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Opendoor Technologies Inc. (OPENZ) Stock Fundamental Analysis & AI Rating 2026

OPENZ Nasdaq Real Estate Agents & Managers (For Others) CIK: 0001801169
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
80% Conf
Pending
Analysis scheduled

📊 OPENZ Key Takeaways

Revenue: $4.4B
Net Margin: -29.7%
Free Cash Flow: $1.0B
Current Ratio: 7.03x
Debt/Equity: 0.44x
EPS: $-1.70
AI Rating: SELL with 80% confidence
Opendoor Technologies Inc. (OPENZ) receives a SELL rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.4B, net profit margin of -29.7%, and return on equity (ROE) of -129.4%, Opendoor Technologies Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete OPENZ stock analysis for 2026.

Is Opendoor Technologies Inc. (OPENZ) a Good Investment?

Claude

Opendoor faces severe operational challenges with 15.2% YoY revenue decline, negative operating margins (-6.6%), and substantial net losses (-$1.3B). While exceptional free cash flow ($1.0B) and strong liquidity (7.03x current ratio, $962M cash) provide near-term runway, the company's 8% gross margin, negative ROE (-129.4%), and unprofitable operations indicate a broken business model unable to achieve sustainable profitability.

Why Buy Opendoor Technologies Inc. Stock? OPENZ Key Strengths

Claude
  • + Exceptional free cash flow generation ($1.0B OCF, 23.7% FCF margin) despite operating losses
  • + Strong liquidity position with $962M cash and 7.03x current ratio
  • + Moderate leverage (0.44x debt/equity) provides financial flexibility

OPENZ Stock Risks: Opendoor Technologies Inc. Investment Risks

Claude
  • ! Revenue declining 15.2% YoY with no profitability path visible
  • ! Critically thin gross margins (8%) indicate weak competitive positioning and pricing power
  • ! Massive net losses (-$1.3B, -29.7% net margin) with negative returns on equity (-129.4%) and assets (-54.0%)
  • ! Negative operating income (-$287M) and negative interest coverage (-7.8x) showing operational distress
  • ! FCF positive but net income negative suggests large non-cash charges indicating asset impairments or write-downs

Key Metrics to Watch

Claude
  • * Gross margin trajectory and unit economics improvement
  • * Revenue stabilization and return to growth
  • * Operating margin path to profitability
  • * Working capital requirements and sustainability of positive free cash flow

Opendoor Technologies Inc. (OPENZ) Financial Metrics & Key Ratios

Revenue
$4.4B
Net Income
$-1.3B
EPS (Diluted)
$-1.70
Free Cash Flow
$1.0B
Total Assets
$2.4B
Cash Position
$962.0M

💡 AI Analyst Insight

The 23.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 7.03x current ratio provides a solid financial cushion.

OPENZ Profit Margin, ROE & Profitability Analysis

Gross Margin 8.0%
Operating Margin -6.6%
Net Margin -29.7%
ROE -129.4%
ROA -54.0%
FCF Margin 23.7%

OPENZ vs Real Estate Sector: How Opendoor Technologies Inc. Compares

How Opendoor Technologies Inc. compares to Real Estate sector averages

Net Margin
OPENZ -29.7%
vs
Sector Avg 20.0%
OPENZ Sector
ROE
OPENZ -129.4%
vs
Sector Avg 8.0%
OPENZ Sector
Current Ratio
OPENZ 7.0x
vs
Sector Avg 1.5x
OPENZ Sector
Debt/Equity
OPENZ 0.4x
vs
Sector Avg 1.5x
OPENZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Opendoor Technologies Inc. Stock Overvalued? OPENZ Valuation Analysis 2026

Based on fundamental analysis, Opendoor Technologies Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
-129.4%
Sector avg: 8%
Net Profit Margin
-29.7%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.44x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Opendoor Technologies Inc. Balance Sheet: OPENZ Debt, Cash & Liquidity

Current Ratio
7.03x
Quick Ratio
7.03x
Debt/Equity
0.44x
Debt/Assets
58.2%
Interest Coverage
-7.76x
Long-term Debt
$445.8M

OPENZ Revenue & Earnings Growth: 5-Year Financial Trend

OPENZ 5-year financial data: Year 2021: Revenue $8.0B, Net Income -$341.0M, EPS $-4.37. Year 2022: Revenue $15.6B, Net Income -$253.0M, EPS $-2.31. Year 2023: Revenue $15.6B, Net Income -$662.0M, EPS $-1.12. Year 2024: Revenue $15.6B, Net Income -$1.4B, EPS $-2.16. Year 2025: Revenue $6.9B, Net Income -$275.0M, EPS $-0.42.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Opendoor Technologies Inc.'s revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $-0.42 indicates the company is currently unprofitable.

OPENZ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
23.7%
Free cash flow / Revenue

OPENZ Quarterly Earnings & Performance

Quarterly financial performance data for Opendoor Technologies Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $915.0M -$78.0M $-0.11
Q2 2025 $1.5B -$29.0M $-0.04
Q1 2025 $1.2B -$85.0M $-0.12
Q3 2024 $980.0M -$78.0M $-0.11
Q2 2024 $1.5B $23.0M $0.03
Q1 2024 $1.2B -$101.0M $-0.16
Q3 2023 $980.0M -$106.0M $-0.16
Q2 2023 $2.0B $23.0M $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Opendoor Technologies Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.0B
Cash generated from operations
Capital Expenditures
$12.0M
Investment in assets
Dividends
None
No dividend program

OPENZ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Opendoor Technologies Inc. (CIK: 0001801169)

📋 Recent SEC Filings

Date Form Document Action
Feb 19, 2026 4 xslF345X05/wk-form4_1771541896.xml View →
Feb 19, 2026 4 xslF345X05/wk-form4_1771541881.xml View →
Feb 19, 2026 4 xslF345X05/wk-form4_1771541866.xml View →
Feb 19, 2026 4 xslF345X05/wk-form4_1771541699.xml View →
Feb 19, 2026 10-K open-20251231.htm View →

Frequently Asked Questions about OPENZ

What is the AI rating for OPENZ?

Opendoor Technologies Inc. (OPENZ) has an AI rating of SELL with 80% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OPENZ's key strengths?

Claude: Exceptional free cash flow generation ($1.0B OCF, 23.7% FCF margin) despite operating losses. Strong liquidity position with $962M cash and 7.03x current ratio.

What are the risks of investing in OPENZ?

Claude: Revenue declining 15.2% YoY with no profitability path visible. Critically thin gross margins (8%) indicate weak competitive positioning and pricing power.

What is OPENZ's revenue and growth?

Opendoor Technologies Inc. reported revenue of $4.4B.

Does OPENZ pay dividends?

Opendoor Technologies Inc. does not currently pay dividends.

Where can I find OPENZ SEC filings?

Official SEC filings for Opendoor Technologies Inc. (CIK: 0001801169) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OPENZ's EPS?

Opendoor Technologies Inc. has a diluted EPS of $-1.70.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OPENZ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Opendoor Technologies Inc. has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OPENZ stock overvalued or undervalued?

Valuation metrics for OPENZ: ROE of -129.4% (sector avg: 8%), net margin of -29.7% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy OPENZ stock in 2026?

Our dual AI analysis gives Opendoor Technologies Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OPENZ's free cash flow?

Opendoor Technologies Inc.'s operating cash flow is $1.0B, with capital expenditures of $12.0M. FCF margin is 23.7%.

How does OPENZ compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -29.7% (avg: 20%), ROE -129.4% (avg: 8%), current ratio 7.03 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI