LPRO
Open Lending Corp
LPRO
3.14USD
+0.00%
Sep 25, 2026
Price
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Price Action
Not enough price history for a trend read.
Key Financials
- Market Cap
- $371.5M
- Avg Volume (60D)
- 1.4M
- Revenue Growth YoY
- -16.0%
- Gross Margin
- +77.2%
- Operating Margin
- -3.1%
- Free Cash Flow Yield
- +2.0%
- P/E
- N/M
- EV / EBITDA
- 56.4x
- EV / Sales
- 3.2x
60 sessions
Latest quarter
Trailing twelve months
Market metrics as of Sep 14, 2026
Fundamentals & Valuation
Two of the three valuation perspectives say cheap; peers is the dissenting view. The published stance is held at fair because operating losses behind the low multiple.
Open Lending Corp has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced. It trades at 3.2x revenue, broadly in line with what the business currently supports.
Company Research
Thesis
Open Lending is a direct lending-enablement provider: its Lenders Protection platform combines automated underwriting and loan-level risk/pricing analytics with default-protection insurance arranged through third-party insurers for banks, credit unions and other auto lenders.
Opportunity
Limited opportunity
Automotive lenders' use of automated risk models, granular pricing, portfolio analytics and credit-risk mitigation to originate profitably beyond prime borrowers while controlling loss volatility.
Key risk
Decline in automotive loan origination volumes.
Narrative & Theme
Auto Credit Availability and Risk Management
Part of Data-Driven Nonprime Auto Credit Underwriting, with strong fit.
This is a genuine but niche, unpromoted finance narrative rather than a fit with any current active infrastructure, defense, energy, cybersecurity, semiconductor or metabolic-care narrative.
Narrative HeatNeutral4.7 / 10
This reading is no longer current (last measured 2026-09-11). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral5.0 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.
Business & Markets
Financial Services · Credit Services
What they do
Open Lending Corp provides cloud-based lending enablement and risk analytics solutions to automotive lenders, enabling automated loan analytics and credit default insurance issuance.
How it earns
The company generates revenue primarily through subscription and transactional fees for its lending platform and analytics services.
Products & services
Lenders Protection Platform (LPP)
Loan analytics
Risk-based loan pricing
Risk modeling
Automated decision technology
Customers & end markets
Credit unions
Regional banks
Finance companies
Captive finance companies of automakers
Market position
Niche provider specializing in automotive lending risk analytics and insurance enablement.
Demand drivers
Medium cyclicality
Automotive lending demand and credit markets fluctuate with economic cycles affecting loan origination volumes.