OPEN Stock 12 Month Forecast
Based on 3 Wall Street analysts offering 12 month price targets for Opendoor Technologies in the last 3 months. The average price target is $2.07 with a high forecast of $2.50 and a low forecast of $1.80. The average price target represents a 35.29% change from the last price of $1.53.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Opendoor stock have an average target of 2.23, with a low estimate of 1.80 and a high estimate of 2.75. The average target predicts an increase of 57.03% from the current stock price of 1.42.
Overall, Opendoor Technologies Inc. stock has a Value Grade of B, Growth Grade of F, Momentum Grade of F . Whether or not you should buy Opendoor Technologies Inc. stock will ultimately depend on your individual goals, risk tolerance and allocation.
Analysts see Opendoor stock bouncing back to $2.04 per share, the consensus fair value price target, approximately 6% higher than current price levels.
Opendoor has a lot of pros compared to other iBuyers. It has reasonable fees (a 5% service fee) and operates in more markets than other cash buyers. However, Opendoor could be considered too good to be true due to its drawbacks.
According to the latest TipRanks data, approximately 53.59% of Opendoor Technologies Inc (OPEN) stock is held by retail investors. Who owns the most shares of Opendoor Technologies Inc (OPEN)? Vanguard owns the most shares of Opendoor Technologies Inc (OPEN).
What is Opendoor Technologies' forecast for 2025? According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Opendoor Technologies is $2.23, with a high forecast of $2.75 and a low forecast of $1.80.
Lower Sales Price: Opendoor typically purchases homes at a discounted rate to sell them at market value later, profiting from both the transaction fees and the sales price. Hefty Fees: Opendoor charges a minimum service fee of 7.5%, which can rise to as much as 14%.
At the top is Altria Group Inc. , a tobacco company that, until 2003, was known as Philip Morris Companies Inc. The tobacco company has returned more than $2.6 million for every dollar invested on Dec. 31, 1925, the earliest date available in the data set Bessembinder used as the basis for his calculations.
O Stock 12 Month Forecast
Based on 13 Wall Street analysts offering 12 month price targets for Realty Income in the last 3 months. The average price target is $62.21 with a high forecast of $71.00 and a low forecast of $54.00.
Opendoor Key Stats
Opendoor operates in 50 markets. Opendoor is the largest iBuyer with a 67% market share of the U.S. iBuyer segment.
2024-01-26 - BlackRock, Inc. has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 50,672,097 shares of Opendoor Technologies Inc. (US:OPEN). This represents 7.6 percent ownership of the company.
Key takeaways
Stocks delivered exceptionally strong returns in 2024 due to a rare "Goldilocks" combination of strong earnings growth plus rising price-earnings ratios. 2025 may be less likely to see a repeat of this combination.
SoFi Technologies Stock Price Target for 2030
We estimate SoFi's stock price to be $17.56 per share with a 10% year-over-year revenue growth. Our estimated stock price will be 24.10% higher than the current stock price of $14.15.
Out of 3 analysts, 0 (0%) are recommending OPEN as a Strong Buy, 1 (33.33%) are recommending OPEN as a Buy, 2 (66.67%) are recommending OPEN as a Hold, 0 (0%) are recommending OPEN as a Sell, and 0 (0%) are recommending OPEN as a Strong Sell.
Historically, the United States Stock Market Index reached an all time high of 6099.97 in December of 2024.
Revenue rose to $1.4 billion, beating management's guidance. Contribution profit was $52 million, a decline from the second quarter. Adjusted EBITDA improved but remained negative.
Cash-homebuying companies and iBuyers need to make money on the transaction, so their offers will fall short of fair market value. Opendoor also charges a flat 5 percent fee for each transaction. If you want to bring in the highest price possible for your home, you're better off working with a local real estate agent.
Yes, there are other companies like Opendoor. Offerpad offers similar iBuying services, while Homeward, Orchard, and Knock offer home buy-before-you-sell programs. Services like Clever Offers and HomeLight Simple Sale offer a free way to compare offers from multiple cash buyers.
The intrigue: Opendoor Technologies, an online real estate platform that makes instant cash offers on homes, fell out of the top 500 this year, dropping 242 spots to No. 508.
Opendoor executives have attributed many of the company's losses to its decision to honor purchase contracts they signed before higher interest rates began throttling the housing market last year.
Opendoor's 5% service fee is comparable to the 5–6% realtor commission you'd pay in a traditional home sale — although you can generally save a lot on realtor fees with a reputable low-commission brokerage. However, the most important factor isn't fees, but the overall profit you'll get from your home sale.
Opendoor has a 4.4 out of 5-star rating on Reviews.io based on 3,361 reviews. In contrast, they have a 1.13 out of 5-star rating on BBB based on 220 reviews. The positive Opendoor reviews highlight the company's easy selling process and responsive customer support.