Opendoor Technologies Inc
NASDAQ:OPEN

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Opendoor Technologies Inc
NASDAQ:OPEN
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Price: 1.61 USD -6.4% Market Closed
Market Cap: 1.2B USD
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Opendoor Technologies Inc
Research & Development

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Opendoor Technologies Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
Opendoor Technologies Inc
NASDAQ:OPEN
Research & Development
-$158m
CAGR 3-Years
-42%
CAGR 5-Years
-41%
CAGR 10-Years
N/A
Jones Lang LaSalle Inc
NYSE:JLL
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
C
Compass Inc
NYSE:COMP
Research & Development
-$184.5m
CAGR 3-Years
-8%
CAGR 5-Years
-27%
CAGR 10-Years
N/A
CBRE Group Inc
NYSE:CBRE
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Zillow Group Inc
NASDAQ:ZG
Research & Development
-$577m
CAGR 3-Years
-11%
CAGR 5-Years
-8%
CAGR 10-Years
-29%
Newmark Group Inc
NASDAQ:NMRK
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Opendoor Technologies Inc
Glance View

Market Cap
1.1B USD
Industry
Real Estate

Opendoor Technologies Inc., co-founded by Eric Wu, is a frontrunner in revolutionizing the real estate industry through its innovative technology-driven model. The company carved out a niche by simplifying the home-selling process; it uses data science to make instant offers to homeowners wanting to sell their properties. This approach significantly reduces the hassle and time traditionally involved with real estate transactions. By utilizing algorithms that consider various data points from market trends to property specifics, Opendoor makes speedy cash offers, allowing sellers to bypass the often cumbersome listing, staging, and negotiation stages. Once a property is acquired, Opendoor assumes the role of a traditional home flipper. The company undertakes necessary renovations and enhancements to prepare the property for resale. Its profit model hinges on selling homes at a margin above the purchase and repair costs, as well as charging fees similar to a conventional real estate commission. By streamlining the transaction process with a focus on convenience and certainty, Opendoor not only appeals to sellers seeking quick sales but also attracts buyers with thoroughly prepped homes, ready for immediate move-in. This transactional efficiency and customer-centric focus position Opendoor as a disruptive force in the real estate sector, challenging traditional brokerage models with its tech-forward, efficient approach.

OPEN Intrinsic Value
7.4 USD
Undervaluation 78%
Intrinsic Value
Price

See Also

What is Opendoor Technologies Inc's Research & Development?
Research & Development
-158m USD

Based on the financial report for Dec 31, 2023, Opendoor Technologies Inc's Research & Development amounts to -158m USD.

What is Opendoor Technologies Inc's Research & Development growth rate?
Research & Development CAGR 5Y
-41%

Over the last year, the Research & Development growth was 5%. The average annual Research & Development growth rates for Opendoor Technologies Inc have been -42% over the past three years , -41% over the past five years .

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