Added to YB: 2026-05-07
Pitch date: 2026-05-05
OPEN [neutral]
Opendoor Technologies Inc.
+3.41%
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
$5.2B
Pitch Price
$5.28
Price Target
5.50 (+1%)
Dividend
N/A
EV/EBITDA
-24.76
P/E
-3.20
EV/Sales
1.27
Sector
Real Estate Management and Development
Category
turnaround
Opendoor ($OPEN) — The cowboy bet on the digitalization of American real estate
OPEN (overview): iBuying platform buying/reselling homes directly, targeting $1.7T US residential market (<1% digitized). Transitioning from asset-heavy trader to AI/data platform. Rev in billions but still unprofitable. Stock surged +600%, now consolidating $4.50-$5.50. Key risks: dilution via convertibles, debt-financed inventory, cyclical exposure. Bull case: becomes dominant platform. Bear case: stagnation + dilution. Awaiting proof of sustainable profitability.
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