Streetbeat News

OPEN

Opendoor Technologies Inc.

https://www.opendoor.com

Industry

Real Estate - Services

Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

Open

1.76

Mkt cap

1.2B

Volume

32M

High

1.77

P/E Ratio

-3.07

52-wk high

4.89

Low

1.65

Div yield

N/A

52-wk low

1.58

Several US stocks traded lower in Monday's pre-market session. Lifezone Metals Limited (LZM) shares fell 12% after reporting H1 loss of $16.77 per share. American Oncology Network (AONC) shares fell 8.5%, NIO Inc. (NIO) shares fell 7% after closing a US$1 billion convertible senior notes offering, Li Auto Inc. (LI) shares declined 6.6%, Opendoor Technologies (OPEN) shares declined 5.5%, Beneficient (BENF) shares fell 4.8%, Sabre Corporation (SABR) shares declined 4.7%, and POSCO Holdings Inc. (PKX) shares fell 4.7%.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 11:24 am

The article reports on the stock movements in Thursday's mid-day session. Notable gainers include MSP Recovery, Near Intelligence, Murphy Canyon Acquisition, TradeUP Acquisition, Neptune Wellness, Inspire Veterinary Partners, Splunk, Solowin Holdings, AgriFORCE Growing Systems, Movella Holdings, Safe & Green Holdings, The Dixie Group, Calliditas Therapeutics, Applied Molecular Transport, Ainos, and Exscientia. Notable losers include Travere Therapeutics, Seelos Therapeutics, QuantaSing Group, Cazoo Group, Cheche Group, Comera Life Sciences, Mondee Holdings, TKO Group Holdings, Opendoor Technologies, TransCode Therapeutics, LanzaTech Global, WM Technology, CF Acquisition, WW International, ZipRecruiter, 36Kr Holdings, Evotec, Avinger, fuboTV, Affirm Holdings, Charles River Laboratories, Elutia, and Broadcom.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 5:16 pm

Jim Cramer, host of CNBC's 'Mad Money Lightning Round', expressed his views on several stocks. He mentioned that Opendoor Technologies is not making any money and he can't support it. He noted that money is moving from NextEra Energy to Constellation Energy Corp, but he expects this to reverse. He commented that CVS Health Corporation is fine but not great due to shrinkage and pilferage. He also mentioned that ChargePoint Holdings is losing too much money and he doesn't want to touch it. Lastly, he expressed his disinterest in Controladora Vuela Compañía de Aviación due to its big run and the retreat of most airlines.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 12:24 pm

Opendoor Technologies' shares are trading lower after Credit Suisse maintained an Outperform rating on the stock but lowered its price target from $8 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:39 pm

Analysts have provided ratings for Opendoor Technologies (NASDAQ:OPEN) in the last quarter, with 3 somewhat bullish and 2 indifferent. The average price target is $5.05, implying an upside from the current price of $3.38. This average has increased by 2.64% from the previous average price target of $4.92.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:00 pm

Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Opendoor Technologies (NASDAQ:OPEN) but lowered the price target from $8 to $7.

Portfolio Pulse from richadhand@benzinga.com

August 07, 2023 | 12:00 pm

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Missfresh Limited, United States Cellular Corporation, and Tupperware Brands Corporation, while the losers included Mesoblast Limited, Assertio Holdings, Inc., and INVO Bioscience, Inc. ResMed Inc. shares fell by 15.3% due to worse-than-expected fourth-quarter adjusted EPS results.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 4:55 pm

Opendoor Technologies has issued Q3 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:21 pm

Several stocks experienced significant pre-market trading movements. Tupperware Brands Corporation (TUP) surged 53.3% after announcing a debt restructuring agreement. Missfresh Limited (MF) rose 39.2% after announcing share purchase agreements for financing and business acquisition. BigCommerce Holdings, Inc. (BIGC) rose 20.2% following better-than-expected quarterly results. Amazon.com, Inc. (AMZN) rose 8.5% after reporting upbeat Q2 results and strong guidance. On the other hand, Assertio Holdings, Inc. (ASRT) fell 43.9% after reporting Q2 results and updates related to the acquisition of Spectrum Pharmaceuticals, Inc.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 3:16 pm

Several US-listed companies including Apple, Fortinet, Microchip Technology, and others are experiencing a decline in their stock prices in Friday's pre-market session. This is due to various reasons such as weak sales outlook, downbeat quarterly results, and weak guidance.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 3:02 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.