Opendoor (OPEN) Stock Forecast, Price Target & Predictions

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OPEN Stock Forecast

Opendoor stock forecast is as follows: an average price target of $5.63 (represents a 245.40% upside from OPEN’s last price of $1.63) 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 245.40% upside from OPEN's last price of $1.63.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Apr 19, 2023	Nicholas Jones	JMP Securities	$3.00	$1.58	89.27%	84.05%
Oct 17, 2022	Michael Ng	Goldman Sachs	$2.00	$2.44	-18.20%	22.70%
Aug 24, 2022	Jake Fuller	BTIG	$9.00	$4.64	93.76%	452.15%
Jun 21, 2022	Jason Weaver	Compass Point	$8.50	$4.83	75.98%	421.47%
Mar 03, 2022	Jake Fuller	BTIG	$15.00	$7.81	92.06%	820.25%

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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 84.05% increase from OPEN last price ($1.63).

Opendoor Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$1.63	$1.63	$1.63
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 $1.63. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 14, 2024	UBS	Market Outperform	Market Outperform	Hold
May 14, 2024	JMP Securities	Underperform	Underperform	Hold
May 03, 2024	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
Dec 12, 2023	Keefe, Bruyette & Woods	-	Market Perform	Upgrade
Apr 19, 2023	JMP Securities	Market Outperform	Market Outperform	Hold
Feb 27, 2023	Oppenheimer	-	Perform	Downgrade
Sep 23, 2022	Credit Suisse	Outperform	Outperform	Hold
Aug 24, 2022	BTIG	Buy	Buy	Hold
Aug 08, 2022	JMP Securities	Market Outperform	Market Outperform	Hold
May 09, 2022	BTIG	Buy	Buy	Hold

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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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 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	$1.34B	$1.65B	$1.68B	$1.33B	$965.37M	$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	$2.56B	$2.56B	$2.57B	$2.54B	$1.52B	$1.88B	$1.90B	$1.42B	$983.10M	$1.27B	$1.47B	$1.09B	$841.45M	$1.08B	$2.08B	$3.07B	$2.85B	$2.64B	$4.19B	$4.29B	$3.17B	$2.01B	$1.09B	$620.19M	$243.94M
Low Forecast	$2.04B	$2.04B	$2.05B	$2.03B	$1.21B	$1.50B	$1.52B	$1.25B	$947.63M	$1.27B	$1.47B	$1.09B	$821.60M	$966.20M	$1.66B	$2.45B	$2.28B	$2.64B	$4.19B	$4.29B	$3.17B	$2.01B	$1.09B	$620.19M	$243.94M
# Analysts	2	2	2	2	1	1	1	4	5	4	2	2	4	9	6	4	3	7	4	3	4	7	4	4	4
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	2	2	2	2	1	1	1	4	5	4	2	2	4	9	6	4	3	7	4	3	4	7	4	4	4
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	$-106.22M	$-106.32M	$-106.94M	$-105.47M	$-63.21M	$-77.91M	$-78.97M	$-62.91M	$-45.50M	$-59.93M	$-69.21M	$287.85M	$-39.01M	$-47.69M	$-86.51M	$307.86M	$-44.95M	$-125.87M	$-199.78M	$329.26M	$-150.88M	$-95.90M	$-52.11M	$-246.58M	$-11.62M
High Forecast	$-96.15M	$-96.24M	$-96.80M	$-95.47M	$-57.22M	$-70.52M	$-71.49M	$-58.69M	$-44.66M	$-59.82M	$-69.21M	$345.42M	$-38.72M	$-45.54M	$-78.31M	$369.43M	$-35.96M	$-125.87M	$-199.78M	$395.11M	$-150.88M	$-95.90M	$-52.11M	$-197.27M	$-11.62M
Low Forecast	$-120.49M	$-120.61M	$-121.31M	$-119.64M	$-71.71M	$-88.38M	$-89.58M	$-67.14M	$-46.34M	$-60.05M	$-69.21M	$230.28M	$-39.66M	$-51.08M	$-98.14M	$246.29M	$-53.94M	$-125.87M	$-199.78M	$263.41M	$-150.88M	$-95.90M	$-52.11M	$-295.90M	$-11.62M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	15.87%	1.66%	0.79%	-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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	2	2	2	2	1	1	1	4	5	4	2	2	4	9	6	4	3	7	4	3	4	7	4	4	4
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	$-98.75M	$-42.32M	$-28.21M	$-77.59M	$-110.29M	$-75.40M	$-63.02M	$-80.05M	$-117.03M	$-128.92M	$-101.82M	$69.48M	$-167.02M	$-141.02M	$-201.42M	$74.31M	$-89.85M	$-342.09M	$22.76M	$79.48M	$-125.99M	$-116.74M	$-232.91M	$-270.44M	$-49.93M
High Forecast	$-86.58M	$-37.11M	$-24.74M	$-68.03M	$-96.70M	$-66.11M	$-55.25M	$-50.03M	$-63.01M	$-113.03M	$-89.27M	$83.38M	$-148.46M	$-84.61M	$-176.60M	$89.17M	$-71.88M	$-342.09M	$22.76M	$95.37M	$-125.99M	$-116.74M	$-232.91M	$-216.35M	$-49.93M
Low Forecast	$-116.00M	$-49.71M	$-33.14M	$-91.15M	$-129.55M	$-88.57M	$-74.03M	$-120.07M	$-171.04M	$-151.44M	$-119.61M	$55.58M	$-176.30M	$-188.02M	$-236.61M	$59.45M	$-107.82M	$-342.09M	$22.76M	$63.58M	$-125.99M	$-116.74M	$-232.91M	$-324.52M	$-49.93M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.24%	0.75%	-0.11%	-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 $-141.02M, with a range of $-188.02M to $-84.61M. OPEN's average Quarter net income forecast represents a -713.11% decrease compared to the company's last Quarter net income of $23.00M (Jun 23).

Opendoor SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	2	2	2	2	1	1	1	4	5	4	2	2	4	9	6	4	3	7	4	3	4	7	4	4	4
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	$153.20M	$188.82M	$191.40M	$152.48M	$110.28M	$145.26M	$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	$292.03M	$292.30M	$294.02M	$289.96M	$173.79M	$214.20M	$217.12M	$162.71M	$112.30M	$145.53M	$167.74M	$1.12B	$96.12M	$123.80M	$237.85M	$1.20B	$193.18M	$301.82M	$479.05M	$1.28B	$361.79M	$229.96M	$124.96M	$349.38M	$27.87M
Low Forecast	$233.03M	$233.25M	$234.62M	$231.38M	$138.68M	$170.92M	$173.25M	$142.25M	$108.25M	$144.98M	$167.74M	$748.41M	$93.85M	$110.37M	$189.80M	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	2	2	2	2	1	1	1	4	5	4	2	2	4	9	6	4	3	7	4	3	4	7	4	4	4
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	$-0.14	$-0.06	$-0.04	$-0.11	$-0.16	$-0.11	$-0.09	$-0.11	$-0.17	$-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	$-0.05	$-0.04	$-0.10	$-0.14	$-0.09	$-0.08	$-0.07	$-0.09	$-0.16	$-0.13	$-0.18	$-0.21	$-0.12	$-0.25	$-0.54	$-0.71	$-0.49	$0.03	$-0.17	$-0.18	$-0.17	$-0.34	$-0.48	$-0.07
Low Forecast	$-0.16	$-0.07	$-0.05	$-0.13	$-0.18	$-0.13	$-0.10	$-0.17	$-0.24	$-0.21	$-0.17	$-0.25	$-0.25	$-0.27	$-0.34	$-0.72	$-0.96	$-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WE	WeWork	$0.84	$16.00K	1904661.90%	Buy
OPAD	Offerpad Solutions	$3.58	$654.35	18177.93%	Buy
OPEN	Opendoor	$1.63	$5.63	245.40%	Buy
HOUS	Anywhere Real Estate	$4.20	$8.50	102.38%	Sell
RMAX	RE/MAX	$11.29	$16.67	47.65%	Buy
RDFN	Redfin	$7.97	$10.25	28.61%	Hold
BEKE	KE	$20.23	$24.32	20.22%	Buy
EXPI	eXp World	$12.84	$13.50	5.14%	Buy

OPEN Forecast FAQ

Is Opendoor a good buy?

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.

What is OPEN's price target?

Opendoor (OPEN) average price target is $5.63 with a range of $2 to $9, implying a 245.40% from its last price of $1.63. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Opendoor stock go up soon?

According to Wall Street analysts' prediction for OPEN stock, the company can go up by 245.40% (from the last price of $1.63 to the average price target of $5.63), up by 452.15% based on the highest stock price target, and up by 22.70% based on the lowest stock price target.

Can Opendoor stock reach $2?

OPEN's average twelve months analyst stock price target of $5.63 supports the claim that Opendoor can reach $2 in the near future.

What are Opendoor's analysts' financial forecasts?

Opendoor's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6B (high $6.72B, low $5.47B), average EBITDA is $-283M (high $-258M, low $-317M), average net income is $-329M (high $-268M, low $-412M), average SG&A $685.9M (high $767.82M, low $625.1M), and average EPS is $-0.466 (high $-0.38, low $-0.584). OPEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.02B (high $10.23B, low $8.16B), average EBITDA is $-425M (high $-385M, low $-482M), average net income is $-247M (high $-216M, low $-290M), average SG&A $1.03B (high $1.17B, low $932.28M), and average EPS is $-0.35 (high $-0.307, low $-0.411).

Did the OPEN's actual financial results beat the analysts' financial forecasts?

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 $134.65M by -386.67%. The company's net income was $-275M, missing the average estimation of $-435M by -36.80%. 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 $-39.008M by 1486.87%. Opendoor's net income was $-40M, missing the average estimation of $-167M by -76.05%. 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%