KAR Stock Recent News

CARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020.

AI-Powered Tool Pinpoints Engine Sound Anomalies to Boost Dealer Confidence CARMEL, Ind. , Sept. 3, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the launch of Audio Boost AI, a groundbreaking new feature on OPENLANE's US marketplace designed to give dealers deeper confidence and speed when evaluating vehicles.

Does OPENLANE (KAR) have what it takes to be a top stock pick for momentum investors? Let's find out.

I am upgrading OPENLANE to Buy after strong Q2 2025 results, debt elimination, and a robust share repurchase program. KAR is delivering profitable growth, expanding its dealer network, and prioritizing digital marketplace capabilities and financing integration. The company boasts strong free cash flow, low stock-based compensation, and a $250 million buyback authorization through 2026.

Does OPENLANE (KAR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Openlane (KAR 15.70%), a leading digital marketplace operator for wholesale used vehicles, reported its second quarter 2025 earnings on August 6, 2025. The most notable news from the release was a significant beat on both the top and bottom line: GAAP revenue reached $482 million, handily outpacing the consensus estimate of $454.5 million.

OPENLANE, Inc. (NYSE:KAR ) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants Bradley Herring - Executive VP & CFO Itunu Orelaru - Head of Investor Relations Peter J. Kelly - CEO & Director Conference Call Participants Bret David Jordan - Jefferies LLC, Research Division Craig R.

OPENLANE (KAR) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.

Marketplace dealer volume growth of 21% YoY Gross Merchandise Value (GMV) of approximately $7.5 billion, representing 10% YoY growth Revenue of $482 million, representing 9% YoY growth, driven by 24% growth in auction fee revenue Income from continuing operations of $33 million, representing 212% YoY growth Adjusted EBITDA of $87 million, representing 21% YoY growth Cash flow from operating activities of $72 million, representing 91% YoY growth Adjusted Free Cash Flow of $87 million, representing 34% YoY growth Raised full year guidance for Adjusted EBITDA and Operating Adjusted EPS CARMEL, Ind. , Aug. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2025.

OPENLANE (KAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.