This online real estate stock is too cheap to ignore. Metric 2020 2021 2022 2023 Opendoor (OPEN -1.03%) has been a tough stock to own over the past few years. The online real estate company's stock started trading at $31.47 after it went public by merging with a special purpose acquisition company (SPAC) in December 2020 and reached its record high of $35.88 during the apex of the growth-stock rally in February 2021. Since then, however, Opendoor's stock has declined 94% to about $2. It crashed and burned a ...

The long-suffering real estate stocks are suddenly soaring. Opendoor Technologies (OPEN 2.38%) and Redfin (RDFN -1.58%) are cut from the same cloth in many ways. Both are real estate tech stocks aiming to disrupt the massive real estate industry. They have a lot of exposure to the housing market, which has sunk both stocks in the post-pandenice shump. As the chart below shows, Opendoor and Redfin are both down sharply from their previous peaks. VAL Opendoor Technologies Inc (OPEN) Price % Off High -93.38% R ...

iBuying is still an unproven business, but Opendoor is the best bet in the industry. iBuying has been one of the most disruptive ideas to enter the real estate industry in decades. iBuying, which stands for instant buying, is home-flipping taken to its logical end, done at a large scale by corporations, rather than just a small contractor. The practice once held a lot of promise as technology has made it easier to buy and sell a home, see comparable sale prices and other useful information, and collect and ...

The real estate disruptor has delivered strong results, but its stock isn't performing well. Here's why. Real estate technology company Opendoor (OPEN -1.87%) reported second-quarter results that exceeded the high end of management's expectations in all key areas, but the stock declined. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss the latest results, why Opendoor's stock has done so poorly, and what investors should keep in mind. *Stock prices used were the morning prices of Au ...

There was a lot to like in Opendoor's latest earnings report, but the outlook is troubling. Opendoor (OPEN -1.87%) is down by 53% so far in 2024, and what makes this even more interesting is that most real estate technology stocks, such as Zillow and Redfin, are performing far better. What's more, Opendoor recently reported second-quarter results that surpassed even the high end of management's expectations. So with the Federal Reserve set to start lowering interest rates, and a general sense of optimism th ...

SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the Goldman Sachs Communacopia & Technology Conference on Monday, September 9, 2024 at 4:25pm PT/7:25pm ET. A live webcast of the presentation will be available at investor.opendoor.com. About Opendoor Opendoor's mission is to power life's progress, one move at a time. Si ...

The iBuying business is down, but is it out? Opendoor (OPEN -5.60%) seems to be one of the few companies left in the iBuying business after competitors like Zillow (Z -0.07%) left the market. The challenge has been making money in a tight housing market that leaves iBuyers with the worst options. In this video, Travis Hoium examines whether this opportunity is worth buying or staying away from. *Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024. ...

Interest rates are coming down soon. That's good news for Opendoor. Shares of Opendoor Technologies (OPEN 13.61%) were among the winners today after Fed Chair Jerome Powell gave dovish remarks about interest rates at a closely watched speech in Jackson Hole, Wyoming. Real estate stock investors have been anticipating news that the Federal Reserve would lower rates soon, and Powell's embrace of rate cuts sent Opendoor and its real estate tech peers soaring today. As of 1:02 p.m. ET, shares of the online real ...

This beaten-down innovator is tweaking its marketing strategy and staging a comeback. Opendoor Technologies (OPEN -0.77%) started its publicly traded life on a high note. Shares of the cloudbased residential real estate trader more than tripled in its first eight months on the market. But the joy didn't last long. Opendoor's stock is down 94.6% from the peak in February 2021. The stock isn't an obvious slam dunk today, but I do see signs of better days ahead. Opendoor deserves your consideration if you're i ...

公司概况 - Opendoor Technologies 是一家房地产科技领域的领军企业，以其即时现金报价帮助房主简化房地产销售流程而闻名[2] - 尽管公司拥有巨大的交易模式潜力，但尚未将其转化为成功的商业模式，股价自疫情高峰以来下跌了95%，主要原因是持续亏损和房地产市场长期疲软[3] 财务表现 - 公司在第二季度售出4,078套房屋，营收为15亿美元，同比下降24%[6] - 尽管整体营收下降，但公司在调整单位经济效益方面取得了进展，贡献利润率从去年的-4.6%提升至6.3%，每套房屋的贡献利润从去年的亏损17,000美元变为盈利23,000美元，调整后的EBITDA亏损从1.68亿美元缩小至500万美元[7] 市场策略与展望 - 公司计划在市场恢复正常时增加收购，季度末库存为6,399套房屋，几乎是去年同期的两倍，管理层认为这将对公司的利润率产生积极影响[9] - 尽管存在不确定性，但市场对联邦储备可能降息的乐观预期可能会为房地产市场带来缓解，吸引买家回归[11] - 公司最理想的情景是全国现有房屋销售量增加，平均销售价格稳定或上升，这表明市场健康状况改善，有助于公司长期发展[12] 投资风险与建议 - 公司仍面临高风险，股票估值仅为过去一年营收的0.25倍，市场对其长期战略潜力持怀疑态度[14] - 对于现有投资者，建议持有，因为股价已大幅下跌，许多弱点已反映在股价中；对于潜在投资者，建议观望[15]