|Bid||2.4600 x 28000|
|Ask||2.4700 x 21500|
|Day's range||2.4300 - 2.8300|
|52-week range||0.9170 - 7.8900|
|Beta (5Y monthly)||1.91|
|PE ratio (TTM)||N/A|
|Earnings date||02 Aug 2023 - 07 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.84|
Bull markets and low interest rates can make the stock market irrational. Opendoor Technologies (NASDAQ: OPEN) went public via a SPAC in 2020. The real estate start-up pitched itself as a technology company, but all it was doing was buying and selling residential real estate directly from consumers, otherwise known as home flipping.
Opendoor Technologies Inc. (OPEN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Opendoor's (NASDAQ: OPEN) results gave investors a little reason for optimism in the first quarter, and if a new buying model works as planned, this could be a great stock. In this video, Travis Hoium highlights what to like and what to be skeptical of in the results.
The stock market -- especially when it comes to technology stocks -- was having a good day on Wednesday. Leading iBuyer Opendoor Technologies (NASDAQ: OPEN) was up by 7% during this time after rising by double digits earlier in the day, while brokerage disruptor Redfin (NASDAQ: RDFN) was 13% higher. Opendoor reported its earnings last Thursday, and the company is making impressive progress in selling its "old book" of homes.
Shares of Opendoor (NASDAQ: OPEN) tumbled 21.6% in April, according to S&P Global Market Intelligence, due to worrisome housing market data. The company's delicate financial health doesn't leave much wiggle room, and Opendoor will continue to suffer net losses as real estate struggles with difficult macroeconomic conditions. The company operates an e-commerce platform for residential real estate.
Opendoor Technologies Inc. (OPEN) delivered earnings and revenue surprises of 9.86% and 20.66%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Exane BNP Paribas downgraded Microsoft (NASDAQ:MSFT) to Neutral from Outperform. Wedbush downgraded Opendoor Technologies (NASDAQ:OPEN) to Neutral from Outperform and cut its price target to $1.70 from $3.50. In order for the company's iBuying business to succeed, product availability and access to financing for iBuyers and their retail customers are crucial, according to Wedbush.
Selling your home to a cash buyer could help you close within 14 days or less. Read on to discover which companies are buying homes at the best closing prices.
The real estate tech company benefited from surprising home sales data and favorable interest rate news.
It is a pleasure to report that the Opendoor Technologies Inc. ( NASDAQ:OPEN ) is up 49% in the last quarter. But that...
Yahoo Finance Live discusses a surge in real estate stocks amid reports that the Fed won’t raise interest rates following the collapse of Silicon Valley Bank.
Fourth-quarter earnings gave investors some insight into Opendoor's progress. Opendoor, which buys homes with cash offers and resells them for a fee, purchased a whopping 14,135 homes in the second quarter of 2022. Opendoor has been frantically trying to off-load these homes over the past two quarters, losing a lot of money in the process.
The COVID-19 pandemic provided a generational catalyst for the U.S. housing market. Median home prices soared over 40% in less than two years as record-low interest rates drove the cost of financing a home to new lows and work-from-anywhere policies allowed more young adults to move away from downtown urban areas. Now mortgage rates are soaring, causing housing prices to stagnate and even decline in many regions around the country.
How Zillow is (in some ways) at a fresh starting point. One thing to watch in Redfin's report. Motley Fool producer Ricky Mulvey and Motley Fool analyst Sanmeet Deo discuss companies that are flying under Wall Street's radar, in part because of where they're located.
The changing landscape of house flipping is just one trend real estate investors need to be aware of.
Opendoor Technologies Inc. (OPEN) delivered earnings and revenue surprises of -2.78% and 18.57%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
It's not an iBuyer's market anymore. Not only have US housing starts declined for the fifth month in a row -- a trend not seen since 2009 --...
Shares of SoundHound AI (NASDAQ: SOUN), Opendoor (NASDAQ: OPEN), and Velo3D (NYSE: VLD) are trading a respective 121%, 102%, and 105% higher so far this year through Wednesday's close. When you think about conversational intelligence, you might concoct images of Ivy Leaguers at a cocktail party or a Mensa speed-dating event -- but it's a lot cooler than that for SoundHound AI. The company operates an independent voice artificial intelligence (AI) platform, giving businesses a way to use AI-enhanced tools for speech recognition, transcription, and computer-generated speech to deliver a better conversational experience for their customers.
DoorDash, Opendoor, and Nextdoor got crushed in 2022, but they've been "door" prizes in 2023.
Investors are betting a housing market recovery will help Opendoor generate a profit. But is that just false hope?
Week to date, shares of home marketplace company Opendoor Technologies (NASDAQ: OPEN) were up 37.4% through Thursday's market close, according to data provided by S&P Global Market Intelligence, after investors jumped back into high-risk stocks. The stock has cratered from a high of $11.39 in the last year all the way to under $1 per share, but it has recovered on the hope that the housing market won't be as bad as feared. It certainly helps that investors are bidding up a lot of the tech stocks that have gotten crushed over the past year.
Leading iBuyer Opendoor (NASDAQ: OPEN) was having an excellent day on Thursday. As of 3 p.m. EST, the real estate disruptor's stock had risen by 14% for the day and has now more than tripled from its 52-week low in just over a month. There isn't any company-specific news driving the news higher, but there has been a surge in optimism for the real estate market in general.
The so-called "instant" home buyers added good liquidity and fast options that will be missed by some.
When the curtain closed on 2022, the ageless Dow Jones Industrial Average, widely followed S&P 500, and growth-dependent Nasdaq Composite, respectively finished lower by 9%, 19%, and 33%. It was, collectively, the worst performance for Wall Street in 14 years. This is why most analyst price targets point to upside in equities.
Some of the most exciting growth companies of 2020 and 2021 had absolutely horrific performances in 2022. In this video, Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss two in particular they could get rid of if there isn't a dramatic improvement this year.