With Opendoor Technologies Stock Sliding, Have You Assessed The Risk?

Opendoor Technologies (OPEN) stock is down 8.2% in a day. The recent slide reflects renewed concerns around evolving real estate dynamics and capital-intensive iBuying challenges, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?

Before judging its downturn reslience, let’s look at where Opendoor Technologies stands today.

• Size: Opendoor Technologies is a $5.3 Bil company with $4.7 Bil in revenue currently trading at $7.14.
• Fundamentals: Last 12 month revenue growth of -4.5% and operating margin of -4.3%.
• Liquidity: Has Debt to Equity ratio of 0.3 and Cash to Assets ratio of 0.36
• Valuation: Opendoor Technologies stock is currently trading at P/E multiple of -18.7 and P/EBIT multiple of -32.7
• Has returned (median) -37.3% within a year following sharp dips since 2010

These metrics point to a Very Weak operational performance, alongside Low valuation – making the stock Unattractive. For details, see Buy or Sell OPEN Stock

That brings us to the key consideration for investors worried about this fall: how resilient is OPEN stock if markets turn south? This is where our downturn resilience framework comes in. Suppose OPEN stock falls another 20-30% to $5 – can investors comfortably hold on? Turns out, the stock has fared worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.

2022 Inflation Shock

• OPEN stock fell 97.3% from a high of $35.88 on 11 February 2021 to $0.97 on 27 December 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
• The stock is yet to recover to its pre-Crisis high
• The highest the stock has reached since then is $10.52 on 11 September 2025 , and currently trades at $7.14

 
2020 Covid Pandemic

• OPEN stock fell 41.3% from a high of $26.48 on 14 October 2020 to $15.55 on 2 November 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
• However, the stock fully recovered to its pre-Crisis peak by 9 December 2020

 
Feeling jittery about OPEN stock? Consider portfolio approach.

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Markets move differently but a mix of assets smooths volatility. A multi asset portfolio keeps you invested and reduces the impact of sharp drops in any single area.

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