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Stock impact report

Why Analysts See 42% Downside Despite Opendoor's Massive Stock Surge [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
Zillow (Z) tried the same iBuying model and exited entirely in 2021 after failing to liquidate profitably. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Opendoor Technologies ( NASDAQ:OPEN ) is up 378% over the past year while retail investors post gambling wins on Reddit and analysts call it a potential 10-bagger. The company burned $595 million in operating cash flow in 2024 and posted a negative 6.7% profit margin. Someone's math doesn't add up. Zillow Group ( NASDAQ:Z ) tried this exact model and imploded in 2021. The real estate giant accumulated billions in inventory, couldn't liquidate homes profitably when rates rose, and exited iBuying entirely. Zillow still operates at negative margins despite $2.5 billion in revenue and a $15.7 billion market cap. If a company 10 times Opendoor's size with an established brand couldn't make the unit economics work, what makes Opendoor Show less Read more
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