Skip to content
Company Analysis

Opendoor Technologies Inc OPEN

A comprehensive view of key metrics, scores, and financial health for Opendoor Technologies Inc

Overview of Opendoor Technologies Inc.

OPEN NMS
Real Estate Real Estate Services Framework: General Corporate Small Cap
Opendoor Technologies Inc. (OPEN), is a Small Cap company, in the Real Estate Services industry, last closed at $1.80, about 157.2% undervalued vs fair value, -72.6% 1Y return, ranked 298/338 in sector.
Metrics Rev Growth -15.2% ROE -151.3% Gross Margin 8.0%
USD 1.80
0.00%
(Delayed)
• Vol 90d: 70.6%
Market Cap
$1.75B
Enterprise Value
$2.81B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Weak
Valuation
Weak
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Weak
Valuation
Weak
Completeness: 82%
Confidence: 88%
Updated: Oct 31
Top Beats
No strong beats yet

Quick Facts

Website https://www.opendoor.com
HQ Tempe, AZ
Employees 1,042
Fiscal year Dec 31

Next Events

Earnings Nov 5 Call: Nov 5

Fair Value Snapshot

Bear Base Bull
$4
$5
$6
Current: $1.80 +157% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$4.4B
-15.2%%
Gross Profit
$350.0M
-19.2%%
Operating Income
-$287.0M
10.3%%
Net Income
-$1.3B
-231.6%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
-79.8%

Operating Cash Flow / Net Income

FCF / Net Income - not meaningful while net income is negative (a near-100% ratio here only reflects cash burn tracking accounting losses, not earnings quality)

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
2
Active Leaks
0/2
Improving
0
High Impact
1
Critical
Locked Leak
Upgrade to view details
Premium
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Opendoor Technologies Inc's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
46
/100
Developing
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Consistent Cash Generation Cash generation is strong and consistent (score 0.94).
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.96), demonstrating pricing resilience across cycles.

Key risks

  • ROIC Below WACC or Peers ROIC at 26.5th percentile suggests inefficient capital deployment.
  • Scale Without Profitability Despite scale, profitability lags peers (score 0.30), suggesting limited competitive advantage.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Developing
47
Premium

Signals, strengths and risks for Pricing Power

Premium

Signals, strengths and risks for Cost Advantage

Premium

Signals, strengths and risks for Customer Stickiness

Premium

Signals, strengths and risks for Capital Efficiency

Premium

Signals, strengths and risks for Resilience

Premium

Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing OPEN's balance between Growth (10.0%), Profitability (35.7%), and Safety (54.3%). Growth 10% Safety 54% Profitability 36%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

8th percentile vs peers
9
Key Signals
Rev Growth YoY -15.2% 12p EPS Growth YoY -2.03 10p Revenue CAGR 3Y -34.5% 3p
Strengths
  • FCF Margin in top 20% of peers (23.7%, 94th percentile)
  • Current Ratio in top 20% of peers (7.03, 93th percentile)
  • Quick Ratio in top 20% of peers (4.20, 90th percentile)
  • Cash Flow to Debt Ratio in top 20% of peers (2.08, 86th percentile)
  • Strong liquidity position vs peers
Risks
  • Growth in bottom 20% of peers (percentile: 8)
  • Rev Growth YoY in bottom 20% of peers (-15.2%)
  • EPS Growth YoY in bottom 20% of peers (-2.03)

Profitability

31th percentile vs peers
31
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

47th percentile vs peers
48
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Opendoor Technologies Inc.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$4.63
- - -
+157.2% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info
Send Feedback
Please select a category.
0/1000