Reported 1 day ago
KBW has maintained a Hold rating on Opendoor Technologies Inc. (NASDAQ:OPEN) with a price target of $1.00, as reported by Ryan Tomasello on July 18. In fiscal Q1 2025, Opendoor saw a 2% decrease in revenue to $1.2 billion compared to the same quarter last year, with a 4% drop in home sales. The company reported an inventory balance of $2.4 billion, reflecting a 26% increase year-over-year, but also incurred a net loss of $85 million.
Source: YAHOO