OPEN: Widening Losses And Downgrades Will Weigh On Future Performance

Opendoor Technologies' analyst average price target has climbed modestly from approximately $1.71 to $1.87, as analysts weigh ongoing strategic challenges and widening losses, alongside sustained retail investor interest in the shares. Analyst Commentary Recent analyst reports have reflected a more cautious outlook on Opendoor Technologies.

Opendoor Technologies’ analyst price target has decreased from $1.14 to $1.71 per share as analysts cite concerns over widening losses for the remainder of the year and uncertainty surrounding the company’s strategic repositioning. Analyst Commentary Analysts have recently taken a more cautious tone on Opendoor Technologies, reflecting both challenges and opportunities facing the business as it navigates a highly uncertain environment.

Despite a substantial decline in consensus revenue growth forecasts and a higher future P/E ratio indicating increased valuation risk, the consensus analyst price target for Opendoor Technologies has been modestly raised from $1.17 to $1.23. What's in the News Opendoor received a Nasdaq notice for non-compliance with minimum $1.00 bid price; has 180 days to regain compliance, with possible additional 180-day extension and may conduct a reverse stock split if needed.

Opendoor Technologies’ fair value estimate has been revised downward to $1.17, primarily reflecting reduced analyst expectations for both revenue growth and earnings, as evidenced by lower consensus forecasts and a declining future P/E multiple. What's in the News Opendoor launched Cash Plus, allowing home sellers to unlock most of their equity upfront while still marketing their home via agent partners, initially in three markets with plans for broader rollout.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased profit margin from 4.4% to 5.2%, increased future PE multiple from 4.0x to 4.4x and increased shares outstanding growth rate from 0.0% to 0.0%.