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This Growth Stock Is Down More Than 90%. Should You Buy It Hand Over Fist?
The Motley Fool· 2024-01-22 12:14
One of the worst-hit industries last year was real estate. With skyrocketing interest rates, fewer people could afford to buy a home. Naturally, all sorts of companies that sell products related to home buying have been negatively affected, some to the extreme. Opendoor Technologies (OPEN 4.65%) is in that boat. It's down 91% from its highs and trades at a dirt cheap valuation. But not all cheap stocks are bargains. Should you buy Opendoor stock right now?Why Opendoor is down in the dumpsOpendoor is an iBuy ...
Opendoor Technologies Inc. (OPEN) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-01-11 00:35
Opendoor Technologies Inc. (OPEN) closed the most recent trading day at $3.68, moving -0.54% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.57%. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq gained 0.75%.Heading into today, shares of the company had gained 7.56% over the past month, outpacing the Business Services sector's gain of 2.21% and the S&P 500's gain of 3.4% in that time.Investors will be eagerly watching for the performance of O ...
Opendoor to Report Fourth Quarter 2023 Financial Results on February 15th, 2024
Newsfilter· 2024-01-04 14:00
SAN FRANCISCO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report fourth quarter 2023 financial results for the period ended December 31, 2023 following the close of the market on Thursday, February 15, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: ...
Opendoor Technologies Inc. (OPEN) Presents at UBS Global Technology Conference (Transcript)
2023-11-29 01:16
Opendoor Technologies Inc. (NASDAQ:OPEN) UBS Global Technology Conference November 28, 2023 3:35 PM ET Company Participants Carrie Wheeler - Chief Executive Officer Conference Call Participants Stephen Ju - UBS Stephen Ju All right. We are good to go. All right. So good afternoon everybody. So I'm Stephen Ju with the UBS Internet Equity Research Team. Sitting next to me is the CEO of Opendoor, Carrie Wheeler. So thanks for coming. I think this is -- yes, your inaugural appearance here. So welcome. Yes. So I ...
Opendoor(OPEN) - 2023 Q3 - Earnings Call Transcript
2023-11-02 23:37
Christy Schwartz - Interim Chief Financial Officer Ygal Arounian - Citigroup Chad Larkin - Oppenheimer & Company Kimberly Niehaus evaluate the company's financial performance. For a reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP metric, please see our website at investor.opendoor.com. In the third quarter, Opendoor purchased 3,136 homes. This was an increase of 17% quarter-over-quarter, despite the fact that average new listings were down 8% within our buybo ...
Opendoor(OPEN) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number 001-39253 Opendoor Technologies Inc. (Exact name of registrant as specified in its c ...
Opendoor Technologies Inc. (OPEN) Goldman Sachs 2023 Communacopia & Technology Conference Transcript
2023-09-08 14:54
Opendoor Technologies Inc. (NASDAQ:OPEN) Goldman Sachs 2023 Communacopia & Technology Conference September 7, 2023 7:25 PM ET Company Participants Carrie Wheeler - CEO Conference Call Participants Michael Ng - Goldman Sachs Michael Ng Welcome to the Opendoor presentation at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing Carrie Wheeler, CEO of Opendoor Technologies. She served as CFO for Opendoor for two years before being appointed as CEO in December of 2022. ...
Opendoor(OPEN) - 2023 Q2 - Earnings Call Transcript
2023-08-03 23:27
Opendoor Technologies Inc. (NASDAQ:OPEN) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Whitney Kukulka - IR Carrie Wheeler - CEO Christina Schwartz - Interim CFO Dod Fraser - President, Open Exchange Conference Call Participants Dae Lee - JPMorgan Chad Larkin - Oppenheimer Ygal Arounian - Citi Group Nick Jones - JMP Securities Ryan Tomasello - KBW Curtis Nagle - Bank of America Ryan McKeveny - Zelman and Associates Operator Good day, and thank you for standing by. Welcome t ...
Opendoor(OPEN) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number 001-39253 Opendoor Technologies Inc. (Exact name of registrant as specified in its charte ...
Opendoor(OPEN) - 2023 Q1 - Earnings Call Transcript
2023-05-04 23:06
Opendoor Technologies, Inc. (NASDAQ:OPEN) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Conference Call Participants I would now like to hand the conference over to your speaker today, Elise Wang, Vice President, Investor Relations. Please go ahead. Before we start, I would like to remind you that the following discussion contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact are statements that could be deemed ...