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Opendoor Technologies Settlement Gains Preliminary Approval

Story Highlights
  • Preliminary approval was granted for a settlement involving Opendoor Technologies.
  • The settlement includes corporate governance reforms and resolves multiple shareholder actions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Opendoor Technologies Settlement Gains Preliminary Approval

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Opendoor Technologies ( (OPEN) ) has shared an update.

On September 11, 2025, the U.S. District Court for the District of Arizona granted preliminary approval for a settlement in a derivative action involving Opendoor Technologies Inc. This settlement, which includes related litigation in Delaware, involves Opendoor adopting corporate governance reforms in exchange for a full release of claims. The settlement follows a global mediation held on February 7, 2025, and aims to resolve multiple shareholder derivative actions against the company and its executives.

The most recent analyst rating on (OPEN) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Opendoor Technologies stock, see the OPEN Stock Forecast page.

Spark’s Take on OPEN Stock

According to Spark, TipRanks’ AI Analyst, OPEN is a Neutral.

Opendoor Technologies faces significant financial challenges with declining revenues and ongoing losses, which heavily impact its overall score. While technical indicators show bullish momentum, overbought conditions suggest caution. The company’s strategic shifts and new product introductions are promising, but macroeconomic pressures and valuation concerns remain significant hurdles.

To see Spark’s full report on OPEN stock, click here.

More about Opendoor Technologies

Average Trading Volume: 343,184,386

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.03B

For detailed information about OPEN stock, go to TipRanks’ Stock Analysis page.

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