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OPEN
Forbes
5 hrs

Opendoor - OPEN Stock To $9?

1. Opendoor's stock surged nearly 180% year-to-date, currently at $5. 2. Analysts predict potential revenue recovery to $12 billion by 2026. 3. The stock trades at 0.3x forward sales, below competitors' averages. 4. Improved unit economics and diversified services could drive profitability. 5. Risks include housing market downturns and intense competition.

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FAQ

Why Bullish?

The expected recovery in revenue and improved fundamentals indicate potential for price appreciation, reminiscent of other tech rebounds in similar markets.

How important is it?

The article outlines significant revenue projections and operational improvements that directly affect investor sentiment and expectations for OPEN.

Why Long Term?

Projected revenue recovery and operational improvements suggest growth over the coming years, reflecting patterns seen in companies that stabilize after downturns.

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