The broader housing sector rally could influence Open Door stock price forecast, especially with recent data showing rising bid-ask spread efficiency, pushing sentiment-driven buying. The stock has gotten a boost in recent months from CEO Elon Musk's renewed commitment to the company after a stint working for the Trump administration, as well as investor optimism about the company's development of autonomous driving systems and robotics as part of a more-intense focus on AI-related opportunities. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The Open Door stock price forecast evaluates a potential breakout above $3.25 resistance, aligning with historical volume surges during positive housing market updates.
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