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Wall Street sets Opendoor Technologies' stock price for the next 12 months
Finbold· 2025-08-23 09:18
Core Viewpoint - The share price of Opendoor Technologies (NASDAQ: OPEN) has experienced significant gains recently, but analysts on Wall Street are predicting a potential steep decline in the near future due to various challenges facing the company [1][5]. Group 1: Stock Performance - Opendoor's stock surged 39% on a recent trading day, closing at $5.01, with a weekly gain of over 51% and a year-to-date increase of 215% [1][3]. - The stock's rise has been attributed to a leadership change, a focus on artificial intelligence, and increased interest from retail investors [1][3]. Group 2: Analyst Sentiment - Wall Street analysts have a bearish outlook on Opendoor, with an average 12-month price target of $1.02, indicating nearly 80% downside from current levels [5]. - Among seven analysts, four rated the stock as 'Sell', two as 'Hold', and only one as 'Buy', leading to a consensus rating of 'Moderate Sell' [5]. Group 3: Company Challenges - Analyst Ryan Tomasello from Keefe, Bruyette & Woods downgraded Opendoor from 'Market Perform' to 'Underperform', citing widening losses, weaker-than-expected guidance, and strategic uncertainty [7]. - Q2 revenue rose 4% year-over-year to $1.567 billion, but contribution profit missed estimates, and Q3 revenue guidance of $800 to $875 million fell short of expectations [7]. - Citi analyst Ygal Arounian reduced Opendoor's price target from $1.40 to $0.80, highlighting pressures in the housing market, operational challenges, and a heavy debt load of $2.3 billion [8].
RE/MAX Survives By Doing The Right Things, Share Buybacks Could Be Next
Seeking Alpha· 2025-08-22 14:55
Core Insights - The article discusses the merits of RE/MAX (RMAX) as a traditional player in the real estate market, emphasizing its continued relevance and value [1]. Company Overview - RE/MAX is highlighted for its established position in the real estate sector, suggesting that it still holds potential for investors despite being a traditional player [1]. Analyst Background - The author has over 10 years of experience in communications and has worked for various economic institutions, indicating a strong foundation for analyzing the real estate market [1].
Why Is Everyone Talking About Opendoor Stock?
The Motley Fool· 2025-08-22 10:15
The stock has become a favorite among retail investors. The company's management team is prudently taking a more cautious approach to the housing market in 2025. *Stock prices used were the afternoon prices of Aug. 19, 2025. The video was published on Aug. 21, 2025. ...
Why Opendoor Technologies Stock Is Skyrocketing Today
The Motley Fool· 2025-08-21 18:13
With big gains today, Opendoor stock is now up more than 370% over the last three months. The NAR published its real estate report for July this morning, and its data is being interpreted as a bullish sign for Opendoor. The organization's data showed that sales of previously owned homes rose 2% on a sequential monthly basis to a seasonally adjusted annual rate of 4.01 million -- a development that bodes well for engagement on the company's platform. Existing home sales were up 0.8% year over year, and the m ...
REMAX NATIONAL HOUSING REPORT FOR JULY 2025
Prnewswire· 2025-08-20 20:14
Core Insights - U.S. home sales experienced a slight decline of 0.7% in July compared to June, but showed a year-over-year increase of 0.6% compared to July 2024, with homes taking longer to sell, averaging 44 days on the market, up from 37 days a year ago [1][14][15] Sales and Pricing Trends - The median sales price in July was $450,000, reflecting a decrease of 1.1% from June but an increase of 2.3% year-over-year [2][10] - The average close-to-list price ratio was 99%, consistent with June 2025 but down from 100% in July 2024, indicating homes sold for slightly less than the asking price [12] Inventory Dynamics - Active inventory rose by 27.7% year-over-year, although there was a slight month-over-month decline of 0.8% [2][3][17] - The months' supply of inventory increased to 2.8 months, up from 2.2 months in July 2024, indicating a more balanced market [7][17] New Listings - New listings were up 4.4% year-over-year but down 2.5% from June 2025, with notable increases in Houston, Burlington, and Raleigh [5][6] - The markets with the largest year-over-year increases in new listings included Houston, TX (+43.0%), Burlington, VT (+22.6%), and Raleigh, NC (+20.9%) [5][6] Closed Transactions - Overall closed transactions were up 0.6% compared to July 2024 but down 0.7% from June 2025, with Raleigh, NC showing the highest increase in sales at +19.5% [8][9] - The markets with the largest year-over-year decreases in closed transactions included Dover, DE (-10.9%) and San Antonio, TX (-10.3%) [8][9] Market Insights - The housing market is adjusting seasonally, with longer selling times but stable inventory and prices, indicating resilience and opportunities for buyers and sellers [3][4] - Local expertise is emphasized as critical for navigating pricing and strategy in a normalizing market [3][4]
Fathom to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-20 12:30
CARY, N.C., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, will participate in the 2025 Gateway Conference, which is being held September 3-4, at the Four Seasons Hotel in San Francisco, CA. Fathom CEO Marco Fregenal is scheduled to present on Thursday, September 4, at 10:00 am Pacific Tim ...
X @Bloomberg
Bloomberg· 2025-08-19 09:05
Shares of IWG plunged the most in three years after the flexible-office landlord said earnings for the full financial year would likely be at the lower end of its guidance because of investments https://t.co/2u8jxraS3a ...
Equator Expands Customer Network with Leading Real Estate and Mortgage Companies
Globenewswire· 2025-08-18 14:00
Leading firms choose Equator to leverage advanced automation and customizable workflows for more efficient property lifecycle management LUXEMBOURG, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Equator, an Altisource (NASDAQ: ASPS) business and a leading SaaS platform for real estate transaction management, today announced the addition of four prominent organizations to its growing list of customers, including Renovo Financial (RF Mortgage Services Corporation) and HGF Management. These companies join a robust network ...
Families Target Top-Rated School Districts This Moving Season--But at a Price
Prnewswire· 2025-08-14 10:00
| | | | | Median | Premium | Premium | | Pupil/ | School | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Metro | Most Popular | District | Median | Listing Price, | vs. | vs. | Locale | Teacher | Walkability | | | School District | Rating | Listing Price | Surrounding | Surrounding | Surrounding | | Ratio | Score | | | | | | Metro | Metros (%) | Metros ($) | | | (out of 10) | | Atlanta-Sandy Springs-Roswell, | Fayette County | 8 | $597,617 | $420,282 | 42.2 % | $177,335 | Suburb: Large 13. ...
X @外汇交易员
外汇交易员· 2025-08-14 09:17
链家网上海区域的二手房成交价已经隐藏,平台成交信息“暂无价格”。此前北京、深圳、杭州的链家成交价也已经隐藏。(看看新闻) ...