company background image
OPEN logo

Opendoor Technologies NasdaqGS:OPEN Stock Report

Last Price

US$2.95

Market Cap

US$2.0b

7D

-1.0%

1Y

86.7%

Updated

27 Mar, 2024

Data

Company Financials +

Opendoor Technologies Inc.

NasdaqGS:OPEN Stock Report

Market Cap: US$2.0b

Opendoor Technologies Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Opendoor Technologies
Historical stock prices
Current Share PriceUS$2.95
52 Week HighUS$5.41
52 Week LowUS$1.25
Beta2.66
1 Month Change-3.28%
3 Month Change-36.83%
1 Year Change86.71%
3 Year Change-86.08%
5 Year Changen/a
Change since IPO-72.69%

Recent News & Updates

Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?

Mar 15
Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?

Opendoor Remains Attractive For Opportunistic Investors Looking For The Great Upside

Mar 02

Opendoor Technologies: Fortune Favors The Bold

Feb 25

Recent updates

Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?

Mar 15
Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?

Opendoor Remains Attractive For Opportunistic Investors Looking For The Great Upside

Mar 02

Opendoor Technologies: Fortune Favors The Bold

Feb 25

Lacklustre Performance Is Driving Opendoor Technologies Inc.'s (NASDAQ:OPEN) 28% Price Drop

Jan 18
Lacklustre Performance Is Driving Opendoor Technologies Inc.'s (NASDAQ:OPEN) 28% Price Drop

Analysts Just Made A Major Revision To Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Forecasts

Nov 07
Analysts Just Made A Major Revision To Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Forecasts

Opendoor Trading Below Liquidation Value; Still Not A Buy

Oct 17

Opendoor: A Generational Buy For Bold, Contrarian, Long-Term Investors

Sep 26

Opendoor: A Real Estate Crash Likely Awaits Us All

Sep 14

Is Opendoor Busted?

Aug 23

Opendoor Technologies: Near-Term Challenges, Long-Term Opportunities

Aug 09

Analysts Are More Bearish On Opendoor Technologies Inc. (NASDAQ:OPEN) Than They Used To Be

Aug 07
Analysts Are More Bearish On Opendoor Technologies Inc. (NASDAQ:OPEN) Than They Used To Be

Opendoor Technologies: Rising Mortgage Rates; Lowering Expectations

Jul 05

Why did Opendoor Technologies stock drop today? Home price growth in question

Jun 29

Opendoor: H2 2022 Is The Real Question In The Midst Of Slowing Demand

Jun 01

Opendoor Is At An Inflection Point

May 23

Opendoor Is The Ultimate Stock For A High Inflation Environment

May 05

Opendoor: Opportunity Seldom Knocks Twice

Apr 13

Estimating The Fair Value Of Opendoor Technologies Inc. (NASDAQ:OPEN)

Apr 02
Estimating The Fair Value Of Opendoor Technologies Inc. (NASDAQ:OPEN)

Opendoor: The Good, The Bad, And The Ugly

Mar 30

Opendoor: All Aboard The Roller Coaster

Mar 21

Analysts' Revenue Estimates For Opendoor Technologies Inc. (NASDAQ:OPEN) Are Surging Higher

Mar 07
Analysts' Revenue Estimates For Opendoor Technologies Inc. (NASDAQ:OPEN) Are Surging Higher

Opendoor: The Art Of Winning An Unfair Game

Feb 25

Opendoor: Low-Margin, Asset-Intensive Businesses Can Succeed

Feb 10

Hit A Homerun With Opendoor

Feb 03

Opendoor Revisited

Jan 15

It's Time To Slam The Door Shut On Opendoor

Jan 07

Blockbuster Growth Is Knocking At Opendoor Technologies

Dec 28

Opendoor Is A Conviction Buy If...

Dec 21

Shareholder Returns

OPENUS Real EstateUS Market
7D-1.0%0.9%0.4%
1Y86.7%19.9%28.8%

Return vs Industry: OPEN exceeded the US Real Estate industry which returned 19.9% over the past year.

Return vs Market: OPEN exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is OPEN's price volatile compared to industry and market?
OPEN volatility
OPEN Average Weekly Movement11.6%
Real Estate Industry Average Movement6.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: OPEN's share price has been volatile over the past 3 months.

Volatility Over Time: OPEN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20131,982Carrie Wheelerhttps://www.opendoor.com

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company’s product offerings comprise sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer.

Opendoor Technologies Inc. Fundamentals Summary

How do Opendoor Technologies's earnings and revenue compare to its market cap?
OPEN fundamental statistics
Market capUS$2.00b
Earnings (TTM)-US$275.00m
Revenue (TTM)US$6.95b

0.3x

P/S Ratio

-7.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPEN income statement (TTM)
RevenueUS$6.95b
Cost of RevenueUS$6.46b
Gross ProfitUS$487.00m
Other ExpensesUS$762.00m
Earnings-US$275.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin7.01%
Net Profit Margin-3.96%
Debt/Equity Ratio259.6%

How did OPEN perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.