OpendoorOPEN
Market Cap: $1.33B
About: Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
Employees: 1,982
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
45% more call options, than puts
Call options by funds: $6.85M | Put options by funds: $4.73M
5% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 87
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
3.4% less ownership
Funds ownership: 61.93% [Q1] → 58.53% (-3.4%) [Q2]
4% less funds holding
Funds holding: 295 [Q1] → 283 (-12) [Q2]
23% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 53
42% less capital invested
Capital invested by funds: $1.27B [Q1] → $745M (-$529M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Deutsche Bank Benjamin Black 64% 1-year accuracy 9 / 14 met price target | 2%downside $1.85 | Hold Maintained | 6 Aug 2024 |
JMP Securities Nicholas Jones 63% 1-year accuracy 41 / 65 met price target | 72%upside $3.25 | Market Outperform Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 13 articles about OPEN published over the past 30 days