Opendoor (OPEN) Stock Forecast, Price Target & Predictions
OPEN Stock Forecast
Opendoor stock forecast is as follows: an average price target of $5.63 (represents a 148.02% upside from OPEN’s last price of $2.27) 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 148.02% upside from OPEN's last price of $2.27.
OPEN Analyst Ratings
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% | 32.16% |
| Oct 17, 2022 | Michael Ng | Goldman Sachs | $2.00 | $2.44 | -18.20% | -11.89% |
| Aug 24, 2022 | Jake Fuller | BTIG | $9.00 | $4.64 | 93.76% | 296.48% |
| Jun 21, 2022 | Jason Weaver | Compass Point | $8.50 | $4.83 | 75.98% | 274.45% |
| Mar 03, 2022 | Jake Fuller | BTIG | $15.00 | $7.81 | 92.06% | 560.79% |
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 32.16% increase from OPEN last price ($2.27).
Opendoor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.27 | $2.27 | $2.27 |
| 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 $2.27. 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 |
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 | Jul 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 | - | $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 | $2.35B | $2.36B | $2.37B | $2.34B | $2.08B | $2.30B | $2.10B | $1.63B | $1.25B | $1.32B | $1.53B | $1.14B | $841.45M | $1.08B | $1.92B | $2.83B | $2.63B | $2.76B | $4.19B | $4.57B | $3.37B | $2.14B | $1.17B | $660.66M | $259.86M |
| Low Forecast | $2.19B | $2.19B | $2.20B | $2.17B | $1.93B | $2.14B | $1.95B | $1.51B | $1.16B | $1.26B | $1.43B | $1.06B | $821.60M | $966.20M | $1.78B | $2.63B | $2.44B | $2.56B | $4.19B | $3.98B | $2.94B | $1.87B | $1.01B | $575.33M | $226.30M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.97% | 1.08% | 1.15% | 1.14% | 1.27% | - | 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 $1.06B, and a high forecast of $1.14B. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-619.00M | $-79.00M | $-68.00M | $-81.00M | $-184.00M | $-789.00M | - | $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 | $-119.74M | $-1.95M | $-199.78M | $329.26M | $-40.87M | $-1.54M | $-169.26M | $-246.58M | $-11.62M |
| High Forecast | $-104.20M | $-104.29M | $-104.91M | $-103.46M | $-92.16M | $-101.96M | $-93.00M | $-71.99M | $-55.49M | $-59.87M | $-67.89M | $345.42M | $-39.14M | $-46.03M | $-84.87M | $369.43M | $-116.21M | $-1.56M | $-199.78M | $395.11M | $-32.69M | $-1.23M | $-135.41M | $-197.27M | $-10.78M |
| Low Forecast | $-112.13M | $-112.23M | $-112.89M | $-111.33M | $-99.17M | $-109.72M | $-100.08M | $-77.47M | $-59.71M | $-62.74M | $-73.06M | $230.28M | $-40.09M | $-51.63M | $-91.32M | $246.29M | $-125.06M | $-2.34M | $-199.78M | $263.41M | $-49.04M | $-1.85M | $-203.11M | $-295.90M | $-12.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 15.70% | 1.64% | 0.78% | -0.26% | 1.54% | 405.08% | - | 0.35% | 2.34% | 0.78% | 0.71% | 1.00% | 5.88% |
5 analysts predict OPEN's average Quarter EBITDA for Jul 22 to be $-199.78M, with a high of $-199.78M and a low of $-199.78M. This is -272.23% lower than Opendoor's previous annual EBITDA (Mar 22) of $116.00M.
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-40.00M | $-106.00M | $23.00M | $-152.00M | $-604.00M | $-928.00M | - | $-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 | $-563.93M | $-91.84M | $22.40M | $79.48M | $-81.68M | $-72.60M | $-203.38M | $-270.44M | $-48.43M |
| High Forecast | $-81.15M | $-47.01M | $-46.16M | $-79.32M | $-111.15M | $-92.41M | $-85.50M | $-98.28M | $-121.62M | $-108.64M | $-96.26M | $83.38M | $-145.96M | $-83.18M | $-190.43M | $89.17M | $-542.32M | $-73.47M | $22.40M | $95.37M | $-65.34M | $-58.08M | $-162.71M | $-216.35M | $-43.88M |
| Low Forecast | $-89.25M | $-51.70M | $-50.77M | $-87.24M | $-122.25M | $-101.64M | $-94.04M | $-108.09M | $-133.77M | $-162.95M | $-105.88M | $55.58M | $-173.32M | $-184.84M | $-209.45M | $59.45M | $-596.47M | $-110.21M | $22.40M | $63.58M | $-98.02M | $-87.12M | $-244.06M | $-324.52M | $-52.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.24% | 0.76% | -0.12% | -2.05% | 1.07% | 10.10% | - | -0.78% | 2.34% | 0.78% | 0.71% | 1.00% | 1.81% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $137.00M | $133.00M | $168.00M | $254.00M | $217.00M | $345.00M | - | $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 | $287.13M | $393.75M | $479.05M | $1.07B | $146.35M | $311.27M | $406.09M | $291.15M | $27.87M |
| High Forecast | $268.86M | $269.12M | $270.69M | $266.96M | $237.81M | $263.10M | $239.98M | $185.75M | $143.18M | $150.45M | $175.18M | $1.12B | $96.12M | $123.80M | $218.98M | $1.20B | $299.88M | $472.50M | $479.05M | $1.28B | $175.62M | $373.52M | $487.31M | $349.38M | $29.68M |
| Low Forecast | $249.85M | $250.08M | $251.55M | $248.08M | $220.99M | $244.50M | $223.01M | $172.61M | $133.05M | $143.56M | $162.79M | $748.41M | $93.85M | $110.37M | $203.50M | $800.43M | $278.67M | $315.00M | $479.05M | $856.08M | $117.08M | $249.01M | $324.87M | $232.92M | $25.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.45% | 1.15% | 0.80% | 0.25% | 0.76% | 0.88% | - | 0.35% | 2.34% | 0.78% | 0.71% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.06 | $-0.16 | $0.04 | $-0.24 | $-0.95 | $-1.47 | - | $-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 | $-0.11 | $-0.16 | $-0.13 | $-0.12 | $-0.14 | $-0.18 | $-0.16 | $-0.14 | $-0.20 | $-0.21 | $-0.12 | $-0.27 | $-0.59 | $-0.78 | $-0.47 | $0.03 | $-0.16 | $-0.16 | $-0.15 | $-0.30 | $-0.44 | $-0.07 |
| Low Forecast | $-0.13 | $-0.07 | $-0.07 | $-0.13 | $-0.18 | $-0.15 | $-0.14 | $-0.16 | $-0.19 | $-0.23 | $-0.15 | $-0.22 | $-0.25 | $-0.27 | $-0.30 | $-0.65 | $-0.86 | $-0.52 | $0.03 | $-0.19 | $-0.20 | $-0.18 | $-0.36 | $-0.52 | $-0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.26% | 0.80% | -0.12% | 0.39% | 1.17% | 2.98% | - | 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 | $4.33 | $654.35 | 15012.01% | Buy |
| DOMA | Doma | $6.13 | $921.88 | 14938.83% | Hold |
| OPEN | Opendoor | $2.27 | $5.63 | 148.02% | Buy |
| BEKE | KE | $13.39 | $23.58 | 76.10% | Buy |
| HOUS | Anywhere Real Estate | $5.46 | $8.50 | 55.68% | Sell |
| RMAX | RE/MAX | $12.91 | $16.67 | 29.12% | Buy |
| EXPI | eXp World | $14.28 | $13.50 | -5.46% | Buy |
| RDFN | Redfin | $14.45 | $12.61 | -12.73% | Hold |
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 148.02% from its last price of $2.27. 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 148.02% (from the last price of $2.27 to the average price target of $5.63), up by 296.48% based on the highest stock price target, and down by -11.89% based on the lowest stock price target.
Can Opendoor stock reach $3?
OPEN's average twelve months analyst stock price target of $5.63 supports the claim that Opendoor can reach $3 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 $7.77B (high $8.11B, low $7.54B), average EBITDA is $-370M (high $-359M, low $-386M), average net income is $-403M (high $-387M, low $-426M), average SG&A $887.26M (high $926.64M, low $861.11M), and average EPS is $-0.581 (high $-0.559, low $-0.614). OPEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.02B (high $9.42B, low $8.75B), average EBITDA is $-430M (high $-417M, low $-449M), average net income is $-264M (high $-254M, low $-279M), average SG&A $1.03B (high $1.08B, low $999.56M), and average EPS is $-0.38 (high $-0.366, low $-0.402).
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 $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%