A share price of Open Lending Corp [LPRO] is currently trading at $1.01, up 18.82%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LPRO shares have gain 9.34% over the last week, with a monthly amount drifted -68.97%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on March 20, 2025, and dropped its price target to $3.70. On January 29, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $7 on the stock. Needham downgraded its rating to a Hold. BTIG Research initiated its recommendation with a Neutral. Morgan Stanley upgraded its rating to Equal-Weight for this stock on February 06, 2024, and upped its price target to $7. In a note dated November 08, 2023, Canaccord Genuity downgraded an Hold rating on this stock and revised its target price from $20 to $5.50.
Open Lending Corp experienced fluctuations in its stock price throughout the past year between $0.70 and $6.97. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Open Lending Corp [NASDAQ: LPRO] shares were valued at $1.01 at the most recent close of the market. An investor can expect a potential return of 1385.15% based on the average LPRO price forecast.
Analyzing the LPRO fundamentals
Trailing Twelve Months sales for Open Lending Corp [NASDAQ:LPRO] were 24.02M which represents -481.04% decline. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -2.72%, Pretax Profit Margin comes in at -2.69%, and Net Profit Margin reading is -5.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.46, Equity is -0.74 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9000 points at the first support level, and at 0.7900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0700, and for the 2nd resistance point, it is at 1.1300.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Open Lending Corp [NASDAQ:LPRO] is 5.84. In addition, the Quick Ratio stands at 5.84 and the Cash Ratio stands at 5.15. Considering the valuation of this stock, the price to sales ratio is 5.04, the price to book ratio is 1.54.
