CWK
Cushman & Wakefield plc
CWK's fundamentals are mixed, but it looks expensive: trading at 47x earnings, more than twice its usual 21x. Analysts expect earnings growth, though they disagree widely on how much.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
CWK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
CWK's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like CWK.
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.
CWK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 8.5x | $13.49 | — |
| Cheap | 11x | $3.31 | -75% |
| Fair | 20x | $5.85 | -57% |
| Current | 47x | $13.49 | — |
| Expensive | 61x | $17.59 | +30% |
Historical ranges are pointers, not guarantees.
CWK's PE is in its expensive range at 47x. If earnings grow as analysts expect, today's price would be 8.5x next year's earnings, in its cheap range.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
CWK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CWK, but weaker profitability. However, they disagree widely on these estimates.
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.
CWK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.59 | +449% |
| Q3 2026 | $0.29 | -70% |
| Q2 2026 | $0.29 | -67% |
| Q1 2026 | $0.32 | -54% |
| Q4 2025 | $0.38 | -32% |
| Q3 2025 | $0.97 | +155% |
| Q2 2025 | $0.89 | +889% |
| Q1 2025 | $0.70 | +1300% |
| Q4 2024 | $0.56 | +$0.72 |
CWK 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.
CWK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.8B | +7.7% |
| Q2 2026 | $2.8B | +11% |
| Q1 2026 | $2.5B | +11% |
| Q4 2025 | $2.9B | +11% |
| Q3 2025 | $2.6B | +11% |
| Q2 2025 | $2.5B | +8.6% |
| Q1 2025 | $2.3B | +4.6% |
| Q4 2024 | $2.6B | +3% |
CWK has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.6% | +0.5 points |
| Q2 2026 | 4.9% | -0.1 points |
| Q1 2026 | 2.3% | +0.3 points |
| Q4 2025 | 6.1% | -0.6 points |
| Q3 2025 | 4.1% | +0.9 points |
| Q2 2025 | 4.9% | +1.9 points |
| Q1 2025 | 2% | +1.1 points |
| Q4 2024 | 6.6% | +2.3 points |
CWK 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.
CWK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $176.1M | -22% |
| Q2 2026 | $45.5M | +15067% |
| Q1 2026 | -$255.7M | -$89.1M |
| Q4 2025 | $234.3M | +121% |
| Q3 2025 | $225M | +21% |
| Q2 2025 | $300K | -97% |
| Q1 2025 | -$166.6M | -$31M |
| Q4 2024 | $105.9M | -43% |
CWK has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
CWK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +900K shares |
| 1 year | +0.6% | +1.3M shares |
| 3 years | +4.4% | +10M shares |
| 5 years | +4.5% | +10.2M shares |
| Available history | +5.7% | +12.7M shares |
CWK has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
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 | — |
CWK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.5x | Elevated |
| Q2 2026 | 3.7x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 3.5x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 5.0x | High |
| Q4 2024 | 4.9x | High |
CWK's net debt is about 3.5 years of its operating earnings (EBITDA), down from 4.0 years a year ago. Net leverage isn't a meaningful measure for real estate companies like CWK.
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.
CWK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.3 | Neutral |
| Stochastic | 56.6 | Neutral |
CWK's weekly RSI is 52 (neutral) and its Stochastic is 57 (neutral).
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).
CWK PE vs Real Estate Sector
| Metric | CWK | Sector median | Relative |
|---|---|---|---|
| PE | 47x | 24x | 95% above |
| PE % | 78 | 23 | 55 pts above |
CWK is trading at 47x earnings, a 95% 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.
CWK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.5 | 8.4% above |
| 20 week MA | $13.2 | 2.6% above |
| 50 week MA | $13.8 | 1.9% below |
| 100 week MA | $13.3 | 1.8% above |
| 200 week MA | $12.0 | 13% above |
CWK 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.
CWK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.5 | $15.3 | -25% |
| 2021 | $15.3 | $21.9 | +43% |
| 2022 | $21.9 | $12.1 | -45% |
| 2023 | $12.1 | $10.8 | -11% |
| 2024 | $10.8 | $13.1 | +21% |
| 2025 | $13.1 | $16.5 | +26% |
| 2026 YTD | $16.5 | $13.5 | -18% |
CWK 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.