In last trading session, Opendoor Technologies Inc (NASDAQ:OPEN) saw 37.25 million shares changing hands with its beta currently measuring 2.83. Company’s recent per share price level of $1.48 trading at -$0.06 or -3.90% at ring of the bell on the day assigns it a market valuation of $1.06B. That closing price of OPEN’s stock is at a discount of -124.32% from its 52-week high price of $3.32 and is indicating a premium of 13.51% 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
Upright in the red during last session for losing -3.90%, in the last five days OPEN remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $1.48 price level, adding 9.2% to its value on the day. Opendoor Technologies Inc’s shares saw a change of -7.50% in year-to-date performance and have moved 0.68% in past 5-day. Opendoor Technologies Inc (NASDAQ:OPEN) showed a performance of 5.71% in past 30-days.
Wall Street analysts have assigned a consensus price target of 5.75 to the stock, which implies a rise of 74.26% to its current value. 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 -35.14% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.14% 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.
