Stocks · Real Estate · Real Estate - Services
Opendoor Technologies Inc. OPEN
$2.44 +1.67% Close, Oct 2, 2026 · NASDAQ · Market cap $2.35B
Weak trendExpensive vs sectorHigh risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 32.4% in a year.
- Operating margin narrowed to -16.0% from -4.4% a year earlier.
- Over the past year the stock returned -69.7%, behind the S&P 500 by 84.8 percentage points.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 3%
- FCF growth (TTM, YoY)Bottom 6%
- Revenue growth, 3-year CAGRBottom 2%
- Revenue growth accelerationBottom 11%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 6%
- Gross marginBottom 16%
- Operating marginBottom 8%
- Accruals (lower is better)Top 2%
- Interest coverBottom 5%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 2%
- Free-cash-flow yieldBottom 10%
- EBITDA / enterprise valueBottom 1%
- Sales / enterprise valueTop 2%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 4%
- 6-month returnBottom 1%
- 1-year return vs S&P 500Bottom 3%
- Distance from 52-week highBottom 2%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 11%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyBottom 11%
- Upside to consensus price targetTop 4%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 2%
- Maximum drawdown, 3 yearsBottom 3%
- Beta vs S&P 500 (lower is better)Bottom 1%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -23.2% | -37.2% | ↓ |
| Gross margin | 8.0% | 8.3% | ↑ |
| Operating margin | -4.4% | -16.0% | ↓ |
| FCF margin | 9.9% | -14.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -37.2% | -23.2% | ↓ | Bottom 3% |
| Gross margin | 8.3% | 8.0% | ↑ | Bottom 16% |
| Operating margin | -16.0% | -4.4% | ↓ | Bottom 8% |
| Net margin | -46.7% | -5.9% | ↓ | — |
| Free-cash-flow margin | -14.6% | 9.9% | ↓ | — |
| Return on invested capital | -26.2% | — | Bottom 6% | |
| Revenue growth, 3-year CAGR | -34.5% | — | Bottom 2% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -35.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 11.4%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -7.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -60.71%
- Shareholder yield
- -60.71%
- Share count change, 1 year
- +32.4%
- Share count change, 3-year CAGR
- +13.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -97.8%
- Average 2-day reaction, last 8
- -1.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $4.92
- Target vs current price
- +101.6%
- Analysts with a rating
- 26
- Share rating Buy or Strong Buy
- 27%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -139.2% | +4.6% | -11.7% | -18.8% | — |
| May 7, 2026 | -260.0% | -2.6% | -16.1% | -9.3% | -27.8% |
| Feb 19, 2026 | +12.5% | +0.4% | +7.6% | +14.0% | -3.5% |
| Nov 6, 2025 | -4.7% | -9.3% | +29.6% | +4.8% | -29.0% |
| Aug 5, 2025 | +0.0% | +2.4% | -6.1% | +106.9% | +224.0% |
| May 6, 2025 | +18.2% | -5.1% | -4.3% | -20.1% | +149.0% |
| Feb 27, 2025 | +21.4% | -7.1% | -20.1% | -22.1% | -55.8% |
| Nov 7, 2024 | +28.6% | +5.1% | +1.7% | +20.8% | -22.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | -$0.17 | -$0.07 | -139.2% | $883.0M |
| May 7, 2026 | -$0.18 | -$0.05 | -260.0% | $720.0M |
| Feb 19, 2026 | -$0.07 | -$0.08 | +12.5% | $736.0M |
| Nov 6, 2025 | -$0.08 | -$0.08 | -4.7% | $915.0M |
| Aug 5, 2025 | -$0.01 | -$0.01 | +0.0% | $1.57B |
| May 6, 2025 | -$0.09 | -$0.11 | +18.2% | $1.15B |
| Feb 27, 2025 | -$0.11 | -$0.14 | +21.4% | $1.08B |
| Nov 7, 2024 | -$0.10 | -$0.14 | +28.6% | $1.38B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 0.51× | — | — | Top 2% |
| Free-cash-flow yield | -20.14% | — | — | Bottom 10% |
| Earnings yield | -77.46% | — | — | Bottom 2% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -19.8%
- 200-day average slope (20 days)
- -8.9%
- Distance from 50-day average
- -23.6%
- Distance from 200-day average
- -47.4%
- RSI (14)
- 32.1
- Relative volume
- 0.94×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 64.7%
- Volatility vs own 5-year history
- 3th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.24
- Correlation with S&P 500
- 0.20
- Current drawdown from 1-year high
- -74.0%
- Maximum drawdown, 3 years
- -89.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 11, 2021 | Jun 25, 2025 | -98.6% | 1096 days | Not yet recovered |
| Oct 14, 2020 | Nov 2, 2020 | -41.3% | 13 days | 26 days (Dec 9, 2020) |
| Dec 21, 2020 | Dec 31, 2020 | -27.3% | 7 days | 27 days (Feb 10, 2021) |
| Sep 30, 2020 | Oct 6, 2020 | -13.9% | 4 days | 3 days (Oct 9, 2020) |
| Dec 14, 2020 | Dec 16, 2020 | -12.9% | 2 days | 2 days (Dec 18, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.35B
- EPS, diluted (TTM)
- -$1.89
- Revenue (TTM)
- $3.25B
- 52-week range
- $2.25 – $9.69
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $8.02B | $15.57B | $6.95B | $5.15B | $4.37B |
| Gross profit | $730.0M | $667.0M | $487.0M | $433.0M | $304.0M |
| Operating income | -$568.0M | -$931.0M | -$386.0M | -$320.0M | -$273.0M |
| Net income | -$662.0M | -$1.35B | -$275.0M | -$392.0M | -$1.30B |
| EPS (diluted) | -$1.12 | -$2.16 | -$0.42 | -$0.56 | -$1.70 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.08B | $1.15B | $1.57B | $915.0M | $736.0M | $720.0M | $883.0M |
| Net income | -$78.0M | -$113.0M | -$85.0M | -$29.0M | -$90.0M | -$1.10B | -$173.0M | -$162.0M |
| EPS (diluted) | -$0.11 | -$0.16 | -$0.12 | -$0.04 | -$0.12 | -$1.42 | -$0.18 | -$0.17 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$5.79B | $730.0M | $2.34B | -$595.0M | $1.05B |
| Capital expenditure | -$33.0M | -$37.0M | -$37.0M | -$25.0M | -$12.0M |
| Free cash flow | -$5.83B | $693.0M | $2.31B | -$620.0M | $1.04B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $894.0M | $6.0M | $5.0M | $5.0M | $1.43B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $896.0M
- Total assets
- $2.96B
- Total liabilities
- $2.05B
- Total debt
- $194.0M
- Net debt
- -$702.0M
- Shareholders’ equity
- $914.0M
As of Jun 30, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 213,896,467
- Days to cover
- 7.10
- Change vs previous report
- +2.8%
FINRA short interest, settlement date Sep 15, 2026.