Open Lending Corporation Financial Disclosures & SEC Filings
This page provides access to Open Lending Corporation's (LPRO) financial disclosures and SEC filings, including Forms 10-K, 10-Q, and 8-K. The documents span from 2021 to recent 2026 earnings reports, offering insights into the company's financial performance, operational updates, and strategic decisions. Key highlights include improved loan quality in Q1 2026, disciplined execution in 2025 leading to loan growth, and a major Q4 2024 loss prompting leadership changes and stricter underwriting.
LPRO - Open Lending Corp Volatility & Greeks
This article provides a detailed overview of Open Lending Corp (LPRO) financial data, including its volatility, various financial ratios, performance metrics, and insider and institutional ownership. It lists key financial figures such as market cap, revenues, earnings per share, and stock performance over different periods. The article also touches upon options availability and short interest for LPRO.
ANV offers $3.15 for Open Lending (NASDAQ: LPRO) in tender offer
ANV Group Holdings Ltd. has launched a third-party tender offer to acquire all outstanding shares of Open Lending Corporation (NASDAQ: LPRO) for $3.15 per share in cash. The offer is made through its wholly-owned purchaser, Lakers Acquisition Sub, Inc., and is detailed in a Schedule TO filing incorporating an Offer to Purchase dated June 29, 2026, and an Agreement and Plan of Merger dated June 15, 2026. The financing for the acquisition is supported by documented debt and equity commitment letters.
Join Class Action to Recover Losses from Open Lending Corporation
Levi & Korsinsky, LLP has announced a class action lawsuit against Open Lending Corporation (NASDAQ: LPRO) for alleged securities fraud. Shareholders who suffered losses between February 24, 2022, and March 31, 2025, are encouraged to contact the firm before June 30, 2025, to learn about their rights to recover losses. The lawsuit claims that the company misrepresented its risk-based pricing models, profit share revenue, and the performance of its 2021, 2022, 2023, and 2024 vintage loans.
Investors in Open Lending Corporation (LPRO): Protect Your Rights
Levi & Korsinsky LLP has announced a class action securities lawsuit against Open Lending Corporation (NASDAQ: LPRO). The lawsuit seeks to recover losses for shareholders who were adversely affected by alleged securities fraud between February 24, 2022, and March 31, 2025. The firm claims Open Lending misrepresented its risk-based pricing models and profit share revenue, and failed to disclose underperformance of its 2021-2024 vintage loans.
LPRO ALERT: Levi & Korsinsky Files Securities Fraud Class Action Against Open Lending Corporation - June 30, 2025 Deadline
Levi & Korsinsky LLP has filed a securities fraud class action lawsuit against Open Lending Corporation (NASDAQ: LPRO). The lawsuit alleges that Open Lending made false statements regarding its risk-based pricing models, profit share revenue, and the underperformance of its vintage loans between February 24, 2022, and March 31, 2025. Investors who suffered losses on their Open Lending stock during this period are encouraged to seek information about their recovery rights, with a deadline of June 30, 2025.
LPRO Downgraded by DA Davidson -- Price Target Raised to $3.15
DA Davidson has downgraded Open Lending (LPRO) from Buy to Neutral, though its price target was increased to $3.15 from $3.00. Despite this downgrade, GuruFocus assesses LPRO as undervalued by 45.6% with a GF Value™ of $5.73, while also issuing a "Possible Value Trap" warning. The company's GF Score™ is 71/100, showing strengths in profitability and momentum but weaknesses in financial strength and valuation.
Open Lending (Nasdaq:LPRO) - Stock Analysis
Open Lending Corporation (LPRO) provides lending enablement and risk analytics solutions with its Lenders Protection Platform. The company recently announced a cash merger agreement to be acquired by ANV Group Holdings Ltd. for approximately $390 million, with shareholders receiving $3.15 per share. Analysts have adjusted price targets accordingly, and the transaction is expected to close in Q3 2026, after which LPRO will become a private company.
Open Lending (LPRO) Gets a Hold from BTIG
BTIG analyst Vincent Caintic has maintained a Hold rating on Open Lending (LPRO) after the company's shares closed at $3.11. Caintic's analysis, informed by the financial sector, follows Open Lending's latest earnings report, which showed a quarterly revenue of $20.49 million and a GAAP net loss of $460 thousand. Despite the Hold rating, the general Street consensus for Open Lending is a Moderate Buy with an average price target of $2.50.
ANV Group Holdings to take Open Lending private via all-cash tender offer
ANV Group Holdings has announced an all-cash tender offer to acquire all outstanding shares of Open Lending for $3.15 per share, taking the risk analytics provider private. This offer represents a significant premium of approximately 78% to Open Lending’s 90-day volume weighted average price. The transaction, unanimously approved by Open Lending's board, is expected to close in the third quarter of 2026, making Open Lending a privately held company and delisting its common stock from Nasdaq.
Open Lending to go private following acquisition by ANV
Open Lending, an auto fintech company, is set to go private after being acquired by insurance provider ANV Group Holdings. This acquisition will provide Open Lending with additional capital, expanded market and distribution relationships, and strategic support for long-term growth. The company reported $20.5 million in revenue in Q1, though its certified loan volume was down 24%.
Open Lending Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Open Lending Corporation - LPRO
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Open Lending Corporation (NasdaqGM: LPRO) to ANV Group Holdings Ltd., where shareholders are set to receive $3.15 per share in cash. KSF is evaluating whether this consideration adequately values the company and if the process leading to the transaction was fair. The firm encourages shareholders who believe the offer undervalues the company to contact them to discuss their legal rights.
ANV Group to commence tender offer for Open Lending (NASDAQ: LPRO)
ANV Group Holdings Ltd. and its subsidiary Lakers Acquisition Sub, Inc. have issued preliminary communications regarding a planned tender offer and merger for Open Lending Corporation (NASDAQ: LPRO), following an agreement dated June 15, 2026. The formal offer has not yet commenced, and detailed offer materials will be filed on Schedule TO and a solicitation/recommendation statement on Schedule 14D-9 will be filed upon commencement. The article emphasizes that important information for stockholders will be made available on Open Lending's website and the SEC website, reiterating that the current communication is for informational purposes only and does not disclose price or aggregate amounts.
Major Open Lending (LPRO) holder supports $3.15-per-share cash tender offer and merger
A major shareholder group of Open Lending (LPRO), led by Nebula Holdings and True Wind Capital, has agreed to support a $3.15-per-share cash tender offer and merger proposal from ANV Group Holdings. This group, holding 6.4% of Open Lending's common stock, has committed to tendering all its shares, voting against competing proposals, and waiving appraisal rights, thereby strengthening the deal's certainty. The merger agreement, dated June 15, 2026, involves Merger Sub (a subsidiary of ANV Group Holdings) launching a tender offer for all outstanding shares, followed by a merger where Open Lending will become an indirect wholly-owned subsidiary of Parent.
D.A. Davidson reiterates Open Lending stock Buy on acquisition news By Investing.com
D.A. Davidson has reiterated a Buy rating and a $3.00 price target for Open Lending (NASDAQ:LPRO) following the announcement of its acquisition by ANV Group Holdings Ltd. for $3.15 per share in an all-cash tender offer. This acquisition, valued at approximately $294 million, represents a significant premium for shareholders and has caused the stock to surge. Despite the offer price, D.A. Davidson still considers the stock undervalued, with a fair value of $3.48, and maintains its positive outlook based on the company's financial performance exceeding forecasts.
D.A. Davidson reiterates Open Lending stock Buy on acquisition news
D.A. Davidson maintained a Buy rating and $3.00 price target on Open Lending (NASDAQ:LPRO) following the announcement of its acquisition by ANV Group Holdings Ltd. for $3.15 per share in an all-cash tender offer. The stock surged 46.7% and is trading near its 52-week high, with analysts noting it remains undervalued even at the offer price. This acquisition and recent Q1 2026 financial results, which exceeded some forecasts, highlight significant expected changes for the company.
Shareholder Alert: Ademi LLP investigates whether Open Lending Corporation is obtaining a Fair Price for Public Shareholders
Ademi LLP is investigating Open Lending (NASDAQ: LPRO) regarding potential breaches of fiduciary duty and other legal violations related to its transaction with ANV Group Holdings. Shareholders are set to receive $3.15 per share, while insiders are expected to benefit significantly from change of control arrangements. The investigation focuses on whether Open Lending's board of directors is upholding its fiduciary duties to all shareholders, especially concerning restrictive clauses in the agreement that could limit competing offers.
ANV Group to acquire Open Lending in $372 million all-cash deal
ANV Group Holdings is set to acquire automotive lending specialist Open Lending in an all-cash deal valued at approximately $372 million. The acquisition, approved unanimously by Open Lending's board, features a 78% premium over the company's 90-day volume weighted average price and is expected to close in Q3 2026, after which Open Lending will be delisted from Nasdaq. This strategic move allows ANV to scale Open Lending's default insurance model, leveraging its existing mortgage and structured credit exposure amid a challenging US automotive lending market.
ANV Group to acquire Open Lending in $372M all-cash deal
ANV Group Holdings has agreed to acquire Open Lending, an automotive lending specialist, in an all-cash deal valued at approximately $372 million. The acquisition, approved unanimously by Open Lending's board, offers $3.15 per share, an yaklaşık 78% premium. This move allows Blackstone-backed ANV to scale Open Lending's default insurance model, leveraging its existing credit insurance capabilities and betting on a recovery in the auto credit cycle despite recent market stress.
ANV to buy Open Lending (NASDAQ: LPRO) in all-cash $3.15-per-share deal
ANV Group Holdings is acquiring Open Lending (NASDAQ: LPRO) through an all-cash tender offer for $3.15 per share, representing approximately a 78% premium to Open Lending's 90-day volume-weighted average price as of June 15, 2026. Open Lending's board has unanimously approved the deal, which also has support from key stockholders holding about 12.8% of outstanding shares. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and a majority of shares being tendered.
Open Lending Enters into Merger Agreement to be Acquired by ANV
ANV Group Holdings Ltd. will acquire Open Lending Corporation (NASDAQ: LPRO) in an all-cash tender offer for $3.15 per share, representing a 78% premium to Open Lending's 90-day volume weighted average price. The transaction, expected to close in Q3 2026, will make Open Lending a privately held company, providing it with capital and strategic support for growth while expanding ANV's U.S. footprint and insurance-backed credit strategy.
Open Lending enters into merger agreement to be acquired by ANV
Jones Day is advising Open Lending Corporation on its acquisition by ANV Group Holdings Ltd. The deal involves an all-cash tender offer of $3.15 per share. Open Lending is a provider of insurance-backed lending solutions, while ANV Group Holdings Ltd. is a global insurance intermediary platform.
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Open Lending Corporation (NASDAQ: LPRO)
Monteverde & Associates PC, a class action firm, announced an investigation into Open Lending Corporation (NASDAQ: LPRO) regarding its proposed sale to ANV Group Holdings Ltd. Shareholders are expected to receive $3.15 per share in cash. The firm encourages Open Lending shareholders to contact them to determine if this is a fair deal.
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Open Lending Corporation (NASDAQ: LPRO)
Monteverde & Associates PC, a class action firm, announced an investigation into Open Lending Corporation (NASDAQ: LPRO) regarding its proposed sale to ANV Group Holdings Ltd. The firm is questioning whether the $3.15 per share cash offer for Open Lending shareholders represents a fair deal. Shareholders are invited to contact the firm for more information without cost or obligation.
Shareholder Alert: Ademi LLP investigates whether Open Lending Corporation is obtaining a Fair Price for Public Shareholders
Ademi LLP is investigating Open Lending (NASDAQ: LPRO) for potential breaches of fiduciary duty due to its recently announced transaction with ANV Group Holdings, where public shareholders will receive $3.15 per share. The firm is examining whether the Open Lending board of directors is fulfilling its duties, particularly given the substantial benefits insiders will receive and a significant penalty for accepting competing bids. Shareholders are encouraged to join the investigation.
Planned tender offer for Open Lending (NASDAQ: LPRO) after June 15 deal
Open Lending Corporation (NASDAQ: LPRO) is the target of a planned tender offer by ANV Group Holdings Ltd. through its subsidiary Lakers Acquisition Sub, Inc. This follows an Agreement and Plan of Merger dated June 15, 2026. While the offer has not yet commenced, ANV and the Purchaser will file offer materials on Schedule TO, and Open Lending will subsequently file a solicitation/recommendation statement on Schedule 14D-9.
ANV Agrees to Buy Open Lending Corp in All-Cash Deal
ANV Group Holdings Ltd. will acquire Open Lending Corporation in an all-cash deal for $3.15 per share, representing a 78% premium. Open Lending, which provides automotive financing risk decision-making technology, will become a privately held company after the transaction closes in Q3 2026. This acquisition expands ANV's specialty underwriting business and aims to provide Open Lending with greater capital and market access.
Open Lending to Be Acquired by ANV Group in $3.15-Per-Share Tender Offer and Merger
Open Lending (LPRO) has entered into a definitive merger agreement to be acquired by ANV Group for $3.15 per share in cash. This transaction will involve a tender offer for all outstanding shares, followed by a Section 251(h) merger, and is subject to customary conditions including antitrust clearance. Key shareholders, representing approximately 12.8% of outstanding shares, have already agreed to support the deal.
Open Lending to be acquired by ANV
ANV Group Holdings is set to acquire Open Lending for $3.15 per share in an all-cash tender offer, valuing the deal at approximately $372 million. This acquisition represents a 78% premium to Open Lending’s 90-day volume-weighted average price. The deal will make Open Lending a privately held company, providing it with capital and strategic support for growth, and will strengthen ANV's specialty underwriting business and U.S. footprint.
ANV's $3.15-a-share Open Lending buyout offers 78% premium to holders
Open Lending (NASDAQ:LPRO) has agreed to be acquired by ANV Group Holdings for $3.15 per share in an all-cash tender offer, representing a 78% premium to its 90-day volume-weighted average price as of June 15, 2026. The transaction, unanimously approved by Open Lending's Board of Directors, is expected to close in Q3 2026, after which Open Lending will delist from Nasdaq and become a privately held company. The acquisition provides immediate liquidity to Open Lending stockholders and aims to strengthen ANV's US footprint in insurance-backed credit.
Open Lending Enters into Merger Agreement to be Acquired by ANV
ANV Group Holdings Ltd. is set to acquire Open Lending Corporation for $3.15 per share in an all-cash tender offer, representing a 78% premium to Open Lending's 90-day volume weighted average price. This acquisition will provide Open Lending with capital and strategic support for growth, while strengthening ANV's U.S. footprint and insurance-backed credit strategy. The transaction, unanimously approved by Open Lending's Board, is expected to close in Q3 2026.
Open Lending leverages new data sources
Open Lending, an automation fintech company, is utilizing new alternative data sources to enhance its scorecard amidst a decline in certified loan volume during the third quarter. This decline is attributed to affordability concerns, limited vehicle supply, and a slowdown in auto lending at credit unions. The company is now incorporating three additional data sources beyond LexisNexis for its lender protection program.
Open Lending director William Dabbs Cavin resigns from board
William Dabbs Cavin, a director at Open Lending (LPRO), has resigned from the company's board of directors effective June 8, 2026. The resignation was not due to any dispute or disagreement with the company or the board, and details regarding a replacement have not been disclosed. This information is based on an SEC filing from Open Lending Corp.
Director William Cavin exits Open Lending (NASDAQ: LPRO) board with no dispute
Open Lending Corporation announced that director William Dabbs Cavin resigned from its Board on June 8, 2026, with immediate effect. The company explicitly stated that his resignation was not due to any disagreement or dispute regarding its operations, policies, or practices. The 8-K filing confirms no other related changes to personnel or company strategy resulted from this departure.
New Open Lending (LPRO) director Cavin Dabbs files initial Form 3
Cavin William Dabbs, a new director of Open Lending Corp (LPRO), has filed an initial Form 3 statement of beneficial ownership. This filing indicates his position as a director but reports no current transactions or derivative positions. The Form 3 serves as a baseline for future disclosures of his ownership in the company.
Open Lending (LPRO) director gains 14,943 shares from RSU vesting
Open Lending Corp director Abhijit Chaudhary reported that 14,943 restricted stock units (RSUs) vested on June 3, 2026, converting into an equal number of LPRO common shares. This transaction increased his direct holdings of common stock to 14,943 shares, with no open-market purchase or sale involved. The filing indicates a neutral impact and sentiment, detailing the conversion of derivative securities into common stock.
Open Lending (NASDAQ: LPRO) director receives 13,933 shares as restricted stock units vest
Open Lending Corp director Todd C. Hart acquired 13,933 shares of common stock through the vesting of restricted stock units (RSUs) on June 3, 2026. This transaction increased his direct holdings to 13,933 common shares. The Form 4 filing indicates this was a routine compensation-related event, with no open-market purchases or sales reported.
Open Lending (NASDAQ: LPRO) investors approve reverse split and board changes
Open Lending Corporation stockholders have approved all five proposals at their annual meeting, including the election of two Class III directors, the ratification of Ernst & Young LLP as auditor, a nonbinding advisory vote on executive compensation, and a proposal to declassify the board of directors. Additionally, shareholders authorized an amendment to implement a reverse stock split in a ratio between 1-for-5 and 1-for-7, at the board's discretion, alongside a proportional reduction in authorized common shares. These decisions aim to update both the company's governance and potential capital structures, with actual implementation details to be provided in future communications.
Are Options Traders Betting on a Big Move in Open Lending Stock?
Options traders are showing significant interest in Open Lending Corporation (LPRO) due to unusually high implied volatility for its August 21, 2026 $7.50 Call option. This suggests an expectation of a large price movement, possibly driven by an upcoming event. Despite this, analysts currently rate Open Lending as a Zacks Rank #4 (Sell), with recent earnings estimate reductions, indicating a potential divergence between options market sentiment and fundamental outlook for the company.
Are Options Traders Betting on a Big Move in Open Lending Stock?
Options traders are showing significant interest in Open Lending Corporation (LPRO) with high implied volatility for an upcoming call option, suggesting expectations of a substantial price movement. Despite this, analysts have a negative outlook on the company, with Zacks ranking it a "Sell" and earnings estimates declining. This situation might indicate a potential opportunity for experienced options traders to sell premium, betting that the stock's actual movement will be less volatile than implied.
Open Lending (LPRO) director Eric Feldstein receives 76,530 shares as RSUs vest
Open Lending (LPRO) director Eric A. Feldstein received 76,530 shares after restricted stock units (RSUs) vested on May 21, 2026. This transaction increased his direct holdings to 122,686 shares of common stock. The Form 4 filing indicates this was a compensation-related event, not an open-market purchase or sale.
D.A. Davidson reiterates Open Lending stock Buy on guidance affirm
D.A. Davidson has reiterated a Buy rating and a $3.00 price target for Open Lending (NASDAQ:LPRO) shares after the company's first-quarter results. Despite trimming its 2026 and 2027 forecasts for revenue and adjusted EBITDA, the firm maintained its positive outlook. Open Lending's shares are considered undervalued by InvestingPro, and the company affirmed its full-year 2026 guidance, expecting significant year-over-year growth in certified loans and adjusted EBITDA.
Analysts’ Top Financial Picks: Open Lending (LPRO), Pennantpark (PFLT)
Two analysts have issued bullish sentiments on Open Lending (LPRO) and Pennantpark (PFLT) within the Financial sector. Michael Grondahl of Northland Securities maintained a Buy rating on Open Lending with a $3.50 price target, while Arren Cyganovich of Truist Financial maintained a Buy rating on Pennantpark, which has a Strong Buy consensus among analysts. Both companies show potential upside according to current analyst consensus and price targets.
Open Lending Corporation - Common Stock (Nasdaq:LPRO) Stock Quote
This page provides a stock quote for Open Lending Corporation (LPRO) on the Nasdaq, showing its current trading price, volume, and daily/52-week ranges. It also compiles recent news headlines related to LPRO, including earnings reports, market analysis, and a series of class-action lawsuit announcements by various law firms with deadlines in June 2025. The page also answers frequently asked questions about the company's public trading status and market capitalization.
Open Lending Corporation 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:LPRO) 2026-05-11
Open Lending Corporation (NASDAQ:LPRO) released its Q1 2026 earnings, reporting an EPS of $0.00, missing estimates by $0.02, and revenue of $20.49M, which was a 16.00% year-over-year decrease but beat estimates by $129.00K. The article notes that the following slide deck was published in conjunction with their earnings call.
Analysts’ Top Financial Picks: Open Lending (LPRO), Pennantpark (PFLT)
Two financial analysts have issued bullish sentiments on Open Lending (LPRO) and Pennantpark (PFLT). Michael Grondahl from Northland Securities maintained a Buy rating on Open Lending with a $3.50 price target, while Arren Cyganovich from Truist Financial maintained a Buy rating on Pennantpark with an average price target of $10.17. Both stocks are recommended as "Buy" by analysts overall, with significant upside potential.
Open Lending Reports First Quarter 2026 Financial Results
Open Lending Corporation announced its first-quarter 2026 financial results, reporting 21,064 certified loans and total revenue of $20.5 million. Despite a decrease in certified loans and revenue compared to the previous year, the company achieved a net loss of $0.5 million and an Adjusted EBITDA of $2.0 million. Open Lending also provided a financial outlook for Q2 and full-year 2026, alongside extending its share repurchase program to $50 million.
Analysts Offer Insights on Financial Companies: Pennantpark Investment (PNNT) and Open Lending (LPRO)
Two analysts have issued bullish sentiments on financial companies Pennantpark Investment (PNNT) and Open Lending (LPRO). Arren Cyganovich from Truist Financial maintained a Buy rating on Pennantpark Investment, while Peter Heckmann from D.A. Davidson maintained a Buy rating on Open Lending. Both companies show positive analyst consensus with price targets indicating potential upside.
Revenue falls at Open Lending (NASDAQ: LPRO) as Q1 loans drop
Open Lending (NASDAQ: LPRO) reported a significant revenue drop in Q1 2026, with total revenue falling 16% to $20.5 million, primarily due to a 24% decrease in certified auto loans. This led to a net loss of $0.5 million, compared to a net income in the prior year. Despite the decline in loan volume and revenue, the company maintained a strong gross margin of 76% and a healthy balance sheet with $185.0 million in cash and restricted cash.
Open Lending Reports First Quarter 2026 Financial Results
Open Lending Corporation reported its first quarter 2026 financial results, highlighting solid execution with 21,064 certified loans, exceeding guidance for the quarter. Despite a decrease in total revenue to $20.5 million and a net loss of $0.5 million compared to Q1 2025, the company emphasized an improved quality and mix of certified loans and ongoing progress on strategic initiatives. Open Lending also announced an extension of its share repurchase program, increasing the authorized amount to $50 million and extending the expiration to May 1, 2027.
