Opendoor Technologies Inc. operates a digital platform for residential real estate that enables consumers to buy and sell their home. Home sellers can use the Company's mobile application or Website to request a competitive cash offer online. Home buyers can likewise utilize its app or Website to self-tour or virtually tour homes at their convenience, shop for financing, submit an offer and close on their timeline. It acquires homes directly from individual sellers and resell those homes to buyers, including both individual consumers and institutional investors. Upon acquiring a home, it typically makes necessary renovations and repairs before listing it for sale on its Website, its mobile app, Multiple Listing Services (MLS) and other online real estate portals. It also offers adjacent services, including title and escrow, Opendoor Home Loans, List with Opendoor and Buy with Opendoor.
Based on 4 Wall Street analysts offering 12 month price targets for Opendoor Technologies in the last 3 months. The average price target is $28.00 with a high forecast of $42.00 and a low forecast of $17.00. The average price target represents a 97.60% change from the last price of $14.17.
