In the last trading session, 55.79 million Opendoor Technologies Inc (NASDAQ:OPEN) shares changed hands as the company’s beta touched 2.76. With the company’s per share price at $0.68 changed hands at $0.02 or 2.98% during last session, the market valuation stood at $495.50M. OPEN’s last price was a discount, traded about -354.41% off its 52-week high of $3.09. The share price had its 52-week low at $0.57, which suggests the last value was 16.18% up since then.
Analysts gave the Opendoor Technologies Inc (OPEN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.90. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended OPEN as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Opendoor Technologies Inc (NASDAQ:OPEN) trade information
Instantly OPEN was in green as seen at the end of in last trading. With action 4.23%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -57.51%, with the 5-day performance at 4.23% in the green. However, in the 30-day time frame, Opendoor Technologies Inc (NASDAQ:OPEN) is -22.04% down.
The consensus price target for the stock as assigned by Wall Street analysts is 1.75, meaning bulls need an upside of 61.14% from its current market value. According to analyst projections, OPEN’s forecast low is 1.75 with 1.75 as the target high. To hit the forecast high, the stock’s price needs a -157.35% plunge from its current level, while the stock would need to soar -157.35% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.36%. The 2025 estimates are for Opendoor Technologies Inc earnings to increase by 35.84%, but the outlook for the next 5-year period is at 26.03% per year.
OPEN Dividends
Opendoor Technologies Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.6836% or 53.28 million shares worth $98.04 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 23.06 shares estimated at $15.67 million under it, the former controlled 3.16% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.62% of the shares, roughly 19.07 shares worth around $12.96 million.