Opendoor Technologies Inc (NASDAQ:OPEN) shares, rose in value on Thursday, July 10, with the stock price up by 19.73% to the previous day’s close as strong demand from buyers drove the stock to $0.88.
Actively observing the price movement in the last trading, the stock closed the session at $0.74, falling within a range of $0.7407 and $0.8848. The value of beta (5-year monthly) was 2.761. Referring to stock’s 52-week performance, its high was $3.09, and the low was $0.51. On the whole, OPEN has fluctuated by 55.89% over the past month.
With the market capitalization of Opendoor Technologies Inc currently standing at about $643.68 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.91B, with a low estimate of 1.47B and a high estimate of 1.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.5B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OPEN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OPEN currently trading nearly 47.60% and 33.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 74.05, while the 7-day volatility ratio is showing 14.30% which for the 30-day chart, stands at 9.22%. Furthermore, Opendoor Technologies Inc (OPEN)’s beta value is 2.73.
A comparison of Opendoor Technologies Inc (OPEN) with its peers suggests the former has fared considerably weaker in the market. OPEN showed an intraday change of 19.73% in last session, and over the past year, it shrunk by -44.83%%.
Data on historical trading for Opendoor Technologies Inc (NASDAQ:OPEN) indicates that the trading volumes over the past 10 days have averaged 101.59 and over the past 3 months, they’ve averaged 78.77 million. According to company’s latest data on outstanding shares, there are 726.84 million shares outstanding.
Nearly 15.60% of Opendoor Technologies Inc’s shares belong to company insiders and institutional investors own 53.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 152.99 million shares as on 2025-06-13, resulting in a short ratio of 1.83. According to the data, the short interest in Opendoor Technologies Inc (OPEN) stood at 2430.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 113.42 million. The stock has fallen by -51.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OPEN stock heading into the next quarter.
