In the last trading session, 95.83 million Opendoor Technologies Inc (NASDAQ:OPEN) shares changed hands as the company’s beta touched 2.71. With the company’s per share price at $0.53 changed hands at -$0.03 or -4.55% during last session, the market valuation stood at $388.63M. OPEN’s last price was a discount, traded about -483.02% off its 52-week high of $3.09. The share price had its 52-week low at $0.51, which suggests the last value was 3.77% up since then. When we look at Opendoor Technologies Inc’s average trading volume, we note the 10-day average is 91.24 million shares, with the 3-month average coming to 72.31 million.
Analysts gave the Opendoor Technologies Inc (OPEN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.12. 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 red as seen at the end of in last trading. With action 0.57%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -71.03%, with the 5-day performance at 0.57% in the green. However, in the 30-day time frame, Opendoor Technologies Inc (NASDAQ:OPEN) is -22.30% down. Looking at the short shares, we see there were 152.99 million shares sold at short interest cover period of 1.83 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.75, meaning bulls need an upside of 69.71% 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 -230.19% plunge from its current level, while the stock would need to soar -230.19% 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 52.08%.
OPEN Dividends
Opendoor Technologies Inc is expected to release its next quarterly earnings report on 2025-May-06.
Opendoor Technologies Inc (NASDAQ:OPEN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 11.42% of Opendoor Technologies Inc shares while 49.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.71%. There are 49.35% institutions holding the Opendoor Technologies Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 12.7387% of the shares, roughly 88.34 million OPEN shares worth $162.54 million.
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.
