NNN
NNN REIT, Inc.
NNN's fundamentals are mixed: revenue grew 7.3%, but its operating margin fell 2 points to 63%. At 19x earnings, it's trading below its usual 22x. Analysts expect earnings to hold roughly steady.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
NNN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
NNN'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 NNN.
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.
NNN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $40.75 | -0.4% |
| Current | 19x | $40.93 | — |
| Forward | 20x | $40.93 | — |
| Fair | 22x | $46.87 | +15% |
| Expensive | 32x | $68.16 | +67% |
Historical ranges are pointers, not guarantees.
NNN's PE is in its cheap range at 19x. On analysts' estimates for next year's earnings, today's price would be 20x.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
NNN Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect NNN's revenue to grow, but its profitability to weaken.
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.
NNN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.09 | -0.3% |
| Q3 2026 | $2.10 | +1% |
| Q2 2026 | $2.04 | -2.9% |
| Q1 2026 | $2.06 | -3.7% |
| Q4 2025 | $2.07 | -3.7% |
| Q3 2025 | $2.08 | -3.7% |
| Q2 2025 | $2.10 | -5.4% |
| Q1 2025 | $2.14 | -1.8% |
| Q4 2024 | $2.15 | -0.5% |
NNN 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.
NNN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $249.7M | +8.5% |
| Q2 2026 | $244.3M | +7.7% |
| Q1 2026 | $240.4M | +4.1% |
| Q4 2025 | $238.4M | +9.1% |
| Q3 2025 | $230.2M | +5.3% |
| Q2 2025 | $226.8M | +4.6% |
| Q1 2025 | $230.9M | +7.2% |
| Q4 2024 | $218.5M | +1% |
NNN has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +2.1 points |
| Q2 2026 | 62% | -4.1 points |
| Q1 2026 | 61% | -1.3 points |
| Q4 2025 | 62% | -3.5 points |
| Q3 2025 | 64% | -1.7 points |
| Q2 2025 | 66% | -4.2 points |
| Q1 2025 | 62% | -1.9 points |
| Q4 2024 | 66% | +1.2 points |
NNN 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.
NNN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $220.1M | +0.8% |
| Q2 2026 | $141.5M | +19% |
| Q1 2026 | $187M | -8% |
| Q4 2025 | $126.2M | +7.2% |
| Q3 2025 | $218.3M | +5.6% |
| Q2 2025 | $119.4M | -0.9% |
| Q1 2025 | $203.3M | +6.6% |
| Q4 2024 | $117.7M | -3.2% |
NNN 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.
NNN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +1.7M shares |
| 1 year | +1.6% | +3M shares |
| 3 years | +5.3% | +9.6M shares |
| 5 years | +11% | +19.1M shares |
| Available history | +16% | +26.3M shares |
NNN 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 | — |
NNN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.0x | Very low |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NNN's net debt is less than a year 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 NNN.
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.
NNN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 16.9 | Oversold |
NNN's weekly RSI is 38 (neutral) and its Stochastic is 17 (oversold).
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).
NNN PE vs Real Estate Sector
| Metric | NNN | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 18% below |
| PE % | 18 | 23 | 5 pts below |
NNN is trading at 19x earnings, a 18% discount 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.
NNN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $41.1 | 0.4% below |
| 20 week MA | $44.2 | 7.4% below |
| 50 week MA | $43.7 | 6.3% below |
| 100 week MA | $42.6 | 4% below |
| 200 week MA | $42.6 | 3.9% below |
NNN is in a downtrend: it's below all five of its weekly moving averages, and 3.9% below its 200-week average.
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.
NNN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $53.0 | $42.1 | -21% |
| 2021 | $42.1 | $46.4 | +10% |
| 2022 | $46.4 | $46.0 | -0.8% |
| 2023 | $46.0 | $43.1 | -6.3% |
| 2024 | $43.1 | $40.5 | -6% |
| 2025 | $40.5 | $39.5 | -2.5% |
| 2026 YTD | $39.5 | $40.9 | +3.6% |
NNN 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.