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Opendoor Technologies NasdaqGS:OPEN Stock Report

Last Price

US$2.27

Market Cap

US$1.6b

7D

14.1%

1Y

-31.6%

Updated

29 Nov, 2024

Data

Company Financials +

Opendoor Technologies Inc.

NasdaqGS:OPEN Stock Report

Market Cap: US$1.6b

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$2.27
52 Week HighUS$4.89
52 Week LowUS$1.52
Beta2.7
11 Month Change23.37%
3 Month Change5.58%
1 Year Change-31.63%
33 Year Change-83.81%
5 Year Changen/a
Change since IPO-78.99%

Recent News & Updates

Even With A 30% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Nov 26
Even With A 30% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Opendoor Technologies: Business Model Showing Signs Of Weaknesses

Nov 20

Opendoor Technologies Inc. (NASDAQ:OPEN) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 11
Opendoor Technologies Inc. (NASDAQ:OPEN) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Recent updates

Even With A 30% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Nov 26
Even With A 30% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Opendoor Technologies: Business Model Showing Signs Of Weaknesses

Nov 20

Opendoor Technologies Inc. (NASDAQ:OPEN) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 11
Opendoor Technologies Inc. (NASDAQ:OPEN) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Opendoor: Left Behind By Recent Market Recovery - Maintain Speculative Buy

Oct 04

Opendoor: Macro Uncertainty Is More Important Than Rates

Sep 23

Investors Still Aren't Entirely Convinced By Opendoor Technologies Inc.'s (NASDAQ:OPEN) Revenues Despite 29% Price Jump

Sep 12
Investors Still Aren't Entirely Convinced By Opendoor Technologies Inc.'s (NASDAQ:OPEN) Revenues Despite 29% Price Jump

Opendoor Technologies: Valuation Approaching An Attractive Entry Point

Aug 29

Analysts Have Just Cut Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Estimates By 11%

Aug 09
Analysts Have Just Cut Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Estimates By 11%

Opendoor: Outperformance Is Not Enough

Aug 05

Even With A 42% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Jul 17
Even With A 42% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely

Opendoor: The Fed Pivot May Jumpstart Its Prospects

Jul 13

Opendoor: Path To Breakeven Remains Far, A Very Tough Call

Jun 13

5 Reasons To Buy Opendoor

May 13

Positive Sentiment Still Eludes Opendoor Technologies Inc. (NASDAQ:OPEN) Following 29% Share Price Slump

Apr 26
Positive Sentiment Still Eludes Opendoor Technologies Inc. (NASDAQ:OPEN) Following 29% Share Price Slump

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

Shareholder Returns

OPENUS Real EstateUS Market
7D14.1%3.0%0.5%
1Y-31.6%30.7%30.7%

Return vs Industry: OPEN underperformed the US Real Estate industry which returned 30.7% over the past year.

Return vs Market: OPEN underperformed the US Market which returned 30.7% over the past year.

Price Volatility

Is OPEN's price volatile compared to industry and market?
OPEN volatility
OPEN Average Weekly Movement11.2%
Real Estate Industry Average Movement7.7%
Market Average Movement6.3%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: OPEN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20131,982Carrie Wheelerwww.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$1.62b
Earnings (TTM)-US$370.00m
Revenue (TTM)US$4.94b

0.3x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPEN income statement (TTM)
RevenueUS$4.94b
Cost of RevenueUS$4.52b
Gross ProfitUS$420.00m
Other ExpensesUS$790.00m
Earnings-US$370.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin8.50%
Net Profit Margin-7.49%
Debt/Equity Ratio313.5%

How did OPEN perform over the long term?

See historical performance and comparison