Opendoor Technologies Inc (NASDAQ: OPEN): It Is A Stock Worth Considering Today

In today’s recent session, 8.64 million shares of the Opendoor Technologies Inc (NASDAQ:OPEN) have been traded, and its beta is 2.87. Most recently the company’s share price was $0.74, and it changed around $0.0 or -0.54% from the last close, which brings the market valuation of the company to $535.73M. OPEN at last check was trading at a discount to its 52-week high of $3.09, offering almost -317.57% off that amount. The share price’s 52-week low was $0.72, which indicates that the recent value has risen by an impressive 2.7% since then.

Opendoor Technologies Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.91. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 7 recommended OPEN as a Hold, whereas 0 deemed it a Buy, and 2 rated it as Underweight.

Opendoor Technologies Inc (NASDAQ:OPEN) trade information

Instantly OPEN has been showing red trend so far today with a performance of -0.54% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.7925 on recent trading dayincreased the stock’s daily price by 6.62%. The company’s shares are currently down -54.06% year-to-date, but still down -4.36% over the last five days. On the other hand, Opendoor Technologies Inc (NASDAQ:OPEN) is -25.61% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $1.75, which translates to bulls needing to increase their stock price by 57.71% from its current value. Analyst projections state that OPEN is forecast to be at a low of $1.75 and a high of $1.75.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 33.36%. Opendoor Technologies Inc earnings are expected to increase by 25.55% in 2025, but the outlook is positive 19.93% per year for the next five years.

OPEN Dividends

Opendoor Technologies Inc’s next quarterly earnings report is expected to be released in June.

BLACKROCK INC., with 7.6836% or 53.28 million shares worth $98.04 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 23.06 shares worth $16.88 million, making up 3.16% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 18.53 shares worth around $13.56 million, which represents about 2.54% of the total shares outstanding.