Opendoor Technologies Inc. (OPEN)
Market Cap | 1.46B |
Revenue (ttm) | 6.95B |
Net Income (ttm) | -275.00M |
Shares Out | 679.64M |
EPS (ttm) | -0.42 |
PE Ratio | n/a |
Forward PE | 40.32 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 11,739,676 |
Open | 2.180 |
Previous Close | 2.160 |
Day's Range | 2.110 - 2.270 |
52-Week Range | 1.250 - 5.410 |
Beta | 2.65 |
Analysts | Hold |
Price Target | 3.37 (+56.38%) |
Earnings Date | May 2, 2024 |
About OPEN
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. It also provides real estat... [Read more]
Financial Performance
In 2023, OPEN's revenue was $6.95 billion, a decrease of -55.38% compared to the previous year's $15.57 billion. Losses were -$275.00 million, -79.67% less than in 2022.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for OPEN stock is "Hold." The 12-month stock price forecast is $3.37, which is an increase of 56.38% from the latest price.
News
Top 3 Real Estate Stocks That Could Lead To Your Biggest Gains This Quarter - American Tower (NYSE:AMT), Opendoor Technologies (NASDAQ:OPEN)
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Opendoor to Report First Quarter 2024 Financial Results on May 2nd, 2024
SAN FRANCISCO, April 04, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that i...
Nearly 55,000 home sellers to receive $62 million in refunds from Opendoor
Nearly 55,000 home sellers who sold their houses to Opendoor Technologies Inc. OPEN, +3.24% will receive checks after the real-estate company settled a lawsuit alleging that it misled people into sell...
National Association Realtors settles commission lawsuits, agrees to pay $418 million
Real estate stocks are under pressure Friday after the National Association of Realtors (NAR) reached a settlement agreement to resolve various lawsuits related to commission practices. The associatio...
Opendoor to Present at Morgan Stanley Technology, Media & Telecom Conference
SAN FRANCISCO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Ca...
Opendoor Announces Fourth Quarter and Full Year 2023 Financial Results
SAN FRANCISCO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for...
Opendoor to Report Fourth Quarter 2023 Financial Results on February 15th, 2024
SAN FRANCISCO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it...
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but will remain an advisor to the ...
Opendoor co-founder Eric Wu is stepping down to return to his startup roots
Opendoor co-founder Eric Wu is stepping down from the real estate tech company, according to an SEC filing. In a statement, Wu said: “After ten years, I am called to get back to my startup roots and c...
Opendoor Stock Pops Again. What's Behind the Rally—and Can It Last?
Shares of the real-estate platform are on track for their best year on record.
Opendoor to Present at UBS Global Technology Conference
SAN FRANCISCO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Ca...
Dana Hamilton joins Opendoor Board of Directors
SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced Dana Ha...
Opendoor Announces Third Quarter of 2023 Financial Results
SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for...
Opendoor Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that on...
US mortgage rates hit 8%: Is it safe to buy RDFN, COMP, OPAD, OPEN stocks dip?
US mortgage rates are soaring as investors predict that the Federal Reserve will continue hiking rates for longer. They jumped to 8% on Thursday for the first time in 23 years.
Opendoor to Report Third Quarter 2023 Financial Results on November 2nd, 2023
SAN FRANCISCO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it...
Addressable Hires COO from Opendoor, Crosses $2 Bil in Client Sales
LOS ANGELES--(BUSINESS WIRE)--Addressable, the real estate marketing platform that utilizes robots, artificial intelligence, and proprietary homeowner data to help agents with lead generation, is deli...
Opendoor to Present at Goldman Sachs Communacopia & Technology Conference
SAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Ca...
Amazon shares surge, while Opendoor's sink after quarterly report
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss the stock movement of Amazon and Opendoor.
Opendoor stock is on pace for its second-worst day ever, while Redfin is on pace for its third worst, as sales forecasts come up short
Shares of tech-focused real-estate firm Redfin Corp. and online home-buying platform Opendoor Technologies Inc. were hit hard on Friday, after both companies a day earlier gave weaker-than-expected sa...
Opendoor shares sink on weak outlook despite profitable Q2
CNBC's Deirdre Bosa reports on news from Opendoor's quarterly earnings results.
Opendoor Announces Second Quarter of 2023 Financial Results
SAN FRANCISCO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for...
Sell Opendoor and Redfin, Analyst Says. The Rally Is Overdone.
"We think the housing market recovery is more than priced into the shares," an analyst says.
Opendoor to Report Second Quarter 2023 Financial Results on August 3rd, 2023
SAN FRANCISCO, July 06, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it...
FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm
The platforms surged — many of them anyway. And yet the FinTech IPO Index was up a muted 1.5% headed into the end of the second quarter and headed into a trading week that will be shortened by the J...