Added to YB: 2025-10-06
Pitch date: 2025-08-18
OPEN [bearish]
Opendoor Technologies Inc.
-62.98%
current return
Author Info
No bio for this author
Company Info
Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States.
Market Cap
$6.6B
Pitch Price
$4.03
Price Target
1.00 (-85%)
Dividend
N/A
EV/EBITDA
-50.45
P/E
-19.35
EV/Sales
1.56
Sector
Real Estate Management and Development
Category
N/A
Opendoor Technologies Inc. - $OPEN (short)
OPEN short: Failed house-flipping model destroyed $3.8B, never profitable except 1Q22 amid housing boom (4.8% ROE). New 'capital-light' initiatives (Key Connections lead-gen, Cash Plus profit-sharing) unlikely to work. Recent retail pump led by Eric Jackson claiming 100x potential lacks merit - not next CVNA. Supply overhang from insiders, $200M ATM program threatens further downside to <$1.
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