Opendoor Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Opendoor stock have an average target of 2.84, with a low estimate of 1.85 and a high estimate of 3.50. The average target predicts an increase of 42.71% from the current stock price of 1.99.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.85	$2.84	$3.25	$3.50
Change	-7.04%	+42.71%	+63.32%	+75.88%

* Price targets were last updated on Aug 6, 2024.

Analyst Ratings

The average analyst rating for Opendoor stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	1
Hold	7	7	7	7	7	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	9	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Black Deutsche Bank	Deutsche Bank	Hold Maintains $2.4 → $1.85	Hold	Maintains	$2.4 → $1.85	-7.04%	Aug 6, 2024
Nicholas Jones JMP Securities	JMP Securities	Buy Maintains $4 → $3.25	Buy	Maintains	$4 → $3.25	+63.32%	Aug 2, 2024
Lloyd Walmsley UBS	UBS	Hold Maintains $3 → $2.75	Hold	Maintains	$3 → $2.75	+38.19%	May 14, 2024
Nicholas Jones JMP Securities	JMP Securities	Buy Maintains $4.5 → $4	Buy	Maintains	$4.5 → $4	+101.01%	May 3, 2024
Nicholas Jones JMP Securities	JMP Securities	Buy Reiterates $4.5	Buy	Reiterates	$4.5	+126.13%	Apr 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.27B

from 6.95B

-24.19%

from 6.95B

Revenue Next Year

7.48B

from 5.27B

42.12%

from 5.27B

EPS This Year

-0.43

from -0.42

EPS Next Year

-0.30

from -0.43

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.74B	2.58B	8.02B	15.57B	6.95B	5.27B	7.48B	9.54B
Revenue Growth	157.93%	-45.52%	210.53%	94.08%	-55.38%	-24.19%	42.12%	27.46%
EPS	-4.36	-2.31	-1.12	-2.16	-0.42	-0.43	-0.30	-0.17
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	13	13	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	5.6B	9.8B	12.1B
Avg	5.3B	7.5B	9.5B
Low	4.9B	6.1B	7.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-20.1%	85.5%	61.2%
Avg	-24.2%	42.1%	27.5%
Low	-29.2%	16.5%	-3.9%

EPS Forecast

EPS	2024	2025	2026
High	-0.38	-0.04	0.07
Avg	-0.43	-0.30	-0.17
Low	-0.46	-0.49	-0.34

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.