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OPEN

OPEN - Opendoor Technologies Inc. Stock Price, Fair Value and News

2.23USD+0.07 (+3.24%)Delayed as of 18 Apr 2024, 01:04 pm ET

Market Summary

OPEN
USD2.23+0.07
Delayedas of 18 Apr 2024, 01:04 pm
3.24%

OPEN Alerts

  • 3 major insider sales recently.

OPEN Stock Price

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OPEN RSI Chart

OPEN Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

-5.34

Price/Sales (Trailing)

0.21

EV/EBITDA

422.51

Price/Free Cashflow

0.64

OPEN Price/Sales (Trailing)

OPEN Profitability

Operating Margin

7.01%

EBT Margin

-3.94%

Return on Equity

-28.44%

Return on Assets

-7.71%

Free Cashflow Yield

157.15%

OPEN Fundamentals

OPEN Revenue

Revenue (TTM)

6.9B

Rev. Growth (Yr)

-69.55%

Rev. Growth (Qtr)

-11.22%

OPEN Earnings

Earnings (TTM)

-275.0M

Earnings Growth (Yr)

77.19%

Earnings Growth (Qtr)

14.15%

Breaking Down OPEN Revenue

52 Week Range

2.27
(Low)(High)

Last 7 days

-11.8%

Last 30 days

-25%

Last 90 days

-28.2%

Trailing 12 Months

27.8%

How does OPEN drawdown profile look like?

OPEN Financial Health

Current Ratio

49.21

Debt/Equity

0.39

Debt/Cashflow

6.23

OPEN Investor Care

Shares Dilution (1Y)

6.63%

Diluted EPS (TTM)

-0.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202313.5B11.3B8.9B6.9B
202212.4B15.4B16.5B15.6B
20212.1B2.5B4.4B8.0B
20205.0B4.5B3.6B2.6B
20192.6B3.3B4.0B4.7B
20180001.8B
2017000711.1M
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Tracking the Latest Insider Buys and Sells of Opendoor Technologies Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 16, 2024
schwartz christina
sold
-7,577
2.125
-3,566
see remarks
Apr 15, 2024
meyer megan d.
sold
-205,040
2.252
-91,048
president, sell direct & svcs.
Apr 15, 2024
schwartz christina
sold
-16,690
2.25206
-7,411
see remarks
Apr 11, 2024
meyer megan d.
sold
-11,707
2.4349
-4,808
president, sell direct & svcs.
Apr 09, 2024
schaub sydney
sold
-6,860
2.73
-2,513
chief legal officer
Apr 01, 2024
schwartz christina
sold
-43,798
2.9199
-15,000
see remarks
Mar 28, 2024
meyer megan d.
sold
-14,786
3.0754
-4,808
president, sell direct & svcs.
Mar 18, 2024
schwartz christina
sold
-24,651
2.8975
-8,508
see remarks
Mar 15, 2024
schwartz christina
sold
-49,502
2.57959
-19,190
see remarks
Mar 15, 2024
wheeler carrie
sold
-1,731,320
2.5796
-671,158
chief executive officer

1–10 of 50

Which funds bought or sold OPEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
MCF Advisors LLC
new
-
303
303
-%
Apr 16, 2024
Asset Dedication, LLC
sold off
-100
-
-
-%
Apr 16, 2024
Stratos Wealth Advisors, LLC
sold off
-100
-67,872
-
-%
Apr 16, 2024
Register Financial Advisors LLC
new
-
3,151
3,151
-%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
reduced
-23.87
-67,675
71,823
-%
Apr 15, 2024
WEST PACES ADVISORS INC.
unchanged
-
-66.00
136
-%
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-130
-
-%
Apr 12, 2024
CHICAGO TRUST Co NA
new
-
31,693
31,693
0.01%
Apr 12, 2024
Dynamic Advisor Solutions LLC
added
2.92
-42,529
261,804
0.01%
Apr 12, 2024
Westend Capital Management, LLC
new
-
79.00
79.00
-%

1–10 of 45

Are Funds Buying or Selling OPEN?

Are funds buying OPEN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OPEN
No. of Funds

Unveiling Opendoor Technologies Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
wu eric chung-wei
2.7%
18,298,757
SC 13G/A
Feb 13, 2024
vanguard group inc
12.87%
86,258,094
SC 13G/A
Feb 05, 2024
goldman sachs group inc
0.7%
4,957,867
SC 13G/A
Jan 26, 2024
blackrock inc.
7.6%
50,672,097
SC 13G
Feb 14, 2023
sylebra capital ltd
5.11%
32,436,371
SC 13G
Feb 14, 2023
sb investment advisers (uk) ltd
0.0%
0
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
0.4%
2,570,301
SC 13G/A
Feb 09, 2023
vanguard group inc
10.78%
68,341,853
SC 13G/A
Feb 08, 2023
goldman sachs group inc
7.2%
45,842,904
SC 13G
Oct 11, 2022
vanguard group inc
10.02%
63,028,594
SC 13G/A

Recent SEC filings of Opendoor Technologies Inc.

View All Filings
Date Filed Form Type Document
Apr 17, 2024
4
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 16, 2024
144
Notice of Insider Sale Intent
Apr 15, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Mar 29, 2024
4
Insider Trading
Mar 28, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to Opendoor Technologies Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
34.9B
2.5B
-11.17% 22.26%
93.09
14.21
12.49% 1.41%
26.0B
31.9B
-8.48% 18.31%
26.4
0.81
3.64% -29.92%
9.9B
1.9B
-10.80% -6.26%
-62.86
5.11
-0.66% -56.44%
MID-CAP
8.2B
20.8B
-5.44% 26.46%
36.5
0.4
-0.49% -65.56%
3.2B
389.3M
3.64% 33.10%
41.06
8.2
54.28% 9.57%
2.8B
821.4M
-5.45% 47.06%
15.13
3.41
18.22% 157.58%
2.1B
9.5B
-4.24% -0.96%
-59.47
0.22
-6.06% -118.02%
SMALL-CAP
1.5B
4.3B
5.63% -18.87%
-168.06
0.35
-6.90% -158.11%
259.6M
50.5M
-8.80% -22.37%
65.41
5.14
34.51% -98.94%
113.5M
44.5M
-10.04% 44.41%
50.94
2.55
-24.76% -93.06%
65.2M
44.7M
45.28% 50.11%
8.37
1.46
13.76% 5.95%
39.9M
145.1M
-39.52% -63.14%
-0.71
0.27
-5.26% -6.11%

Opendoor Technologies Inc. News

Latest updates
Investing.com • 15 hours ago
InvestorsObserver • 19 Mar 2024 • 07:00 am
Yahoo Finance • 15 Mar 2024 • 07:00 am

Opendoor Technologies Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-11.2%870,000,000980,000,0001,976,000,0003,120,000,0002,857,000,0003,361,000,0004,198,000,0005,151,000,0003,822,000,0002,266,000,0001,186,000,000747,000,000248,886,000338,613,000739,827,0001,255,795,0001,255,654,0001,210,645,0001,260,312,0001,013,972,000-
Cost Of Revenue-9.7%798,000,000884,000,0001,827,000,0002,950,000,0002,786,000,0003,786,000,0003,712,000,0004,616,000,0003,550,000,0002,064,000,0001,027,000,000650,000,000210,197,000302,802,000685,253,0001,164,748,0001,182,360,000----
Gross Profit-25.0%72,000,00096,000,000149,000,000170,000,00071,000,000-425,000,000486,000,000535,000,000272,000,000202,000,000159,000,00097,000,00038,365,00035,811,00054,574,00091,047,00073,961,00077,160,00081,547,00068,582,000-
Operating Expenses6.9%187,000,000175,000,000217,000,000294,000,000342,000,000385,000,000454,000,000417,000,000374,000,000271,000,000311,000,000342,000,000104,827,00080,688,00093,426,000127,059,000139,629,000----
  S&GA Expenses4.7%89,000,00085,000,000124,000,000188,000,000194,000,000260,000,000276,000,000276,000,000225,000,000153,000,00097,000,00069,000,00032,710,00027,336,00047,265,00081,689,00092,625,000----
  R&D Expenses9.5%46,000,00042,000,00039,000,00040,000,00048,000,00040,000,00041,000,00040,000,00032,000,00027,000,00024,000,00051,000,00010,191,00013,184,00016,838,00015,787,00013,785,000----
EBITDA Margin101.0%0.00-0.03-0.09-0.08-0.06-0.040.00-0.01-0.06-0.09-0.18-0.18---------
Interest Expenses-21.3%37,000,00047,000,00053,000,00074,000,000113,000,000115,000,00089,000,00068,000,00073,000,00043,000,00016,000,00011,000,00010,607,00012,376,00017,290,00027,727,00028,886,000----
Income Taxes-Infinity%-150,000-1,000,000300,000-1,000,0001,000,000--50,0001,000,000-100,000-219,50030,00079,000100,000-----
Earnings Before Taxes14.2%-91,000,000-106,000,00024,000,000-101,000,000-448,000,000-927,000,000-53,000,00028,000,000-191,000,000-56,000,000-144,000,000-270,000,000-54,266,000-80,818,000-55,840,000-62,076,000-91,892,000----
EBT Margin44.2%-0.04-0.07-0.13-0.11-0.09-0.07-0.02-0.03-0.08-0.12-0.22-0.22---------
Net Income14.2%-91,000,000-106,000,00023,000,000-101,000,000-399,000,000-928,000,000-54,000,00028,000,000-191,000,000-57,000,000-144,000,000-270,000,000-87,792,000-80,853,000-55,919,000-62,196,000-91,722,000-89,736,000-75,139,000-82,573,000-
Net Income Margin39.3%-0.04-0.07-0.12-0.11-0.09-0.07-0.02-0.03-0.08-0.13-0.23-0.24---------
Free Cashflow-142.7%-551,000,000-227,000,000931,000,0002,154,000,0001,391,000,000-335,000,000-1,903,000,0001,540,000,000100,000,000-3,604,000,000-1,914,000,000-409,000,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets-9.6%3,5673,9474,2235,1126,6089,78410,1368,2729,5068,9694,8683,2722,1764154151,3242,2321,842
  Current Assets-9.8%3,4453,8194,0934,9726,4669,5849,9458,0799,3408,8214,7393,1432,0531.001.00-2,0881,808
    Cash Equivalents-13.4%9991,1541,1201,1431,1371,3272,2392,3121,7311,3591,5582,0401,506469458409685406
  Net PPE-2.9%66.0068.0062.0059.0058.0062.0054.0049.0045.0038.0034.0031.0029.0029.00--35.0018.00
  Goodwill0%4.004.004.004.004.0062.0060.0060.0060.0047.0031.0031.0031.0031.00--31.009.00
Liabilities-11.2%2,6002,9273,1374,0765,5228,2967,7805,9257,2586,6062,4508886238631,1031,3431,5831,192
  Current Liabilities-5.4%70.0074.0088.004431,5053,6013,6062,8144,4004,2401,8106443936.000.000.001,1261,068
  Long Term Debt-25.1%376502501774959957956955954952------140-
    LT Debt, Current---------7.00-1,691597339122--1,0741,033
    LT Debt, Non Current-25.1%376502501774959957956955954952------140-
Shareholder's Equity-5.2%9671,0201,0861,0361,0861,4882,3562,3472,2482,3632,4182,3841,5535.005.000.00-413
  Retained Earnings-2.8%-3,333-3,242-3,136-3,159-3,058-2,659-1,731-1,677-1,705-1,514-1,457-1,313-1,043-6.34-0.30-0.02-790-446
  Additional Paid-In Capital0.9%4,3014,2634,2244,1984,1484,1524,0924,0283,9553,8773,8763,6972,59611.005.000.0057.0031.00
Shares Outstanding1.4%678669657648637630622619593586588565------
Float---1,989---2,432---8,531---487---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-150.9%-542,000-216,000940,0002,162,0001,395,000-322,000-1,893,0001,550,000110,000-3,592,000-1,907,000-405,000-355,35487,007513,965436,382-21.63----
  Share Based Compensation3.2%32,00031,00021,00042,000-7,00052,00059,00067,00071,00062,000164,000239,00028,8382,5223,6702,9703,600----
Cashflow From Investing-233.3%-4,0003,00015,00030,00024,00027,000221,000-38,000-44,000-258,000-149,000-25,00028,82018,100-13,768-55,152-15,399----
Cashflow From Financing-37.1%-292,000-213,000-809,000-1,325,000-2,707,000520,0001,770,000-1,334,000669,0004,003,0001,563,0001,107,0001,188,797-127,253-553,629-346,91522.00----
  Buy Backs----------------------

OPEN Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
REVENUE$ 6,946,000,000$ 15,567,000,000$ 8,021,000,000
COST OF REVENUE6,459,000,00014,900,000,0007,291,000,000
GROSS PROFIT487,000,000667,000,000730,000,000
OPERATING EXPENSES:   
Sales, marketing and operations486,000,0001,006,000,000544,000,000
General and administrative206,000,000346,000,000620,000,000
Technology and development167,000,000169,000,000134,000,000
Goodwill impairment060,000,0000
Restructuring14,000,00017,000,0000
Total operating expenses873,000,0001,598,000,0001,298,000,000
LOSS FROM OPERATIONS(386,000,000)(931,000,000)(568,000,000)
Warrant fair value adjustment0012,000,000
GAIN (LOSS) ON EXTINGUISHMENT OF DEBT216,000,000(25,000,000)0
INTEREST EXPENSE(211,000,000)(385,000,000)(143,000,000)
OTHER INCOME (LOSS) – Net107,000,000(10,000,000)38,000,000
LOSS BEFORE INCOME TAXES(274,000,000)(1,351,000,000)(661,000,000)
INCOME TAX EXPENSE(1,000,000)(2,000,000)(1,000,000)
Net loss$ (275,000,000)$ (1,353,000,000)$ (662,000,000)
Net loss per share attributable to common shareholders:   
Basic (in dollars per share)$ (0.42)$ (2.16)$ (1.12)
Diluted (in dollars per share)$ (0.42)$ (2.16)$ (1.12)
Weighted-average shares outstanding:   
Weighted average shares outstanding, basic (in shares)657,111,000627,105,000592,574,000
Weighted average shares outstanding, diluted (in shares)657,111,000627,105,000592,574,000

OPEN Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 999,000$ 1,137,000
Restricted cash541,000654,000
Marketable securities69,000144,000
Escrow receivable9,00030,000
Real estate inventory, net1,775,0004,460,000
Other current assets ($0 and $1 carried at fair value)52,00041,000
Total current assets3,445,0006,466,000
PROPERTY AND EQUIPMENT – Net66,00058,000
RIGHT OF USE ASSETS25,00041,000
GOODWILL4,0004,000
INTANGIBLES – Net5,00012,000
OTHER ASSETS22,00027,000
TOTAL ASSETS[1]3,567,0006,608,000
CURRENT LIABILITIES:  
Accounts payable and other accrued liabilities64,000110,000
Non-recourse asset-backed debt - current portion01,376,000
Interest payable1,00012,000
Lease liabilities – current portion5,0007,000
Total current liabilities70,0001,505,000
NON-RECOURSE ASSET-BACKED DEBT – Net of current portion2,134,0003,020,000
CONVERTIBLE SENIOR NOTES376,000959,000
LEASE LIABILITIES – Net of current portion19,00038,000
OTHER LIABILITIES1,0000
Total liabilities[2]2,600,0005,522,000
COMMITMENTS AND CONTINGENCIES (See Note 17)
SHAREHOLDERS’ EQUITY:  
Common stock, $0.0001 par value; 3,000,000,000 shares authorized; 677,636,163 and 637,387,025 shares issued, respectively; 677,636,163 and 637,387,025 shares outstanding, respectively00
Additional paid-in capital4,301,0004,148,000
Accumulated deficit(3,333,000)(3,058,000)
Accumulated other comprehensive loss(1,000)(4,000)
Total shareholders’ equity967,0001,086,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$ 3,567,000$ 6,608,000
[1]The Company’s consolidated assets at December 31, 2023 and 2022 include the following assets of certain variable interest entities (“VIEs”) that can only be used to settle the liabilities of those VIEs: Restricted cash, $530 and $636; Real estate inventory, net, $1,735 and $4,408; Escrow receivable, $8 and $29; Other current assets, $10 and $9; and Total assets of $2,283 and $5,082, respectively.
[2]The Company’s consolidated liabilities at December 31, 2023 and 2022 include the following liabilities for which the VIE creditors do not have recourse to Opendoor: Accounts payable and other accrued liabilities, $28 and $61; Interest payable, $1 and $11; Current portion of non-recourse asset-backed debt, $— and $1,376; Non-recourse asset-backed debt, net of current portion, $2,134 and $3,020; and Total liabilities, $2,163 and $4,468, respectively.
OPEN
Opendoor Technologies Inc. operates an e-commerce platform for residential real estate transactions in the United States. It buys and sells homes. The company's product offerings comprise 1P Product that enables homeowners to sell their home directly to it and resell the home to a home buyer; and 3P Product that connects the home seller with an institutional or retail buyer. It also provides real estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, and construction services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.
 CEO
 WEBSITEopendoor.com
 INDUSTRYReal Estate Services
 EMPLOYEES2570

Opendoor Technologies Inc. Frequently Asked Questions


What is the ticker symbol for Opendoor Technologies Inc.? What does OPEN stand for in stocks?

OPEN is the stock ticker symbol of Opendoor Technologies Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Opendoor Technologies Inc. (OPEN)?

As of Wed Apr 17 2024, market cap of Opendoor Technologies Inc. is 1.47 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPEN stock?

You can check OPEN's fair value in chart for subscribers.

What is the fair value of OPEN stock?

You can check OPEN's fair value in chart for subscribers. The fair value of Opendoor Technologies Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Opendoor Technologies Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OPEN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Opendoor Technologies Inc. a good stock to buy?

The fair value guage provides a quick view whether OPEN is over valued or under valued. Whether Opendoor Technologies Inc. is cheap or expensive depends on the assumptions which impact Opendoor Technologies Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OPEN.

What is Opendoor Technologies Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, OPEN's PE ratio (Price to Earnings) is -5.34 and Price to Sales (PS) ratio is 0.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OPEN PE ratio will change depending on the future growth rate expectations of investors.