Symbols / OPEN Stock $4.53 -0.88% Opendoor Technologies Inc.

Real Estate • Real Estate Services • United States • NMS
OPEN (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry Real Estate Services
CEO Mr. Kasra Nejatian
Exch · Country NMS · United States
Market Cap 4.37B
Enterprise Value 4.71B
Income -1.39B
Sales 3.94B
FCF (ttm) 1.18B
Book/sh 1.05
Cash/sh 1.04
Employees 1,042
Insider 10d —
IPO Jun 18, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -382.60
PEG —
P/S 1.11
P/B 4.31
P/C —
EV/EBITDA -13.97
EV/Sales 1.20
Quick Ratio 3.15
Current Ratio 7.07
Debt/Eq 140.25
LT Debt/Eq —
EPS (ttm) -1.76
EPS next Y -0.01
EPS Growth —
Revenue Growth -37.60%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-07
ROA -8.42%
ROE -173.61%
ROIC —
Gross Margin 8.20%
Oper. Margin -22.08%
Profit Margin -35.25%
Shs Outstand 964.74M
Shs Float 949.45M
Insider Own 4.94%
Instit Own 49.38%
Short Float 14.74%
Short Ratio 3.62
Short Interest 126.65M
52W High 10.87
vs 52W High -58.33%
52W Low 0.51
vs 52W Low 791.73%
Beta —
Impl. Vol. 67.97%
Rel Volume 1.12
Avg Volume 36.65M
Volume 41.00M
Target (mean) $4.82
Tgt Median $5.00
Tgt Low $1.00
Tgt High $8.00
# Analysts 7
Recom Hold
Prev Close $4.57
Price $4.53
Change -0.88%
About

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes through online e-commerce platform. The company also resells the home to a home buyer. In addition, it offers real estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, real estate licenses, and construction services. The company was formerly known as Social Capital Hedosophia Holdings Corp. II and changed its name to Opendoor Technologies Inc. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.82
Mean price target
2. Current target
$4.53
Latest analyst target
3. DCF / Fair value
$21.97
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.53
Low
$1.00
High
$8.00
Mean
$4.82

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-08-06 main Deutsche Bank Hold → Hold $2
2024-08-02 main JMP Securities Market Outperform → Market Outperform $3
2024-05-14 main UBS Neutral → Neutral $3
2024-05-03 main JMP Securities Market Outperform → Market Outperform $4
2024-04-12 reit JMP Securities Market Outperform → Market Outperform $5
2024-02-16 main JMP Securities Market Outperform → Market Outperform $5
2024-01-03 main JMP Securities Outperform → Outperform $5
2023-12-20 down BTIG Buy → Neutral —
2023-12-13 up Keefe, Bruyette & Woods Underperform → Market Perform $4
2023-11-21 init Deutsche Bank — → Hold $3
2023-11-07 main Morgan Stanley Equal-Weight → Equal-Weight $3
2023-09-29 init UBS — → Neutral $3
2023-09-26 up Gordon Haskett Underperform → Hold —
2023-09-25 main Citigroup Neutral → Neutral $3
2023-08-07 main Credit Suisse Outperform → Outperform $7
2023-08-04 main Morgan Stanley Equal-Weight → Equal-Weight $4
2023-07-24 init Morgan Stanley — → Equal-Weight $4
2023-07-19 down Gordon Haskett Hold → Underperform —
2023-07-13 reit JMP Securities Market Outperform → Market Outperform $5
2023-06-29 main JMP Securities Market Outperform → Market Outperform $5
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-15 SCHWARTZ CHRISTINA MIGNACCA Chief Financial Officer — 74,348 $4.33 $322,090
2026-05-11 NEJATIAN KASRA Chief Executive Officer — 100,000 $4.88 $487,800
2026-04-15 NGUYEN GIANG Chief Operating Officer — 10,866 $4.65 $50,488
2026-02-17 SCHWARTZ CHRISTINA MIGNACCA Chief Financial Officer — 74,248 $4.32 $320,633
2026-02-17 FEDER ERIC Director — 14,282 $0.00 $0
2026-02-17 RABOIS KEITH Director — 14,679 $0.00 $0
2026-02-17 BAIN ADAM Director — 9,918 $0.00 $0
2025-12-31 SCHWARTZ CHRISTINA MIGNACCA Chief Financial Officer — 3,390,000 $0.00 $0
2025-12-22 MATHESON LUCAS President — 1,708,306 $0.00 $0
2025-12-10 NGUYEN GIANG Chief Operating Officer — 8,200,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
4,371.00
-15.18%
5,153.00
-25.81%
6,946.00
-55.38%
15,567.00
Operating Revenue
4,371.00
-15.18%
5,153.00
-25.81%
6,946.00
-55.38%
15,567.00
Cost Of Revenue
4,021.00
-14.81%
4,720.00
-26.92%
6,459.00
-56.65%
14,900.00
Reconciled Cost Of Revenue
4,021.00
-14.81%
4,720.00
-26.92%
6,459.00
-56.65%
14,900.00
Gross Profit
350.00
-19.17%
433.00
-11.09%
487.00
-26.99%
667.00
Operating Expense
627.00
-14.81%
736.00
-14.32%
859.00
-43.52%
1,521.00
Research And Development
79.00
-43.97%
141.00
-15.57%
167.00
-1.18%
169.00
Selling General And Administration
548.00
-7.90%
595.00
-14.02%
692.00
-48.82%
1,352.00
Selling And Marketing Expense
310.00
-24.94%
413.00
-15.02%
486.00
-51.69%
1,006.00
General And Administrative Expense
238.00
+30.77%
182.00
-11.65%
206.00
-40.46%
346.00
Other Gand A
238.00
+30.77%
182.00
-11.65%
206.00
-40.46%
346.00
Total Expenses
4,648.00
-14.81%
5,456.00
-25.44%
7,318.00
-55.44%
16,421.00
Operating Income
-277.00
+8.58%
-303.00
+18.55%
-372.00
+56.44%
-854.00
Total Operating Income As Reported
-287.00
+10.31%
-320.00
+17.10%
-386.00
+58.54%
-931.00
EBITDA
-1,123.00
-447.80%
-205.00
-2377.78%
9.00
+101.03%
-876.00
Normalized EBITDA
-189.00
-1.61%
-186.00
+3.63%
-193.00
+75.06%
-774.00
Reconciled Depreciation
46.00
-13.21%
53.00
-26.39%
72.00
-20.00%
90.00
EBIT
-1,169.00
-353.10%
-258.00
-309.52%
-63.00
+93.48%
-966.00
Total Unusual Items
-934.00
-4815.79%
-19.00
-109.41%
202.00
+298.04%
-102.00
Total Unusual Items Excluding Goodwill
-934.00
-4815.79%
-19.00
-109.41%
202.00
+298.04%
-102.00
Special Income Charges
-934.00
-4815.79%
-19.00
-109.41%
202.00
+298.04%
-102.00
Other Special Charges
924.00
+46100.00%
2.00
+100.93%
-216.00
-964.00%
25.00
Impairment Of Capital Assets
—
0.00
0.00
-100.00%
60.00
Restructuring And Mergern Acquisition
10.00
-41.18%
17.00
+21.43%
14.00
-17.65%
17.00
Net Income
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Pretax Income
-1,300.00
-232.48%
-391.00
-42.70%
-274.00
+79.72%
-1,351.00
Net Non Operating Interest Income Expense
-131.00
+1.50%
-133.00
+36.97%
-211.00
+45.19%
-385.00
Interest Expense Non Operating
131.00
-1.50%
133.00
-36.97%
211.00
-45.19%
385.00
Net Interest Income
-131.00
+1.50%
-133.00
+36.97%
-211.00
+45.19%
-385.00
Interest Expense
131.00
-1.50%
133.00
-36.97%
211.00
-45.19%
385.00
Other Income Expense
-892.00
-2082.22%
45.00
-85.44%
309.00
+375.89%
-112.00
Other Non Operating Income Expenses
42.00
-34.38%
64.00
-40.19%
107.00
+1170.00%
-10.00
Gain On Sale Of Security
—
—
—
—
Tax Provision
0.00
-100.00%
1.00
+0.00%
1.00
-50.00%
2.00
Tax Rate For Calcs
0.00
-100.00%
0.00
-99.05%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.04
-100.09%
42.42
+298.04%
-21.42
Net Income Including Noncontrolling Interests
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Net Income From Continuing Operation Net Minority Interest
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Net Income From Continuing And Discontinued Operation
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Net Income Continuous Operations
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Minority Interests
—
—
—
—
Normalized Income
-366.00
+1.89%
-373.04
+14.16%
-434.58
+65.85%
-1,272.42
Net Income Common Stockholders
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Diluted EPS
-1.70
-203.57%
-0.56
-33.33%
-0.42
+80.56%
-2.16
Basic EPS
-1.70
-203.57%
-0.56
-33.33%
-0.42
+80.56%
-2.16
Basic Average Shares
766.53
+9.59%
699.46
+6.44%
657.11
+4.78%
627.11
Diluted Average Shares
766.53
+9.59%
699.46
+6.44%
657.11
+4.78%
627.11
Diluted NI Availto Com Stockholders
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,407.00
-23.00%
3,126.00
-12.36%
3,567.00
-46.02%
6,608.00
Current Assets
2,299.00
-23.29%
2,997.00
-13.00%
3,445.00
-46.72%
6,466.00
Cash Cash Equivalents And Short Term Investments
962.00
+41.68%
679.00
-36.42%
1,068.00
-16.63%
1,281.00
Cash And Cash Equivalents
962.00
+43.37%
671.00
-32.83%
999.00
-12.14%
1,137.00
Cash Equivalents
876.00
+43.37%
611.00
-34.72%
936.00
+30.91%
715.00
Cash Financial
86.00
+43.33%
60.00
-4.76%
63.00
-85.07%
422.00
Other Short Term Investments
0.00
-100.00%
8.00
-88.41%
69.00
-52.08%
144.00
Inventory
925.00
-57.16%
2,159.00
+21.63%
1,775.00
-60.20%
4,460.00
Work In Process
249.00
-56.85%
577.00
-9.84%
640.00
-28.17%
891.00
Finished Goods
676.00
-57.27%
1,582.00
+39.38%
1,135.00
-68.20%
3,569.00
Restricted Cash
343.00
+250.00%
98.00
-82.18%
550.00
-19.59%
684.00
Assets Held For Sale Current
—
—
—
0.00
Other Current Assets
69.00
+13.11%
61.00
+17.31%
52.00
+26.83%
41.00
Total Non Current Assets
108.00
-16.28%
129.00
+5.74%
122.00
-14.08%
142.00
Net PPE
35.00
-46.97%
66.00
-27.47%
91.00
-8.08%
99.00
Gross PPE
125.00
-11.35%
141.00
-26.18%
191.00
+1.06%
189.00
Accumulated Depreciation
-90.00
-20.00%
-75.00
+25.00%
-100.00
-11.11%
-90.00
Properties
—
0.00
0.00
0.00
Machinery Furniture Equipment
113.00
-5.04%
119.00
-17.93%
145.00
+13.28%
128.00
Other Properties
12.00
-45.45%
22.00
-50.00%
44.00
-25.42%
59.00
Leases
—
0.00
-100.00%
2.00
+0.00%
2.00
Goodwill And Other Intangible Assets
3.00
+0.00%
3.00
-66.67%
9.00
-43.75%
16.00
Goodwill
3.00
+0.00%
3.00
-25.00%
4.00
+0.00%
4.00
Other Intangible Assets
—
—
5.00
-58.33%
12.00
Other Non Current Assets
70.00
+16.67%
60.00
+172.73%
22.00
-18.52%
27.00
Total Liabilities Net Minority Interest
1,402.00
-41.90%
2,413.00
-7.19%
2,600.00
-52.92%
5,522.00
Current Liabilities
327.00
-38.19%
529.00
+655.71%
70.00
-95.35%
1,505.00
Payables And Accrued Expenses
81.00
-14.74%
95.00
+46.15%
65.00
-46.72%
122.00
Payables
3.00
-82.35%
17.00
+88.89%
9.00
-73.53%
34.00
Accounts Payable
0.00
-100.00%
9.00
+350.00%
2.00
-60.00%
5.00
Current Accrued Expenses
78.00
+0.00%
78.00
+39.29%
56.00
-36.36%
88.00
Pensionand Other Post Retirement Benefit Plans Current
—
—
—
—
Total Tax Payable
3.00
-62.50%
8.00
+14.29%
7.00
-75.86%
29.00
Current Debt And Capital Lease Obligation
246.00
-43.32%
434.00
+8580.00%
5.00
-99.64%
1,383.00
Current Debt
245.00
-43.29%
432.00
—
1,376.00
Other Current Borrowings
245.00
-43.29%
432.00
—
1,376.00
Current Capital Lease Obligation
1.00
-50.00%
2.00
-60.00%
5.00
-28.57%
7.00
Total Non Current Liabilities Net Minority Interest
1,075.00
-42.94%
1,884.00
-25.53%
2,530.00
-37.02%
4,017.00
Long Term Debt And Capital Lease Obligation
1,074.00
-42.96%
1,883.00
-25.54%
2,529.00
-37.04%
4,017.00
Long Term Debt
1,068.00
-42.89%
1,870.00
-25.50%
2,510.00
-36.92%
3,979.00
Long Term Capital Lease Obligation
6.00
-53.85%
13.00
-31.58%
19.00
-50.00%
38.00
Other Non Current Liabilities
1.00
+0.00%
1.00
+0.00%
1.00
—
Stockholders Equity
1,005.00
+40.95%
713.00
-26.27%
967.00
-10.96%
1,086.00
Common Stock Equity
1,005.00
+40.95%
713.00
-26.27%
967.00
-10.96%
1,086.00
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
957.25
+32.95%
719.99
+6.25%
677.64
+6.31%
637.39
Ordinary Shares Number
957.25
+32.95%
719.99
+6.25%
677.64
+6.31%
637.39
Additional Paid In Capital
6,038.00
+36.05%
4,438.00
+3.19%
4,301.00
+3.69%
4,148.00
Retained Earnings
-5,033.00
-35.11%
-3,725.00
-11.76%
-3,333.00
-8.99%
-3,058.00
Gains Losses Not Affecting Retained Earnings
0.00
0.00
+100.00%
-1.00
+75.00%
-4.00
Other Equity Adjustments
—
—
-1.00
+75.00%
-4.00
Total Equity Gross Minority Interest
1,005.00
+40.95%
713.00
-26.27%
967.00
-10.96%
1,086.00
Total Capitalization
2,073.00
-19.74%
2,583.00
-25.71%
3,477.00
-31.35%
5,065.00
Working Capital
1,972.00
-20.10%
2,468.00
-26.87%
3,375.00
-31.97%
4,961.00
Invested Capital
2,318.00
-23.12%
3,015.00
-13.29%
3,477.00
-46.02%
6,441.00
Total Debt
1,320.00
-43.03%
2,317.00
-8.56%
2,534.00
-53.07%
5,400.00
Net Debt
351.00
-78.48%
1,631.00
+7.94%
1,511.00
-64.18%
4,218.00
Capital Lease Obligations
7.00
-53.33%
15.00
-37.50%
24.00
-46.67%
45.00
Net Tangible Assets
1,002.00
+41.13%
710.00
-25.89%
958.00
-10.47%
1,070.00
Tangible Book Value
1,002.00
+41.13%
710.00
-25.89%
958.00
-10.47%
1,070.00
Derivative Product Liabilities
—
—
—
—
Interest Payable
1.00
-66.67%
3.00
+200.00%
1.00
-91.67%
12.00
Line Of Credit
—
—
—
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,049.00
+276.30%
-595.00
-125.38%
2,344.00
+221.10%
730.00
Cash Flow From Continuing Operating Activities
1,049.00
+276.30%
-595.00
-125.38%
2,344.00
+221.10%
730.00
Net Income From Continuing Operations
-1,300.00
-231.63%
-392.00
-42.55%
-275.00
+79.67%
-1,353.00
Depreciation Amortization Depletion
46.00
-13.21%
53.00
-26.39%
72.00
-20.00%
90.00
Depreciation
46.00
-13.21%
53.00
-26.39%
72.00
-20.00%
90.00
Depreciation And Amortization
46.00
-13.21%
53.00
-26.39%
72.00
-20.00%
90.00
Other Non Cash Items
62.00
-3.13%
64.00
-18.99%
79.00
-89.41%
746.00
Stock Based Compensation
159.00
+39.47%
114.00
-9.52%
126.00
-26.32%
171.00
Asset Impairment Charge
—
0.00
0.00
-100.00%
60.00
Operating Gains Losses
924.00
+7800.00%
-12.00
+94.44%
-216.00
-964.00%
25.00
Gain Loss On Investment Securities
—
—
—
—
Unrealized Gain Loss On Investment Securities
3.00
-57.14%
7.00
+600.00%
1.00
-97.14%
35.00
Change In Working Capital
1,155.00
+369.23%
-429.00
-116.78%
2,557.00
+167.47%
956.00
Change In Inventory
1,172.00
+361.02%
-449.00
-117.18%
2,613.00
+191.63%
896.00
Change In Payables And Accrued Expense
-9.00
-127.27%
33.00
+168.75%
-48.00
-108.70%
-23.00
Change In Accrued Expense
-2.00
-200.00%
2.00
+120.00%
-10.00
-600.00%
2.00
Change In Payable
-7.00
-122.58%
31.00
+181.58%
-38.00
-52.00%
-25.00
Change In Account Payable
-7.00
-122.58%
31.00
+181.58%
-38.00
-52.00%
-25.00
Change In Other Working Capital
2.00
-33.33%
3.00
-85.71%
21.00
-61.11%
54.00
Change In Other Current Assets
-9.00
+10.00%
-10.00
+47.37%
-19.00
-151.35%
37.00
Change In Other Current Liabilities
-1.00
+83.33%
-6.00
+40.00%
-10.00
-25.00%
-8.00
Investing Cash Flow
-12.00
-142.86%
28.00
-36.36%
44.00
-81.20%
234.00
Cash Flow From Continuing Investing Activities
-12.00
-142.86%
28.00
-36.36%
44.00
-81.20%
234.00
Net PPE Purchase And Sale
-12.00
+52.00%
-25.00
+32.43%
-37.00
+0.00%
-37.00
Purchase Of PPE
-12.00
+52.00%
-25.00
+32.43%
-37.00
+0.00%
-37.00
Capital Expenditure
-12.00
+52.00%
-25.00
+32.43%
-37.00
+0.00%
-37.00
Net Investment Purchase And Sale
0.00
-100.00%
55.00
-32.10%
81.00
-71.17%
281.00
Purchase Of Investment
-6.00
0.00
0.00
+100.00%
-53.00
Sale Of Investment
6.00
-89.09%
55.00
-32.10%
81.00
-75.75%
334.00
Net Business Purchase And Sale
0.00
+100.00%
-2.00
0.00
+100.00%
-10.00
Purchase Of Business
0.00
+100.00%
-2.00
0.00
+100.00%
-10.00
Gain Loss On Sale Of Business
0.00
+100.00%
-14.00
0.00
0.00
Net Intangibles Purchase And Sale
—
—
0.00
0.00
Purchase Of Intangibles
—
—
0.00
0.00
Financing Cash Flow
-499.00
-137.62%
-210.00
+92.04%
-2,639.00
-50.71%
-1,751.00
Cash Flow From Continuing Financing Activities
-499.00
-137.62%
-210.00
+92.04%
-2,639.00
-50.71%
-1,751.00
Net Issuance Payments Of Debt
-1,905.00
-786.05%
-215.00
+91.85%
-2,639.00
-53.34%
-1,721.00
Issuance Of Debt
760.00
+52.00%
500.00
+110.08%
238.00
-97.67%
10,222.00
Repayment Of Debt
-2,665.00
-272.73%
-715.00
+75.15%
-2,877.00
+75.91%
-11,943.00
Long Term Debt Issuance
760.00
+52.00%
500.00
+110.08%
238.00
-97.67%
10,222.00
Long Term Debt Payments
-2,665.00
-272.73%
-715.00
+75.15%
-2,877.00
+75.91%
-11,943.00
Net Long Term Debt Issuance
-1,905.00
-786.05%
-215.00
+91.85%
-2,639.00
-53.34%
-1,721.00
Short Term Debt Issuance
—
—
—
114.00
Short Term Debt Payments
—
—
—
-121.00
Net Short Term Debt Issuance
—
—
—
-7.00
Net Common Stock Issuance
1,423.00
0.00
0.00
0.00
Common Stock Payments
—
—
—
—
Repurchase Of Capital Stock
—
—
—
—
Proceeds From Stock Option Exercised
6.00
+20.00%
5.00
+0.00%
5.00
-16.67%
6.00
Net Other Financing Charges
-23.00
—
-5.00
+86.11%
-36.00
Changes In Cash
538.00
+169.24%
-777.00
-209.56%
-251.00
+68.11%
-787.00
Beginning Cash Position
763.00
-50.45%
1,540.00
-14.01%
1,791.00
-30.53%
2,578.00
End Cash Position
1,301.00
+70.51%
763.00
-50.45%
1,540.00
-14.01%
1,791.00
Free Cash Flow
1,037.00
+267.26%
-620.00
-126.87%
2,307.00
+232.90%
693.00
Interest Paid Supplemental Data
120.00
-0.83%
121.00
-40.39%
203.00
-42.82%
355.00
Change In Interest Payable
-2.00
-200.00%
2.00
+120.00%
-10.00
-600.00%
2.00
Common Stock Issuance
1,423.00
0.00
0.00
0.00
Issuance Of Capital Stock
1,423.00
0.00
0.00
0.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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