Opendoor Technologies (OPEN) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Opendoor Technologies (OPEN) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 20, 2024 (04:48)

Sector: Technology

The share price of Opendoor Technologies Inc. (OPEN) now

Latest session on the 17th of May for
Opendoor Technologies Inc. is negative
Trading Volume: 9695126
Open: 2.47 /  High: 2.48 /  Low: 2.37
What analysts predict: $2.77
52-week High/Low: $5.41 / $1.8

50/200 Day Moving Average: $2.516 / $2.99

This figure corresponds to the Average Price over the previous 50/200 days. For Opendoor Technologies stocks, the 50-day moving average is the resistance level today.

For Opendoor Technologies stocks, the 200-day moving average is the resistance level today.

Are you interested in Opendoor Technologies Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Opendoor Technologies stock price in 2024, 2025, 2026, 2027, 2028. How much will one Opendoor Technologies share be worth in 2024 - 2028?

When should I take profit in Opendoor Technologies stock? When should I record a loss on Opendoor Technologies stock? What are analysts' forecasts for Opendoor Technologies stock? What is the future of Opendoor Technologies stock? We forecast Opendoor Technologies stock performance using neural networks based on historical data on Opendoor Technologies stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Opendoor Technologies stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Opendoor Technologies shares. This happens once a day.


Historical and forecast chart of Opendoor Technologies stock

The chart below shows the historical price of Opendoor Technologies stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Opendoor Technologies stock price can be found in the table below.

Long-term forecasts by years.

Opendoor Technologies Stock Forecast: Navigating the Market with Key Insights

Trend: Strong Bullish
May 13, 2024

As we delve into the complexities of the changing market landscape, it's evident that Opendoor Technologies (OPEN) is positioned uniquely for growth, presenting a compelling case for both the seasoned investor and curious market watchers. With the company's strategic approach and market innovation, analysts are closely monitori​ng OPEN stock forecast with a keen eye on several pivotal factors.

What Drives OPEN Stock and How to Predict Its Movement

Foremost among these factors is Opendoor's unparalleled value proposition. Revolutionizing the home-selling experience by offering speed, convenience, and certainty, Opendoor is not merely adjusting to market demands but setting new standards. This innovation is expected to drive increased adoption, market share, and, inherently, revenue growth—indications that is OPEN a good stock to buy might lean towards affirmative.

Moreover, Opendoor's virtual monopoly in the iBuying space, holding a formidable 79% market share, cannot be overlooked. This dominance sets the stage for sustainable expansion and plays a crucial role in Opendoor stock price prediction. Analysts are studying these factors closely, considering how Opendoor's strategic scaling, improved unit economics, and the current undervaluation could signify that the current OPEN stock price target may be set for an adjustment.

In making predictions about the OPEN stock buy or sell decision, analysts are also weighing the company's resiliency and adaptability. Despite past real estate market fluctuations, Opendoor's cautious yet deliberate scaling efforts denote a resilient business model aiming for long-term profitability. These aspects contribute to constructing a reliable OPEN stock forecast.

Lastly, the present undervaluation of OPEN stock suggests that the market might not fully appreciate the company's future potential. For those asking, buy or sell Opendoor Technologies stock, this could be seen as a unique opportunity. High growth potential at a discounted valuation offers a strategic entry point for investors.

In conclusion, by closely analyzing the factors of value proposition, market dominance, scalable growth, economic improvements, and current valuation, analysts can make more accurate predictions concerning Opendoor Technologies stock forecast. These insights not only help in understanding the current OPEN stock buy or sell dilemmas but also illuminate the path for potential future gains.

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About author

Unlocking the Potential: A Fresh Look at Opendoor Technologies Stock Forecast

Trend: Bullish
Mar 02, 2024

In the rapidly evolving market landscape, Opendoor Technologies (OPEN) presents a fascinating case for opportunistic investors aiming to tap into the housing market's ebb and flow. Analyzing the OPEN stock forecast reveals several pivotal factors likely to steer the stock's trajectory in the near term. Foremost among these is the company's improving profit margins, a testament to its operational excellence and a beacon for profitability ahead.

Charting the Course for OPEN Stock

The confluence of cooling inflation, an anticipated pivot in Federal Reserve policies by H1'24, and a thawing in mortgage rates holds the promise to alter market sentiments significantly. Analysts keen on crafting an accurate OPEN stock price prediction are watching these indicators closely, considering their potential to amplify investor confidence and spur stock prices. The prospect of a revival in the resale market further brightens the outlook, suggesting a feasible uplift in demand that could strengthen OPEN's revenue stream.

To forecast OPEN's stock rates deftly, an analyst must weigh the interplay of these factors against the backdrop of the company's latest guidance and financial performance. OPEN's FQ1'24 forecasts underscore a trajectory of growth, shining a spotlight on revenue, contribution profit, and adjusted EBITDA. Such forward-looking metrics are vital in refining an OPEN stock price target.

Moreover, navigating through the valuation landscape reveals that OPEN trades at a discount compared to its sector peer, Zillow. This divergence not only highlights a potential pricing anomaly but also flags an attractive entry point for those deducing whether OPEN is a good stock to buy now. For investors and analysts queasy about missing out on a burgeoning opportunity, the current market juncture offers a compelling narrative to buy or sell Opendoor Technologies stock, leveraging these insights into a prudent investment strategy.

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About author

Opendoor – American service for buying and selling real estate

Opendoor Technologies daily forecast for a month

Date Target Pes. Opt. Vol., %
May 22 2.51 2.48 2.57 3.48
May 23 2.48 2.41 2.51 4.11
May 24 2.43 2.40 2.49 3.89
May 25 2.37 2.32 2.40 3.59
May 26 2.36 2.31 2.39 3.15
May 27 2.42 2.38 2.48 4.28
May 28 2.45 2.41 2.51 3.95
May 29 2.43 2.38 2.49 4.36
May 30 2.43 2.38 2.48 4.12
May 31 2.36 2.32 2.41 3.82
Jun 01 2.40 2.35 2.47 4.97
Jun 02 2.38 2.33 2.43 4.38
Jun 03 2.44 2.41 2.51 4.17
Jun 04 2.40 2.35 2.45 4.37
Jun 05 2.38 2.33 2.42 3.96
Jun 06 2.40 2.38 2.43 2.22
Jun 07 2.43 2.40 2.50 4.01
Jun 08 2.43 2.39 2.51 5.05
Jun 09 2.36 2.29 2.40 4.94
Jun 10 2.29 2.26 2.33 3.29
Jun 11 2.28 2.23 2.31 3.86
Jun 12 2.26 2.24 2.30 2.67
Jun 13 2.30 2.29 2.37 3.63
Jun 14 2.36 2.32 2.38 2.81
Jun 15 2.33 2.31 2.39 3.55
Jun 16 2.38 2.30 2.45 6.36
Jun 17 2.36 2.31 2.41 4.37
Jun 18 2.32 2.30 2.36 2.78
Jun 19 2.32 2.27 2.36 4.01
Jun 20 2.26 2.23 2.32 3.94

Opendoor Technologies Daily Price Targets


Opendoor Technologies Stock Forecast 05-22-2024.

Forecast target price for 05-22-2024: $2.51.
Positive dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.368%.
Pessimistic target level: 2.48
Optimistic target level: 2.57

Opendoor Technologies Stock Forecast 05-23-2024.

Forecast target price for 05-23-2024: $2.48.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.949%.
Pessimistic target level: 2.41
Optimistic target level: 2.51

Opendoor Technologies Stock Forecast 05-24-2024.

Forecast target price for 05-24-2024: $2.43.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.747%.
Pessimistic target level: 2.40
Optimistic target level: 2.49

Opendoor Technologies Stock Forecast 05-25-2024.

Forecast target price for 05-25-2024: $2.37.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.465%.
Pessimistic target level: 2.32
Optimistic target level: 2.40

Opendoor Technologies Stock Forecast 05-26-2024.

Forecast target price for 05-26-2024: $2.36.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.052%.
Pessimistic target level: 2.31
Optimistic target level: 2.39

Opendoor Technologies Stock Forecast 05-27-2024.

Forecast target price for 05-27-2024: $2.42.
Positive dynamics for Opendoor Technologies shares will prevail with possible volatility of 4.100%.
Pessimistic target level: 2.38
Optimistic target level: 2.48

OPEN (OPEN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 2.29 2.11 2.56 17.50
Jul. 2.15 1.88 2.26 16.96
Aug. 2.06 1.85 2.19 15.38
Sep. 1.94 1.75 2.03 13.96
Oct. 1.98 1.80 2.08 13.87
Nov. 2.05 1.81 2.18 17.09
Dec. 1.97 1.73 2.16 19.77

Opendoor Technologies forecast for this year


Opendoor Technologies Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $2.29119. Pessimistic: $2.11. Optimistic: $2.56


Opendoor Technologies Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $2.15097. Pessimistic: $1.88. Optimistic: $2.26


Opendoor Technologies Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $2.05955. Pessimistic: $1.85. Optimistic: $2.19


Opendoor Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $1.94051. Pessimistic: $1.75. Optimistic: $2.03


Opendoor Technologies Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $1.9768. Pessimistic: $1.80. Optimistic: $2.08


Opendoor Technologies Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $2.05073. Pessimistic: $1.81. Optimistic: $2.18


Opendoor Technologies Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $1.97403. Pessimistic: $1.73. Optimistic: $2.16



Opendoor Technologies (OPEN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 2.03 1.78 2.29 22.28
Feb 1.89 1.68 2.10 19.62
Mar 1.80 1.73 2.03 14.80
Apr 1.85 1.78 1.92 7.36
May 1.64 1.57 1.74 9.73
Jun 1.81 1.62 1.96 17.42
Jul 2.08 1.84 2.20 16.55
Aug 2.37 2.22 2.64 15.77
Sep 2.77 2.46 2.90 15.28
Oct 3.19 2.82 3.59 21.44
Nov 3.22 3.06 3.40 9.98
Dec 3.61 3.37 3.91 13.81

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 3.54 3.08 3.73 17.41
Feb 3.06 2.70 3.45 21.83
Mar 3.00 2.82 3.11 9.37
Apr 2.88 2.50 3.15 20.83
May 2.74 2.37 2.86 17.12
Jun 2.63 2.51 2.86 12.06
Jul 2.99 2.73 3.39 19.33
Aug 3.47 3.16 3.83 17.71
Sep 3.49 3.19 3.65 12.68
Oct 3.67 3.26 4.16 21.73
Nov 3.59 3.46 4.02 13.98
Dec 3.88 3.66 4.04 9.47

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 3.92 3.71 4.33 14.30
Feb 4.29 4.12 4.75 13.34
Mar 4.88 4.60 5.22 11.76
Apr 4.87 4.60 5.16 10.91
May 5.54 5.21 5.83 10.66
Jun 5.80 5.57 6.01 7.39
Jul 6.16 5.85 6.54 10.57
Aug 5.87 5.45 6.33 13.87
Sep 5.84 5.62 6.28 10.58
Oct 5.84 5.41 6.40 15.50
Nov 6.12 5.80 6.70 13.37
Dec 6.05 5.70 6.33 9.91

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 6.38 5.95 6.97 14.64
Feb 6.37 5.83 6.93 15.93
Mar 6.51 6.18 7.38 16.34
Apr 7.11 6.81 7.58 10.20
May 7.94 7.13 8.55 16.58
Jun 8.10 7.79 8.92 12.67
Jul 7.81 6.92 8.80 21.29
Aug 7.18 6.84 7.62 10.25
Sep 7.40 6.65 7.65 12.99
Oct 7.37 6.48 7.86 17.54
Nov 6.28 6.05 6.67 9.29
Dec 5.51 5.16 5.77 10.57

Opendoor Technologies information and performance

Opendoor Technologies Address

317 UNIVERSITY AVENUE, SUITE 200, PALO ALTO, CA, US

Market Capitalization: 1 666 698 000 $

Market capitalization of the Opendoor Technologies Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of OPEN shares in the company outstanding by the market price of one share.

EBITDA: -267 000 000 $

EBITDA of Opendoor Technologies is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.42

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: -0.621
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 40.32

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.44

Enterprise Value (EV) /Revenue

EV To EBITDA: 339.6

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 691576000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.