Openlane Inc (KAR)

$30.88 +0.11 (0.36%)
Market Cap 3.28B
Revenue (ttm) 1.79B
Net Income (ttm) 109.90M
EPS (ttm) N/A
PE Ratio 25.64
Forward PE 24.57
Profit Margin 6.14%
Debt to Equity Ratio 0.01
Volume 311,100
Avg Vol 929,864
Day's Range N/A - N/A
Shares Out 106.26M
Stochastic %K 96%
Beta 1.25
Analysts Strong Sell
Price Target $31.81

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
zerodayrounder
zerodayrounder May. 7 at 5:44 PM
$KAR still think $CPRT should own KAR (huge network effect D2D/OEM off-lease plus big floor financing biz) --- they need to stop buying land and start moving into wholesale cars given salvage is a duopoly and appears like they are losing some share to $RBA. Easily catapults them into competing with Mannheim etc.
0 · Reply
zerodayrounder
zerodayrounder May. 7 at 5:42 PM
$KAR continues to beast. converting that remaining preferred equity owned by APAX will probably take some more pressure off. I think KAR has to trade over 31 for 20/30 days and it can be converted to common.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 7:28 PM
$KAR This was the post - if you had missed the step by step guidance this was the mean reversion to ~$26 support and the final reload before $31+
0 · Reply
zerodayrounder
zerodayrounder May. 5 at 5:44 PM
$ACVA $KAR other way around now 9 montbs later. KAR more established w/ more sellers/buyers and floor financing biz, but I do have to say that ACVA VIPER tech et al looks pretty convincing. Maybe accelerates physical to virtual auction transition. ACVA peak valuation was about 5x EV/revs. About 1x now and on verge of inflecting to non-GAAP profits. I don't like the ACVA CEO Chaoumon as much as OPLNs Peter Kelly but valuation seems pretty interesting here at just under $1B market cap
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zerodayrounder
zerodayrounder May. 5 at 4:25 PM
$KAR I guess off-lease inventory is ramping like Peter Kelly guided to the last 12-18 months. Wow, 32% GMV growth is impressive stuff. Not a high profile biz, but sure benefits from network effects and maybe some cyclical drivers going forward. And the remaining preferred share for sure will be converted to common stock in next month or so. That saves the co significant preferred div's and can then turn to aggressively paying down debt or fund buybacks or M&A.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 1:57 PM
$KAR
1 · Reply
StocktwitsEarnings
StocktwitsEarnings May. 5 at 11:10 AM
$KAR Q1 '26 Earnings Results & Recap • Reported GAAP EPS of $0.35 up 94.44% YoY • Reported revenue of $527.9M up 14.74% YoY • OPENLANE updated its 2026 annual guidance, raising net income to $147M, Adjusted EBITDA to $365M, and Operating Adjusted EPS to $1.28-$1.42, reflecting increased confidence.
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PhishTourFunds
PhishTourFunds May. 1 at 10:36 PM
$KAR Mad respect to $31
0 · Reply
PhishTourFunds
PhishTourFunds May. 1 at 6:15 PM
$KAR 🤔 Significant institutional inflow above the $31 level as opposed to the perhaps “expected” outflow from exercising preferred shares here 👍
0 · Reply
PhishTourFunds
PhishTourFunds Apr. 25 at 2:01 AM
$KAR 👌🏼
0 · Reply
Latest News on KAR
No data available.
zerodayrounder
zerodayrounder May. 7 at 5:44 PM
$KAR still think $CPRT should own KAR (huge network effect D2D/OEM off-lease plus big floor financing biz) --- they need to stop buying land and start moving into wholesale cars given salvage is a duopoly and appears like they are losing some share to $RBA. Easily catapults them into competing with Mannheim etc.
0 · Reply
zerodayrounder
zerodayrounder May. 7 at 5:42 PM
$KAR continues to beast. converting that remaining preferred equity owned by APAX will probably take some more pressure off. I think KAR has to trade over 31 for 20/30 days and it can be converted to common.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 7:28 PM
$KAR This was the post - if you had missed the step by step guidance this was the mean reversion to ~$26 support and the final reload before $31+
0 · Reply
zerodayrounder
zerodayrounder May. 5 at 5:44 PM
$ACVA $KAR other way around now 9 montbs later. KAR more established w/ more sellers/buyers and floor financing biz, but I do have to say that ACVA VIPER tech et al looks pretty convincing. Maybe accelerates physical to virtual auction transition. ACVA peak valuation was about 5x EV/revs. About 1x now and on verge of inflecting to non-GAAP profits. I don't like the ACVA CEO Chaoumon as much as OPLNs Peter Kelly but valuation seems pretty interesting here at just under $1B market cap
0 · Reply
zerodayrounder
zerodayrounder May. 5 at 4:25 PM
$KAR I guess off-lease inventory is ramping like Peter Kelly guided to the last 12-18 months. Wow, 32% GMV growth is impressive stuff. Not a high profile biz, but sure benefits from network effects and maybe some cyclical drivers going forward. And the remaining preferred share for sure will be converted to common stock in next month or so. That saves the co significant preferred div's and can then turn to aggressively paying down debt or fund buybacks or M&A.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 1:57 PM
$KAR
1 · Reply
StocktwitsEarnings
StocktwitsEarnings May. 5 at 11:10 AM
$KAR Q1 '26 Earnings Results & Recap • Reported GAAP EPS of $0.35 up 94.44% YoY • Reported revenue of $527.9M up 14.74% YoY • OPENLANE updated its 2026 annual guidance, raising net income to $147M, Adjusted EBITDA to $365M, and Operating Adjusted EPS to $1.28-$1.42, reflecting increased confidence.
0 · Reply
PhishTourFunds
PhishTourFunds May. 1 at 10:36 PM
$KAR Mad respect to $31
0 · Reply
PhishTourFunds
PhishTourFunds May. 1 at 6:15 PM
$KAR 🤔 Significant institutional inflow above the $31 level as opposed to the perhaps “expected” outflow from exercising preferred shares here 👍
0 · Reply
PhishTourFunds
PhishTourFunds Apr. 25 at 2:01 AM
$KAR 👌🏼
0 · Reply
zerodayrounder
zerodayrounder Apr. 19 at 3:33 PM
$KAR trading above the forced conversion price of the remaining high cost preferred stock
0 · Reply
PhishTourFunds
PhishTourFunds Apr. 19 at 2:35 PM
$KAR not a surprise that the move above $31 happened with a gap up from $30.70 Let’s call it the “Warrant Gap”
1 · Reply
PhishTourFunds
PhishTourFunds Apr. 16 at 1:31 AM
$KAR : building higher lows Hit $30.99 today right under the magical $31 level 200MA is the line hangin below
0 · Reply
stocksmit
stocksmit Apr. 10 at 12:56 PM
$KAR @Stocktwits this pretty sure needs to convert to OPLN they changed in December 25. Just giving heads up here if this even works tagging lol.
0 · Reply
PhishTourFunds
PhishTourFunds Apr. 9 at 5:45 AM
$KAR A close at $30.98 before moving down to gain strength before trying again. $31 is a game changer here.
0 · Reply
PhishTourFunds
PhishTourFunds Mar. 31 at 12:26 AM
$KAR 6 months worth of guidance on an exclusive play and we are all over it so far
0 · Reply
PhishTourFunds
PhishTourFunds Mar. 31 at 12:15 AM
$KAR look how strong the bounce was off the $26 support that is firmly in place now 💪 BUT it’s looking like it will close a third day under $28 tomorrow and could finish filling the gap from $24
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PhishTourFunds
PhishTourFunds Mar. 10 at 4:40 AM
$KAR $OPLN $26 support held and bounced. Watching to see if it can maintain each time $31 rejects as it’s likely to do for a while still.
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PhishTourFunds
PhishTourFunds Feb. 26 at 4:56 AM
$KAR 👀 back in action Been to $31.78 and back as that CRUCIAL $31 remains protected
0 · Reply
PhishTourFunds
PhishTourFunds Feb. 26 at 4:54 AM
$KAR @Stocktwits dafuq? $OPLN
0 · Reply
zerodayrounder
zerodayrounder Feb. 24 at 6:38 PM
$KAR seems like it will never get over the preferred equity conversion price ... seems like an overhang on the common
2 · Reply
StocktwitsEarnings
StocktwitsEarnings Feb. 18 at 12:12 PM
$KAR Q4 '25 Earnings Results & Recap • Reported GAAP EPS of -$1.77 down -710.34% YoY • Reported revenue of $494.3M up 8.64% YoY • OPENLANE expects 2026 annual guidance for net income to range from $130M to $147M, with Adjusted EBITDA projected between $350M and $370M, and Operating Adjusted EPS from $1.24 to $1.38.
0 · Reply