Opendoor Technologies Inc
NASDAQ:OPEN

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Opendoor Technologies Inc
NASDAQ:OPEN
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Price: 1.99 USD 17.06% Market Closed
Market Cap: 1.4B USD
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Gross Margin
Opendoor Technologies Inc

8.5%
Current
7%
Average
49.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
8.5%
=
Gross Profit
420m
/
Revenue
4.9B

Gross Margin Across Competitors

Country US
Market Cap 1.4B USD
Gross Margin
9%
Country US
Market Cap 41.4B USD
Gross Margin
20%
Country CN
Market Cap 171.3B HKD
Gross Margin
27%
Country US
Market Cap 18.9B USD
Gross Margin
76%
Country US
Market Cap 12.5B USD
Gross Margin
0%
Country CA
Market Cap 12.1B CAD
Gross Margin
33%
Country CA
Market Cap 10.2B CAD
Gross Margin
40%
Country US
Market Cap 3.5B USD
Gross Margin
18%
Country UK
Market Cap 3.3B USD
Gross Margin
18%
Country US
Market Cap 2.6B USD
Gross Margin
99%
Country HK
Market Cap 17B HKD
Gross Margin
16%
No Stocks Found

Opendoor Technologies Inc
Glance View

Market Cap
1.4B USD
Industry
Real Estate

Opendoor Technologies, Inc. operates as an online platform for buying, selling and trading-in residential properties. The company is headquartered in Tempe, Arizona and currently employs 2,816 full-time employees. The company went IPO on 2020-12-18. The firm is primarily engaged in the process of buying and selling a home digitally, where sellers uses opendoor.com, receives an offer, and sign and choose their closing date and buyers uses the Opendoor app, tour and visit both Opendoor and non-Opendoor homes, and make an offer, all through a mobile device. The firm acquires homes directly from individual sellers and resells those homes to buyers. Upon acquiring a home, it typically makes necessary renovations and repairs before listing it for sale on its Website, its mobile app, Multiple Listing Services (MLS) and other online real estate portals. Its product and service offerings include Opendoor Complete, Sell to Opendoor, Buy with Opendoor, Opendoor Home Loans, and Title and Escrow. The company operates approximately 44 markets across the United States.

OPEN Intrinsic Value
8.65 USD
Undervaluation 77%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
8.5%
=
Gross Profit
420m
/
Revenue
4.9B
What is the Gross Margin of Opendoor Technologies Inc?

Based on Opendoor Technologies Inc's most recent financial statements, the company has Gross Margin of 8.5%.