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OPEN

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

2.09USD-0.14 (-6.28%)Market Closed

Market Summary

OPEN
USD2.09-0.14
Market Closed
-6.28%

OPEN Alerts

  • Big fall in Revenue (Y/Y)
  • Losses in recent quarter

OPEN Stock Price

View Fullscreen

OPEN RSI Chart

OPEN Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-5.11

Price/Sales (Trailing)

0.29

EV/EBITDA

-17.03

Price/Free Cashflow

-43.8

OPEN Price/Sales (Trailing)

OPEN Profitability

Operating Margin

8.61%

EBT Margin

-5.63%

Return on Equity

-31.48%

Return on Assets

-8.31%

Free Cashflow Yield

-2.28%

OPEN Fundamentals

OPEN Revenue

Revenue (TTM)

5.0B

Rev. Growth (Yr)

-62.15%

Rev. Growth (Qtr)

35.75%

OPEN Earnings

Earnings (TTM)

-283.0M

Earnings Growth (Yr)

-7.92%

Earnings Growth (Qtr)

-19.78%

Breaking Down OPEN Revenue

Last 7 days

-8.3%

Last 30 days

-14.7%

Last 90 days

-21.7%

Trailing 12 Months

-28.9%

How does OPEN drawdown profile look like?

OPEN Financial Health

Current Ratio

44.38

Debt/Equity

0.42

Debt/Cashflow

0.01

OPEN Investor Care

Shares Dilution (1Y)

6.60%

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
20245.0B000
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
Jun 06, 2024
meyer megan d.
sold
-10,736
2.2331
-4,808
president, sell direct & svcs.
Jun 04, 2024
schaub sydney
sold
-5,453
2.17
-2,513
chief legal officer
May 23, 2024
meyer megan d.
sold
-10,253
2.1325
-4,808
president, sell direct & svcs.
May 09, 2024
meyer megan d.
sold
-10,875
2.2619
-4,808
president, sell direct & svcs.
May 07, 2024
schaub sydney
sold
-5,855
2.33
-2,513
chief legal officer
May 01, 2024
feder eric
acquired
-
-
10,293
-
Apr 25, 2024
meyer megan d.
sold
-9,904
2.06
-4,808
president, sell direct & svcs.
Apr 16, 2024
schwartz christina
sold
-7,577
2.125
-3,566
see remarks
Apr 15, 2024
schwartz christina
sold
-16,690
2.25206
-7,411
see remarks
Apr 15, 2024
meyer megan d.
sold
-205,040
2.252
-91,048
president, sell direct & svcs.

1–10 of 50

Which funds bought or sold OPEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 04, 2024
DekaBank Deutsche Girozentrale
sold off
-100
-78,000
-
-%
May 24, 2024
Cetera Investment Advisers
new
-
369,415
369,415
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-604
1,264
-%
May 20, 2024
Virtu Financial LLC
new
-
726,000
726,000
0.06%
May 17, 2024
Plato Investment Management Ltd
added
208
33,979
65,218
0.01%
May 17, 2024
Kozak & Associates, Inc.
unchanged
-
-157
487
-%
May 16, 2024
COMERICA BANK
added
1,387
44,356
49,253
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-44.37
-9,723,320
5,864,850
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.98
-881,364
1,632,850
-%
May 16, 2024
SYLEBRA CAPITAL LLC
added
13.02
-27,708,300
89,907,500
2.99%

1–10 of 39

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
May 06, 2024
access industries management, llc
7.75%
53,598,914
SC 13D/A
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

Recent SEC filings of Opendoor Technologies Inc.

View All Filings
Date Filed Form Type Document
Jun 07, 2024
4
Insider Trading
Jun 05, 2024
4
Insider Trading
Jun 04, 2024
144
Notice of Insider Sale Intent
May 24, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 06, 2024
SC 13D/A
13D - Major Acquisition
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
3
Insider Trading
May 02, 2024
4
Insider Trading

Peers (Alternatives to Opendoor Technologies Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
30.7B
2.5B
-14.40% -9.25%
104.26
12.14
12.26% -19.88%
27.3B
32.5B
0.34% 13.56%
27.45
0.84
5.07% -12.07%
MID-CAP
11.4B
2.0B
8.55% 5.20%
-71.62
5.68
6.03% -14.39%
9.7B
21.2B
3.91% 35.29%
32.34
0.46
1.89% -39.82%
3.2B
404.1M
-6.71% 19.66%
39.16
7.87
55.15% 19.63%
2.4B
9.4B
-2.85% 18.90%
198.44
0.26
-5.93% -83.62%
2.1B
-
-8.93% -7.42%
5.85
2.52
18.22% 229.45%
SMALL-CAP
1.7B
4.4B
-17.09% -44.97%
-63.69
0.38
-1.38% -425.28%
219.0M
50.7M
-1.45% -32.67%
79.91
4.32
22.36% -99.25%
112.0M
44.5M
1.74% 27.12%
50.25
2.52
-24.76% -93.06%
64.4M
45.1M
-22.95% 65.33%
8.12
1.43
10.35% 24.96%
47.7M
145.1M
-6.84% -67.88%
-0.91
0.33
-5.22% 1.69%

Opendoor Technologies Inc. News

Latest updates
Seeking Alpha9 hours ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue35.7%1,181,000,000870,000,000980,000,0001,976,000,0003,120,000,0002,857,000,0003,361,000,0004,198,000,0005,151,000,0003,822,000,0002,266,000,0001,186,000,000747,000,000248,886,000338,613,000739,827,0001,255,795,0001,255,654,0001,210,645,0001,260,312,0001,013,972,000
Cost Of Revenue33.7%1,067,000,000798,000,000884,000,0001,827,000,0002,950,000,0002,786,000,0003,786,000,0003,712,000,0004,616,000,0003,550,000,0002,064,000,0001,027,000,000650,000,000210,197,000302,802,000685,253,0001,164,748,0001,182,360,000---
Gross Profit58.3%114,000,00072,000,00096,000,000149,000,000170,000,00071,000,000-425,000,000486,000,000535,000,000272,000,000202,000,000159,000,00097,000,00038,365,00035,811,00054,574,00091,047,00073,961,00077,160,00081,547,00068,582,000
Operating Expenses7.5%201,000,000187,000,000175,000,000217,000,000294,000,000342,000,000385,000,000454,000,000417,000,000374,000,000271,000,000311,000,000342,000,000104,827,00080,688,00093,426,000127,059,000139,629,000---
  S&GA Expenses27.0%113,000,00089,000,00085,000,000124,000,000188,000,000194,000,000260,000,000276,000,000276,000,000225,000,000153,000,00097,000,00069,000,00032,710,00027,336,00047,265,00081,689,00092,625,000---
  R&D Expenses-10.9%41,000,00046,000,00042,000,00039,000,00040,000,00048,000,00040,000,00041,000,00040,000,00032,000,00027,000,00024,000,00051,000,00010,191,00013,184,00016,838,00015,787,00013,785,000---
EBITDA Margin-3636.8%-0.010.00-0.03-0.09-0.08-0.06-0.040.00-0.01-0.06-0.09-0.18---------
Interest Expenses0%37,000,00037,000,00047,000,00053,000,00074,000,000113,000,000115,000,00089,000,00068,000,00073,000,00043,000,00016,000,00011,000,00010,607,00012,376,00017,290,00027,727,00028,886,000---
Income Taxes233.3%200,000-150,000-1,000,000300,000-1,000,0001,000,000--100,0001,000,000200,000--232,00035,00079,000120,000----
Earnings Before Taxes-19.8%-109,000,000-91,000,000-106,000,00024,000,000-101,000,000-448,000,000-927,000,000-53,000,00028,000,000-191,000,000-56,000,000-144,000,000-270,000,000-54,266,000-80,818,000-55,840,000-62,076,000-91,892,000---
EBT Margin-42.8%-0.06-0.04-0.07-0.13-0.11-0.09-0.07-0.02-0.03-0.08-0.12-0.22---------
Net Income-19.8%-109,000,000-91,000,000-106,000,00023,000,000-101,000,000-399,000,000-928,000,000-54,000,00028,000,000-191,000,000-57,000,000-144,000,000-270,000,000-87,792,000-80,853,000-55,919,000-62,196,000-91,722,000-89,736,000-75,139,000-82,573,000
Net Income Margin-42.8%-0.06-0.04-0.07-0.12-0.11-0.09-0.07-0.02-0.03-0.08-0.13-0.23---------
Free Cashflow66.2%-186,000,000-551,000,000-227,000,000931,000,0002,154,000,0001,391,000,000-335,000,000-1,903,000,0001,540,000,000100,000,000-3,604,000,000-1,914,000,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets-4.6%3,4043,5673,9474,2235,1126,6089,78410,1368,2729,5068,9694,8683,2722,1764154151,3242,2321,842
  Current Assets-4.7%3,2843,4453,8194,0934,9726,4669,5849,9458,0799,3408,8214,7393,1432,0531.001.00-2,0881,808
    Cash Equivalents-4.6%9539991,1541,1201,1431,7911,3272,2392,3121,7311,3591,5582,0401,506469458409685406
  Net PPE0%66.0066.0068.0062.0059.0058.0062.0054.0049.0045.0038.0034.0031.0029.0029.00--35.0018.00
  Goodwill0%4.004.004.004.004.004.0062.0060.0060.0060.0047.0031.0031.0031.0031.00--31.009.00
Liabilities-3.7%2,5052,6002,9273,1374,0765,5228,2967,7805,9257,2586,6062,4508886238631,1031,3431,5831,192
  Current Liabilities5.7%74.0070.0074.0088.004431,5053,6013,6062,8144,4004,2401,8106443936.000.000.001,1261,068
  Long Term Debt0%376376502501774959957956955954952------140-
    LT Debt, Current----------7.00-1,691597339122--1,0741,033
    LT Debt, Non Current0%376376502501774959957956955954952------140-
Shareholder's Equity-7.0%8999671,0201,0861,0361,0861,4882,3562,3472,2482,3632,4182,3841,5535.005.000.00-413
  Retained Earnings-3.3%-3,442-3,333-3,242-3,136-3,159-3,058-2,659-1,731-1,677-1,705-1,514-1,457-1,313-1,043-6.34-0.30-0.02-790-446
  Additional Paid-In Capital0.9%4,3414,3014,2634,2244,1984,1484,1524,0924,0283,9553,8773,8763,6972,59611.005.000.0057.0031.00
Shares Outstanding1.6%689678669657642637625622619593586588-------
Float----1,989---2,432---8,531---487---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations67.2%-178-542-2169402,1621,395-322-1,8931,550110-3,592-1,907-405-35587.00514436-0.02---
  Share Based Compensation3.1%33.0032.0031.0021.0042.00-7.0052.0059.0067.0071.0062.0016423929.003.004.003.004.00---
Cashflow From Investing650.0%22.00-4.003.0015.0030.0024.0027.00221-38.00-44.00-258-149-25.0029.0018.00-13.77-55.15-15.40---
Cashflow From Financing66.4%-98.00-292-213-809-1,325-2,7075201,770-1,3346694,0031,5631,1071,189-127-553-3460.00---
  Buy Backs----------------------
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OPEN Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
REVENUE$ 1,181.0$ 3,120.0
COST OF REVENUE1,067.02,950.0
GROSS PROFIT114.0170.0
OPERATING EXPENSES:  
Sales, marketing and operations113.0188.0
General and administrative47.066.0
Technology and development41.040.0
Total operating expenses201.0294.0
LOSS FROM OPERATIONS(87.0)(124.0)
GAIN ON EXTINGUISHMENT OF DEBT0.078.0
INTEREST EXPENSE(37.0)(74.0)
OTHER INCOME – Net15.019.0
LOSS BEFORE INCOME TAXES(109.0)(101.0)
INCOME TAX EXPENSE(0.2)(0.3)
NET LOSS$ (109.0)$ (101.0)
Net loss per share attributable to common shareholders:  
Basic (in dollars per share)$ (0.16)$ (0.16)
Diluted (in dollars per share)$ (0.16)$ (0.16)
Weighted-average shares outstanding:  
Basic (in shares)682,457,000641,916,000
Diluted (in shares)682,457,000641,916,000

OPEN Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents$ 953$ 999
Restricted cash333541
Marketable securities3769
Escrow receivable159
Real estate inventory, net1,8811,775
Other current assets6552
Total current assets3,2843,445
PROPERTY AND EQUIPMENT – Net6666
RIGHT OF USE ASSETS2325
GOODWILL44
INTANGIBLES – Net45
OTHER ASSETS2322
TOTAL ASSETS[1]3,4043,567
CURRENT LIABILITIES:  
Accounts payable and other accrued liabilities6964
Interest payable11
Lease liabilities - current portion45
Total current liabilities7470
NON-RECOURSE ASSET-BACKED DEBT – Net of current portion2,0362,134
CONVERTIBLE SENIOR NOTES376376
LEASE LIABILITIES – Net of current portion1819
OTHER LIABILITIES11
Total liabilities[2]2,5052,600
COMMITMENTS AND CONTINGENCIES (See Note 13)
SHAREHOLDERS’ EQUITY:  
Common stock, $0.0001 par value; 3,000,000,000 shares authorized; 688,560,794 and 677,636,163 shares issued, respectively; 688,560,794 and 677,636,163 shares outstanding, respectively00
Additional paid-in capital4,3414,301
Accumulated deficit(3,442)(3,333)
Accumulated other comprehensive loss0(1)
Total shareholders’ equity899967
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$ 3,404$ 3,567
[1]The Company’s consolidated assets at March 31, 2024 and December 31, 2023 include the following assets of certain variable interest entities (“VIEs”) that can only be used to settle the liabilities of those VIEs: Restricted cash, $322 and $530; Real estate inventory, net, $1,848 and $1,735; Escrow receivable, $14 and $8; Other current assets, $27 and $10; and Total assets of $2,211 and $2,283, respectively.
[2]The Company’s consolidated liabilities at March 31, 2024 and December 31, 2023 include the following liabilities for which the VIE creditors do not have recourse to Opendoor: Accounts payable and other accrued liabilities, $27 and $28; Interest payable, $1 and $1; Non-recourse asset-backed debt, net of current portion, $2,036 and $2,134; and Total liabilities, $2,064 and $2,163, 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 Thu Jun 13 2024, market cap of Opendoor Technologies Inc. is 1.45 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 Thu Jun 13 2024, OPEN's PE ratio (Price to Earnings) is -5.11 and Price to Sales (PS) ratio is 0.29. 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.