In a report released on January 5, Jake Fuller from BTIG maintained a Hold rating on Opendoor Technologies (OPEN – Research Report). The company’s shares closed last Friday at $3.63.
According to TipRanks, Fuller is a 4-star analyst with an average return of 5.6% and a 49.57% success rate. Fuller covers the Consumer Cyclical sector, focusing on stocks such as TripAdvisor, Airbnb, and Expedia.
Opendoor Technologies has an analyst consensus of Hold, with a price target consensus of $2.87.
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Based on Opendoor Technologies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $980 million and a GAAP net loss of $106 million. In comparison, last year the company earned a revenue of $3.36 billion and had a GAAP net loss of $928 million
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Opendoor Technologies (OPEN) Company Description:
Social Capital Hedosophia Holdings Corp II is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Read More on OPEN:
- Opendoor to Report Fourth Quarter 2023 Financial Results on February 15th, 2024
- Opendoor Technologies price target raised to $5 from $3.50 at JMP Securities
- Salesforce downgraded, Starbucks initiated: Wall Street’s top analyst calls
- Opendoor Technologies price target raised to $4.50 from $2.20 at Citi
- Opendoor Technologies downgraded to Neutral from Buy at BTIG
