Opendoor Technologies (OPEN) Stock Price, News & Analysis

Company Overview

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 estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, real estate licenses, and construction services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

Key Stats

• Today's Range: $1.87 to $2.20
• 50-Day Range: $0.51 to $3.21
• 52-Week Range: $0.51 to $4.97
• Volume: 187.21 million shs
• Average Volume: 220.47 million shs
• Market Capitalization: $1.53 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.55
• Consensus Rating: Hold

Opendoor Technologies Stock Analysis - MarketRank™

Opendoor Technologies scored higher than 50% of companies evaluated by MarketBeat, and ranked 401st out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Opendoor Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Opendoor Technologies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Opendoor Technologies are expected to grow in the coming year, from ($0.55) to ($0.51) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Opendoor Technologies is -4.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Opendoor Technologies is -4.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Opendoor Technologies has a P/B Ratio of 2.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.07% of the outstanding shares of Opendoor Technologies have been sold short.

Short Interest Ratio / Days to Cover

Opendoor Technologies has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Opendoor Technologies has recently increased by 2.32%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Opendoor Technologies does not currently pay a dividend.

Dividend Growth

Opendoor Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.95

Percentage of Shares Shorted

19.07% of the outstanding shares of Opendoor Technologies have been sold short.

Short Interest Ratio / Days to Cover

Opendoor Technologies has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Opendoor Technologies has recently increased by 2.32%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.15

News Sentiment

Opendoor Technologies has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Opendoor Technologies this week, compared to 5 articles on an average week.

Search Interest

243 people have searched for OPEN on MarketBeat in the last 30 days. This is an increase of 1,419% compared to the previous 30 days.

MarketBeat Follows

57 people have added Opendoor Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 1,325% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Opendoor Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $543,258.00 in company stock.

Percentage Held by Insiders

Only 1.96% of the stock of Opendoor Technologies is held by insiders.

Percentage Held by Institutions

62.36% of the stock of Opendoor Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OPEN Stock Analysis - Frequently Asked Questions

How have OPEN shares performed this year?

Opendoor Technologies' stock was trading at $1.60 at the start of the year. Since then, OPEN stock has increased by 31.3% and is now trading at $2.10.

How were Opendoor Technologies' earnings last quarter?

Opendoor Technologies Inc. (NASDAQ:OPEN) released its quarterly earnings data on Wednesday, November, 10th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.09. The technology company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $1.97 billion. Opendoor Technologies had a negative trailing twelve-month return on equity of 44.74% and a negative net margin of 7.18%.
Read the conference call transcript.

Does Opendoor Technologies have any subsidiaries?

The following companies are subsidiaries of Opendoor Technologies: RedDoor, Pro.com, OS National, Open Listings, Digital Opendoor Insurance Services LLC, OD Arizona D LLC, OD Equity Owner D LLC, and others.

Who are Opendoor Technologies' major shareholders?

Top institutional investors of Opendoor Technologies include Jennison Associates LLC (0.07%), Signaturefd LLC (0.07%), Y Intercept Hong Kong Ltd (0.06%) and Public Employees Retirement System of Ohio (0.03%). Insiders that own company stock include Eric Chung-Wei Wu, Carrie Wheeler, Megan D Meyer, Ah Kee Andrew Low, Sydney Schaub, Daniel Morillo and Christina Schwartz.
View institutional ownership trends.

How do I buy shares of Opendoor Technologies?

Shares of OPEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Opendoor Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Opendoor Technologies investors own include CRISPR Therapeutics (CRSP), Pure Storage (PSTG), Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Enovix (ENVX), COMPASS Pathways (CMPS) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 8/01/2025
• Next Earnings (Estimated): 8/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Internet Software & Services
• Current Symbol: NASDAQ:OPEN
• CIK: 1801169
• Web: www.opendoor.com
• Phone: 480-618-6760
• Fax: N/A
• Employees: 1,470
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Opendoor Technologies: $1.55
• High Price Target: $1.85
• Low Price Target: $1.20
• Potential Upside/Downside: -26.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$392 million
• Net Margins: -7.18%
• Pretax Margin: -7.16%
• Return on Equity: -44.74%
• Return on Assets: -10.19%

Debt

• Debt-to-Equity Ratio: 2.43
• Current Ratio: 2.99
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $5.15 billion
• Price / Sales: 0.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.99 per share
• Price / Book: 2.12

Miscellaneous

• Outstanding Shares: 728,900,000
• Free Float: 714,611,000
• Market Cap: $1.53 billion
• Optionable: Optionable
• Beta: 2.78