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OPEN
Forbes
12 hrs

What Is Happening With OPEN Stock?

1. OPEN's stock surged over 200% amid CEO transition and national expansion. 2. Despite a 244% rise in P/S, revenue declined by 8.9%. 3. Q2 earnings surpassed projections, marking first EBITDA profit since 2022. 4. Recent Q3 earnings missed expectations, leading to stock decline. 5. Shift toward AI and software indicates potential profitability by 2026.

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FAQ

Why Neutral?

While recent gains are substantial, Q3 earnings missed forecasts could dampen investor optimism.

How important is it?

The volatility and leadership changes are notable, but immediate hurdles could overshadow positive momentum.

Why Short Term?

Immediate concerns over revenue performance and earnings guidance will shape near-term investor sentiment.

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