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

EMJ Capital'sEric Jacksonis signaling that his sky-high price target forOpendoor 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.

A 'Conservative' 1,540% Return

In 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.

"I now think I may have been too conservative," Jackson stated, pointing to a massive acceleration in business velocity that...