Latest analyst takes
Ricky GutierrezBEAROPEN is fundamentally unattractive—down 50% YoY revenue, razor-thin-margin “house flipper” economics, and a historically unfavorable valuation profile—so the attempt to turn it around doesn’t overcome the terrible housing-market backdrop.3d agoRicky GutierrezBEAROPEN (Open Door) is a marketing-driven, long-unprofitable house-flipping model using AI to lowball homeowners and load on fees, and with the stock already trading expensive plus housing weakness, terrible earnings/missed expectations are the kind of setup that can send it down toward the sub-$1 area if it breaks key support.3d agoRicky GutierrezBEAROPEN has heavy downside risk if it loses the key ~$5 support level, because a break would likely trigger another leg down toward the ~$4 area.11d ago"OPEN is fundamentally unattractive—down 50% YoY revenue, razor-thin-margin “house flipper” economics, and a historically unfavorable valuation profile—so the attempt to turn it around doesn’t overcome the terrible housing-market backdrop."
"OPEN (Open Door) is a marketing-driven, long-unprofitable house-flipping model using AI to lowball homeowners and load on fees, and with the stock already trading expensive plus housing weakness, terrible earnings/missed expectations are the kind of setup that can send it down toward the sub-$1 area if it breaks key support."
"OPEN has heavy downside risk if it loses the key ~$5 support level, because a break would likely trigger another leg down toward the ~$4 area."