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OFFON

OPENDOOR TECHNOLOGIES INC.

(OPEN)
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Opendoor Technologies : Every Generation (Except Millennials) Wants This One Thing From Their Dream House

08/27/2021 EST

When it comes to buying a house, the most sought-after feature is: a modern kitchen. Yes, even though the pandemic has made many of us reconsider the open floorplan and value multipurpose nooks (like cloffices and Narnia rooms) more than ever, the heart of the home remains.

For baby boomers, an up-to-date kitchen was no question; nearly half of those surveyed listed it as their absolute must-have. Meanwhile, Zillennials-those born between 1993 and 1998-were evenly split between having their dream kitchen and a massive backyard, and for Gen X, they'd love a Top Chef-caliber space, albeit preferably one that's solar-powered and made with sustainably sourced materials.

For millennials, though, a kitchen ranked near the bottom of the list of coveted home upgrades, which makes sense, considering they're also the generation that cooks the fewest meals at home, according to a 2021 Cinch Home Services survey. Owning an environmentally friendly abode-featuring things like a drip irrigation system, solar power, low-to-no-VOC paint and tankless hot water heaters-was way more appealing. (A distant second was having a smart house, loaded with every Ring doorbell and whistle.)

Disclaimer

Opendoor Technologies Inc. published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 23:11:05 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 7 353 M - -
Net income 2021 -603 M - -
Net Debt 2021 4 407 M - -
P/E ratio 2021 -8,47x
Yield 2021 -
Capitalization 5 299 M 5 299 M -
EV / Sales 2021 1,32x
EV / Sales 2022 0,77x
Nbr of Employees 1 048
Free-Float 83,9%
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 8,65 $
Average target price 23,00 $
Spread / Average Target 166%
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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