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Opendoor Technologies (OPEN) has experienced a 300% year-to-date share price surge, but a weaker 1-year total shareholder return of 276.33%. Investors debate its path to sustainable profitability. The stock is currently overvalued with a narrative fair value of $2.99, compared to its closing price of $6.36. Analysts have a consensus price target of $1.143, with bullish and bearish targets ranging from $2.0 to $0.7. The company's ambitious earnings and valuation multiples are based on assumptions about future growth and margin projections. Persistent housing market softness and inventory risk could derail Opendoor's margin ambitions.
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