The NASDAQ 100 Pre-Market Indicator is up 34.36 to 23,097.94, with 249,543,904 shares traded. The most active stocks include Opendoor Technologies Inc (OPEN) at $2.60, GoPro, Inc. (GPRO) at $2.10, Krispy Kreme, Inc. (DNUT) at $5.49, Direxion Daily TSLA Bull 2X Shares (TSLL) at $12.55, Abivax SA (ABVX) at $59.50, NIO Inc. (NIO) at $5.23, Rocket Companies, Inc. (RKT) at $17.50, NVIDIA Corporation (NVDA) at $169.14, AT&T Inc. (T) at $26.60, BigBear.ai, Inc. (BBAI) at $7.49, Kohl's Corporation (KSS) at $14.24, and Stellantis N.V. (STLA) at $9.87.
Title: Opendoor Technologies Inc. (OPEN) Share Price and Market Activity
Opendoor Technologies Inc. (OPEN), a digital platform for residential real estate, has seen significant market activity in the pre-market session. The stock is currently trading at $2.60, up from its previous close of $3.21. This increase follows a period of volatility, with shares trading in a range of $0.5084 to $4.97 over the past year [1].
The most recent earnings call for Opendoor Technologies provided insight into its financial performance. Despite a negative price-to-earnings ratio (PE ratio) of -5.36, the company continues to operate as a cash-burning, low-margin business with meager near-term growth prospects [1]. Analysts' ratings and price targets for OPEN remain mixed, with some expecting a turnaround while others caution against overvaluing the stock.
The company's core business model revolves around enabling customers to buy and sell houses online, generating revenue through home sales and other real estate services. Opendoor Technologies has a market capitalization of $2.34 billion and has 728,896,889 shares outstanding. The registered address for Opendoor Technologies is 3411 SILVERSIDE ROAD TATNALL, BUILDING #104, WILMINGTON, DELAWARE, 19810, and the website address is www.opendoor.com [1].
In the pre-market session, OPEN was one of the most active stocks, with 67,855,698 shares traded. This activity is likely influenced by recent regulatory filings and the company's upcoming earnings report scheduled for August 5, 2025. The latest Form 8-K filing indicates that the company is actively engaged in various transactions and regulatory activities, including proposed sales of securities and changes in beneficial ownership [1].
The current share price of OPEN is $2.7098, with a 1-year trading range of $0.5084 to $4.97. The market capitalization stands at $2.34 billion, and the price-to-earnings ratio is -5.36. The company reports financial results in USD, with the latest annual turnover at $5.15 billion and an annual profit of -$392 million [1].
Opendoor Technologies operates in the REAL ESTATE AGENTS & MGRS sector, and its share price has been influenced by various factors, including regulatory filings, market sentiment, and analyst ratings. The company's recent activity and upcoming earnings report will likely continue to shape its stock price in the coming weeks.
References:
[1] https://www.advfn.com/stock-market/NASDAQ/OPEN/stock-price
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