Opendoor Technologies's quarterly market cap
declined
from Sep. 2025 ($6,149 Mil) to Dec. 2025 ($5,581 Mil) and
declined
from Dec. 2025 ($5,581 Mil) to Mar. 2026 ($4,508 Mil).
Opendoor Technologies's annual market cap
declined
from Dec. 2023 ($3,036 Mil) to Dec. 2024 ($1,152 Mil) but then
increased
from Dec. 2024 ($1,152 Mil) to Dec. 2025 ($5,581 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Opendoor Technologies's Enterprise Value for Today is $4,502 Mil.
Opendoor Technologies (NAS:OPEN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate Services subindustry, Opendoor Technologies's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Opendoor Technologies Market Cap vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Opendoor Technologies's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Opendoor Technologies (OPEN) has a Market Cap of $4,163 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Opendoor Technologies and its competitors. According to the industry distribution chart, Opendoor Technologies ranks #88 out of 1846 companies in the Real Estate industry, placing it in the top 4.8%.
Is Opendoor Technologies' Market Cap too high?
Opendoor Technologies' current Market Cap is $4,163 Mil. The Real Estate industry median Market Cap is 105.57. Opendoor Technologies' value of $4,163 Mil is 3843.2% above this industry median. Based on the distribution chart, Opendoor Technologies ranks #88 out of 1846 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Opendoor Technologies has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Market Cap compare to COMP and CWK?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #88 out of 1846 companies for Market Cap. This places Opendoor Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 105.57. Opendoor Technologies' value of $4,163 Mil is 3843.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Real Estate company?
The median Market Cap among Real Estate companies is 105.57, based on 1,846 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Opendoor Technologies's current Market Cap of $4,163 Mil is 3843.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Opendoor Technologies and its competitors. For the Real Estate industry, the median Market Cap is 105.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current Market Cap is $4,163 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opendoor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Opendoor Technologies (OPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.24, compared to a current price of $4.32 — trading 248% above its estimated fair value. The current Market Cap is $4,163 Mil and 3843.2% above the Real Estate industry median of 105.57. Opendoor Technologies' overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current Market Cap is $4,163 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Opendoor Technologies (OPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Opendoor Technologies stock appears to be overvalued.
The current stock price of $4.32 is trading 248% above its estimated GF Value™ of $1.24.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
Market Cap: $4,163 Mil
GF Value™: $1.24 vs. price of $4.32 (248% above fair value)
Industry Position: 3843.2% above the Real Estate median (#88 of 1846)
No single metric tells the full story. See the OPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital-light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
56GF Score
Get the complete analysis for OPEN
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OPEN has been successfully added to your 
