Opendoor Technologies Inc. (OPEN): A Bull Case Theory
From Yahoo Finance: 2025-05-10 13:21:00
Opendoor Technologies Inc. (OPEN) shares were trading at $0.872 on May 7th. The company reported Q1 2025 results in a challenging housing market, adapting its strategy to maintain stability and edge closer to profitability. Opendoor is shifting from a cash-offer platform to a broader selling options platform, with a focus on lean operations and financial flexibility. Looking ahead, Opendoor expects to achieve positive adjusted EBITDA for the first time in three years in Q2 2025.
Opendoor Technologies Inc. (OPEN) is not among the 30 Most Popular Stocks Among Hedge Funds, with 20 hedge fund portfolios holding OPEN at the end of Q4. While there is potential in OPEN as an investment, some AI stocks may offer greater promise for higher returns in a shorter timeframe. For investors seeking an AI stock trading at less than 5 times its earnings, there are alternative options to consider.
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