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Opendoor Technologies Inc. (OPEN)

Real Estate Out of favour

Opendoor operates an online platform that aims to take the hassle out of moving by making cash offers directly to home sellers.

$3.77

Is Opendoor Technologies Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Recognized pioneer in digital property trading. Worth weighing: Deeply negative net profit margins. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price+77.0%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+20% past year
$3.77
Low $1.70High $10.87
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Opendoor Technologies Inc.
$1,770+77%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Opendoor Technologies Inc. actually fallen?

−80%

Over the last 2 years of daily prices, Opendoor Technologies Inc. fell as much as −80% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$3.64B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
55.84M
Day range: The lowest and highest price the shares traded at during the latest day.
$3.68 – $3.88
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$1.70 – $10.87
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
3.56
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 3.56
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -13% past week · ▲ +20% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Digital home flipping becomes the mainstream method for buying and selling houses across America.

The bear case

Traditional estate agents prove too resilient and online flipping fails to achieve sustainable profits.

What does Opendoor Technologies Inc. do?

The company acts as a digital property middleman, buying houses straight from tired owners and flipping them onto the open market for a fee. Cash flows primarily from taking a service charge on these rapid transactions, meaning it relies heavily on a bustling housing market. The critical watch-point is whether it can navigate shifting property prices without taking heavy losses on the bricks and mortar sitting on its digital books.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 82Quality: How profitable and financially healthy the company is (higher = stronger). 8Growth: How fast revenue and earnings are growing (higher = faster). 0Momentum: How the share price has been trending recently (higher = stronger recent run). 26Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Value screens high (82/100)
  • Recognized pioneer in digital property trading
  • Removes traditional estate agent delays for motivated sellers
  • Massive potential market size across American suburbs
What to watch
  • Quality screens low (8/100)
  • Growth screens low (0/100)
  • Momentum screens low (26/100)
  • Income screens low (16/100)
  • Holding expensive property during a market downturn

What do Opendoor Technologies Inc.'s numbers mean?

P/S
1.2
This compares the company's total stock market value to its yearly revenue, showing you pay roughly £1.20 for every pound of sales coming in.
Lower than most of the 48 Real Estate shares we cover
Gross margin
8.2%
This shows how much money is left from selling a home after covering the direct purchase costs, revealing a very thin cushion of around eight pence per pound.
Lower than most of the 48 Real Estate shares we cover
Revenue growth (yoy)
-37.6%
This highlights a sharp contraction, with yearly sales shrinking by over a third compared to the previous period.
Beta
3.6
This measures wildness, indicating that the share price tends to swing more than three times as dramatically as the wider market.

How much money does Opendoor Technologies Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$391.75M$783.50M$1.18B$1.57BQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
8.2%
Net margin
-35.2%
Return on equity
-173.6%

Does Opendoor Technologies Inc. pay a dividend?

No - Opendoor Technologies Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

When does Opendoor Technologies Inc. report earnings, and how did recent quarters go?

Opendoor Technologies Inc. is next scheduled to report on about 2026-08-04 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

Opendoor Technologies Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-07$-0.06$-0.05Beat +16%
2026-02-19$-0.09$-0.07Beat +24%
2025-11-06$-0.07$-0.08Missed -20%
2025-08-05$-0.02$-0.01Beat +36%
2025-05-06$-0.10$-0.09Beat +16%
2025-02-27$-0.14$-0.11Beat +21%

Across the last 6 quarters here, Opendoor Technologies Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Real Estate

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What are the scenarios for Opendoor Technologies Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$9$4$2today · $4▲ Bull · $5• Base · $4▼ Bear · $3in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +35%A sudden drop in mortgage rates sparks a rush of new property transactions.
Base
-5% to +10%The housing market ticks along quietly with steady, unspectacular trading volumes.
Bear
-30% to -15%Stubbornly high borrowing costs freeze the property market and stall home sales.

What are the pros and cons of Opendoor Technologies Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Recognized pioneer in digital property trading
  • Removes traditional estate agent delays for motivated sellers
  • Massive potential market size across American suburbs
The catch3
  • Deeply negative net profit margins
  • Revenues are shrinking significantly year-on-year
  • Highly vulnerable to sudden drops in house prices
Key risks3
  • Holding expensive property during a market downturn
  • High market volatility reflected by a high beta
  • Ongoing losses threatening financial stability
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.