📊 OPENZ Key Takeaways
Is Opendoor Technologies Inc. (OPENZ) a Good Investment?
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.
Revenue is contracting while profitability remains deeply negative, with operating and net margins well below breakeven and severely negative returns on equity and assets. Liquidity is strong and leverage is moderate, but the reported free cash flow likely reflects working‑capital dynamics rather than durable earnings power. Until unit economics improve and interest coverage turns positive, fundamentals skew downside.
Opendoor Technologies Inc. Key Strengths (OPENZ)
- 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
- Robust liquidity (7.03x current ratio, $962M cash)
- Moderate leverage (0.44x D/E) providing runway
- Positive operating and free cash flow this period
OPENZ Stock Risks: Opendoor Technologies Inc. Investment Risks
- 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
- Sustained negative operating and net margins; severe negative ROE/ROA
- Revenue decline (-15.2% YoY) signaling pressure on throughput/demand
- Negative interest coverage and FCF quality dependent on working-capital unwind
Key Metrics to Watch
- 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
- Gross margin
- Interest coverage
Opendoor Technologies Inc. (OPENZ) Financial Metrics & Key Ratios
💡 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
OPENZ vs Real Estate Sector: How Opendoor Technologies Inc. Compares
How Opendoor Technologies Inc. compares to Real Estate sector averages
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.
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
OPENZ Revenue & Earnings Growth: 5-Year Financial Trend
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
OPENZ Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $720.0M | -$85.0M | $-0.12 |
| 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 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Opendoor Technologies Inc. Dividends, Buybacks & Capital Allocation
OPENZ SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Opendoor Technologies Inc. (CIK: 0001801169)
📋 Recent SEC Filings
❓ Frequently Asked Questions about OPENZ
What is the AI rating for OPENZ?
Opendoor Technologies Inc. (OPENZ) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 75% combined 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. ChatGPT: Robust liquidity (7.03x current ratio, $962M cash). Moderate leverage (0.44x D/E) providing runway.
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. ChatGPT: Sustained negative operating and net margins; severe negative ROE/ROA. Revenue decline (-15.2% YoY) signaling pressure on throughput/demand.
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 grade reflects both perspectives for balanced insights.
What is OPENZ's fundamental grade?
Based on our AI fundamental analysis in May 2026, Opendoor Technologies Inc. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. 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.
What is OPENZ's AI grade for 2026?
Our dual AI analysis gives Opendoor Technologies Inc. a combined C grade 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).