OPEN - Opendoor Technologies Inc.
| Previous Close | 2.3700 |
| Open | 2.3300 |
| Bid | 2.4600 x 27000 |
| Ask | 2.4700 x 1400 |
| Day's Range | 2.2206 - 2.5100 |
| 52 Week Range | 0.9170 - 7.6900 |
| Volume | |
| Avg. Volume | 22,751,030 |
| Market Cap | 1.59B |
| Beta (5Y Monthly) | 1.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.1300 |
| Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.84 |
Motley FoolWhy Opendoor Stock Soared 91% in May
Share of Opendoor Technologies (NASDAQ: OPEN) stock rose 91% in May, according to data provided by S&P Global Market Intelligence. Opendoor's business has been absolutely crushed by rising interest rates. Investors were excited by the company's concept when it went public via special purpose acquisition company (SPAC) in 2020, but its stock has tanked as macroeconomic factors exacerbate internal problems.
ZacksWhy Fast-paced Mover Opendoor Technologies Inc. (OPEN) Is a Great Choice for Value Investors
Opendoor Technologies Inc. (OPEN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Motley FoolOpendoor's Business Is Broken
Bull markets and low interest rates can make the stock market irrational. Opendoor Technologies (NASDAQ: OPEN) went public via a SPAC in 2020. The real estate start-up pitched itself as a technology company, but all it was doing was buying and selling residential real estate directly from consumers, otherwise known as home flipping.
GlobeNewswireOpendoor Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO, May 25, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that on May 23, 2023, the Compensation Committee of Opendoor’s Board of Directors granted restricted stock units covering 5,073,831 shares of its common stock to thirty-three (33) non-executive employees, in connection with their commencement of employment, under the Opendoor Technologies Inc. 2022 Induceme
ZacksDespite Fast-paced Momentum, Opendoor Technologies Inc. (OPEN) Is Still a Bargain Stock
Opendoor Technologies Inc. (OPEN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
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Motley FoolIs Opendoor Making a Turnaround?
Opendoor's (NASDAQ: OPEN) results gave investors a little reason for optimism in the first quarter, and if a new buying model works as planned, this could be a great stock. In this video, Travis Hoium highlights what to like and what to be skeptical of in the results.
Motley FoolIs Real Estate Back? Here's Why Opendoor and Redfin Are Soaring
The stock market -- especially when it comes to technology stocks -- was having a good day on Wednesday. Leading iBuyer Opendoor Technologies (NASDAQ: OPEN) was up by 7% during this time after rising by double digits earlier in the day, while brokerage disruptor Redfin (NASDAQ: RDFN) was 13% higher. Opendoor reported its earnings last Thursday, and the company is making impressive progress in selling its "old book" of homes.
GOBankingRatesBig Companies Are Paying Cash for Houses All Over America — Are the Deals Too Good To Be True?
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Motley FoolHere's Why Opendoor Stock Fell 22% Last Month
Shares of Opendoor (NASDAQ: OPEN) tumbled 21.6% in April, according to S&P Global Market Intelligence, due to worrisome housing market data. The company's delicate financial health doesn't leave much wiggle room, and Opendoor will continue to suffer net losses as real estate struggles with difficult macroeconomic conditions. The company operates an e-commerce platform for residential real estate.
- Thomson Reuters StreetEvents
Q1 2023 Opendoor Technologies Inc Earnings Call
Q1 2023 Opendoor Technologies Inc Earnings Call
ZacksOpendoor Technologies Inc. (OPEN) Reports Q1 Loss, Tops Revenue Estimates
Opendoor Technologies Inc. (OPEN) delivered earnings and revenue surprises of 9.86% and 20.66%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Opendoor Announces First Quarter of 2023 Financial Results
SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its quarter ended March 31, 2023. Opendoor’s first quarter of 2023 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com. “At Opendoor, our vision
- Investing.com
6 big analyst cuts: Microsoft cut down ahead of earnings | Pro Recap
Exane BNP Paribas downgraded Microsoft (NASDAQ:MSFT) to Neutral from Outperform. Wedbush downgraded Opendoor Technologies (NASDAQ:OPEN) to Neutral from Outperform and cut its price target to $1.70 from $3.50. In order for the company's iBuying business to succeed, product availability and access to financing for iBuyers and their retail customers are crucial, according to Wedbush.
Motley FoolNeed to Sell a House ASAP? These 3 Cash Buyers Are Waiting
Selling your home to a cash buyer could help you close within 14 days or less. Read on to discover which companies are buying homes at the best closing prices.
- Reuters
UPDATE 2-Online US real estate firm Opendoor cuts 22% of workforce
Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the workforce at the online U.S. real estate firm, citing a declining housing market. "We're taking these actions now to better align our operational costs with the anticipated near-term market opportunity," the company said in an email confirming the layoffs. Opendoor said new listings have fallen by around 30% from their peak in 2022 due in part to higher mortgage interest rates.
Motley FoolHere's Why Opendoor Shares Rose 22% in March
The real estate tech company benefited from surprising home sales data and favorable interest rate news.
- GlobeNewswire
Opendoor to Report First Quarter 2023 Financial Results on May 4th, 2023
SAN FRANCISCO, April 06, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report first quarter 2023 financial results for the period ended March 31, 2023 following the close of the market on Thursday, May 4, 2023. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s business and financial results. W
Simply Wall St.Amidst increasing losses, Investors bid up Opendoor Technologies (NASDAQ:OPEN) 20% this past week
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Motley FoolIs Time Running Out for This Property-Tech Stock?
Fourth-quarter earnings gave investors some insight into Opendoor's progress. Opendoor, which buys homes with cash offers and resells them for a fee, purchased a whopping 14,135 homes in the second quarter of 2022. Opendoor has been frantically trying to off-load these homes over the past two quarters, losing a lot of money in the process.
Motley FoolThe Real Estate Market Has Officially Closed on Opendoor
The COVID-19 pandemic provided a generational catalyst for the U.S. housing market. Median home prices soared over 40% in less than two years as record-low interest rates drove the cost of financing a home to new lows and work-from-anywhere policies allowed more young adults to move away from downtown urban areas. Now mortgage rates are soaring, causing housing prices to stagnate and even decline in many regions around the country.
