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Opendoor Technologies Inc
NASDAQ:OPEN

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Opendoor Technologies Inc Logo
Opendoor Technologies Inc
NASDAQ:OPEN
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Price: 1.75 USD -3.85% Market Closed
Updated: Nov 30, 2022

Intrinsic Value

The intrinsic value of one OPEN stock under the Base Case scenario is 13.09 USD. Compared to the current market price of 1.75 USD, Opendoor Technologies Inc is Undervalued by 87%.

The Intrinsic Value is calculated as the average of the two valuation methods:

OPEN Intrinsic Value
Base Case
13.09 USD
Undervaluation 87%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

OPEN Profitability Score
Profitability Due Diligence

Opendoor Technologies Inc's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative 3-Year Average ROIC
Negative Free Cash Flow
Negative ROE
26/100
Profitability
Score

Opendoor Technologies Inc's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

OPEN Solvency Score
Solvency Due Diligence

Opendoor Technologies Inc's solvency score is 32/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
High D/E
Low Altman Z-Score
Positive Net Debt
32/100
Solvency
Score

Opendoor Technologies Inc's solvency score is 32/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
5%
Gross Margin
-5%
Operating Margin
-7%
Net Margin
-4%
FCF Margin
-59%
ROE
-10%
ROIC
Other

OPEN Capital Structure
Opendoor Technologies Inc

Market Capitalization 1.1B USD
Total Debt 4.7B USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 1.3B USD
Short-Term Investments 178M USD
Enterprise Value 4.3B USD

Wall St
Price Targets

OPEN Price Targets Summary
Opendoor Technologies Inc

Wall Street analysts forecast OPEN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for OPEN is 6.55 USD with a low forecast of 2.02 USD and a high forecast of 16.8 USD.

Lowest
Price Target
2.02 USD
15% Upside
Average
Price Target
6.55 USD
274% Upside
Highest
Price Target
16.8 USD
860% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

OPEN Competitors
Opendoor Technologies Inc

OPEN Suppliers & Customers
Opendoor Technologies Inc

Opendoor Technologies Inc has 4 key suppliers from 2 countries and 3 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Media industry.

Opendoor Technologies Inc has 2 key customers from 1 countries and 2 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Technology industry.

Customers Map

Ownership

OPEN Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 64.55% of the company. Insiders own 21.76%. The biggest insider is Wu Eric Chung-Wei (CEO), who owns 7.12% of Opendoor Technologies Inc.

Insiders
21.76%
Institutions
60.59%
Other
17.65%
Insiders
21.76%
Wu Eric Chung-Wei
CEO
Ownership
7.1201%
Market Value
79M USD
Shares
45 155 841
Svf Excalibur (Cayman) Ltd
10 percent owner
Ownership
6.5311%
Market Value
72.5M USD
Shares
41 420 282
Osborne Ian
Former President and Director
Ownership
2.515%
Market Value
27.9M USD
Shares
15 950 000
Palihapitiya Chamath
Former CEO and Director
Ownership
1.5768%
Market Value
17.5M USD
Shares
10 000 000
Solomon Glenn
Director
Ownership
1.0403%
Market Value
11.5M USD
Shares
6 597 680
Low Ah Kee Andrew
President
Ownership
0.6584%
Market Value
7.3M USD
Shares
4 175 787
Wheeler Carrie
CFO
Ownership
0.6513%
Market Value
7.2M USD
Shares
4 130 645
Todaro Julie Marie
President of Homes & Services
Ownership
0.3695%
Market Value
4.1M USD
Shares
2 343 251
Willerer Tom Joseph
Chief Product Officer
Ownership
0.3012%
Market Value
3.3M USD
Shares
1 909 963
Morillo Daniel
Chief Investment Officer
Ownership
0.2737%
Market Value
3M USD
Shares
1 735 887
Schaub Sydney
Chief Legal Officer
Ownership
0.2457%
Market Value
2.7M USD
Shares
1 558 441
Wong Ian Hoi Ming
CTO
Ownership
0.2391%
Market Value
2.7M USD
Shares
1 516 446
Stevens Elizabeth Ann
Head of Legal
Ownership
0.0987%
Market Value
1.1M USD
Shares
626 049
Keffer Pueo
Director
Ownership
0.0681%
Market Value
756k USD
Shares
431 787
Herman Cipora
Director
Ownership
0.0255%
Market Value
284k USD
Shares
162 033
Kilar Jason
Director
Ownership
0.0234%
Market Value
259k USD
Shares
148 253
Bain Adam
Director
Ownership
0.0117%
Market Value
129k USD
Shares
73 913
Rice E. John Jr
Director
Ownership
0.0089%
Market Value
98.3k USD
Shares
56 199
Jaffe Jonathan M
Director
Ownership
0.004%
Market Value
44.7k USD
Shares
25 543
Institutions
60.59%
Back

OPEN Insider Trading
Buy and sell transactions by insiders

Opendoor Technologies Inc insiders have sold more shares than they have bought in the past 12 months.

During the last 12 months Opendoor Technologies Inc insiders bought 6M USD , and sold 58.4M USD worth of shares. The last transaction was made on Nov 30, 2022 by Wu Eric Chung-Wei (CEO), who sold 130k USD worth of OPEN shares.

Sold
0-3
months
14.6M USD
5
3-6
months
9.3M USD
4
6-9
months
12.7M USD
4
9-12
months
21.7M USD
3
Bought
0-3
months
0
0 USD
3-6
months
0
0 USD
6-9
months
0
0 USD
9-12
months
1
6M USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
14.6M USD
N/A
-14.6M
6 Months
24M USD
N/A
-24M
9 Months
36.6M USD
N/A
-36.6M
12 Months
58.4M USD
6M USD
-52.4M
Purchases
5
Sales
51
Why is insider trading important?

Shareholder Return

OPEN Price
Opendoor Technologies Inc

1M 1M
-32%
6M 6M
-76%
1Y 1Y
-89%
3Y 3Y
-84%
5Y 5Y
-84%
Annual Price Range
1.75
52w Low
1.51
52w High
15.84
Price Metrics
Average Annual Return 122.31%
Standard Deviation of Annual Returns
N/A
Max Drawdown -96%

Company Profile

Opendoor Technologies Inc

Country

United States of America

Industry

Real Estate

Market Cap

1.1B USD

Dividend Yield

0%

Description

Opendoor Technologies, Inc. operates as an online platform for buying, selling and trading-in residential properties. The company is headquartered in Tempe, Arizona and currently employs 2,816 full-time employees. The company went IPO on 2020-12-18. The firm is primarily engaged in the process of buying and selling a home digitally, where sellers uses opendoor.com, receives an offer, and sign and choose their closing date and buyers uses the Opendoor app, tour and visit both Opendoor and non-Opendoor homes, and make an offer, all through a mobile device. The firm acquires homes directly from individual sellers and resells those homes to buyers. Upon acquiring a home, it typically makes necessary renovations and repairs before listing it for sale on its Website, its mobile app, Multiple Listing Services (MLS) and other online real estate portals. Its product and service offerings include Opendoor Complete, Sell to Opendoor, Buy with Opendoor, Opendoor Home Loans, and Title and Escrow. The company operates approximately 44 markets across the United States.

Contact

ARIZONA
Tempe
410 N. Scottsdale Road, Suite 1600
+14158966737.0
https://investor.opendoor.com/

IPO

2020-12-18

Employees

2 816

Officers

Co-Founder, Chairman & CEO
Mr. Eric Chung Wei Wu
Pres
Mr. Ah Kee Low
Chief Financial Officer
Ms. Carrie A. Wheeler
Chief Investment Officer
Mr. Daniel Morillo
Chief Technology Officer
Ms. Raji Subramanian
VP & Head of Investor Relations
Ms. Elise Wang
Show More
Chief Legal Officer
Ms. Sydney Schaub
Chief Communications Officer
Ms. Sheila Tran
Chief People Officer
Ms. Amelia Generalis
Strategic Advisor
Ms. Julie Marie Todaro
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one OPEN stock?

The intrinsic value of one OPEN stock under the Base Case scenario is 13.09 USD.

Is OPEN stock undervalued or overvalued?

Compared to the current market price of 1.75 USD, Opendoor Technologies Inc is Undervalued by 87%.