OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
SDHC
Smith Douglas Homes Corp.
SDHC's fundamentals are weak and it looks expensive: trading at 16x earnings, above its usual 13x. Analysts expect earnings to fall sharply.
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.
SDHC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| N/A | |
| N/A |
SDHC's revenue is currently healthy, and its profitability is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like SDHC.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
SDHC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $5.96 | -34% |
| Fair | 13x | $7.27 | -20% |
| Expensive | 16x | $8.58 | -5.2% |
| Current | 16x | $9.05 | — |
| Forward | 59x | $9.05 | — |
Historical ranges are pointers, not guarantees.
SDHC's PE is in its expensive range at 16x. Analysts expect earnings to fall, which would put today's price at 59x next year's earnings.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
OPEN has the edge over SDHC on the outlook, with more favorable profitability expectations.
SDHC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect SDHC's revenue to grow, but its earnings to decline.
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.
SDHC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | -72% |
| Q3 2026 | $0.55 | -58% |
| Q2 2026 | $0.72 | -56% |
| Q1 2026 | $0.95 | -47% |
| Q4 2023 | $2.40 | -27% |
SDHC has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
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.
SDHC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $262.5M | +0.2% |
| Q2 2026 | $273M | +22% |
| Q1 2026 | $206.4M | -8.1% |
| Q4 2025 | $260.4M | -9.4% |
| Q3 2025 | $262M | -5.7% |
| Q2 2025 | $223.9M | +1.4% |
| Q1 2025 | $224.7M | +19% |
| Q4 2024 | $287.5M | +32% |
SDHC has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.3% | -5.3 points |
| Q2 2026 | 0.7% | -7 points |
| Q1 2026 | 2.1% | -6.6 points |
| Q4 2025 | 6.5% | -3.9 points |
| Q3 2025 | 6.6% | -7.7 points |
| Q2 2025 | 7.7% | -4 points |
| Q1 2025 | 8.7% | -2.6 points |
| Q4 2024 | 10% | -3.6 points |
SDHC has the edge over OPEN on profitability, with a higher operating margin.
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 has the edge over SDHC on cash flow, with more consistent year-over-year improvement.
SDHC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.9M | -263% |
| Q2 2026 | $3.9M | +$35M |
| Q1 2026 | -$202K | +$35.7M |
| Q4 2025 | $8.7M | +82% |
| Q3 2025 | $21.4M | -3.8% |
| Q2 2025 | -$31.1M | -$29M |
| Q1 2025 | -$35.9M | -$26.2M |
| Q4 2024 | $4.8M | -77% |
SDHC's free cash flow was −$22M over the past year, against −$41M the year before. Free cash flow isn't a meaningful measure for real estate companies like SDHC.
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 | — |
SDHC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +7K shares |
| 1 year | -7.4% | -669K shares |
| 3 years | -84% | -42.9M shares |
SDHC has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $307,000 |
| Q2 2026 | $4.4M |
| Q1 2026 | $5.7M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
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.
SDHC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
SDHC has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like SDHC.
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).
SDHC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.0 | Oversold |
| Stochastic | 4.7 | Oversold |
SDHC's weekly RSI is 29 (oversold) and its Stochastic is 5 (oversold).
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
SDHC PE vs Real Estate Sector
| Metric | SDHC | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 24x | 31% below |
| PE % | 91 | 7 | 84 pts above |
SDHC is trading at 16x earnings, a 31% discount to the Real Estate sector's median of 24x.
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 |
SDHC has stronger trend alignment. OPEN is above 0 of 5 weekly averages versus SDHC above 0 of 4.
SDHC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.1 | 10% below |
| 20 week MA | $12.1 | 25% below |
| 50 week MA | $14.2 | 36% below |
| 100 week MA | $17.2 | 47% below |
SDHC is in a downtrend: it's below all four of its weekly moving averages, and 47% below its 100-week average.
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.
SDHC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $23.9 | $26.7 | +12% |
| 2025 | $26.7 | $17.6 | -34% |
| 2026 YTD | $17.6 | $9.05 | -49% |
SDHC has the edge over OPEN on returns for 2026, with the stronger performance.