results

OPENLANE to Announce Third Quarter 2024 Earnings

Oct 16, 2024, 4:15 PM EDT - 1 year ago

OPENLANE to Announce Third Quarter 2024 Earnings

OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence

Aug 15, 2024, 8:30 AM EDT - 1 year ago

OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence

OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript

Aug 7, 2024, 10:26 PM EDT - 1 year ago

OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript

OPENLANE, Inc. Reports Second Quarter 2024 Financial Results

Aug 7, 2024, 4:15 PM EDT - 1 year ago

OPENLANE, Inc. Reports Second Quarter 2024 Financial Results

OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers

Aug 6, 2024, 8:15 AM EDT - 1 year ago

OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers

Openlane: Buy On Earnings Turnaround And Market Share Gains

Jul 24, 2024, 8:09 AM EDT - 1 year ago

Openlane: Buy On Earnings Turnaround And Market Share Gains

OPENLANE to Announce Second Quarter 2024 Earnings

Jul 18, 2024, 4:15 PM EDT - 1 year ago

OPENLANE to Announce Second Quarter 2024 Earnings

OPENLANE Names Itunu Orelaru Head of Investor Relations

Jul 17, 2024, 8:00 AM EDT - 1 year ago

OPENLANE Names Itunu Orelaru Head of Investor Relations

OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators

Jun 20, 2024, 4:15 PM EDT - 1 year ago

OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators

OPENLANE Empowers US Dealers With Faster Vehicle Wholesaling

Jun 4, 2024, 8:15 AM EDT - 1 year ago

OPENLANE Empowers US Dealers With Faster Vehicle Wholesaling

OPENLANE Announces Participation in Upcoming Investor Conference

May 9, 2024, 4:15 PM EDT - 1 year ago

OPENLANE Announces Participation in Upcoming Investor Conference

OPENLANE, Inc. (KAR) Q1 2024 Earnings Call Transcript

May 1, 2024, 10:39 PM EDT - 1 year ago

OPENLANE, Inc. (KAR) Q1 2024 Earnings Call Transcript

OPENLANE, Inc. Reports First Quarter 2024 Financial Results

May 1, 2024, 4:10 PM EDT - 1 year ago

OPENLANE, Inc. Reports First Quarter 2024 Financial Results

OPENLANE to Announce First Quarter 2024 Earnings

Apr 16, 2024, 4:15 PM EDT - 1 year ago

OPENLANE to Announce First Quarter 2024 Earnings

OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations

Feb 27, 2024, 8:15 AM EST - 1 year ago

OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations

OPENLANE, Inc. (KAR) Q4 2023 Earnings Call Transcript

Feb 20, 2024, 10:46 PM EST - 1 year ago

OPENLANE, Inc. (KAR) Q4 2023 Earnings Call Transcript

OPENLANE, Inc. Reports 2023 Financial Results

Feb 20, 2024, 4:15 PM EST - 1 year ago

OPENLANE, Inc. Reports 2023 Financial Results

OPENLANE Promotes Will Mitchell to Lead AFC

Feb 13, 2024, 4:15 PM EST - 1 year ago

OPENLANE Promotes Will Mitchell to Lead AFC

OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings

Feb 7, 2024, 4:15 PM EST - 1 year ago

OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings

OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage

Jan 3, 2024, 8:00 AM EST - 1 year ago

OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage

OPENLANE Announces Planned Retirement of AFC President Jim Money

Dec 14, 2023, 11:45 AM EST - 1 year ago

OPENLANE Announces Planned Retirement of AFC President Jim Money

OPENLANE to Acquire Manheim Canada

Dec 4, 2023, 4:10 PM EST - 1 year ago

OPENLANE to Acquire Manheim Canada

OPENLANE Launches US Marketplace Combining BacklotCars and Exclusive Off-Lease Inventory

Nov 20, 2023, 8:30 AM EST - 2 years ago

OPENLANE Launches US Marketplace Combining BacklotCars and Exclusive Off-Lease Inventory

Openlane: Attractive Valuation Warrants A Buy

Nov 15, 2023, 9:40 AM EST - 2 years ago

Openlane: Attractive Valuation Warrants A Buy

OPENLANE Announces Participation in Upcoming Investor Conferences

Nov 9, 2023, 7:00 PM EST - 2 years ago

OPENLANE Announces Participation in Upcoming Investor Conferences

OPENLANE, Inc. (KAR) Q3 2023 Earnings Call Transcript

Nov 1, 2023, 11:27 PM EDT - 2 years ago

OPENLANE, Inc. (KAR) Q3 2023 Earnings Call Transcript

OPENLANE, Inc. Reports Third Quarter 2023 Financial Results

Nov 1, 2023, 4:15 PM EDT - 2 years ago

OPENLANE, Inc. Reports Third Quarter 2023 Financial Results

OPENLANE to Announce Third Quarter 2023 Earnings

Oct 18, 2023, 4:15 PM EDT - 2 years ago

OPENLANE to Announce Third Quarter 2023 Earnings

Openlane: Looking Good Under The Hood

Aug 24, 2023, 4:25 PM EDT - 2 years ago

Openlane: Looking Good Under The Hood

OPENLANE, Inc. (KAR) Q2 2023 Earnings Call Transcript

Aug 4, 2023, 7:10 PM EDT - 2 years ago

OPENLANE, Inc. (KAR) Q2 2023 Earnings Call Transcript

OPENLANE, Inc. Reports Second Quarter 2023 Financial Results

Aug 2, 2023, 4:15 PM EDT - 2 years ago

OPENLANE, Inc. Reports Second Quarter 2023 Financial Results

OPENLANE to Announce Second Quarter 2023 Earnings

Jul 20, 2023, 4:15 PM EDT - 2 years ago

OPENLANE to Announce Second Quarter 2023 Earnings

highnihilism
highnihilism Oct. 1 at 11:12 AM
$KAR Openlane Trades: 4 | Total $: 876 | 0.18 × 90-Day Avg $: 4.8 K | Call $: 876 | Put $: 0 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $YCL ProShares Ultra Yen Trades: 25 | Total $: 1.1 K | 0.29 × 90-Day Avg $: 3.9 K | Call $: 874 | Put $: 266 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $BCH Banco De Chile Trades: 4 | Total $: 934 | 0.06 × 90-Day Avg $: 14.9 K | Call $: 874 | Put $: 60 | Single-Leg: 100% | Multi-Leg: – | Contingent: – $IJH iShares Core S&P Mid-Cap ETF Trades: 18 | Total $: 3.6 K | 0.08 × 90-Day Avg $: 45.7 K | Call $: 872 | Put $: 2.7 K | Single-Leg: 93% | Multi-Leg: 8% | Contingent: –
0 · Reply
indievestments
indievestments Sep. 26 at 6:02 PM
$KAR unclear to me why they don't spin-off the AFC business into its own publicly traded vehicle. It has a separate brand -- Openlane vs AFC -- and the valuation multiple on the combined entity is very poor vs other asset-light market place businesses. Peter Kelly talks about synergy, but the Openlane/AFC wear different outfits in the field etc. Could spin out AFC with a special partnership i.e., give some special benefit to Openlane buyers who use AFC. I don't think they need to be under the same corporate umbrella. They sell 1.5 million cars per year -- plenty to be a stand-alone market place. Lots of volume on the October 30c? Odd.
1 · Reply
PhishTourFunds
PhishTourFunds Sep. 26 at 12:44 PM
$KAR While $30 was clearly going to resist this $28 level seems fairly well supported. Should consolidate to gain strength in order to push past and hold $31.
1 · Reply
indievestments
indievestments Sep. 25 at 4:40 PM
Q2 GMV: $KAR $7.5 billion vs $ACVA $2.7 billion. Plus Openlane has best in class flooring finance arm throwing off ~$150-$175M adj EBITDA KAR market cap $3B vs ACVA $1.7B Probably needs to re-rate further... ACVA option positioning looks bearish to me with lots of OTM calls.
1 · Reply
indievestments
indievestments Sep. 25 at 4:33 PM
$KAR shaking off the $KMX results pretty well esp vs $ACVA
0 · Reply
highnihilism
highnihilism Sep. 22 at 12:51 PM
IWM: Russell 2000 → $CMP Compass Minerals $KAR Openlane $WTTR Select Water Solutions $SVRA Savara $JELD Jeld-Wen Holding
0 · Reply
PhishTourFunds
PhishTourFunds Sep. 20 at 4:47 AM
$KAR 👀 This is a legit product. Lots to learn here but the $31 level is huge to unlock preferred > common conversion. Expecting resistance here. Already up 50% since crossing 200MA on 5/1.
0 · Reply
highnihilism
highnihilism Sep. 17 at 9:43 AM
IWM: Russell 2000 → $CMP Compass Minerals $KAR Openlane $WTTR Select Water Solutions $SVRA Savara $JELD Jeld-Wen Holding
0 · Reply
indievestments
indievestments Sep. 10 at 3:35 PM
$KAR this Peter Kelly is doing a good job. Took down 53% of the convertible preferred. I think KAR can convert the rest of the preferred into common if the shares trade above ~$32 for 20 of 30 trading days. https://finviz.com/news/161792/openlane-to-repurchase-53-of-series-a-convertible-preferred-stock
1 · Reply
indievestments
indievestments Sep. 8 at 7:49 PM
$KAR slow mover but chart does look amazing. Supposedly their supply of off-lease cars should start to ramp early 2026. They should also get out from under the preferred shares owned by Apax soon and save them a lot of preferred dividends they can put into buybacks or reinvest in growth.
0 · Reply
SkyHighProfits
SkyHighProfits Aug. 27 at 10:32 AM
$KAR trending upward but showing signs of exhaustion, needs confirmation.
0 · Reply
indievestments
indievestments Aug. 25 at 2:42 PM
$CPRT needs to buy something. CPRT ttock is too expensive to effect a huge stock buyback like they did in the past. Huge airpocket if market senses more market share losses to $RBA. $KAR is a natural fit imo.
0 · Reply
kiwitc2000
kiwitc2000 Aug. 21 at 3:18 PM
$KAR Moving sideways in a narrow range. Is it actually getting ready for another move up?
0 · Reply
indievestments
indievestments Aug. 12 at 12:34 AM
$ACVA way overvalued vs $KAR cc $CPRT
0 · Reply
JarvisFlow
JarvisFlow Aug. 7 at 7:25 PM
JP Morgan updates rating for Openlane ( $KAR ) to Neutral, target set at 22 → 25.
0 · Reply
fortmort22
fortmort22 Aug. 6 at 8:39 PM
$KAR shorted at 28.5 but doesn't look great for a quick
0 · Reply
JarvisFlow
JarvisFlow Aug. 6 at 4:46 PM
Barrington Research updates rating for Openlane ( $KAR ) to Outperform, target set at 25 → 30.
0 · Reply
indievestments
indievestments Aug. 6 at 1:29 PM
$KAR nice report
0 · Reply
Estimize
Estimize Aug. 6 at 12:18 PM
Wall St is expecting 0.22 EPS for $KAR Q3 [Reporting 11/04 BMO] http://www.estimize.com/intro/kar?chart=historical&metric_name=eps&utm_cont
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Aug. 6 at 11:55 AM
$KAR Openlane Q2 Adj. EPS $0.33 Beats $0.22 Estimate, Sales $481.700M Beat $453.259M Estimate
0 · Reply
indievestments
indievestments Aug. 4 at 6:12 PM
The other think about $KAR $CPRT etc (and I should have listened to the warnings from CEOs), the supply of used cars particularly 3 yr off lease cars won't rebound until 2026. Can't grow a lot with lack of supply.
0 · Reply
Estimize
Estimize Aug. 4 at 12:12 PM
Wall St is expecting 0.22 EPS for $KAR Q2 [Reporting 08/06 AMC] http://www.estimize.com/intro/kar?chart=historical&metric_name=eps&utm_cont
0 · Reply