Analyst Expectations for Opendoor Technologies's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have consistently rated Opendoor Technologies (NASDAQ:OPEN) as 'Indifferent' with no bullish or bearish ratings. The average 12-month price target for OPEN is $2.69, which is a 31.9% decrease from the previous target of $3.95. This suggests a neutral to negative outlook for the stock in the short term.
November 21, 2023 | 6:00 pm
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NEGATIVE IMPACT
Analysts have given Opendoor Technologies a neutral rating with an average price target of $2.69, indicating a potential downside from the previous target of $3.95.
The unanimous 'Indifferent' rating from analysts, combined with a significant decrease in the average price target, suggests that there may be underlying concerns about Opendoor Technologies' future performance. This could lead to bearish sentiment among investors in the short term, potentially impacting the stock price negatively.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100