Opendoor Technologies Inc
General ticker "OPEN" information:
- Sector: Real Estate
- Industry: Real Estate Management & Development
- Capitalization: $1.4B
Opendoor Technologies Inc does not follow the US Stock Market performance with the rate: -13.4%.
Estimated limits based on current volatility of 4.0%: low 1.66$, high 1.80$
Factors to consider:
- Current price 47.3% below estimated low
- 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [3.21$, 6.82$]
- 2024-12-30 to 2025-12-30 estimated range: [3.16$, 6.57$]
Financial Metrics affecting the OPEN estimates:
- Negative: Non-GAAP EPS, $ of -1.21 <= 0.10
- Negative: Operating profit margin, % of -5.26 <= 1.03
- Positive: Operating cash flow per share per price, % of 95.95 > 12.76
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 2.93 <= 3.85
- Positive: Inventory ratio change, % of -1.92 <= -1.03
Short-term OPEN quotes
Long-term OPEN plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $8,021.00MM | $15,567.00MM | $6,946.00MM |
| Operating Expenses | $8,589.00MM | $16,498.00MM | $7,332.00MM |
| Operating Income | $-568.00MM | $-931.00MM | $-386.00MM |
| Non-Operating Income | $-93.00MM | $-420.00MM | $112.00MM |
| Interest Expense | $143.00MM | $385.00MM | $211.00MM |
| R&D Expense | $134.00MM | $169.00MM | $167.00MM |
| Income(Loss) | $-661.00MM | $-1,351.00MM | $-274.00MM |
| Taxes | $1.00MM | $2.00MM | $1.00MM |
| Profit(Loss) | $-662.00MM | $-1,353.00MM | $-275.00MM |
| Stockholders Equity | $2,248.00MM | $1,086.00MM | $967.00MM |
| Inventory | $6,096.00MM | $4,460.00MM | $1,775.00MM |
| Assets | $9,506.00MM | $6,608.00MM | $3,567.00MM |
| Operating Cash Flow | $-5,794.00MM | $730.00MM | $2,344.00MM |
| Capital expenditure | $34.00MM | $37.00MM | $37.00MM |
| Investing Cash Flow | $-476.00MM | $234.00MM | $44.00MM |
| Financing Cash Flow | $7,342.00MM | $-1,751.00MM | $-2,639.00MM |
| Earnings Per Share* | $-1.12 | $-2.16 | $-0.42 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.