⬆ $Open Lending Corp(LPRO)$ - We are maintaining our Outperform rating on LPRO following better than feared 1Q results that featured 7% revenue upside and EBITDA relatively in... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/dare-we-say-greenshoots?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Open Lending Corp (LPRO):- https://www.smartkarma.com/entities/open-lending-corp?utm_source=tiger_community
⬆ $Open Lending Corp(LPRO)$ - We are maintaining our Outperform rating on LPRO following disappointing 4Q results, which included a negative profit share revision that caused a... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/clearer-roads-ahead-in-2024?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Open Lending Corp (LPRO):- https://www.smartkarma.com/entities/open-lending-corp?utm_source=tiger_community
$Open Lending Corporation(LPRO)$signs OE Federal Credit Union as a client with $1.2bn in AUM.Lock up expiration comes up on December 7th for ~47% of the shares. We may see some weakness in the near term given the strong performance YTD.$25 is a strong buy.
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. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. Its LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.