Opendoor Hits 5-Day Low Amid Earnings Delay
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Updated: 05 Nov 25 
Shares of Opendoor Technologies Inc. (OPEN.O) fell to a 5-day low today as investors reacted to the company's postponed earnings report, now scheduled for November 6. The delay, attributed to the need for further assessment of an impairment charge, has raised concerns about the company's financial stability amidst ongoing restructuring efforts. Additionally, a recent $39 million settlement related to a federal investor lawsuit has highlighted operational risks, further dampening market sentiment. Analysts maintain a Moderate Sell consensus on the stock, reflecting apprehensions about its ability to navigate a challenging housing market and restore investor confidence.
OPEN
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Analyst Views on OPEN
Wall Street analysts forecast OPEN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OPEN is 1.73 USD with a low forecast of 0.70 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
1 Buy
2 Hold
5 Sell
Moderate Sell
Current: 8.560
Low
0.70
Averages
1.73
High
6.00
Current: 8.560
Low
0.70
Averages
1.73
High
6.00
Citi
Sell
maintain
2025-11-12
New
Reason
Citi
Price Target
2025-11-12
New
maintain
Sell
Reason
Citi raised the firm's price target on Opendoor Technologies to $1.40 from 70c and keeps a Sell rating on the shares post the Q3 report. The company said it will begin materially rescaling the business and home purchases under new management.
JPMorgan
Overweight
maintain
$8
2025-11-10
Reason
JPMorgan
Price Target
$8
2025-11-10
maintain
Overweight
Reason
JPMorgan keeps an Overweight rating on Opendoor Technologies and established an $8 price target following the Q3 report. While the company's near-term results will be volatile, Opendoor already reduced spreads, which is driving an acceleration in home acquisitions in Q4, the analyst tells investors in a research note. JPMorgan is "encouraged by the confidence and energy from the new leadership."
Keefe Bruyette
Ryan Tomasello
Underperform
maintain
$1 -> $2
2025-11-10
Reason
Keefe Bruyette
Ryan Tomasello
Price Target
$1 -> $2
2025-11-10
maintain
Underperform
Reason
Keefe Bruyette analyst Ryan Tomasello raised the firm's price target on Opendoor Technologies to $2 from $1 and keeps an Underperform rating on the shares.
BTIG
Jake Fuller
Neutral
maintain
~$5
2025-11-10
Reason
BTIG
Jake Fuller
Price Target
~$5
2025-11-10
maintain
Neutral
Reason
BTIG analyst Jake Fuller says Opendoor Technologies' new management going on offense by talking about buying more homes faster at better margins "struck a chord" with investors, but the firm argues that removing the guardrails "would only work" if Opendoor has cracked the code on buying the right homes at the right price in the right sort of market backdrop, which it says "feels like a lot to take on faith." Even if one underwrites a rebound in volume to the 2022 peak at current margin targets, that would "still only pencil us out to value for the stock in the ~$5/share range," while getting to something closer to the current price would require above-peak volume or the application of a software-type multiple on what is "a low-margin, capital-intense business," adds the analyst, who keeps a Neutral rating on the stock.
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About OPEN
Opendoor Technologies Inc. is an e-commerce platform for residential real estate transactions. By leveraging software, data science, product design and operations, the Company is engaged in building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience. Its product offerings include Sell to Opendoor, List with Opendoor and Opendoor Marketplace. Sell to Opendoor enables sellers to utilize its core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, home repair coordination, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Its capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. Its listing product is available in nearly all Opendoor markets.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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