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Opendoor Technologies (OPEN)
NASDAQ:OPEN
Holding OPEN?
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OPEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.58 - $4.89
Previous Close$2.2
Volume46.35M
Average Volume (3M)27.90M
Market Cap
$1.55B
Enterprise Value$3.19B
Total Cash (Recent Filing)$809.00M
Total Debt (Recent Filing)$2.45B
Price to Earnings (P/E)―
Beta4.02
Next Earnings
Oct 31, 2024EPS Estimate
-$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.59
Shares Outstanding703,004,574
10 Day Avg. Volume42,842,929
30 Day Avg. Volume27,903,904
Standard Deviation0.32
R-Squared0.24
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)1.82
Price to Sales (P/S)0.34
Price to Cash Flow (P/CF)-1.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit6.55
Enterprise Value/Ebitda-6.75
Forecast
1Y Price Target
$2.29Price Target Upside4.57% Upside
Rating ConsensusHold
Number of Analyst Covering8
Opendoor Technologies News
PremiumCompany Announcements
Opendoor Technologies Welcomes David Benson to Board
PremiumPress Releases
David Benson joins Opendoor Board of Directors
Bulls Say, Bears Say
Bulls Say
Cost StructureA focus on containing operating expenses and remaining disciplined on home acquisition economics should position the company to drive toward profitability.
Financial PerformanceOpendoor delivered a strong 2Q print, beating street estimates, with homes sold outpacing expectations and driving contribution profit margins to 6.3%.
RevenueHigher-than-expected home sales drove a revenue beat, which also led to higher EBITDA, offsetting lower gross margin.
Bears Say
Market EnvironmentThe unfavorable pricing environment and uncertain macro backdrop could suppress transaction velocity and/or profitability in the near-term.
ProfitabilityThere are ongoing concerns over Opendoor’s ability to generate profitability and cash flow.
RevenueThe 3Q revenue guide came in well below street estimates heading into the print with the mid-point for revenue lower by 22% and for contribution profit 58% lower.
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Ownership Overview
25.12% Insiders
19.99% Mutual Funds
33.84% Other Institutional Investors
21.06% 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 $1.58 and its highest was $4.89 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 Oct 31, 2024 which is in 41 days.
How were Opendoor Technologies’s earnings last quarter?
Opendoor Technologies released its earnings results on Aug 01, 2024. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.144 by $0.014.
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 -$0.18.
How many shares outstanding does Opendoor Technologies have?
Opendoor Technologies has 703,004,600 shares outstanding.
What happened to Opendoor Technologies’s price movement after its last earnings report?
Opendoor Technologies reported an EPS of -$0.13 in its last earnings report, beating expectations of -$0.144. Following the earnings report the stock price went down -12.676%.
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 2M.
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Opendoor Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.29 (4.57% Upside)
$2.29 (4.57% Upside)
Blogger Sentiment
Bullish
OPEN Sentiment 73%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 85.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $169.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.03%
12-Months-Change
Fundamentals
Return on Equity
-41.22%
Trailing 12-Months
Asset Growth
-20.15%
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
Q2 2024
0:00 / 0:00
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OPEN Stock 12 Month Forecast
Average Price Target
$2.29
▲(4.57% Upside)
Technical Analysis
Best Analysts Covering OPEN
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+16.52%
assigned a sell rating 2 months ago
Copying Curtis Nagle's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +16.52% per trade.
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