Added to YB: 2025-11-28
Pitch date: 2025-09-29
LPRO [bullish]
Open Lending Corporation
-22.83%
current return
Author Info
No bio for this author
Company Info
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States.
Market Cap
$219.8M
Pitch Price
$2.19
Price Target
6.51 (+285%)
Dividend
N/A
EV/EBITDA
-1.89
P/E
-1.47
EV/Sales
7.95
Sector
Capital Markets
Category
turnaround
Open Lending Corporation - $LPRO
LPRO: Credit union auto loan facilitator w/ insurance-backed model (max loss $0). New CEO Jessica Buss replacing fired Chuck Jehl after $81M 4Q24 writedown from poor underwriting. AmTrust renewed partnership early to 2033. 450 of 4,400 US credit unions served. Est 2028: 129k loans, $605/loan profit = $78M EBITDA. 8x multiple + cash = $6.51 target (3x from $2.20).
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