OPENLANE, Inc. (KAR)

OPENLANE, Inc. (KAR) stock has shown an increase of 11.06% over the last six months and a 25.19% increase over the past year, but a -6.46% fall in the last month, and a -0.55% fall in the last week. Recent earnings reports have impacted the stock, with Q3 CY2025 results exceeding market revenue expectations and strong Q1 FY2025 performance. The market has revised upward the revenue expectations for FY2025 by 2.65% over the past three months, although the stock price decreased by -13.40% during the same period. Upcoming earnings reports are projected for Q4 2024 on February 19, 2025, Q1 2025 on May 7, 2025, and the next earnings report on February 24, 2026.

Demand seasonality for OPENLANE, Inc.'s products and services is influenced by various factors within the automotive remarketing industry, and the company acknowledges and tracks seasonal trends. Low lease originations in late 2021 and 2022 are expected to create a headwind for off-lease vehicle volumes in the second half of 2024 and throughout 2025, with material growth in these volumes not anticipated until 2026. Analysts currently expect OPENLANE's revenue to remain flat over the next 12 months, suggesting some ongoing demand challenges.

OPENLANE, Inc. (KAR) operates in the automotive remarketing industry, providing a digital marketplace for used vehicles across North America and Europe. The company's core business revolves around digital marketplaces, including OPENLANE US, OPENLANE Canada, and OPENLANE Europe, which facilitate the buying and selling of wholesale vehicles. The company also provides short-term, inventory-secured financing (AFC) and ancillary services such as transportation logistics, reconditioning, vehicle inspection, titling, administrative support, collateral recovery, and vehicle history and pricing evaluation.

OPENLANE, Inc. has a significant international presence, with operations spanning North America and Europe. Its digital marketplaces serve customers in the United States, Canada, Continental Europe, and the United Kingdom. Specifically in Europe, the company has sales operations in Belgium, France, Germany, Italy, the Netherlands, and Spain, and serves buyers in over 50 countries. The company also has employees in Uruguay and the Philippines.

OPENLANE, Inc.'s brand reputation has been shaped by its rebranding from KAR Auction Services, Inc. in May 2023, consolidating marketplace brands under a unified OPENLANE identity. This change aimed to simplify the customer experience and reflect the company's evolution into a more asset-light, digital marketplace. The company's mission to empower customers through efficient, transparent, and data-driven solutions has contributed to its reputation for reliability and innovation.

OPENLANE, Inc. (KAR) has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock, approximately 30.97% to 87.27%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Burgundy Asset Management Ltd., Dimensional Fund Advisors Lp, State Street Corp, Neuberger Berman Group LLC, Brown Advisory Inc, Invesco Ltd., and American Century Companies Inc. Individual and insider ownership also plays a role, with insiders owning approximately 0.71% to 49.26% and public companies and individual investors owning around 27.39% to 40.93% of the stock. Howard A. Matlin is reported as the largest individual shareholder, owning 38.74 million shares, representing 36.45% of the company.