OPENLANE shares rallied 8.2% in the last trading session to close at $42.90 on heavy volume. The move came after the company raised its full-year 2026 adjusted EBITDA guidance to a range of $365 million to $385 million, up from the prior outlook of $350 million to $370 million, citing strong momentum in both the dealer and commercial elements of its Marketplace segment. The used and salvaged vehicle auctioneer is expected to report quarterly earnings of $0.31 per share on revenues of $521.51 million. The stock currently carries a Zacks Rank of 3, or Hold.
OPENLANE, Inc.Raised 2026 adjusted EBITDA guidance from $350-370M to $365-385M, citing strong momentum.
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