CUBE
CubeSmart
CUBE's fundamentals are mixed: revenue grew 3.3%, while its operating margin held steady at 41%. At 30x earnings, it's trading right at its usual valuation. Analysts expect earnings growth.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
CUBE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
CUBE's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like CUBE.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
CUBE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 24x | $36.96 | -18% |
| Forward | 28x | $45.00 | — |
| Fair | 29x | $44.25 | -1.7% |
| Current | 30x | $45.00 | — |
| Expensive | 44x | $67.20 | +49% |
Historical ranges are pointers, not guarantees.
CUBE's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 28x next year's earnings.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
CUBE Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect CUBE's earnings to grow and its profitability to improve, with its revenue holding steady.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
CUBE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.62 | +6.5% |
| Q3 2026 | $1.52 | -2.6% |
| Q2 2026 | $1.46 | -11% |
| Q1 2026 | $1.43 | -15% |
| Q4 2025 | $1.46 | -15% |
| Q3 2025 | $1.56 | -12% |
| Q2 2025 | $1.64 | -8.4% |
| Q1 2025 | $1.69 | -6.6% |
| Q4 2024 | $1.72 | -5.5% |
CUBE has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
CUBE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $294M | +3.1% |
| Q2 2026 | $286.5M | +1.5% |
| Q1 2026 | $281.9M | +3.3% |
| Q4 2025 | $282.7M | +5.6% |
| Q3 2025 | $285.1M | +5.2% |
| Q2 2025 | $282.3M | +6% |
| Q1 2025 | $273M | +4.4% |
| Q4 2024 | $267.7M | +1% |
CUBE has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 43% | +3.8 points |
| Q2 2026 | 41% | +1.3 points |
| Q1 2026 | 40% | -1.9 points |
| Q4 2025 | 39% | -7.1 points |
| Q3 2025 | 39% | -6.7 points |
| Q2 2025 | 40% | -4.5 points |
| Q1 2025 | 42% | -3.1 points |
| Q4 2024 | 46% | -2.4 points |
CUBE has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
CUBE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $136.5M | -17% |
| Q4 2024 | $164.7M | +13% |
| Q3 2024 | $145.4M | -14% |
| Q2 2024 | $170.9M | +6% |
| Q1 2024 | $150.2M | +11% |
| Q4 2023 | $146M | +0.7% |
| Q3 2023 | $168.4M | +3.8% |
| Q2 2023 | $161.3M | +5% |
CUBE has the stronger cash trend. Its trailing FCF is up 8.7% versus its history, compared with OPEN at down 386%.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
CUBE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -1.1M shares |
| 1 year | -1.4% | -3.2M shares |
| 3 years | 0% | -101K shares |
| 5 years | +11% | +22.3M shares |
| Available history | +18% | +34.5M shares |
CUBE has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $84M |
| Q2 2026 | $42.5M |
| Q1 2026 | $33.4M |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
CUBE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q2 2024 | 0.0x | Very low |
CUBE's net debt is about 1.2 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for real estate companies like CUBE.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
CUBE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.3 | Neutral |
| Stochastic | 87.8 | Overbought |
CUBE's weekly RSI is 68 (neutral) and its Stochastic is 88 (overbought).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
CUBE PE vs Real Estate Sector
| Metric | CUBE | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 24x | 24% above |
| PE % | 51 | 23 | 28 pts above |
CUBE is trading at 30x earnings, a 24% premium to the Real Estate sector's median of 24x.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
CUBE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $40.7 | 11% above |
| 20 week MA | $40.7 | 10% above |
| 50 week MA | $39.5 | 14% above |
| 100 week MA | $40.3 | 12% above |
| 200 week MA | $42.5 | 5.8% above |
CUBE has the edge over OPEN on trend strength, trading above more of its moving averages.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
CUBE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.4 | $33.7 | +7.3% |
| 2021 | $33.7 | $55.8 | +66% |
| 2022 | $55.8 | $40.7 | -27% |
| 2023 | $40.7 | $46.4 | +14% |
| 2024 | $46.4 | $42.6 | -8.1% |
| 2025 | $42.6 | $35.9 | -16% |
| 2026 YTD | $35.9 | $45.0 | +25% |
CUBE has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.