Evaluating Open Lending: Insights From 7 Financial Analysts
Portfolio Pulse from Benzinga Insights
Open Lending (NASDAQ:LPRO) has been rated by 7 analysts in the past three months, with a mix of bullish to bearish sentiments. The average 12-month price target is now $7.21, down 35.28% from the previous $11.14. Analysts have adjusted their ratings and price targets, with one analyst raising and five lowering their targets. Open Lending's financial health shows a decline in revenue growth, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio, indicating potential financial strain.
January 12, 2024 | 1:00 pm
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Open Lending faces a downward revision in analyst price targets with an average of $7.21, indicating potential pressure on the stock price. Financial indicators suggest challenges in revenue, profitability, and debt management.
The significant drop in the average price target and the lowering of ratings by multiple analysts suggest a bearish outlook for Open Lending in the short term. The negative financial indicators such as the decline in revenue and below-average profitability metrics further support the likelihood of a negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100