Opendoor Technologies Inc.
General ticker "OPEN" information:
- Sector: Real Estate
- Industry: Real Estate - Services
- Capitalization: $2.1B (TTM average)
Opendoor Technologies Inc. follows the US Stock Market performance with the rate: 50.8%.
Estimated limits based on current volatility of 4.8%: low 6.38$, high 7.02$
Factors to consider:
- Total employees count: 1470 (-25.8%) as of 2024
- Top business risk factors: Cybersecurity threats, Reputation and brand risks, Labor/talent shortage/retention, Real estate market risks, Operational and conduct risks
- Current price 168.0% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.25$, 2.71$]
- 2025-12-31 to 2026-12-31 estimated range: [1.14$, 2.49$]
Financial Metrics affecting the OPEN estimates:
- Positive: with PPE of -4.5 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -51.01 <= 0.04
- Positive: 19.35 < Shareholder equity ratio, % of 22.81 <= 42.53
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Investing cash flow per share per price, % of 2.40 > -0.62
- Positive: -9.48 < Industry operating profit margin (median), % of -1.93
Short-term OPEN quotes
Long-term OPEN plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $15,567.00MM | $6,946.00MM | $5,153.00MM |
| Operating Expenses | $16,498.00MM | $7,332.00MM | $5,473.00MM |
| Operating Income | $-931.00MM | $-386.00MM | $-320.00MM |
| Non-Operating Income | $-420.00MM | $112.00MM | $-71.00MM |
| Interest Expense | $385.00MM | $211.00MM | $133.00MM |
| R&D Expense | $169.00MM | $167.00MM | $141.00MM |
| Income(Loss) | $-1,351.00MM | $-274.00MM | $-391.00MM |
| Taxes | $2.00MM | $1.00MM | $1.00MM |
| Profit(Loss)* | $-1,353.00MM | $-275.00MM | $-392.00MM |
| Stockholders Equity | $1,086.00MM | $967.00MM | $713.00MM |
| Inventory | $4,460.00MM | $1,775.00MM | $2,159.00MM |
| Assets | $6,608.00MM | $3,567.00MM | $3,126.00MM |
| Operating Cash Flow | $730.00MM | $2,344.00MM | $-595.00MM |
| Capital expenditure | $37.00MM | $37.00MM | $25.00MM |
| Investing Cash Flow | $234.00MM | $44.00MM | $28.00MM |
| Financing Cash Flow | $-1,751.00MM | $-2,639.00MM | $-210.00MM |
| Earnings Per Share** | $-2.16 | $-0.42 | $-0.56 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.