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Dynamic quotes 
OFFON

OPENDOOR TECHNOLOGIES INC.

(OPEN)
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Opendoor Technologies Inc. : Still trending down

09/20/2021 | 07:36am EDT
short sell
Stop-loss triggered
Entry price : 17.43$ | Target : 14.4$ | Stop-loss : 20.4$ | Potential : 17.38%
The underlying trend is clearly bearish for stocks in Opendoor Technologies Inc.. This should continue to be the case over the coming trading sessions.
Investors should open a short trade and target the $ 14.4.
Opendoor Technologies Inc. : Opendoor Technologies Inc. : Still trending down
Summary
  • Overall, the company has poor fundamentals for a medium to long-term investment strategy.
  • The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths
  • Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses
  • As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
  • The company has insufficient levels of profitability.
  • For the past year, analysts have significantly revised downwards their profit estimates.
  • The average consensus view of analysts covering the stock has deteriorated over the past four months.
  • Over the past twelve months, analysts' opinions have been revised negatively.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 6 829 M - -
Net income 2021 -623 M - -
Net cash 2021 3 030 M - -
P/E ratio 2021 -22,3x
Yield 2021 -
Capitalization 14 523 M 14 523 M -
EV / Sales 2021 1,68x
EV / Sales 2022 0,95x
Nbr of Employees 1 048
Free-Float 82,2%
Upcoming event on OPENDOOR TECHNOLOGIES INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 24,02 $
Average target price 32,67 $
Spread / Average Target 36,0%
EPS Revisions
Managers and Directors
Eric Wu Chairman & Chief Executive Officer
Andrew Low Ah Kee President
Carrie Ann Wheeler Chief Financial Officer
Ian Wong Chief Technology Officer
Daniel Morillo Chief Investment Officer