How to Buy Open Lending Stock

Open Lending Corp

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States.

Open Lending stock last closed at $0.85, up 1.92% from the previous day, and has decreased 82.55% in one year. It has underperformed other stocks in the Credit Services industry by 0.9 percentage points. Open Lending stock is currently +21.43% from its 52-week low of $0.70, and -87.8% from its 52-week high of $6.97.

There are currently 119.78M shares of LPRO outstanding. The market value of LPRO is $101.82M. In the past 24 hours, 4.03M LPRO shares were traded.

How to Buy Open Lending Stock

Wondering how to invest in Open Lending stock? Here's how.

  1. Decide where to buy Open Lending stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Open Lending stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your info.
  4. Research Open Lending stock: The Open Lending ticker symbol is LPRO. Is Open Lending stock a good investment? Should you buy shares of LPRO? How do LPRO's underlying business fundamentals look? Do top analysts think Open Lending is a good buy? Why has LPRO's stock price moved recently? (Hint: Our stock research website can help you decide if LPRO is a good stock to buy).
  5. Place your LPRO trade: Decide if you will purchase LPRO shares at the current market price or use a limit order to purchase LPRO stock at a particular price.
  6. Track your investment in LPRO: Create a watchlist to get live updates on your position in Open Lending stock.

Step 1: Decide where to buy Open Lending stock

You need a brokerage account in order to access the NASDAQ market and buy LPRO stock.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in LPRO stock today.

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Step 3: Put funds into your investment account

Now that you have filled out your info on a good stock buying app, you need to deposit funds:

Watch the tutorial below to see the process of depositing money into your new investment account.

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Step 4: Research Open Lending stock

After you have chosen the best place to buy Open Lending stock, it's crucial to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.

Open Lending shares data

LPRO Price
$0.85
1w %
-8.01%
1y %
-82.55%
5y %
-91.67%
P/E
-0.75x
P/B
1.3x
P/S
4.21x
PEG
N/A
Revenue
$24.02M
Earnings
-$135.01M
Fore. Rev. Growth
116.47%
Fore. Earn. Growth
N/A
Market Cap
$101.82M
Next Earnings
May 5, 2025
Next Dividend
N/A

Open Lending Overview

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on LPRO's stock page.

How is LPRO stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge LPRO's true value.

Using relative valuations measures:

  • LPRO may be undervalued based on its P/B ratio of 1.3x, relative to Credit Services industry P/B ratio of 5.03x

You can access additional valuation research on LPRO's stock here.

LPRO Financial Summary

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the LPRO balance sheet.
  • Total LPRO debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the LPRO balance sheet.

Failed Health Checks:

  • LPRO's operating cash flow of $17.60M allows it to safely service it's debt of $142.99M.
  • LPRO earnings of -$53.29M is not sufficient to cover its interest payments.
  • LPRO has a relatively high debt to equity ratio of 2.8.
  • LPRO profit margin has gone down from 18.8% to -562% in the past year.

Is it a good time to buy LPRO stock, according to Wall Street analysts?

Out of 3 Equities analysts who monitor LPRO, the consensus analyst rating on LPRO is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Open Lending stock forecast page.

LPRO Technicals

SMA10
0.89
SMA20
1.58
SMA50
3.53
SMA100
4.69
SMA200
5.26
MACD
-0.82
MACD Signal
-0.88
MACD Histogram
0.06
RSI
15.36
Stochastic %K
7.5
Stochastic %D
7.52
StochRSI %K
56.18
StochRSI %D
41.29

LPRO Performance Metrics

Last year, LPRO revenue was $24.02M. During the past 5 year, LPRO's revenue has increased by -23.69% per year. This was slower than the Credit Services industry average of 9.71%.

Find out more about LPRO's earnings and revenue performance here.

Who is buying/selling LPRO?

In the past 12 months, insiders at LPRO have sold more shares than they have bought.

Charles D. Jehl, Interim CFO of LPRO, was the latest LPRO insider to sell. They sold $961.92 worth of LPRO shares on Apr 12, 2025.

Get more info about who owns LPRO stock here.

Does LPRO provide a stable income stream?

No, Open Lending doesn't provide an income stream by paying out dividends.

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Step 5: Place your LPRO trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Track your investment in LPRO

Now that you own some shares in LPRO, you'll want to keep up with your investment.

Add LPRO to a watchlist to monitor your LPRO stock.

LPRO Feed

How to Buy Stock in Open Lending

To reiterate, here are the 6 steps for buying Open Lending stock:

  1. Decide where to buy Open Lending stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Open Lending stock
  5. Place your LPRO trade
  6. Track your investment in LPRO

If you require a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Open Lending, create your watchlist below.

NASDAQ: LPRO
$0.85+0.02 (+1.92%)
Updated Apr 21, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: LPRO
$0.85+0.02 (+1.92%)
Updated Apr 21, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Open Lending share?

As of Apr 21, 2025, it costs $0.85 to buy one share of Open Lending stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.43, you can buy 0.5 shares of LPRO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Open Lending stock?

According to 3 Wall Street analysts who monitor Open Lending, their consensus recommendation is to buy Open Lending stock.

What is the best way to buy Open Lending stock?

One way to place an order for Open Lending stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.