Opendoor Technologies Inc (OPEN) saw its stock decline by 5.12% as it crossed below the 20-day SMA, reflecting a challenging market environment despite broader market gains in the Nasdaq-100 and S&P 500.
The recent surge in the Nasdaq-100 and S&P 500, which rose by 0.49% and 0.35% respectively, highlights a sector rotation as Opendoor's stock struggles amidst high mortgage rates and a sluggish housing market. The company's new CEO, Kaz Nejatian, is attempting to implement a volume-focused model to improve performance, but the stock remains significantly below its all-time high, indicating ongoing investor caution.
As the real estate market faces challenges, Opendoor's future performance will depend on its ability to adapt to changing market conditions and investor sentiment. The company's potential for revenue growth remains, but it must navigate the current economic landscape carefully.
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 4.35 USD with a low forecast of 1.40 USD and a high forecast of 8.00 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.
5 Analyst Rating
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 4.35 USD with a low forecast of 1.40 USD and a high forecast of 8.00 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.
1 Buy
2 Hold
2 Sell
Hold
Current: 5.760
Low
1.40
Averages
4.35
High
8.00
Current: 5.760
Low
1.40
Averages
4.35
High
8.00
Deutsche Bank
Hold
maintain
$4
2026-01-20
Reason
Deutsche Bank
Price Target
$4
AI Analysis
2026-01-20
maintain
Hold
Reason
Deutsche Bank raised the firm's price target on Opendoor Technologies to $4 from 90c and keeps a Hold rating on the shares.
Citi
Sell
maintain
2025-11-12
Reason
Citi
Price Target
2025-11-12
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.
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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.
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
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.