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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Operating Margin
Opendoor Technologies Inc

-6.6%
Current
-6%
Average
25%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-6.6%
=
Operating Profit
-328m
/
Revenue
4.9B

Operating Margin Across Competitors

Country US
Market Cap 1.1B USD
Operating Margin
-7%
Country US
Market Cap 39.4B USD
Operating Margin
4%
Country CN
Market Cap 152.6B HKD
Operating Margin
3%
Country US
Market Cap 16.3B USD
Operating Margin
-10%
Country US
Market Cap 11.8B USD
Operating Margin
4%
Country CA
Market Cap 11.5B CAD
Operating Margin
6%
Country CA
Market Cap 9.8B CAD
Operating Margin
8%
Country US
Market Cap 2.8B USD
Operating Margin
-4%
Country UK
Market Cap 2.8B USD
Operating Margin
3%
Country US
Market Cap 2.1B USD
Operating Margin
6%
Country HK
Market Cap 15.8B HKD
Operating Margin
14%
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 Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-6.6%
=
Operating Profit
-328m
/
Revenue
4.9B
What is the Operating Margin of Opendoor Technologies Inc?

Based on Opendoor Technologies Inc's most recent financial statements, the company has Operating Margin of -6.6%.