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Opendoor Technologies (OPEN)
NASDAQ:OPEN
Opendoor Technologies (OPEN) Stock Price & Analysis
4,458 Followers
OPEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.68 - $5.41
Previous Close$2.58
Volume20.80M
Average Volume (3M)18.07M
Market Cap
$1.74B
Enterprise Value$3.19B
Total Cash (Recent Filing)$990.00M
Total Debt (Recent Filing)$2.43B
Price to Earnings (P/E)―
Beta3.68
Next Earnings
Aug 01, 2024EPS Estimate
-$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.42
Shares Outstanding691,575,980
10 Day Avg. Volume17,146,140
30 Day Avg. Volume18,072,523
Standard Deviation0.32
R-Squared0.25
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)1.47
Price to Sales (P/S)0.19
Price to Cash Flow (P/CF)-1.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.64
Enterprise Value/Gross Profit6.54
Enterprise Value/Ebitda2.09
Forecast
1Y Price Target
$2.50Price Target Upside3.73% Upside
Rating ConsensusHold
Number of Analyst Covering10
Opendoor Technologies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOpendoor delivered a strong 1Q print, beating estimates, as homes sold outpaced expectations.
Market PositionOpendoor is well-positioned for market share gains as industry conditions normalize.
Partnerships And GrowthThe eXp Realty partnership is expected to drive incremental acquisitions and build agent and seller awareness.
Bears Say
Business ModelAnalyst remains Sell rated given the capital intensity of OPEN's business model, OPEN's negative ROE and net income that reflect the inherent challenges in the iBuyer business model.
Financial PerformanceThere is still progress to be made to get to break even Adjusted Net Income, macro headwinds persist, and with narrow margins the iBuying business is still unsteady in that environment.
RevenueThe 2Q revenue guide was 8%/2% below expectations at the midpoint, reflecting broader housing market uncertainty and mortgage rate volatility.
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Ownership Overview
25.65% Insiders
19.79% Mutual Funds
20.99% Other Institutional Investors
33.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Opendoor Technologies
Desktop Users
Mobile Users
OPEN FAQ
What was Opendoor Technologies’s price range in the past 12 months?
Opendoor Technologies lowest stock price was $1.68 and its highest was $5.41 in the past 12 months.
What is Opendoor Technologies’s market cap?
Currently, no data Available
When is Opendoor Technologies’s upcoming earnings report date?
Opendoor Technologies’s upcoming earnings report date is Aug 01, 2024 which is in 6 days.
How were Opendoor Technologies’s earnings last quarter?
Opendoor Technologies released its earnings results on May 02, 2024. The company reported -$0.16 earnings per share for the quarter, beating the consensus estimate of -$0.209 by $0.049.
Is Opendoor Technologies overvalued?
According to Wall Street analysts Opendoor Technologies’s price is currently Undervalued.
Does Opendoor Technologies pay dividends?
Opendoor Technologies does not currently pay dividends.
What is Opendoor Technologies’s EPS estimate?
Opendoor Technologies’s EPS estimate is -$0.14.
How many shares outstanding does Opendoor Technologies have?
Opendoor Technologies has 691,576,000 shares outstanding.
What happened to Opendoor Technologies’s price movement after its last earnings report?
Opendoor Technologies reported an EPS of -$0.16 in its last earnings report, beating expectations of -$0.209. Following the earnings report the stock price went up 8.867%.
Which hedge fund is a major shareholder of Opendoor Technologies?
Among the largest hedge funds holding Opendoor Technologies’s share is Gotham Asset Management LLC. It holds Opendoor Technologies’s shares valued at 4M.
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Opendoor Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.50 (3.73% Upside)
$2.50 (3.73% Upside)
Blogger Sentiment
Bullish
OPEN Sentiment 73%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 257.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.45%
12-Months-Change
Fundamentals
Return on Equity
-29.25%
Trailing 12-Months
Asset Growth
-33.41%
Trailing 12-Months
Company Description
Opendoor Technologies
Social Capital Hedosophia Holdings Corp II is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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OPEN Earnings Call
Q1 2024
0:00 / 0:00
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OPEN Stock 12 Month Forecast
Average Price Target
$2.50
▲(3.73% Upside)
Technical Analysis
Best Analysts Covering OPEN
1 Year
1 Year Success Rate
6/10 ratings generated profit
1 Year Average Return
+15.09%
reiterated a sell rating 3 months ago
Copying Curtis Nagle's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +15.09% per trade.
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