Opendoor Technologies - OPEN Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Opendoor Technologies in the last year. There are currently 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OPEN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OPEN, but not buy additional shares or sell existing shares.
View OPEN analyst ratings or view top-rated stocks.

14 analysts have issued 1 year price targets for Opendoor Technologies' shares. Their OPEN share price forecasts range from $2.00 to $24.00. On average, they predict the company's share price to reach $9.37 in the next twelve months. This suggests a possible upside of 352.4% from the stock's current price.
View analysts price targets for OPEN or view top-rated stocks among Wall Street analysts.

Opendoor Technologies' stock was trading at $14.61 at the beginning of the year. Since then, OPEN stock has decreased by 85.8% and is now trading at $2.07.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our OPEN earnings forecast.

Opendoor Technologies Inc. (NASDAQ:OPEN) released its quarterly earnings results on Wednesday, November, 10th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. The technology company earned $2.27 billion during the quarter, compared to analysts' expectations of $1.97 billion. Opendoor Technologies had a negative trailing twelve-month return on equity of 19.96% and a negative net margin of 6.93%.

Opendoor Technologies updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.30 billion-$2.50 billion, compared to the consensus revenue estimate of $2.63 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Opendoor Technologies investors own include Salesforce (CRM), Netflix (NFLX), Telaria (TLRA), Twitter (TWTR), Baidu (BIDU), eBay (EBAY), Expedia Group (EXPE), SINA (SINA), Wells Fargo & Company (WFC) and Yelp (YELP).

Opendoor Technologies trades on the NASDAQ under the ticker symbol "OPEN."

Opendoor Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.94%), Price T Rowe Associates Inc. MD (5.24%), Sylebra Capital Ltd (5.08%), BlackRock Inc. (3.66%), GGV Capital LLC (3.09%) and Ieq Capital LLC (1.76%). Insiders that own company stock include Ah Kee Andrew Low, Carrie Wheeler, Daniel Morillo, Elizabeth Ann Stevens, Eric Chung-Wei Wu, Excalibur (Cayman) Ltd Svf, Glenn Solomon, Jason Mironov and Pueo Keffer.
View institutional ownership trends.

Shares of OPEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of OPEN stock can currently be purchased for approximately $2.07.

Opendoor Technologies (NASDAQ:OPEN) has a market capitalization of $1.31 billion and generates $8.02 billion in revenue each year. The technology company earns $-662,000,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis.

The company employs 2,816 workers across the globe.

Opendoor Technologies' mailing address is 1 Montgomery St Ste 700, SAN FRANCISCO, CA 94104-4536, United States. The official website for the company is www.opendoor.com. The technology company can be reached via phone at 415-896-6737 or via email at investors@opendoor.com.