Opendoor Technologies Inc. (OPEN)

Opendoor Statistics

Total Valuation

OPEN has a market cap or net worth of $1.19 billion. The enterprise value is $2.88 billion.

Market Cap	1.19B
Enterprise Value	2.88B

Important Dates

The next estimated earnings date is Thursday, February 13, 2025, after market close.

Earnings Date	Feb 13, 2025
Ex-Dividend Date	n/a

Share Statistics

OPEN has 715.07 million shares outstanding. The number of shares has increased by 6.31% in one year.

Current Share Class	715.07M
Shares Outstanding	715.07M
Shares Change (YoY)	+6.31%
Shares Change (QoQ)	+1.72%
Owned by Insiders (%)	3.20%
Owned by Institutions (%)	54.73%
Float	638.57M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.23
Forward PS	0.21
PB Ratio	1.47
P/TBV Ratio	1.49
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.58
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 4.53, with a Debt / Equity ratio of 3.16.

Current Ratio	4.53
Quick Ratio	1.16
Debt / Equity	3.16
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-2.38

Financial Efficiency

Return on equity (ROE) is -40.64% and return on invested capital (ROIC) is -5.68%.

Return on Equity (ROE)	-40.64%
Return on Assets (ROA)	-5.57%
Return on Capital (ROIC)	-5.68%
Revenue Per Employee	$2.49M
Profits Per Employee	-$186,680
Employee Count	1,982
Asset Turnover	1.34
Inventory Turnover	2.62

Taxes

In the past 12 months, OPEN has paid $1.00 million in taxes.

Income Tax	1.00M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -63.76% in the last 52 weeks. The beta is 2.77, so OPEN's price volatility has been higher than the market average.

Beta (5Y)	2.77
52-Week Price Change	-63.76%
50-Day Moving Average	1.89
200-Day Moving Average	2.13
Relative Strength Index (RSI)	35.38
Average Volume (20 Days)	37,515,592

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, OPEN had revenue of $4.94 billion and -$370.00 million in losses. Loss per share was -$0.54.

Revenue	4.94B
Gross Profit	420.00M
Operating Income	-328.00M
Pretax Income	-397.00M
Net Income	-370.00M
EBITDA	-276.00M
EBIT	-328.00M
Loss Per Share	-$0.54

Balance Sheet

The company has $837.00 million in cash and $2.53 billion in debt, giving a net cash position of -$1.70 billion or -$2.37 per share.

Cash & Cash Equivalents	837.00M
Total Debt	2.53B
Net Cash	-1.70B
Net Cash Per Share	-$2.37
Equity (Book Value)	801.00M
Book Value Per Share	1.13
Working Capital	2.54B

Cash Flow

In the last 12 months, operating cash flow was -$1.06 billion and capital expenditures -$31.00 million, giving a free cash flow of -$1.09 billion.

Operating Cash Flow	-1.06B
Capital Expenditures	-31.00M
Free Cash Flow	-1.09B
FCF Per Share	-$1.52

Margins

Gross margin is 8.50%, with operating and profit margins of -6.64% and -7.49%.

Gross Margin	8.50%
Operating Margin	-6.64%
Pretax Margin	-7.47%
Profit Margin	-7.49%
EBITDA Margin	-5.59%
EBIT Margin	-6.64%
FCF Margin	n/a

Dividends & Yields

OPEN does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-6.31%
Shareholder Yield	-6.31%
Earnings Yield	-31.17%
FCF Yield	-91.66%

Analyst Forecast

The average price target for OPEN is $2.37, which is 42.77% higher than the current price. The consensus rating is "Hold".

Price Target	$2.37
Price Target Difference	42.77%
Analyst Consensus	Hold
Analyst Count	4
Revenue Growth Forecast (5Y)	8.47%
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

OPEN has an Altman Z-Score of 0.95 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.95
Piotroski F-Score	3