OPEN Similar Chart Price Prediction
The price of OPEN is predicted to go up 0.98%, based on the high correlation periods with SWKS. The similarity of these two price pattern on the periods is 92.63%.
OPEN
SWKS
Up: 0.98%Similarity: 92.63%
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OPEN Analyst's Forecast
Ygal Arounian
Citigroup
Hold
2025-01-03
Price Target
$2 → $1.8
Upside
+9.09%
Citi lowered the firm's price target on Opendoor Technologies to $1.80 from $2 and keeps a Neutral rating on the shares as part of its 2025 internet outlook. After another strong year for internet stocks in 2024, Citi expects continued momentum, driven more by fundamentals than multiple expansion, the analyst tells investors in a research note. The firm says that while internet largely outperformed in 2024, it sees fundamentals as better positioned going into 2025, while multiples are "still reasonable, despite two years of re-rating." Citi's top picks for 2025 are Wix.com (WIX), Godaddy (GDDY), VeriSign (VRSN), Trade Desk (TTD), and Kaspi.kz (KSPI).
