Trading Day Review: Opendoor Technologies Inc (OPEN) Loses Momentum, Closing at 0.74

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The price of Opendoor Technologies Inc (NASDAQ: OPEN) closed at $0.74 in the last session, down -0.40% from day before closing price of $0.75. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 42.7 million shares were traded. OPEN stock price reached its highest trading level at $0.773 during the session, while it also had its lowest trading level at $0.718.

Ratios:

We take a closer look at OPEN’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 3.25 whereas as Long-Term Debt/Eq ratio is at 2.64.

On December 13, 2023, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $3.50.

On November 21, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $2.80.Deutsche Bank initiated its Hold rating on November 21, 2023, with a $2.80 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 15 ’25 when Schaub Sydney sold 17,162 shares for $0.96 per share. The transaction valued at 16,455 led to the insider holds 1,601,414 shares of the business.

Schaub Sydney sold 126 shares of OPEN for $120 on Apr 16 ’25. The Chief Legal Officer now owns 1,606,288 shares after completing the transaction at $0.95 per share. On Apr 16 ’25, another insider, SYDNEY SCHAUB, who serves as the Officer of the company, bought 126 shares for $0.92 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPEN now has a Market Capitalization of 542736704 and an Enterprise Value of 2176731392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.422 whereas that against EBITDA is -8.777.

Stock Price History:

The Beta on a monthly basis for OPEN is 2.87, which has changed by -0.68297875 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, OPEN has reached a high of $3.09, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is -31.33%, while the 200-Day Moving Average is calculated to be -55.40%.

Shares Statistics:

According to the various share statistics, OPEN traded on average about 47.50M shares per day over the past 3-months and 73295840 shares per day over the past 10 days. A total of 719.99M shares are outstanding, with a floating share count of 610.84M. Insiders hold about 16.20% of the company’s shares, while institutions hold 49.63% stake in the company. Shares short for OPEN as of 1744675200 were 80883043 with a Short Ratio of 1.70, compared to 1741910400 on 70067867. Therefore, it implies a Short% of Shares Outstanding of 80883043 and a Short% of Float of 12.870000000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

At present, 5.0 analysts are actively evaluating the performance of Opendoor Technologies Inc (OPEN) in the stock market.The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.06 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.24 and -$0.43 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.25, with 5.0 analysts recommending between -$0.13 and -$0.53.

Revenue Estimates

According to 10 analysts, the current quarter’s revenue is expected to be $1.06B. It ranges from a high estimate of $1.08B to a low estimate of $1.03B. As of the current estimate, Opendoor Technologies Inc’s year-ago sales were $1.18BFor the next quarter, 10 analysts are estimating revenue of $1.45B. There is a high estimate of $1.7B for the next quarter, whereas the lowest estimate is $1.19B.

A total of 11 analysts have provided revenue estimates for OPEN’s current fiscal year. The highest revenue estimate was $6.15B, while the lowest revenue estimate was $4.51B, resulting in an average revenue estimate of $5.24B. In the same quarter a year ago, actual revenue was $5.15BBased on 11 analysts’ estimates, the company’s revenue will be $6.45B in the next fiscal year. The high estimate is $8.67B and the low estimate is $5.65B.

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