OPENLANE (KAR) Receives a Hold from Bank of America Securities

Bank of America Securities analyst John Murphy maintained a Hold rating on OPENLANE today and set a price target of $29.00. The company’s shares opened today at $26.72.

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According to TipRanks, Murphy is a 5-star analyst with an average return of 7.3% and a 55.58% success rate. Murphy covers the Consumer Cyclical sector, focusing on stocks such as OPENLANE, Asbury, and CarMax.

OPENLANE has an analyst consensus of Moderate Buy, with a price target consensus of $26.00.

Based on OPENLANE’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $460.1 million and a net profit of $36.9 million. In comparison, last year the company earned a revenue of $416.3 million and had a net profit of $18.5 million

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.