Citizens JMP Downgrades Opendoor Technologies Inc. (OPEN) from ‘Market Outperform’ to ‘Market Perform’

Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the best stocks for a quick return.

Citizens JMP Downgrades Opendoor Technologies Inc. (OPEN) from ‘Market Outperform’ to ‘Market Perform’

An aerial view of multiple modern high-rise commercial buildings, representing the company’s wide-ranging real estate portfolio.

The company’s business model has moved away from its core iBuying model (where it directly buys and sells homes) to a more limited role as an agent-driven “backstop.” Citing this shift in the business model, Citizens JMP lowered its rating on OPEN from ‘Market Outperform’ to ‘Market Perform’ on June 28, 2025.

The analyst sees a potential upside for the company’s shares given that the new model works in their favor. However, concerns regarding Opendoor Technologies Inc.’s (NASDAQ:OPEN) high 3.92x debt-to-equity ratio remain.

Opendoor Technologies Inc. (NASDAQ:OPEN) leverages its platform to facilitate residential real estate transactions in the U.S., offering services including direct home sales, listings, title and escrow, and insurance. It is one of the best stocks to buy.

While we acknowledge the potential of OPEN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OPEN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 7 Best Future Food Stocks to Buy According to Analysts and 10 Best Marketing Stocks to Buy Right Now.

Disclosure: None.