Eric Jackson Now Assumes 'Nearly Double' Upside In OPEN Despite A Bullish 1540% Target For 2028: 'May Have Been Too Conservative'

Benzinga_recent_news03-09

EMJ Capital's Eric Jackson is signaling that his sky-high price target for Opendoor Technologies Inc. (NASDAQ:OPEN) may still be too low, citing a radical operational shift under new leadership that ...

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(NASDAQ:OPEN) may still be too low, citing a radical operational shift under new leadership that ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/03/51122886/eric-jackson-now-assumes-nearly-double-upside-in-open-despite-a-bullish-1540-target-for-2028-may-have-been-too-conservative\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CVNX","symbol_name":"2倍做多CVNA ETF-Defiance","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/26/03/51122886/eric-jackson-now-assumes-nearly-double-upside-in-open-despite-a-bullish-1540-target-for-2028-may-have-been-too-conservative","article_id":"2618162856","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/09/Opendoor.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/26/03/51122886/eric-jackson-now-assumes-nearly-double-upside-in-open-despite-a-bullish-1540-target-for-2028-may-have-been-too-conservative","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2618162856","pubTimestamp":1773055020,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Eric Jackson says his 1,540% Opendoor target of $82 may be \"too conservative\" as $OPEN hits a 3.4x acquisition pace under new leadership.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CVNX":"2倍做多CVNA ETF-Defiance","BK4613":"AI应用软件","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4079":"房地产服务","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","OPEG":"Leverage Shares 2X Long OPEN Daily ETF","CVNY":"CVNA期权收益策略ETF-YieldMax","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","SHPU":"2倍做多SHOP ETF-Direxion","BK4588":"碎股","BK4214":"汽车零售","BK4112":"金融交易所和数据","OPEX":"Tradr 2X Long OPEN Daily ETF","BK4548":"巴美列捷福持仓","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","SHPD":"Direxion Daily SHOP Bear 1X ETF","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BLSG":"2倍做多BLSH ETF-Leverage Shares","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4524":"宅经济概念","BK4532":"文艺复兴科技持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","OPEN":"Opendoor Technologies Inc","LU2063271972.USD":"富兰克林创新领域基金","BLSX":"Tradr 2X Long BLSH Daily ETF","BK4116":"互联网服务与基础架构","BK4585":"ETF&股票定投概念","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","BK4503":"景林资产持仓","BK4562":"SPAC上市公司","BK4528":"SaaS概念","BK4566":"资本集团","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD"},"translate_title":"埃里克·杰克逊(Eric Jackson)现在假设开盘上涨“近一倍”，尽管2028年目标看涨1540%：“可能过于保守”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVNY":0.6,"OPEN":1.98,"SHPD":0.6,"CVNX":0.6,"BLSG":0.6,"OPEX":0.6,"BLSX":0.6,"SHPU":0.6,"OPEG":0.6},"content_text":"EMJ Capital's Eric Jackson is signaling that his sky-high price target for Opendoor Technologies Inc. (NASDAQ:OPEN) may still be too low, citing a radical operational shift under new leadership that could nearly double the company's projected revenue upside.\nIn a stunning reassessment of the iBuying giant, Jackson noted that his previous forecast of $82 per share by 2028—representing a massive 1,540% climb from the current $5 price point—might actually be understating the company’s potential.\n“I now think I may have been too conservative,” Jackson stated, pointing to a massive acceleration in business velocity that is outpacing current Wall Street models.\nThe primary driver for this shift isn’t a recovery in the broader housing market, but rather a change in internal execution. Since CEO Kaz Nejatian took the helm in September, Opendoor's weekly acquisitions have surged from 131 homes to 442 homes—a 3.4x increase in just five months.\nJackson argues that the market is failing to account for Opendoor's evolution into a “housing-fintech platform.”\nDrawing parallels to the turnaround seen at Carvana Co. (NYSE:CVNA), Jackson highlighted that the physical home is merely the distribution channel for high-margin financial products like mortgages, title, and insurance.\n“The old debate was whether iBuying works,” Jackson noted. “The better question now is whether Opendoor is quietly becoming a housing-fintech platform. That's a very different multiple.”\nHe specifically pointed to the new 4.99% mortgage beta as a sign that the “Shopify Inc. (NASDAQ:SHOP) playbook” is being successfully applied to real estate.\nWhile the Bloomberg consensus, as stated by Jackson, puts FY2026 revenue at $4.2 billion, he contends the current acquisition pace implies “nearly double that.”\nCombined with a 40% reduction in headcount, the analyst believes the company is positioned for massive operating leverage that investors have yet to price in.\nIf this momentum holds, Jackson suggests the timeline for his $82 target could be “pulling forward” significantly.\nOPEN has declined 24.81% over the last six months and is up 14.24% year-to-date, significantly underperforming broader indices.\nThe stock was 323.73% higher over the year. On Monday, the stock was 2.40% lower in premarket.\nBenzinga’s Edge Stock Rankings indicate that OPEN maintains a weaker price trend over the short and medium terms but a strong trend in the long term.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nPhoto: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618162856","isCrawlerRequest":true}