Argus lifts target for OPENLANE stock to USD 39.00

Published on 10/17/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue was USD 554.60 million. OPENLANE stock was USD 37.03 on October 16, 2026 at 4:00 p.m. ET, up 0.14 percent on NYSE.

Analyst target and earnings date

Argus raised its target to USD 39.00 on October 14, 2026, 5.32 percent above the price.
OPENLANE reported USD 554.60 million in revenue for the second quarter of 2026.
OPENLANE stock was USD 37.03 at 4:00 p.m. ET on October 16, 2026, up 0.14 percent versus the prior close on NYSE.
Third-quarter results are scheduled for November 4, 2026, before the market opens.

OPLN, US48238T1097, Illustration mit AI erstellt.

Argus raised its target for OPENLANE to USD 39.00 on October 14, 2026. At the last NYSE quote of USD 37.03 on October 16, 2026 at 4:00 p.m. ET, that target stood 5.32 percent above the price, calculated in USD.

The last NYSE quote was up 0.14 percent on the day. OPENLANE stock had a session high of USD 37.67, a low of USD 36.84 and volume of 807,818 shares on October 16, 2026.

Second-quarter revenue reached USD 554.60 million

OPENLANE reported USD 554.60 million in revenue for the second quarter of 2026, alongside consolidated net income of USD 44.30 million and diluted earnings per share of USD 0.32, according to the company's investor-relations materials dated August 4, 2026. Operating profit for the quarter was USD 67.50 million. These figures give the upcoming report a clear operating baseline.

Stock position on October 16

The stock stood 13.26 percent below its 52-week high of USD 42.69 and 43.47 percent above its 52-week low of USD 25.81 on October 16, 2026. Its market capitalization was USD 4.5 billion on the same date. The latest analyst average target reported by MarketBeat was USD 43.83 across seven brokerages on October 16, 2026.

Valuation and November 4 date

Argus was not the only recent target update. The October 14, 2026 report placed its target at USD 39.00, while MarketBeat cited a USD 43.83 average target. OPENLANE is scheduled to release third-quarter 2026 results before the market opens on November 4, 2026, according to FT.

Comparison with peers

OPENLANE (NYSE, USD): plus 0.14 percent, market capitalization USD 4.5 billion
CarMax (NYSE, USD): plus 1.35 percent, P/E 25.04, market capitalization USD 7.6 billion
Carvana (NYSE, USD): minus 2.95 percent, P/E 27.26, market capitalization USD 64.5 billion

Market value and reporting date

OPENLANE's USD 4.5 billion market capitalization and 52-week range of USD 25.81 to USD 42.69 frame the current valuation ahead of the November 4 report. The next result will show whether the second-quarter revenue pace continued into the third quarter.

Market context: Market report S&P 500.