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Opendoor Technologies (OPEN)

(Delayed Data from NSDQ)

$2.11 USD

2.11
3,271,015

-0.06 (-2.76%)

Updated Apr 22, 2024 11:56 AM ET

Pre-Market: $2.17 +0.06 (2.84%) 8:58 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 39% (153 out of 252)

Industry: Technology Services

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Balance Sheet

Research for OPEN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Opendoor Technologies Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,609 1,935 3,062 1,553 0
Receivables 9 30 84 1 0
Notes Receivable 0 0 7 8 0
Inventories 1,775 4,460 6,096 466 0
Other Current Assets 52 41 91 25 0
Total Current Assets 3,445 6,466 9,340 2,053 0
Net Property & Equipment 66 58 45 29 0
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 9 16 72 40 0
Deposits & Other Assets 22 27 7 4 0
Total Assets 3,567 6,608 9,506 2,176 0
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 64 110 137 25 0
Current Portion Long-Term Debt 0 1,376 7 346 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1 12 4,252 1 0
Total Current Liabilities 70 1,505 4,400 393 0
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 376 959 954 0 0
Long-Term Debt 2,134 3,020 0 135 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1 0 1,862 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,600 5,522 7,258 576 0
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 4,301 4,148 3,955 2,677 0
Retained Earnings -3,333 -3,058 -1,705 -1,077 0
Other Equity -1 -4 -2 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 967 1,086 2,248 1,600 0
Total Liabilities & Shareholder's Equity 3,567 6,608 9,506 2,176 0
Total Common Equity 967 1,086 2,248 1,600 0
Shares Outstanding 677.60 637.30 617.80 540.70 NA
Book Value Per Share 1.43 1.70 3.64 2.96 0.00

Fiscal Year End for Opendoor Technologies Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,609 2,450 2,894 2,766
Receivables NA 9 11 13 42
Notes Receivable NA 0 0 0 0
Inventories NA 1,775 1,311 1,149 2,118
Other Current Assets NA 52 47 37 46
Total Current Assets NA 3,445 3,819 4,093 4,972
Net Property & Equipment NA 66 68 62 59
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 9 11 13 15
Deposits & Other Assets NA 22 22 27 27
Total Assets NA 3,567 3,947 4,223 5,112
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 64 67 65 77
Current Portion Long-Term Debt NA 0 0 15 355
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1 1 1 4
Total Current Liabilities NA 70 74 88 443
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 376 502 501 774
Long-Term Debt NA 2,134 2,330 2,527 2,824
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,600 2,927 3,137 4,076
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 4,301 4,263 4,224 4,198
Retained Earnings NA -3,333 -3,242 -3,136 -3,159
Other Equity NA -1 -1 -2 -3
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 967 1,020 1,086 1,036
Total Liabilities & Shareholder's Equity NA 3,567 3,947 4,223 5,112
Total Common Equity 0 967 1,020 1,086 1,036
Shares Outstanding 679.60 677.60 670.00 659.20 648.70
Book Value Per Share 0.00 1.43 1.52 1.65 1.60