Opendoor Technologies Inc. (OPEN)
Market Cap | 1.52B |
Revenue (ttm) | 4.94B |
Net Income (ttm) | -370.00M |
Shares Out | 715.07M |
EPS (ttm) | -0.54 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 19,242,948 |
Open | 2.070 |
Previous Close | 2.130 |
Day's Range | 2.050 - 2.150 |
52-Week Range | 1.520 - 4.890 |
Beta | 2.77 |
Analysts | Hold |
Price Target | 2.84 (+33.75%) |
Earnings Date | Nov 7, 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, Opendoor'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 5 analysts, the average rating for OPEN stock is "Hold." The 12-month stock price forecast is $2.84, which is an increase of 33.75% from the latest price.
News
Opendoor: Beaten And Forgotten
Interest rate cuts were supposed to help Opendoor — but they did little to fuel growth. Exisitng home sales remain below 4M, the lowest since 1995. Elevated housing market uncertainty forced Opendoor ...
Opendoor Technologies Inc. (OPEN) Q3 2024 Earnings Call Transcript
Opendoor Technologies Inc. (NASDAQ:OPEN) Q3 2024 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Kimberly Niehaus - IR Carrie Wheeler - CEO Christy Schwartz - Interim CFO Co...
Opendoor Announces Third Quarter of 2024 Financial Results
SAN FRANCISCO, Nov. 07, 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 Third Quarter 2024 Financial Results on November 7th, 2024
SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it...
Opendoor: Left Behind By Recent Market Recovery - Maintain Speculative Buy
OPEN's underwhelming FQ3'24 guidance has triggered its stock underperformance compared to its peers/wider market, despite the potential tailwinds from the Fed's recent pivot. Even so, the US average m...
Opendoor Appoints Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer
Alphabet Inc. and eBay vet named Chief Financial Officer LegalZoom and Intuit vet named Chief Technology & Product Officer SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (...
David Benson joins Opendoor Board of Directors
SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that D...
Opendoor Technologies Inc. (OPEN) 2024 Goldman Sachs Communacopia and Technology Conference (Transcript)
Opendoor Technologies Inc. (NASDAQ:OPEN) 2024 Goldman Sachs Communacopia and Technology Conference Call September 9, 2024 7:25 PM ET Company Participants Carrie Wheeler - Chief Executive Officer Conf...
Opendoor to Present at Goldman Sachs Communacopia & Technology Conference
SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler,...
'THE NEXT NVIDIA': Wall Street expert names 3 stocks that could explode
EMJ Capital founder Eric Jackson discusses why some on Wall Street have soured on Nvidia and whether generative A.I. will live up to the hype on 'Making Money.
Proptech stocks analysis: Zillow Group vs Opendoor
Property technology stocks have had a rough ride in the past few years as the industry has faced stiff competition, weak demand because of high interest rates, and a tough regulatory decision that has...
Opendoor: Outperformance Is Not Enough
Virtually every single metric in Opendoor's Q2 earnings report beat management's guidance and analyst expectations. However, the company issued soft guidance against a weakening housing market. Despit...
Intel Reports Weak Results, Joins Amazon, Opendoor Technologies And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 300 points on Friday.
Opendoor Technologies Inc. (OPEN) Q2 2024 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:38 PM ET Opendoor Technologies Inc. (NASDAQ:OPEN) Q2 2024 Earnings Conference Call August 01, 2024, 17:00 PM ET Company Participants Carrie Wheeler - CEO Christy S...
Opendoor Announces Second Quarter of 2024 Financial Results
SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for...
Opendoor: The Fed Pivot May Jumpstart Its Prospects
OPEN had naturally underperformed the wider market once the inflation rose and the Fed hiked interest rates in early 2022. With those headwinds behind us, OPEN now offers a compelling investment thesi...
Opendoor to Report Second Quarter 2024 Financial Results on August 1st, 2024
SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it...
Opendoor to Present at J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Car...
5 Reasons To Buy Opendoor
Opendoor stock has dropped nearly 50% this year after a strong rally in 2023. Because of this, many investors might have lost hope for Opendoor stock. Yes, there are valid arguments against Opendoor s...
Opendoor Technologies Inc (OPEN) Q1 2024 Earnings Call Transcript
Opendoor Technologies Inc (NASDAQ:OPEN) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Kimberly Niehaus - Investor Relations Carrie Wheeler - Chief Executive Officer Chr...
Eric Feder joins Opendoor Board of Directors
SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Eri...
Opendoor Announces First Quarter of 2024 Financial Results
SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for ...
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...