Quality score · OPEN · Real Estate

Is Opendoor Technologies Inc. a quality business?

Opendoor Technologies Inc. (OPEN) scored on five pillars from its reported financial statements, and ranked against 84 Real Estate companies.

3.0/ 10
Low quality
as of October 19, 2026
Profitability
0.1 Weak
Solvency
3.0 Weak
Growth
—
Efficiency
8.4 Strong
Predictability
2.8 Weak
Strongest pillar: Efficiency · Weakest: Profitability

Opendoor Technologies Inc. (OPEN) scores 3.0 out of 10 as of , computed from its reported financial statements. That reads as low quality. The reading rests on efficiency, and profitability is what holds it back.

One pillar, growth, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.

Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.

Does Opendoor Technologies Inc. have an economic moat?

Not enough data

We cannot judge Opendoor Technologies Inc. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.

Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →

How Opendoor Technologies Inc. scores

On the filings behind it, Opendoor Technologies Inc. earns 3.0 out of 10 for business quality as of October 19, 2026. That is low quality on our scale. A low reading means the reported numbers show weakness on several pillars at once, which is a reason to understand the business before anything else. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.

Ranked with the 84 Real Estate companies Lemma publishes, the score sits at the 16th percentile, near the foot of the group. For reference, the middle of the group scores 5.2 and a company needs 5.9 to reach its top quarter, which leaves Opendoor Technologies Inc. well below the median.

Pillar by pillar

Profitability

On profitability, Opendoor Technologies Inc. scores 0.1, a weak reading. Its peers have a median of 4.8 across 80 Real Estate companies, which places it well below them, at the 1st percentile. Low margins and returns leave little cushion, so a downturn or a cost increase reaches the bottom line quickly.

Solvency

Opendoor Technologies Inc.’s solvency score is 3.0 out of 10 (weak). Against a median of 3.7 among 34 Real Estate companies, that is below the group and the 39th percentile. Weak solvency means debt is heavy relative to earnings or cash flow, which makes the business more sensitive to interest rates and to any fall in profits.

Growth

There is no growth score for Opendoor Technologies Inc.: too little of the pillar could be measured from the filings to give an honest reading. The overall is therefore the weighted average of the other pillars. Across 74 Real Estate companies the median for this pillar is 5.2. Growth needs at least three years of comparable annual statements, so a short or interrupted history leaves it blank.

Efficiency

Efficiency scores 8.4 out of 10, which reads as strong. The median across 80 Real Estate companies is 6.4, so Opendoor Technologies Inc. is well above its peers on this pillar and ranks at the 92nd percentile. Efficiency at this level means the company needs comparatively little capital to produce what it sells.

Predictability

Predictability scores 2.8 out of 10, which reads as weak. The median across 83 Real Estate companies is 4.9, so Opendoor Technologies Inc. is well below its peers on this pillar and ranks at the 13th percentile. A low predictability score often belongs to cyclical businesses, where good and bad years alternate with the economy or with commodity prices.

Strongest and weakest pillar

This is a lopsided profile. Efficiency scores 8.4 but profitability only 0.1, a gap of 8.3 points, so the overall hides a business that is excellent in one respect and weak in another. An efficiency lead means the operation turns what it has into cash better than it does anything else. A profitability shortfall is the one most worth understanding, since it bears directly on whether the business creates value.

What would move the score

Closing the gap on profitability would do the most for the overall. At the median of Real Estate companies, 4.8, Opendoor Technologies Inc. would score about 4.5 instead of 3.0. Only four of the five pillars could be scored. Together they carry 80 of the 100 weight points (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and the overall is the weighted average of those alone.

Opendoor Technologies Inc. and similar companies

These are the Real Estate companies closest to Opendoor Technologies Inc. in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.

What each pillar measures

Profitability

0.1 / 10

How much profit the company generates from its capital and sales.

Solvency

3.0 / 10

The company’s ability to service debt and meet its obligations.

Growth

—

How fast revenue, earnings and cash flow are compounding.

Efficiency

8.4 / 10

How well assets and earnings convert into cash and output.

Predictability

2.8 / 10

How stable and consistent results have been over time.

How this score is calculated

Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.

Limitations

This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.

Educational only. Not investment advice.

FAQ

Is Opendoor Technologies Inc. a quality business?

On this reading Opendoor Technologies Inc. scores 3.0 out of 10, which reads as low quality. Its strongest pillar is efficiency, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.

How does Opendoor Technologies Inc. compare with other Real Estate companies?

Opendoor Technologies Inc. ranks at the 16th percentile of the 84 Real Estate companies Lemma publishes a score for. The median there is 5.2 and the top quarter starts at 5.9, against Opendoor Technologies Inc.’s 3.0.

What does the OPEN quality score measure?

Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.

How current is this score?

This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for OPEN are in the app.

Does a high score mean the stock is cheap?

No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.

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Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.

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