Opendoor Technologies Inc. ($OPEN) Stock Forecast: Up 10.0% Today

What is Opendoor Technologies Inc.?

Opendoor Technologies Inc. (NASDAQ: OPEN) is a San Francisco-based real estate technology company that aims to simplify the process of buying and selling homes through its online platform.

Why is Opendoor Technologies Inc. going up?

OPEN stock is up 10.0% on Aug 5, 2025 13:50

• Following regular trading hours, Opendoor's stock rose by 4.47%, reflecting favorable market sentiment and investor interest.
• Speculation regarding Opendoor's potential as the next Carvana, alongside anticipated benefits from lower interest rates and the digitalization of the real estate sector, may have influenced the positive movement.
• Opendoor's choice to cancel a shareholder vote on a reverse stock split, aiming to comply with Nasdaq's regulations, likely bolstered investor trust and propelled the stock price upward.
• Anticipation surrounding the upcoming Q2 financial results announcement may have further excited investors, contributing to the positive momentum in Opendoor's stock.

OPEN Price Chart

OPEN Technical Analysis

OPEN News

Opendoor Stock Pops 4.5% After-Hours Ahead Of Q2 Earnings - iShares U.S. Real Estate ETF ( ARCA:IYR ) , Opendoor Technologies ( NASDAQ:OPEN )

Opendoor Technologies Inc. OPEN experienced a 4.47% surge in after-hours trading on Monday. Check out the current price of OPEN stock here. What Happened: The stock of the San Francisco-based real estate technology company rose to $2.57 during after-hours trading on Monday.

https://www.benzinga.com/markets/equities/25/08/46847856/opendoor-stock-pops-4-5-after-hours-ahead-of-q2-earnings

Is Opendoor Technologies the Next Carvana?

Opendoor Technologies presents a compelling, albeit speculative, investment case. The company may benefit from lower interest rates, the continued digitization of the real estate market, and high short interest.

https://www.zacks.com/commentary/2663981/is-opendoor-technologies-the-next-carvana

Opendoor Q2 Preview: Newly Minted Meme Stock Tries To Win New Investors With Results, Turnaround Efforts - Opendoor Technologies ( NASDAQ:OPEN )

Opendoor has been highly volatile and linked to the meme stocks of 2025. The company reports Q2 financial results Tuesday, Aug. 5. The next correction is closer than you think. Find out how Tom Gentile plans to trade it, live on Wednesday.

https://www.benzinga.com/trading-ideas/previews/25/08/46836902/opendoor-q2-preview-newly-minted-meme-stock-tries-to-win-new-investors-with-results-turnar

Opendoor Stock Soars As It Dodges Delisting, Cancels Reverse Split - Opendoor Technologies ( NASDAQ:OPEN )

Opendoor stock rallies Monday after the company canceled a shareholder vote on a reverse stock split. The company announces it has regained compliance with Nasdaq's minimum bid price requirement. Get special access to three exclusive "Top 10 Stocks" power lists today, updated daily.

https://www.benzinga.com/trading-ideas/movers/25/08/46828467/opendoor-stock-soars-as-it-dodges-delisting-cancels-reverse-split

4 Meme Stocks: Is the Rally Already Over?

Tracey Ryniec looks at 4 stocks with big swings in the last month.

https://www.zacks.com/stock/news/2644789/4-meme-stocks-is-the-rally-already-over

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Opendoor Technologies Inc. Price History

30.06.2025 - OPEN Stock was down 5.2%

• Despite fluctuations, OPEN stock faced significant bearish movement in the market.
• Investor reassurance from hedge fund manager Eric Jackson might not have fully countered prevailing market sentiments.
• After-hours trading surge followed by subsequent bearish movement highlights market volatility and uncertainty.
• Reference to a heightened "fear of missing out" sentiments driving meme stock rallies could potentially contribute to negative impacts on OPEN's stock price.

18.06.2025 - OPEN Stock was up 20.4%

• Opendoor's stock experienced a strong bullish movement today, continuing its rally on heavy trading volume.
• Analysts and investors are optimistic about Opendoor's future potential, with some suggesting it could be a significant growth opportunity, potentially a "100-bagger" in the coming years.
• The renewed interest from activists and retail investors, as well as positive sentiment surrounding the company, have contributed to the surge in Opendoor's stock price.
• Opendoor's performance has outpaced other notable companies like Nvidia and Carvana, indicating a strong market sentiment towards the company's growth prospects.

04.07.2025 - OPEN Stock was up 10.7%

• The stock of Opendoor experienced significant upward momentum today.
• An event regarding the cancellation of a shareholder vote on a reverse stock split and the company's compliance with Nasdaq's minimum bid price may have positively influenced investor trust.
• Anticipation surrounding the forthcoming Q2 financial results may have also contributed to the optimistic outlook on the stock.
• Discussions linking Opendoor to other notable stocks and the accompanying market fluctuations could have enticed speculative trading interest, further propelling the stock's surge.

04.07.2025 - OPEN Stock was up 8.7%

• Following the cancellation of a shareholder vote on a reverse stock split, Opendoor saw a significant bullish trend in its stock.
• Hedge fund manager Eric Jackson's advice to investors to remain invested during the stock's volatility could have impacted the positive direction.
• The positive developments related to compliance requirements and avoidance of delisting likely boosted investor confidence, prompting a rise in OPEN stock price.

22.06.2025 - OPEN Stock was down 21.9%

• Opendoor Technologies (OPEN) encountered a significant bearish movement today following a recent period of bullish activity.
• Speculation suggests that the rise in meme stock trading and social media attention may have created an inflated value in OPEN stock, leading to a sharp decline.
• Market concerns stemming from the news of tariffs impacting GM's finances by $1.1B likely influenced profit-taking in high-growth stocks like OPEN.
• It is believed that investors embracing the "100-Bagger" strategy may have fueled the initial uptrend, while profit-taking and overall market caution potentially prompted the stock's downturn today.

17.06.2025 - OPEN Stock was up 20.1%

• Opendoor Technologies Inc. (OPEN) experienced a strong bullish movement today, with shares surging by 43.27%.
• The surge in OPEN's stock price can be attributed to renewed interest from activists and retail investors, as well as positive sentiment surrounding the company's future prospects.
• The unexpected comeback of a well-known individual's former SPACs, including OPEN, has also contributed to the bullish momentum.
• Despite concerns raised about potential downside risks for real estate stocks like OPEN, the current market sentiment seems to be overwhelmingly positive, driving the stock to significant gains.

25.06.2025 - OPEN Stock was down 10.9%

• A surge in Opendoor's stock price after hours possibly triggered profit-taking among traders, leading to a bearish trend in regular trading hours.
• Speculative trading driven by mentions of "growing FOMO" and meme stock rallies may have contributed to the stock's instability.
• The sharp upward movement in OPEN stock, as evidenced on the chart, might have created an overbought scenario, prompting a price correction.
• Recommendations to maintain core positions for the long term from Eric Jackson may not have aligned with the strategies of short-term traders, resulting in selling pressure and a downward market trend.

22.06.2025 - OPEN Stock was down 26.1%

• The stock of Opendoor Technologies (OPEN) had a strong bearish movement today.
• Despite recent rallies and surges in stock price, observations suggest that shares are overbought and close to resistance levels, potentially signaling a reversal in the stock's price.
• The meme stock frenzy surrounding OPEN might have contributed to extreme volatility, with investors potentially taking profits after significant gains.
• Recommendations to hold core positions for the long term could denote that some investors are adopting a more cautious approach amidst the stock's rapid fluctuations.

22.06.2025 - OPEN Stock was up 6.4%

• Opendoor's stock experienced a substantial bullish movement today, with shares tripling in one week and an 8.10% increase in after-hours trading.
• The surge in Opendoor's stock price is linked to significant mentions on WallStreetBets, reminiscent of past market frenzies, and a viral social media post that piqued investor interest.
• Concerns about the stock nearing overbought levels and resistance points have been raised, yet optimism persists, with some analysts foreseeing notable growth opportunities ahead.
• While technical analysis signals potential overbuying, suggesting a possible shift in trends, current positive momentum and investor enthusiasm are fueling the stock's upward trajectory.

05.07.2025 - OPEN Stock was up 10.0%

• Following regular trading hours, Opendoor's stock rose by 4.47%, reflecting favorable market sentiment and investor interest.
• Speculation regarding Opendoor's potential as the next Carvana, alongside anticipated benefits from lower interest rates and the digitalization of the real estate sector, may have influenced the positive movement.
• Opendoor's choice to cancel a shareholder vote on a reverse stock split, aiming to comply with Nasdaq's regulations, likely bolstered investor trust and propelled the stock price upward.
• Anticipation surrounding the upcoming Q2 financial results announcement may have further excited investors, contributing to the positive momentum in Opendoor's stock.

21.06.2025 - OPEN Stock was up 5.1%

• Opendoor's stock experienced a significant surge possibly propelled by positive sentiment from investors and analysts.
• Discussions surrounding Opendoor's potential exponential growth in the future, as suggested by certain experts, could have bolstered investor confidence.
• The resurgence of Chamath Palihapitiya's former SPACs, including Opendoor Technologies, may have influenced the upward trend as investors pursue high-growth prospects.
• Interest from activist investors and enthusiasm from retail investors were additional factors in the stock's notable rally, with shares seeing a substantial increase over the past week and month.

31.06.2025 - OPEN Stock was down 11.8%

• OPEN stock witnessed a significant downward movement.
• Despite calls from hedge fund manager Eric Jackson to remain invested and stabilize prices, the bearish trend persisted.
• Following a surge in after-hours trading and a brief recovery in meme stocks driven by FOMO, OPEN's bullish momentum was short-lived, leading to the downward movement.
• Amidst the ongoing uncertainty and erratic behavior in meme stock trading, profit-taking by investors likely contributed to today's bearish performance of OPEN.