Opendoor Technologies Inc. (OPEN)

NASDAQ: OPEN · Real-Time Price · USD
1.830
-0.030 (-1.61%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.61%
Market Cap 1.29B
Revenue (ttm) 4.54B
Net Income (ttm) -398.00M
Shares Out 703.00M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,684,971
Open 1.840
Previous Close 1.860
Day's Range 1.770 - 1.890
52-Week Range 1.580 - 4.890
Beta 2.68
Analysts Hold
Price Target 2.77 (+51.37%)
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]

Sector Real Estate
Founded 2014
Employees 1,982
Stock Exchange NASDAQ
Ticker Symbol OPEN
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for OPEN stock is "Hold." The 12-month stock price forecast is $2.77, which is an increase of 51.37% from the latest price.

Price Target
$2.77
(51.37% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

11 days ago - GlobeNewsWire

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...

17 days ago - Seeking Alpha

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. (...

20 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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,...

7 weeks ago - GlobeNewsWire

'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.

Other symbols: UPST
7 weeks ago - Fox Business

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...

Other symbols: Z
7 weeks ago - Invezz

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...

2 months ago - Seeking Alpha

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.

Other symbols: AMZNINTC
2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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.

Other symbols: AMTZ
6 months ago - Benzinga

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...

7 months ago - GlobeNewsWire

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...

7 months ago - Market Watch

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...

Other symbols: COMPHOUSRDFNZZG
7 months ago - Yahoo Finance

Opendoor Technologies, Inc. (OPEN) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Opendoor Technologies, Inc. (NASDAQ:OPEN) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 4:25 PM ET Company Participants Carrie Wheeler - Chief Executive Officer Conference Call ...

8 months ago - Seeking Alpha

Opendoor Remains Attractive For Opportunistic Investors Looking For The Great Upside

OPEN has executed brilliantly, attributed to the improving spreads and healthier inventory levels, triggering its expanded profit margins. We may expect the same cadence in FY2024, based on the manage...

8 months ago - Seeking Alpha