TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Opendoor Technologies ( (OPEN) ) has shared an update.
Opendoor Technologies Inc. announced the distribution of warrants to its shareholders and certain convertible noteholders as a special dividend on November 21, 2025. This move, described by CEO Kaz Nejatian as a demonstration of confidence in the company’s long-term value, aims to realign shareholder interests. The warrants, which are exercisable for cash, are set to trade on Nasdaq under the tickers OPENW, OPENL, and OPENZ, with expiration dates set for November 20, 2026, unless early expiration conditions are met. This distribution is part of Opendoor’s strategy to strengthen its relationship with shareholders, reflecting a structural commitment to their interests.
The most recent analyst rating on (OPEN) stock is a Hold with a $7.50 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 is navigating a challenging financial landscape with declining revenues and persistent net losses. Improvements in cash flow and leverage management provide a more optimistic outlook. The technical analysis shows mixed signals, with potential short-term weakness. Valuation remains a concern due to the company’s unprofitability. The strategic shift highlighted in the earnings call is promising, but significant challenges remain.
To see Spark’s full report on OPEN stock, click here.
More about Opendoor Technologies
Average Trading Volume: 249,057,101
Technical Sentiment Signal: Buy
Current Market Cap: $6.38B
For an in-depth examination of OPEN stock, go to TipRanks’ Overview page.