Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Opendoor Technologies (OPEN)
NASDAQ:OPEN
Opendoor Technologies (OPEN) Stock Price & Analysis
4,418 Followers
OPEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.68 - $5.41
Previous Close$1.79
Volume8.40M
Average Volume (3M)15.15M
Market Cap
$1.24B
Enterprise Value$2.68B
Total Cash (Recent Filing)$990.00M
Total Debt (Recent Filing)$2.43B
Price to Earnings (P/E)―
Beta3.79
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. Volume15,150,949
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/Revenue0.54
Enterprise Value/Gross Profit5.51
Enterprise Value/Ebitda1.76
Forecast
1Y Price Target
$2.50Price Target Upside42.05% 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.
Management And Operational ImprovementsOpendoor has evolved from the 2022 crisis as a much better managed company, with better focus and guard rails around risk, and a much more measured view on how the company should grow.
Market PositionOpendoor is well-positioned for market share gains as industry conditions normalize.
Bears Say
Business ModelThe iBuying business is still unsteady in an environment of narrow margins and macro headwinds.
Financial PerformanceRevenue and EBITDA estimates have been adjusted to reflect prevailing real estate market headwinds.
Market PositionOPEN might have to reduce the seller fee to stay competitive, which could negate some benefits from lower buyside commissions.
---
Ownership Overview
25.67% Insiders
19.76% Mutual Funds
20.12% Other Institutional Investors
34.45% 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 29 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.
---
Opendoor Technologies Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2.50 (42.05% Upside)
$2.50 (42.05% Upside)
Blogger Sentiment
Bullish
OPEN Sentiment 66%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 257.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-55.47%
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.
---
OPEN Earnings Call
Q1 2024
0:00 / 0:00
---
OPEN Stock 12 Month Forecast
Average Price Target
$2.50
▲(42.05% Upside)
Technical Analysis
Best Analysts Covering OPEN
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+26.19%
reiterated a sell rating 2 months ago
Copying Curtis Nagle's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +26.19% per trade.
---