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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Net Margin
Opendoor Technologies Inc

-7.5%
Current
-7%
Average
7.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-7.5%
=
Net Income
-370m
/
Revenue
4.9B

Net Margin Across Competitors

Country US
Market Cap 1.1B USD
Net Margin
-7%
Country US
Market Cap 39.4B USD
Net Margin
3%
Country CN
Market Cap 152.6B HKD
Net Margin
5%
Country US
Market Cap 16.3B USD
Net Margin
-6%
Country US
Market Cap 11.8B USD
Net Margin
2%
Country CA
Market Cap 11.5B CAD
Net Margin
2%
Country CA
Market Cap 9.8B CAD
Net Margin
3%
Country US
Market Cap 2.8B USD
Net Margin
-4%
Country UK
Market Cap 2.8B USD
Net Margin
1%
Country US
Market Cap 2.1B USD
Net Margin
2%
Country HK
Market Cap 15.8B HKD
Net Margin
11%
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
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-7.5%
=
Net Income
-370m
/
Revenue
4.9B
What is the Net Margin of Opendoor Technologies Inc?

Based on Opendoor Technologies Inc's most recent financial statements, the company has Net Margin of -7.5%.