Digital platform for home buying and selling
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Jim Cramer on Opendoor Technologies: “I’m Not a Believer Until It Makes Money”
Yahoo Finance· 2025-11-24 13:40
Core Viewpoint - Opendoor Technologies Inc. (NASDAQ:OPEN) is currently viewed as a high-risk investment due to its lack of profitability, with skepticism expressed by financial analysts regarding its valuation and market behavior [1]. Company Overview - Opendoor operates a digital platform that facilitates the buying and selling of homes directly, allowing users to list their properties or connect with potential buyers through its marketplace [1]. Analyst Commentary - Jim Cramer highlighted that Opendoor is perceived as a "meme stock," indicating concerns about market manipulation and the company's financial performance. He emphasized that he would not invest until the company demonstrates profitability [1]. - The departure of the CEO was noted, with Cramer describing him as a "straight shooter," but the circumstances surrounding his exit remain unclear [1]. Investment Perspective - While there is potential for Opendoor as an investment, analysts suggest that other AI stocks may present better upside potential with lower downside risk [1].
Opendoor Technologies (NASDAQ:OPEN) Faces Market Challenges Amidst Investor Interest
Financial Modeling Prep· 2025-10-20 18:10
Core Viewpoint - Opendoor Technologies is a significant player in the U.S. real estate direct buying market, simplifying transactions through a digital platform while facing competition from traditional firms and tech-driven companies [1] Company Performance - As of October 20, 2025, Morgan Stanley set a price target of $6 for Opendoor, indicating a potential decrease of about 16.20% from the current stock price of $7.16, primarily due to elevated interest rates affecting the real estate market [2] - Opendoor's stock is currently priced at $7.36, reflecting a 2.72% increase or $0.20 from the previous day, with fluctuations between $7.15 and $7.52 [4] - Over the past year, the stock has reached a high of $10.87 and a low of $0.51, with a market capitalization of approximately $5.41 billion [4] Investor Sentiment - Retail investor interest on platforms like X and Reddit has driven Opendoor's stock up by an impressive 1,300% from its 52-week low of $0.51 in June, now trading at over $7, reminiscent of past movements seen with companies like GameStop and AMC [3][6] - Investors are eagerly awaiting Opendoor's third-quarter operating results, set to be released on November 6, 2025, which could significantly influence the stock's future direction [5][6]
Jim Cramer on Opendoor Technologies: “We Don’t Want to Be in a Meme Stock”
Yahoo Finance· 2025-09-19 03:25
Company Overview - Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for home buying and selling, providing direct sales, listings, and marketplace services, along with solutions in real estate, insurance, and construction [1] Stock Performance - The stock has experienced significant volatility, dropping from $4 to around $0.50 before rebounding to $1.71 amid rumors of a business model shift and executive changes [1] - Jim Cramer characterized Opendoor as a "meme stock," expressing skepticism about its investment potential due to perceived manipulative aspects [1] Executive Changes - The departure of the CEO, described as a "straight shooter," has raised questions about the company's direction and stability [1] Investment Perspective - While acknowledging the potential of Opendoor as an investment, it is suggested that certain AI stocks may offer greater upside potential and carry less downside risk [1]