Opendoor Technologies (OPEN) Faces Valuation and Execution Risks, Driving BTIG’s Cautious Stance

Opendoor Technologies Inc. (NASDAQ:OPEN) is among the hottest SMID-cap stocks so far in 2025. On November 10, BTIG’s Jake Fuller maintained a Hold rating on the company’s stock without assigning a price target. His rating was driven by the company’s new management’s updated strategy, which outlined a renewed push to accelerate home purchases and expand margins. While Fuller thinks a renewed focus has “struck a chord” with investors, he emphasized that the margin of error is very narrow, and that management ...