Opendoor Technologies Inc. (OPEN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Opendoor Technologies Inc. Do?
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona. Opendoor Technologies Inc. (OPEN) is classified as a mid-cap stock in the Real Estate sector. The company is led by CEO Carrie A. Wheeler and employs approximately 2,570 people, headquartered in SAN FRANCISCO, Arizona. With a market capitalization of $4.4B, OPEN is one of the notable companies in the Real Estate sector.
Opendoor Technologies Inc. (OPEN) Stock Rating — Reduce (April 2026)
As of April 2026, Opendoor Technologies Inc. receives a Reduce rating with a composite score of 32.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.OPEN ranks #3,672 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, Opendoor Technologies Inc. ranks #48 of 57 stocks, placing it in the lower half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
OPEN Stock Price and 52-Week Range
Opendoor Technologies Inc. (OPEN) currently trades at $4.36. The stock gained $0.05 (1.2%) in the most recent trading session. The 52-week high for OPEN is $10.87, which means the stock is currently trading -59.9% from its annual peak. The 52-week low is $0.51, putting the stock 757.6% above its annual trough. Recent trading volume was 26.3M shares, indicating strong institutional interest and high liquidity.
Is OPEN Overvalued or Undervalued? — Valuation Analysis
Opendoor Technologies Inc. (OPEN) carries a value factor score of 24/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 4.34x, versus the sector average of 1.18x. The price-to-sales ratio is 0.87x, compared to 0.80x for the average Real Estate stock.
At current multiples, Opendoor Technologies Inc. trades at a premium to most Real Estate peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Opendoor Technologies Inc. Profitability — ROE, Margins, and Quality Score
Opendoor Technologies Inc. (OPEN) earns a quality factor score of 20/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -28.1%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -11.7% versus the sector average of 0.8%.
On a margin basis, Opendoor Technologies Inc. reports gross margins of 7.9%, compared to 26.0% for the sector. The operating margin is -4.5% (sector: 3.7%). Net profit margin stands at -6.2%, versus 1.8% for the average Real Estate stock. Revenue growth is running at -39.4% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
OPEN Debt, Balance Sheet, and Financial Health
Opendoor Technologies Inc. has a debt-to-equity ratio of 140.0%, compared to the Real Estate sector average of 60.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 7.03x, indicating strong short-term liquidity. Total debt on the balance sheet is $1.79B. Cash and equivalents stand at $962M.
OPEN has a beta of 1.80, meaning it is more volatile than the broader market — a $10,000 investment in OPEN would be expected to move 80.4% more than the S&P 500 on any given day. The stability factor score for Opendoor Technologies Inc. is 18/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Opendoor Technologies Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Opendoor Technologies Inc. reported revenue of $5.01B and earnings per share (EPS) of $-1.70. Net income for the quarter was $-282M. Gross margin was 7.9%. Operating income came in at $-204M.
In FY 2025, Opendoor Technologies Inc. reported revenue of $4.37B and earnings per share (EPS) of $-1.70. Net income for the quarter was $-1.30B. Gross margin was 8.0%. Revenue grew -15.2% year-over-year compared to FY 2024. Operating income came in at $-287M.
In Q3 2025, Opendoor Technologies Inc. reported revenue of $915M and earnings per share (EPS) of $-0.12. Net income for the quarter was $-90M. Gross margin was 7.2%. Revenue grew -33.6% year-over-year compared to Q3 2024. Operating income came in at $-68M.
In Q2 2025, Opendoor Technologies Inc. reported revenue of $1.57B and earnings per share (EPS) of $-0.04. Net income for the quarter was $-29M. Gross margin was 8.2%. Revenue grew 3.7% year-over-year compared to Q2 2024. Operating income came in at $-13M.
Over the past 8 quarters, Opendoor Technologies Inc. has demonstrated a growth trajectory, with revenue expanding from $1.51B to $5.01B. Investors analyzing OPEN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
OPEN Dividend Yield and Income Analysis
Opendoor Technologies Inc. (OPEN) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.
OPEN Momentum and Technical Analysis Profile
Opendoor Technologies Inc. (OPEN) has a momentum factor score of 51/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 39/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 43/100 reflects moderate short selling activity.
OPEN vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, Opendoor Technologies Inc. (OPEN) ranks #48 out of 57 stocks based on the Blank Capital composite score. This places OPEN in the lower half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing OPEN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full OPEN vs S&P 500 (SPY) comparison to assess how Opendoor Technologies Inc. stacks up against the broader market across all factor dimensions.
OPEN Next Earnings Date
No upcoming earnings date has been announced for Opendoor Technologies Inc. (OPEN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy OPEN? — Investment Thesis Summary
The quantitative profile for Opendoor Technologies Inc. suggests caution. The quality score of 20/100 flags below-average profitability. The value score of 24/100 indicates premium valuation. High volatility (stability score 18/100) increases portfolio risk.
In summary, Opendoor Technologies Inc. (OPEN) earns a Reduce rating with a composite score of 32.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on OPEN stock.
Related Resources for OPEN Investors
Explore more research and tools: OPEN vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare OPEN head-to-head with peers: OPEN vs UE, OPEN vs KW, OPEN vs AXR.