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What is Wall Street's Target Price for Opendoor Technologies Inc (OPEN) Stock Friday?

Friday, November 24, 2023 09:39 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Opendoor Technologies Inc (OPEN) Stock Friday?

Wall Street is positive on Opendoor Technologies Inc (OPEN). On average, analysts give the stock a Buy rating. The average price target is $2.32, which means analysts expect the stock to decrease by -7.57% over the next twelve months. That average ranking earns the stock an Analyst Rating of 15, which is better than 15% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.2
Wall Street analysts are rating OPEN a Buy today. Find out what this means to you and get the rest of the rankings on OPEN!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Opendoor Technologies Inc Stock Today?

Opendoor Technologies Inc (OPEN) stock is up 2.44% while the S&P 500 is unmoved 0% as of 9:33 AM on Friday, Nov 24. OPEN has gained $0.06 from the previous closing price of $2.45 on volume of 106,446 shares. Over the past year the S&P 500 has risen 13.18% while OPEN has gained 21.26%. OPEN lost -$0.91 per share the over the last 12 months. Click Here to get the full Stock Report for Opendoor Technologies Inc stock.

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