In last trading session, Opendoor Technologies Inc (NASDAQ:OPEN) saw 157.49 million shares changing hands with its beta currently measuring 2.85. Company’s recent per share price level of $0.78 trading at -$0.06 or -7.68% at ring of the bell on the day assigns it a market valuation of $561.81M. That closing price of OPEN’s stock is at a discount of -296.15% from its 52-week high price of $3.09 and is indicating a discount of -5.13% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 60.41 million shares which gives us an average trading volume of 43.86 million if we extend that period to 3-months.
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 -0.1 in the current quarter.
Opendoor Technologies Inc (NASDAQ:OPEN) trade information
Upright in the red during last session for losing -7.68%, in the last five days OPEN remained trading in the red while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $0.78 price level, adding 27.1% to its value on the day. Opendoor Technologies Inc’s shares saw a change of -51.47% in year-to-date performance and have moved -16.24% in past 5-day. Opendoor Technologies Inc (NASDAQ:OPEN) showed a performance of -35.29% in past 30-days. Number of shares sold short was 69.97 million shares which calculate 1.61 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.75 to the stock, which implies a rise of 55.43% to its current value. Analysts have been projecting 1.75 as a low price target for the stock while placing it at a high target of 1.75. It follows that stock’s current price would drop -124.36% in reaching the projected high whereas dropping to the targeted low would mean a loss of -124.36% for stock’s current value.
Opendoor Technologies Inc (OPEN) estimates and forecasts
This year revenue growth is estimated to rise 1.77% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.06B for the same. And 9 analysts are in estimates of company making revenue of 1.45B in the next quarter. Company posted 1.18B and 1.51B 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 33.36% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 25.55% while estimates for its earnings growth in next 5 years are of 19.93%.
Opendoor Technologies Inc (NASDAQ:OPEN)’s Major holders
Insiders are in possession of 10.59% of company’s total shares while institution are holding 52.66 percent of that, with stock having share float percentage of 58.90%. Investors also watch the number of corporate investors in a company very closely, which is 52.66% institutions for Opendoor Technologies Inc that are currently holding shares of the company. 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 12.7387 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 7.6836 of outstanding shares, having a total worth of $98.04 million.
On the other hand, VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 23.06 shares of worth $17.9 million or 3.19% of the total outstanding shares. The later fund manager was in possession of 18.53 shares on Dec 31, 2024 , making its stake of worth around $14.38 million in the company or a holder of 2.56% of company’s stock.
