OpendoorOPEN
About: Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
Employees: 1,470
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
7% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 43
2.5% less ownership
Funds ownership: 55.09% [Q3] → 52.6% (-2.5%) [Q4]
3% less funds holding
Funds holding: 290 [Q3] → 280 (-10) [Q4]
13% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $11.7M
19% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 97
22% less capital invested
Capital invested by funds: $774M [Q3] → $602M (-$173M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
UBS Lloyd Walmsley 50% 1-year accuracy 10 / 20 met price target | 58%upside $1.20 | Neutral Maintained | 4 Mar 2025 |
Keefe, Bruyette & Woods Ryan Tomasello 67% 1-year accuracy 8 / 12 met price target | 104%upside $1.55 | Market Perform Maintained | 3 Mar 2025 |
Citigroup Ygal Arounian 42% 1-year accuracy 11 / 26 met price target | 85%upside $1.40 | Neutral Maintained | 28 Feb 2025 |
Financial journalist opinion
Based on 7 articles about OPEN published over the past 30 days
