Opendoor (OPEN) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

OPEN Stock Forecast


Opendoor stock forecast is as follows: an average price target of $5.63 (represents a 204.32% upside from OPEN’s last price of $1.85) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

OPEN Price Target


The average price target for Opendoor (OPEN) is $5.63 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $2.00. This represents a potential 204.32% upside from OPEN's last price of $1.85.

OPEN Analyst Ratings


Buy

According to 4 Wall Street analysts, Opendoor's rating consensus is 'Buy'. The analyst rating breakdown for OPEN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Opendoor Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 19, 2023Nicholas JonesJMP Securities$3.00$1.5889.27%62.16%
Oct 17, 2022Michael NgGoldman Sachs$2.00$2.44-18.20%8.11%
Aug 24, 2022Jake FullerBTIG$9.00$4.6493.76%386.49%
Jun 21, 2022Jason WeaverCompass Point$8.50$4.8375.98%359.46%
Mar 03, 2022Jake FullerBTIG$15.00$7.8192.06%710.81%
Row per page
Go to

The latest Opendoor stock forecast, released on Apr 19, 2023 by Nicholas Jones from JMP Securities, set a price target of $3.00, which represents a 89.27% increase from the stock price at the time of the forecast ($1.58), and a 62.16% increase from OPEN last price ($1.85).

Opendoor Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.85$1.85$1.85
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Opendoor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Opendoor's last price of $1.85. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 14, 2024UBSMarket OutperformMarket OutperformHold
May 14, 2024JMP SecuritiesUnderperformUnderperformHold
May 03, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Dec 12, 2023Keefe, Bruyette & Woods-Market PerformUpgrade
Apr 19, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Feb 27, 2023Oppenheimer-PerformDowngrade
Sep 23, 2022Credit SuisseOutperformOutperformHold
Aug 24, 2022BTIGBuyBuyHold
Aug 08, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
May 09, 2022BTIGBuyBuyHold
Row per page
Go to

Opendoor's last stock rating was published by UBS on May 14, 2024. The company gave OPEN a "Market Outperform" rating, the same as its previous rate.

Opendoor Financial Forecast


Opendoor Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Revenue------------$870.00M$980.00M$1.98B$3.12B$2.86B$3.36B$4.20B$5.15B$3.82B$2.27B$1.19B$747.27M$248.89M
Avg Forecast$2.25B$2.26B$2.27B$2.24B$1.99B$2.21B$2.01B$1.56B$1.20B$1.27B$1.47B$1.09B$827.60M$1.01B$1.84B$2.71B$2.51B$2.64B$4.19B$4.29B$3.17B$2.01B$1.09B$620.19M$243.94M
High Forecast$2.25B$2.26B$2.27B$2.24B$1.99B$2.21B$2.01B$1.56B$1.20B$1.32B$1.47B$1.09B$841.45M$1.08B$1.84B$2.71B$2.51B$2.64B$4.19B$4.29B$3.17B$2.01B$1.09B$620.19M$243.94M
Low Forecast$2.25B$2.26B$2.27B$2.24B$1.99B$2.21B$2.01B$1.56B$1.20B$1.26B$1.47B$1.09B$821.60M$966.20M$1.84B$2.71B$2.51B$2.64B$4.19B$4.29B$3.17B$2.01B$1.09B$620.19M$243.94M
# Analysts3345452237324964374347444
Surprise %------------1.05%0.97%1.08%1.15%1.14%1.27%1.00%1.20%1.21%1.13%1.08%1.20%1.02%

Opendoor's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.09B, with a low forecast of $1.09B, and a high forecast of $1.09B. OPEN's average Quarter revenue forecast represents a 25.75% increase compared to the company's last Quarter revenue of $870.00M (Dec 23).

Opendoor EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452237324964374347444
EBITDA------------$-619.00M$-79.00M$-68.00M$-81.00M$-184.00M$-789.00M$58.00M$116.00M$-95.53M$-1.21M$-119.68M$-246.58M$-68.32M
Avg Forecast$-107.36M$-107.46M$-108.09M$-106.60M$-94.96M$-105.06M$-95.83M$-74.17M$-57.17M$-60.35M$-69.95M$287.85M$-39.43M$-48.20M$-87.44M$307.86M$-44.95M$-125.87M$-199.78M$329.26M$-150.88M$-95.90M$-52.11M$-246.58M$-11.62M
High Forecast$-107.36M$-107.46M$-108.09M$-106.60M$-94.96M$-105.06M$-95.83M$-74.17M$-57.17M$-59.87M$-69.95M$345.42M$-39.14M$-46.03M$-87.44M$369.43M$-35.96M$-125.87M$-199.78M$395.11M$-150.88M$-95.90M$-52.11M$-197.27M$-11.62M
Low Forecast$-107.36M$-107.46M$-108.09M$-106.60M$-94.96M$-105.06M$-95.83M$-74.17M$-57.17M$-62.74M$-69.95M$230.28M$-40.09M$-51.63M$-87.44M$246.29M$-53.94M$-125.87M$-199.78M$263.41M$-150.88M$-95.90M$-52.11M$-295.90M$-11.62M
Surprise %------------15.70%1.64%0.78%-0.26%4.09%6.27%-0.29%0.35%0.63%0.01%2.30%1.00%5.88%

7 analysts predict OPEN's average Quarter EBITDA for Sep 22 to be $-125.87M, with a high of $-125.87M and a low of $-125.87M. This is -317.02% lower than Opendoor's previous annual EBITDA (Jun 22) of $58.00M.

Opendoor Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452237324964374347444
Net Income------------$-40.00M$-106.00M$23.00M$-152.00M$-604.00M$-928.00M$-54.00M$-62.00M$-190.94M$-56.82M$-143.81M$-270.44M$-87.79M
Avg Forecast$-84.39M$-48.88M$-48.00M$-82.48M$-115.58M$-96.09M$-88.91M$-102.19M$-126.47M$-126.74M$-100.10M$69.48M$-164.20M$-138.63M$-198.02M$74.31M$-89.85M$-342.09M$22.76M$79.48M$-125.99M$-116.74M$-232.91M$-270.44M$-49.93M
High Forecast$-84.39M$-48.88M$-48.00M$-82.48M$-115.58M$-96.09M$-88.91M$-102.19M$-126.47M$-108.64M$-100.10M$83.38M$-145.96M$-83.18M$-198.02M$89.17M$-71.88M$-342.09M$22.76M$95.37M$-125.99M$-116.74M$-232.91M$-216.35M$-49.93M
Low Forecast$-84.39M$-48.88M$-48.00M$-82.48M$-115.58M$-96.09M$-88.91M$-102.19M$-126.47M$-162.95M$-100.10M$55.58M$-173.32M$-184.84M$-198.02M$59.45M$-107.82M$-342.09M$22.76M$63.58M$-125.99M$-116.74M$-232.91M$-324.52M$-49.93M
Surprise %------------0.24%0.76%-0.12%-2.05%6.72%2.71%-2.37%-0.78%1.52%0.49%0.62%1.00%1.76%

Opendoor's average Quarter net income forecast for Sep 23 is $-138.63M, with a range of $-184.84M to $-83.18M. OPEN's average Quarter net income forecast represents a -702.75% decrease compared to the company's last Quarter net income of $23.00M (Jun 23).

Opendoor SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452237324964374347444
SG&A------------$137.00M$133.00M$168.00M$254.00M$217.00M$345.00M$413.00M$377.00M$342.11M$243.60M$287.14M$291.15M$92.13M
Avg Forecast$257.44M$257.68M$259.19M$255.62M$227.70M$251.92M$229.78M$177.86M$137.09M$144.71M$167.74M$935.51M$94.54M$115.58M$209.68M$1.00B$160.98M$301.82M$479.05M$1.07B$361.79M$229.96M$124.96M$291.15M$27.87M
High Forecast$257.44M$257.68M$259.19M$255.62M$227.70M$251.92M$229.78M$177.86M$137.09M$150.45M$167.74M$1.12B$96.12M$123.80M$209.68M$1.20B$193.18M$301.82M$479.05M$1.28B$361.79M$229.96M$124.96M$349.38M$27.87M
Low Forecast$257.44M$257.68M$259.19M$255.62M$227.70M$251.92M$229.78M$177.86M$137.09M$143.56M$167.74M$748.41M$93.85M$110.37M$209.68M$800.43M$128.79M$301.82M$479.05M$856.08M$361.79M$229.96M$124.96M$232.92M$27.87M
Surprise %------------1.45%1.15%0.80%0.25%1.35%1.14%0.86%0.35%0.95%1.06%2.30%1.00%3.31%

Opendoor's average Quarter SG&A projection for Mar 24 is $935.51M, based on 2 Wall Street analysts, with a range of $748.41M to $1.12B. The forecast indicates a 582.85% rise compared to OPEN last annual SG&A of $137.00M (Dec 23).

Opendoor EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452237324964374347444
EPS------------$-0.06$-0.16$0.04$-0.24$-0.95$-1.47$-0.09$-0.10$-0.31$-0.09$-0.24$-0.48$-0.49
Avg Forecast$-0.12$-0.07$-0.07$-0.12$-0.17$-0.14$-0.13$-0.15$-0.18$-0.18$-0.14$-0.21$-0.24$-0.20$-0.29$-0.61$-0.81$-0.49$0.03$-0.17$-0.18$-0.17$-0.34$-0.48$-0.07
High Forecast$-0.12$-0.07$-0.07$-0.12$-0.17$-0.14$-0.13$-0.15$-0.18$-0.16$-0.14$-0.21$-0.21$-0.12$-0.29$-0.61$-0.81$-0.49$0.03$-0.17$-0.18$-0.17$-0.34$-0.48$-0.07
Low Forecast$-0.12$-0.07$-0.07$-0.12$-0.17$-0.14$-0.13$-0.15$-0.18$-0.23$-0.14$-0.21$-0.25$-0.27$-0.29$-0.61$-0.81$-0.49$0.03$-0.17$-0.18$-0.17$-0.34$-0.48$-0.07
Surprise %------------0.26%0.80%-0.12%0.39%1.17%2.98%-2.63%0.57%1.71%0.53%0.71%0.99%6.81%

According to 9 Wall Street analysts, Opendoor's projected average Quarter EPS for Sep 23 is $-0.20, with a low estimate of $-0.27 and a high estimate of $-0.12. This represents a -661.57% decrease compared to OPEN previous annual EPS of $0.04 (Jun 23).

Opendoor Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WEWeWork$0.84$16.00K1904661.90%Buy
OPADOfferpad Solutions$3.27$654.3519910.70%Buy
OPENOpendoor$1.85$5.63204.32%Buy
HOUSAnywhere Real Estate$3.89$8.50118.51%Sell
RMAXRE/MAX$11.93$16.6739.73%Buy
BEKEKE$22.17$24.329.70%Buy
RDFNRedfin$10.44$11.257.76%Hold
EXPIeXp World$13.50$13.50-Buy

OPEN Forecast FAQ


Yes, according to 4 Wall Street analysts, Opendoor (OPEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of OPEN's total ratings.

Opendoor (OPEN) average price target is $5.63 with a range of $2 to $9, implying a 204.32% from its last price of $1.85. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for OPEN stock, the company can go up by 204.32% (from the last price of $1.85 to the average price target of $5.63), up by 386.49% based on the highest stock price target, and up by 8.11% based on the lowest stock price target.

OPEN's average twelve months analyst stock price target of $5.63 supports the claim that Opendoor can reach $3 in the near future.

Opendoor's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.77B (high $7.77B, low $7.77B), average EBITDA is $-370M (high $-370M, low $-370M), average net income is $-403M (high $-403M, low $-403M), average SG&A $887.26M (high $887.26M, low $887.26M), and average EPS is $-0.581 (high $-0.581, low $-0.581). OPEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.02B (high $9.02B, low $9.02B), average EBITDA is $-430M (high $-430M, low $-430M), average net income is $-264M (high $-264M, low $-264M), average SG&A $1.03B (high $1.03B, low $1.03B), and average EPS is $-0.38 (high $-0.38, low $-0.38).

Based on Opendoor's last annual report (Dec 2023), the company's revenue was $6.95B, beating the average analysts forecast of $6.38B by 8.81%. Apple's EBITDA was $-386M, missing the average prediction of $132.79M by -390.69%. The company's net income was $-275M, missing the average estimation of $-427M by -35.53%. Apple's SG&A was $692M, missing the average forecast of $1.42B by -51.28%. Lastly, the company's EPS was $-0.42, missing the average prediction of $-1.336 by -68.56%. In terms of the last quarterly report (Dec 2023), Opendoor's revenue was $870M, beating the average analysts' forecast of $827.6M by 5.12%. The company's EBITDA was $-619M, beating the average prediction of $-39.426M by 1470.01%. Opendoor's net income was $-40M, missing the average estimation of $-164M by -75.64%. The company's SG&A was $137M, beating the average forecast of $94.54M by 44.91%. Lastly, the company's EPS was $-0.0609, missing the average prediction of $-0.237 by -74.28%