Opendoor Technologies Inc. (OPEN)

NASDAQ: OPEN · IEX Real-Time Price · USD
2.450
-0.120 (-4.67%)
At close: Jul 19, 2024, 4:00 PM
2.405
-0.045 (-1.84%)
After-hours: Jul 19, 2024, 7:59 PM EDT
-4.67%
Market Cap 1.69B
Revenue (ttm) 5.01B
Net Income (ttm) -283.00M
Shares Out 691.58M
EPS (ttm) -0.43
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 26,946,420
Open 2.462
Previous Close 2.570
Day's Range 2.345 - 2.510
52-Week Range 1.680 - 5.410
Beta 2.70
Analysts Hold
Price Target 3.61 (+47.35%)
Earnings Date Aug 1, 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 9 analysts, the average rating for OPEN stock is "Hold." The 12-month stock price forecast is $3.61, which is an increase of 47.35% from the latest price.

Price Target
$3.61
(47.35% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

11 days 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...

2 months ago - GlobeNewsWire

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...

2 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 ...

2 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
3 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...

3 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...

3 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
4 months ago - Yahoo Finance

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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 ...

7 months ago - PYMNTS

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...

7 months ago - TechCrunch

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.

7 months ago - Barrons

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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.

Other symbols: COMPOPADRDFN
9 months ago - Invezz

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...

10 months ago - GlobeNewsWire

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...

11 months ago - Business Wire

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...

11 months ago - GlobeNewsWire

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.

Other symbols: AMZN
1 year ago - CNBC Television

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...

Other symbols: RDFN
1 year ago - Market Watch

Opendoor shares sink on weak outlook despite profitable Q2

CNBC's Deirdre Bosa reports on news from Opendoor's quarterly earnings results.

1 year ago - CNBC Television