YOLFTbeta
Opendoor Technologies Inc

Opendoor Technologies Inc

OPEN · NASDAQ · Real Estate / Real Estate Services

1.19USD-0.05 (-3.64%)

Price History

Full chart

Market Stats

Previous Close1.24
Open1.26
Day Range1.16 – 1.27
52-Week Range1.84 – 9.46
Volume28.98M
Market Cap1.87B
P/E (TTM)0.00
Forward P/E64.10
EPS-1.89
Dividend Yield0.00%
Beta3.75
50-Day Avg2.68
200-Day Avg4.31

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.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Keith Rabois J.D.
  • Employees1.04K
  • Headquarters1295 West Washington Street, Tempe, AZ, United States, 85288, USA
  • Websitehttps://www.opendoor.com

Leadership

  • Mr. Keith Rabois J.D.Co-Founder & Chairman · b. 1969
  • Mr. Michael JuddDirector of Capital Markets & Investor Relations
  • Mr. Rishi KotiyaChief Legal Officer & Corporate Secretary
  • Ms. Renee Grace Mauldin AtwoodChief People Officer · b. 1980
  • Ms. Julie Marie TodaroStrategic Advisor · b. 1971
  • Mr. Brad BonneyChief Business Officer
  • Mr. Morgan BrownChief Growth Officer
  • Ms. Margaret SymsChief Information Security Officer
  • Mr. Vu TranChief AI Officer

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue711.07M1.84B4.74B2.58B8.02B15.57B6.95B5.15B4.37B
Growth (%)-+158.49%+157.93%-45.52%+210.53%+94.08%-55.38%-25.81%-15.18%
Cost of Revenue644.72M1.70B4.44B2.36B7.29B14.90B6.46B4.72B4.02B
Gross Profit66.35M133.43M301.00M220.00M730.00M667.00M487.00M433.00M350.00M
Gross Margin9.33%7.26%6.35%8.52%9.10%4.28%7.01%8.40%8.01%
Operating Expense127.99M297.10M549.00M406.00M1.30B1.60B873.00M753.00M637.00M
Operating Income-61.64M-163.67M-248.00M-186.00M-568.00M-931.00M-386.00M-320.00M-287.00M
Operating Margin-8.67%-8.90%-5.23%-7.20%-7.08%-5.98%-5.56%-6.21%-6.57%
EBITDA-54.20M-166.31M-190.00M-122.00M-509.00M-876.00M9.00M-243.00M-229.00M
EBITDA Margin-7.62%-9.05%-4.01%-4.72%-6.35%-5.63%0.13%-4.72%-5.24%
Net Income-84.83M-241.29M-341.00M-253.00M-662.00M-1.35B-275.00M-392.00M-1.30B
Net Income Margin-11.93%-13.13%-7.19%-9.79%-8.25%-8.69%-3.96%-7.61%-29.74%
R&D16.12M28.46M51.00M58.00M134.00M169.00M167.00M141.00M79.00M
R&D as % of Total Revenue2.27%1.55%1.08%2.25%1.67%1.09%2.40%2.74%1.81%
Interest Expense060.46M110.00M67.81M143.00M385.00M211.00M133.00M131.00M
Interest Expense % of Total Revenue0.00%3.29%2.32%2.63%1.78%2.47%3.04%2.58%3.00%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.84B2.23B2.18B9.51B6.61B3.57B3.13B2.41B
Total Liabilities-1.17B2.96B623.00M7.26B5.52B2.60B2.41B1.40B
Total Equity-667.03M-733.10M1.55B2.25B1.09B967.00M713.00M1.00B
Cash-262.37M405.08M1.41B1.73B1.14B999.00M671.00M962.00M
Total Debt-1.13B1.50B550.00M7.11B5.40B2.53B2.32B193.00M
Net Debt-870.73M1.09B-863.00M5.38B4.26B1.53B1.65B-769.00M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-218.55M-1.18B-272.05M682.00M-5.79B730.00M2.34B-595.00M1.05B
Investing Cash Flow-29.94M-7.43M-95.08M-22.00M-476.00M234.00M44.00M28.00M-12.00M
Financing Cash Flow161.18M1.50B646.18M161.00M7.34B-1.75B-2.64B-210.00M-499.00M
Capital Expenditure2.87M20.02M27.97M17.00M33.00M37.00M37.00M25.00M12.00M
Free Cash Flow-221.42M-1.20B-300.02M665.00M-5.83B693.00M2.31B-620.00M1.04B
Dividends Paid--321.23M------
FCF to OCF101.31%101.70%110.28%97.51%100.57%94.93%98.42%104.20%98.86%
Dividend Paid to FCF---107.07%------

Earnings

Report DateMar 31, 2019Jun 30, 2019Sep 30, 2019Mar 31, 2020Jun 4, 2020Aug 13, 2020Nov 30, 2020Mar 4, 2021May 11, 2021Aug 11, 2021Nov 10, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 15, 2024May 2, 2024Aug 1, 2024Nov 7, 2024Feb 13, 2025May 6, 2025Aug 5, 2025Nov 6, 2025Feb 19, 2026May 7, 2026Aug 4, 2026Nov 5, 2026
EPS Estimate0.000.000.000.000.000.00-0.15-0.100.08-0.05-0.01-0.18-0.060.12-0.41-0.73-0.73-0.38-0.15-0.19-0.16-0.09-0.13-0.14-0.10-0.02-0.07-0.09-0.06-0.05-0.15
EPS Actual-1.70-1.70-1.87-1.14-0.01-0.01-0.81-0.49-0.04-0.24-0.03-0.290.150.20-0.52-0.51-0.64-0.30-0.11-0.14-0.12-0.04-0.10-0.11-0.09-0.01-0.08-0.07-0.05-0.05-
Surprise-------439.13%-390.00%-150.00%-380.00%-200.00%-61.11%350.00%66.67%-26.83%30.14%12.33%21.05%26.67%26.32%25.00%55.56%23.08%21.36%10.00%50.00%-14.29%22.22%16.67%0.00%-
Timing------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.87B
Enterprise Value2.95B
Trailing P/E0.00
Forward P/E64.10
Price / Sales0.58
Price / Book2.10
EPS-1.89
Book Value0.944
Revenue (TTM)3.25B
Gross Profit (TTM)281.00M
EBITDA-474.00M
Profit Margin-46.74%
Operating Margin-15.86%
Return on Equity-196.89%
Return on Assets-10.91%
Shares Outstanding971.09M
Shares Float952.38M
Beta3.75
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 9 analystsTarget 4.27
  • Strong Buy
    1
  • Buy
    1
  • Hold
    5
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
57.95%
Insiders
4.90%
Retail / Other
37.15%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    115.21M11.86%
  • Vanguard Portfolio Management, LLC
    76.21M7.85%
  • BlackRock Inc
    72.92M7.51%
  • Vanguard Capital Management, LLC
    34.62M3.56%
  • Geode Capital Management, LLC
    24.95M2.57%
  • State Street Corp
    21.77M2.24%
  • American Century Companies Inc
    14.20M1.46%
  • Lennar Corp
    13.53M1.39%
  • Dimensional Fund Advisors, Inc.
    12.58M1.30%
  • Charles Schwab Investment Management Inc
    10.29M1.06%
  • Renaissance Technologies Corp
    9.03M0.93%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    27.11M2.79%
  • Vanguard MStar Total Stk Mkt Idx Invest
    26.48M2.73%
  • iShares Russell 2000 ETF
    24.38M2.51%
  • Vanguard Small Cap Index
    18.59M1.91%
  • Avantis US Small Cap Value ETF
    13.49M1.39%
  • Morgan Stanley Insight I
    12.68M1.31%
  • Vanguard MStar Small Cap Growth Indx Inv
    10.35M1.07%
  • Fidelity Small Cap Index
    10.30M1.06%
  • BrighthouseI Morgan Stanley Discovery B
    9.44M0.97%