What is the short-term price target for Open Door's stock according to analysts?

The short-term price target for Opendoor Technologies Inc. (OPEN) is $1.00, according to analysts. This target is based on the median of analysts' estimates and is derived from various factors, including the company's financial performance, market conditions, and strategic initiatives. 1. **Analyst Estimates**: The price target of $1.00 is based on the mean estimate from 8 analysts, according to LSEG data. This estimate reflects the analysts' expectations for the stock's future performance. 2. **JMP Securities**: JMP Securities, a financial services firm, has adjusted its price target for Opendoor to $1.75, down from the previous $2.50. This reduction suggests that JMP Securities believes the stock may face challenges in the near term. 3. **KBW**: KBW, another financial services firm, has maintained a Hold rating on Opendoor with a price target of $1.00. This target is based on KBW's analysis of the company's financial performance and market conditions. 4. **UBS**: UBS has cut its price target for Opendoor to $1.20 from the previous $2.00. This adjustment reflects UBS's concerns about Opendoor's ability to avoid price reductions within its existing inventory and its projected peak in adjusted operating expenses. Overall, the short-term price target for Opendoor's stock is $1.00, based on analysts' estimates and market conditions. However, it's important to note that these targets are subject to change as new information becomes available.