Opendoor Technologies Inc. (OPEN)
NASDAQ: OPEN · IEX Real-Time Price · USD
1.760
-0.030 (-1.68%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Opendoor Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Opendoor stock have an average target of 3.61, with a low estimate of 2.50 and a high estimate of 7.00. The average target predicts an increase of 105.11% from the current stock price of 1.76.
Analyst Consensus: Hold
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Opendoor stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 9 | 9 | 9 | 8 | 7 | 7 |
Sell | 1 | 1 | 1 | 1 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 12 | 11 | 9 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Hold Maintains $3 → $2.75 | Hold | Maintains | $3 → $2.75 | +56.25% | May 14, 2024 |
JMP Securities | JMP Securities | Buy Maintains $4.5 → $4 | Buy | Maintains | $4.5 → $4 | +127.27% | May 3, 2024 |
JMP Securities | JMP Securities | Buy Reiterates $4.5 | Buy | Reiterates | $4.5 | +155.68% | Apr 12, 2024 |
JMP Securities | JMP Securities | Buy Maintains $5 → $4.5 | Buy | Maintains | $5 → $4.5 | +155.68% | Feb 16, 2024 |
JMP Securities | JMP Securities | Buy Maintains $3.5 → $5 | Buy | Maintains | $3.5 → $5 | +184.09% | Jan 3, 2024 |
Financial Forecast
Revenue This Year
5.89B
from 6.95B
Decreased by -15.25%
Revenue Next Year
8.36B
from 5.89B
Increased by 42.08%
EPS This Year
-0.45
from -0.42
EPS Next Year
-0.33
from -0.45
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.3B | 10.8B | 12.3B | 12.8B | 14.8B |
Avg | 5.9B | 8.4B | 10.2B | 12.3B | 14.1B |
Low | 5.3B | 6.8B | 7.1B | 11.7B | 13.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -8.7% | 83.1% | 46.8% | 26.0% | 20.1% |
Avg | -15.2% | 42.1% | 21.6% | 21.0% | 14.2% |
Low | -23.3% | 16.2% | -14.9% | 15.0% | 7.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.32 | -0.11 | 0.09 |
Avg | -0.45 | -0.33 | -0.31 |
Low | -0.60 | -0.52 | -0.56 |
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.