In recent trading session, Opendoor Technologies Inc (NASDAQ:OPEN) saw 12.62 million shares changing hands at last check today with its beta currently measuring 2.83. Company’s recent per share price level of $1.47 trading at -$0.07 or -4.55% at last check today assigns it a market valuation of $1.05B. That most recent trading price of OPEN’s stock is at a discount of -125.85% from its 52-week high price of $3.32 and is indicating a premium of 12.93% from its 52-week low price of $1.28.
For Opendoor Technologies Inc (OPEN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.91. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.14 in the current quarter.
Opendoor Technologies Inc (NASDAQ:OPEN) trade information
Opendoor Technologies Inc’s shares saw a change of -8.12% in year-to-date performance and have moved 0.00% in past 5-day. Opendoor Technologies Inc (NASDAQ:OPEN) showed a performance of 5.00% in past 30-days.
Wall Street analysts have assigned a consensus price target of 5.75 to the stock, which implies a rise of 74.43% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -36.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -36.05% for stock’s current value.
Opendoor Technologies Inc (OPEN) estimates and forecasts
This year revenue growth is estimated to fall -27.46% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 971.53M for the same. And 6 analysts are in estimates of company making revenue of 1.33B in the next quarter. Company posted 870M and 1.18B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 44.03% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -34.64% while estimates for its earnings growth in next 5 years are of 2.36%.
Opendoor Technologies Inc (NASDAQ:OPEN)’s Major holders
VANGUARD GROUP INC is the top institutional holder at OPEN for having 88.34 million shares of worth $162.54 million. And as of 2024-06-30, it was holding 12.9438 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 53.28 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.8073 of outstanding shares, having a total worth of $98.04 million.
On the other hand, Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 23.13 shares of worth $34.35 million or 3.24% of the total outstanding shares. The later fund manager was in possession of 19.56 shares on Sep 30, 2024, making its stake of worth around $29.05 million in the company or a holder of 2.74% of company’s stock.