Reported 2 days ago
Opendoor Technologies' stock has surged over 430% in a month, reaching a 52-week high of $4.97, following bullish remarks from EMJ Capital's Eric Jackson. Despite recent financial improvements and positive forward guidance, analysts express caution due to ongoing profitability challenges and debt obligations. While Jackson sets an ambitious price target of $82, most analysts maintain a 'Hold' rating, suggesting that investors should be careful amid the stock’s rapid ascent.
Source: YAHOO