Is Opendoor Stock the Next 10-Bagger?
In 2025, Opendoor Technologies' (NASDAQ: OPEN) stock traded up roughly 264%, and was up as much as 580% in mid-September. That's an incredible return, but one that would have been super risky for anyone who started the year with the idea that Opendoor could be a solid turnaround stock last year. Just the prior year, it has lost 64% of its value, and by the middle of 2024, the stock was trading as low as $0.51 per share.
Around that low point, some intrepid retail investors relied on the power of social media camaraderie to push the stock higher with some meme encouragement. However, even at the current price, Opendoor stock still trades around 80% off its all-time early-2021 high. It's also still quite cheap, trading at 1.1 times trailing 12-month sales.
From here, can Opendoor become a 10-bagger stock?
Source Fool.com
