π What are the current analyst ratings and price targets for OpenDoor's stock?
8/4/2025 06:06am
The current analyst ratings and price targets for OpenDoor's stock are as follows:
1. **Analyst Ratings**:
- Opendoor Technologies (OPEN) has been analyzed by 21 analysts, with a consensus rating of 'Buy' as of August 3, 2025.
- The breakdown of recommendations is 19% Strong Buy, 33% Buy, 38% Hold, 5% Sell, and 5% Strong Sell.
2. **Price Targets**:
- The average price target for Opendoor Technologies Inc is $21.71, reflecting a 0.00% increase from the current stock price.
- However, given the recent stock price volatility and market conditions, it's important to note that price targets can fluctuate based on market trends and company performance.
3. **Recent Price Target Adjustments**:
- UBS analyst Chris Kuntarich lowered the price target on Opendoor Technologies to $1.20 from $2.00.
- Deutsche Bank analyst Benjamin Black lowered the price target to $1.35 from $1.60.
- These adjustments reflect the more cautious outlook of analysts in light of OpenDoor's financial challenges and the broader competitive landscape in the real estate tech sector.
In summary, the current analyst consensus is positive with a 'Buy' rating, but price targets reflect the market's uncertainty and the need for OpenDoor to demonstrate improved financial performance and market positioning to sustain investor confidence.