J.P. Morgan Sticks to Their Hold Rating for OPENLANE (KAR)

J.P. Morgan analyst Rajat Gupta CFA maintained a Hold rating on OPENLANE today and set a price target of $22.00. The company’s shares closed yesterday at $24.92.

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Gupta CFA covers the Consumer Cyclical sector, focusing on stocks such as Lithia Motors, Asbury, and AutoNation. According to TipRanks, Gupta CFA has an average return of 17.6% and a 61.27% success rate on recommended stocks.

Currently, the analyst consensus on OPENLANE is a Moderate Buy with an average price target of $24.75, implying a -0.68% downside from current levels. In a report released on July 15, Bank of America Securities also reiterated a Hold rating on the stock with a $26.00 price target.

The company has a one-year high of $26.04 and a one-year low of $15.44. Currently, OPENLANE has an average volume of 851.9K.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KAR in relation to earlier this year. Most recently, in May 2025, James P Coyle, the EVP & President, Marketplace of KAR sold 7,000.00 shares for a total of $152,040.00.