OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
TRNO
Terreno Realty Corporation
TRNO's fundamentals are strong: revenue grew 17% and its operating margin rose 2 points to 42%. At 20x earnings, it's trading below its usual 33x. 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.
TRNO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
TRNO's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for real estate companies like TRNO.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
TRNO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 20x | $66.53 | — |
| Cheap | 22x | $75.01 | +13% |
| Fair | 33x | $111 | +67% |
| Forward | 38x | $66.53 | — |
| Expensive | 57x | $191 | +186% |
Historical ranges are pointers, not guarantees.
TRNO's PE is in its cheap range at 20x. Analysts expect earnings to fall, which would put today's price at 38x next year's earnings, in its fair range.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
OPEN has the edge over TRNO on the outlook, with more favorable profitability expectations.
TRNO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect TRNO's revenue to grow, but its earnings and profitability 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.
TRNO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.74 | -48% |
| Q3 2026 | $3.36 | +6.7% |
| Q2 2026 | $3.74 | +48% |
| Q1 2026 | $4.10 | +106% |
| Q4 2025 | $3.91 | +104% |
| Q3 2025 | $3.15 | +73% |
| Q2 2025 | $2.52 | +39% |
| Q1 2025 | $1.99 | +3.6% |
| Q4 2024 | $1.92 | +6.1% |
TRNO 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.
TRNO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $132.2M | +14% |
| Q2 2026 | $124.7M | +11% |
| Q1 2026 | $124.4M | +13% |
| Q4 2025 | $137.5M | +33% |
| Q3 2025 | $116.2M | +17% |
| Q2 2025 | $112.2M | +19% |
| Q1 2025 | $110.4M | +30% |
| Q4 2024 | $103.7M | +20% |
TRNO has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 42% | +0.9 points |
| Q2 2026 | 42% | +2.8 points |
| Q1 2026 | 41% | +1.8 points |
| Q4 2025 | 42% | +4 points |
| Q3 2025 | 41% | +1.9 points |
| Q2 2025 | 39% | -0.2 points |
| Q1 2025 | 39% | +0.5 points |
| Q4 2024 | 38% | -4.3 points |
TRNO 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'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.
TRNO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $54.1M | -17% |
| Q2 2026 | $53.7M | +6.1% |
| Q1 2026 | $47.9M | +13% |
| Q4 2025 | $49.8M | +40% |
| Q3 2025 | $65.5M | +17% |
| Q2 2025 | $50.6M | -8.6% |
| Q1 2025 | $42.5M | +8.6% |
| Q4 2024 | $35.5M | +41% |
TRNO has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
TRNO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.6% | +2.8M shares |
| 1 year | +6.1% | +6.3M shares |
| 3 years | +30% | +25.2M shares |
| 5 years | +55% | +38.7M shares |
| Available history | +63% | +42.5M shares |
TRNO has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.5M |
| Q2 2026 | $34,000 |
| Q1 2026 | $2.3M |
| Q4 2025 | — |
| Q3 2025 | $1.3M |
| Q2 2025 | $51,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | — |
TRNO has spent almost nothing on buybacks in the past year.
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.
TRNO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 3.3x | Elevated |
TRNO's net debt is about 2.3 years of its operating earnings (EBITDA), down from 3.5 years a year ago. Net leverage isn't a meaningful measure for real estate companies like TRNO.
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).
TRNO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.8 | Neutral |
| Stochastic | 35.9 | Neutral |
TRNO's weekly RSI is 52 (neutral) and its Stochastic is 36 (neutral).
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
TRNO PE vs Real Estate Sector
| Metric | TRNO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 17% below |
| PE % | 14 | 23 | 9 pts below |
TRNO is trading at 20x earnings, a 17% 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 |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
TRNO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $65.4 | 1.7% above |
| 20 week MA | $67.4 | 1.3% below |
| 50 week MA | $65.2 | 2.1% above |
| 100 week MA | $62.3 | 6.7% above |
| 200 week MA | $61.8 | 7.6% above |
TRNO has the edge over OPEN on trend strength, trading above more of its moving averages.
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.
TRNO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $53.8 | $57.5 | +7% |
| 2021 | $57.5 | $81.3 | +41% |
| 2022 | $81.3 | $57.5 | -29% |
| 2023 | $57.5 | $62.7 | +9% |
| 2024 | $62.7 | $59.1 | -5.7% |
| 2025 | $59.1 | $60.3 | +2% |
| 2026 YTD | $60.3 | $66.5 | +10% |
TRNO has the edge over OPEN on returns for 2026, with the stronger performance.