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: July 27, 2024 (05:21)

Sector: Technology

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

Latest session on the 26th of July for
Opendoor Technologies Inc. is positive
Trading Volume: 17841572
Open: 2.61 /  High: 2.61 /  Low: 2.42
What analysts predict: $2.53
52-week High/Low: $5.41 / $1.68

50/200 Day Moving Average: $2.161 / $2.732

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

Fed Pivot and Market Sentiment: Key Drivers for Opendoor (OPEN) Stock Rates

Trend: Bullish
Jul 13, 2024

Foreseeing changes in Opendoor Technologies (OPEN) stock rates involves analyzing multiple impactful factors. Of paramount importance is the potential "Fed Pivot." A rate cut by the Federal Reserve, anticipated in September 2024, could lower mortgage rates substantially. This rate reduction would make homeownership more accessible, boosting home transactions and enhancing Opendoor's financial performance, which in turn could drive OPEN stock prices upward.

Market Sentiments and Spreads Improvement

The market sentiment also plays a significant role in shaping OPEN stock forecasts. Indicators like a moderate CBOE Volatility Index and a reversing McClellan Volume Summation Index suggest growing investor confidence. Positive market sentiment generally leads to increased buying activity, applying upward pressure on stock prices. As analysts observe these trends, OPEN shares appear poised to benefit from improved sentiment.

Additionally, OPEN has been showing promising signs through its improving inventory metrics and spreading margins. These improvements, highlighted in the robust FQ2'24 margin guidance, indicate higher profit margins for the company. For analysts predicting OPEN stock prices, these expanding spreads and optimized operations reveal a solid foundation for potential growth.

To precisely forecast OPEN stock rates, analysts can monitor:

  • The Federal Reserve's policy changes and potential rate cuts
  • Market sentiment indicators such as the CBOE Volatility Index and the McClellan Volume Summation Index
  • OPENDOOR's financial health through inventory metrics and margin improvements

Integrating these factors offers a holistic view, guiding analysts in making informed and accurate predictions about OPEN stock prices.

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Deciphering the Puzzle: Opendoor Technologies' Stock Forecast

Trend: Neutral
Jun 13, 2024

As financial analysts dive deep into the future of Opendoor Technologies' (OPEN) stocks, several looming factors stand out, painting a complex picture of the company's financial trajectory. At the forefront, Opendoor's ongoing struggle to achieve positive free cash flow profoundly influences OPEN stock forecasts. This fundamental financial hurdle shapes a narrative of caution and skepticism among investors, casting shadows on the company's ability to uphold sustainable profitability. Thus, potential investors and analysts alike are keeping a watchful eye on this development, considering it a critical indicator for forecasting OPEN's stock rates.

Factors Shaping Opendoor's Stock Outlook

Moreover, external forces such as macroeconomic challenges add another layer of complexity. Fluctuating market conditions and transaction volumes are pivotal, directly impacting Opendoor's revenue-generation capacity. Analysts are weighing these macroeconomic factors heavily in their OPEN stock price predictions, understanding that any shift in the economic landscape could have profound implications on the company's performance.

The introduction of an equity program by Opendoor signals another significant development. This move, aimed at raising additional financing, implies a potential dilution of shareholder value. Insightful analysts will consider the implications of this program when determining whether OPEN is a good stock to buy, sell, or hold. The equity program's effect on investor sentiment and stock prices cannot be underestimated, adding another piece to the puzzle of forecasting OPEN's stock rates accurately.

In summary, accurate OPEN stock price predictions hinge on analyzing these interlinked factors: the quest for positive free cash flow, the macroeconomic landscape, and strategic financing initiatives like the equity program. Analysts dedicated to unmasking Opendoor Technologies stock forecast intricacies must blend these elements to form a coherent view of the company's future in a highly volatile market.

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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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Opendoor – American service for buying and selling real estate

Opendoor Technologies daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 29 2.54 2.50 2.60 4.11
Jul 30 2.56 2.52 2.64 4.43
Jul 31 2.55 2.51 2.59 3.50
Aug 01 2.50 2.43 2.54 4.53
Aug 02 2.56 2.48 2.58 4.08
Aug 03 2.53 2.46 2.56 3.98
Aug 04 2.55 2.48 2.61 5.36
Aug 05 2.58 2.56 2.60 1.65
Aug 06 2.69 2.61 2.77 6.05
Aug 07 2.64 2.61 2.71 4.01
Aug 08 2.65 2.61 2.74 4.71
Aug 09 2.70 2.63 2.72 3.66
Aug 10 2.65 2.57 2.68 4.36
Aug 11 2.73 2.65 2.75 3.79
Aug 12 2.79 2.73 2.86 4.95
Aug 13 2.73 2.69 2.80 4.03
Aug 14 2.83 2.80 2.90 3.44
Aug 15 2.84 2.81 2.87 1.94
Aug 16 2.89 2.83 2.95 4.24
Aug 17 2.92 2.85 3.00 5.20
Aug 18 2.87 2.78 2.91 4.75
Aug 19 2.75 2.72 2.83 4.06
Aug 20 2.71 2.64 2.78 5.27
Aug 21 2.74 2.68 2.81 4.86
Aug 22 2.83 2.78 2.91 4.65
Aug 23 2.83 2.81 2.91 3.63
Aug 24 2.73 2.64 2.79 5.62
Aug 25 2.77 2.74 2.80 2.23
Aug 26 2.71 2.64 2.77 4.88
Aug 27 2.65 2.58 2.68 3.86

Opendoor Technologies Daily Price Targets


Opendoor Technologies Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $2.54.
Positive dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.948%.
Pessimistic target level: 2.50
Optimistic target level: 2.60

Opendoor Technologies Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $2.56.
Positive dynamics for Opendoor Technologies shares will prevail with possible volatility of 4.240%.
Pessimistic target level: 2.52
Optimistic target level: 2.64

Opendoor Technologies Stock Forecast 07-31-2024.

Forecast target price for 07-31-2024: $2.55.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.378%.
Pessimistic target level: 2.51
Optimistic target level: 2.59

Opendoor Technologies Stock Forecast 08-01-2024.

Forecast target price for 08-01-2024: $2.50.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 4.332%.
Pessimistic target level: 2.43
Optimistic target level: 2.54

Opendoor Technologies Stock Forecast 08-02-2024.

Forecast target price for 08-02-2024: $2.56.
Positive dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.922%.
Pessimistic target level: 2.48
Optimistic target level: 2.58

Opendoor Technologies Stock Forecast 08-03-2024.

Forecast target price for 08-03-2024: $2.53.
Negative dynamics for Opendoor Technologies shares will prevail with possible volatility of 3.825%.
Pessimistic target level: 2.46
Optimistic target level: 2.56

OPEN (OPEN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 2.24 2.12 2.54 16.54
Sep. 2.20 1.98 2.42 18.08
Oct. 2.14 2.00 2.37 15.77
Nov. 2.13 2.02 2.28 11.72
Dec. 1.94 1.75 2.02 13.09

Opendoor Technologies forecast for this year


Opendoor Technologies Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $2.24202. Pessimistic: $2.12. Optimistic: $2.54


Opendoor Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $2.2001. Pessimistic: $1.98. Optimistic: $2.42


Opendoor Technologies Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $2.13651. Pessimistic: $2.00. Optimistic: $2.37


Opendoor Technologies Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $2.12925. Pessimistic: $2.02. Optimistic: $2.28


Opendoor Technologies Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $1.94102. Pessimistic: $1.75. Optimistic: $2.02



Opendoor Technologies (OPEN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 2.07 1.81 2.30 21.25
Feb 1.96 1.80 2.12 15.38
Mar 1.89 1.78 1.99 10.34
Apr 1.77 1.54 2.00 22.97
May 1.70 1.59 1.77 10.40
Jun 1.58 1.41 1.68 16.26
Jul 1.42 1.35 1.60 15.70
Aug 1.41 1.35 1.56 13.49
Sep 1.41 1.25 1.50 16.63
Oct 1.46 1.36 1.57 13.38
Nov 1.36 1.20 1.47 18.73
Dec 1.42 1.24 1.53 19.02

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 1.53 1.35 1.71 20.69
Feb 1.56 1.41 1.66 14.85
Mar 1.35 1.23 1.46 15.92
Apr 1.22 1.10 1.33 17.18
May 1.20 1.07 1.31 18.63
Jun 1.11 1.02 1.24 17.50
Jul 1.22 1.13 1.29 12.41
Aug 1.18 1.07 1.33 19.30
Sep 1.16 1.08 1.20 10.18
Oct 1.23 1.13 1.39 18.52
Nov 1.25 1.19 1.40 15.09
Dec 1.20 1.12 1.28 13.03

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 1.30 1.19 1.42 16.61
Feb 1.19 1.14 1.25 9.07
Mar 1.12 1.05 1.16 10.13
Apr 1.28 1.19 1.39 14.62
May 1.28 1.19 1.33 10.93
Jun 1.32 1.14 1.46 22.20
Jul 1.27 1.14 1.43 20.51
Aug 1.39 1.23 1.46 16.10
Sep 1.35 1.23 1.51 18.78
Oct 1.54 1.34 1.62 17.57
Nov 1.49 1.37 1.65 17.12
Dec 1.30 1.19 1.46 18.45

Opendoor Technologies (OPEN) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 1.38 1.32 1.54 14.43
Feb 1.26 1.15 1.34 14.42
Mar 1.33 1.25 1.47 14.89
Apr 1.36 1.28 1.41 9.16
May 1.28 1.13 1.39 19.06
Jun 1.48 1.37 1.60 14.19
Jul 1.42 1.29 1.51 14.28
Aug 1.64 1.53 1.77 13.67
Sep 1.53 1.44 1.67 14.01
Oct 1.59 1.52 1.79 15.38
Nov 1.52 1.47 1.59 7.50
Dec 1.54 1.46 1.71 14.46

Opendoor Technologies information and performance

Opendoor Technologies Address

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

Market Capitalization: 1 732 398 000 $

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: 0.536

Enterprise Value (EV) /Revenue

EV To EBITDA: -5.85

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.