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Stock impact report

Opendoor (OPEN): Assessing Valuation After a 300% Year-to-Date Share Price Surge [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
See our latest analysis for Opendoor Technologies. While there has not been a single defining headline recently, trading in Opendoor has stayed choppy, with a sharp year to date share price return of 300 percent, but a much weaker 1 year total shareholder return of 276.33 percent, suggesting momentum is cooling after a speculative surge. If Opendoor has you rethinking where the next big housing or fintech style rebound might come from, it could be worth scanning fast growing stocks with high insider ownership for other fast moving ideas backed by management skin in the game. With revenue and earnings rebounding but the share price already soaring far above analyst targets, investors now face a tougher question: is Opendoor still misunderstood and undervalued, or is the market already baking in its next leg of growth? With Opendoor closing at $6.36 against a narrative fair value of about $2.99, the current share price implies a far richer future than this framework does. The Show less Read more
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