JPMorgan keeps an Overweight rating on Opendoor Technologies (OPEN) and established an $8 price target following the Q3 report. While the company’s near-term results will be volatile, Opendoor already reduced spreads, which is driving an acceleration in home acquisitions in Q4, the analyst tells investors in a research note. JPMorgan is “encouraged by the confidence and energy from the new leadership.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPEN:
- VTI ETF Daily Report: 11/10/2025
- Skepticism Over Opendoor Technologies’ Profitability Strategy Amid Execution Risks
- Opendoor’s Earnings Call: Transformation Amid Challenges
- Opendoor (OPEN) Files for Share Offering to Restructure Debt and Boost Liquidity
- Opendoor Stock Crashes 23% as New CEO Promises an AI-Powered Reboot