Opendoor Technologies Inc (NASDAQ:OPEN) has a beta value of 2.72 and has seen 2.8 million shares traded in the recent trading session. The company, currently valued at $1.51B, closed the recent trade at $2.18 per share which meant it gained $0.04 on the day or 1.87% during that session. The OPEN stock price is -148.17% off its 52-week high price of $5.41 and 42.2% above the 52-week low of $1.26. The 3-month trading volume is 17.86 million shares.

Opendoor Technologies Inc (NASDAQ:OPEN) trade information

Sporting 1.87% in the green today, the stock has traded in the green over the last five days, when the OPEN stock price touched $2.18 or saw a rise of 7.63%. Year-to-date, Opendoor Technologies Inc shares have moved -51.34%, while the 5-day performance has seen it change 0.46%. Over the past 30 days, the shares of Opendoor Technologies Inc (NASDAQ:OPEN) have changed -28.05%.

Opendoor Technologies Inc (OPEN) estimates and forecasts

Figures show that Opendoor Technologies Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 2.35% over the past 6 months, with this year growth rate of 50.42%, compared to 18.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 75.00% and 56.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be -16.20%.

11 analysts offering their estimates for the company have set an average revenue estimate of $1.09 billion for the current quarter. 11 have an estimated revenue figure of $1.48 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $3.12 billion and $1.98 billion respectively for this quarter and the next, and analysts expect sales will shrink by -64.90% for the current quarter and -25.20% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 44.03% over the past 5 years. Earnings growth for 2024 is a modest -76.34% while over the next 5 years, the company’s earnings are expected to increase by 5.20%.

OPEN Dividends

Opendoor Technologies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.