Rick Orford analyzes Opendoor's recent performance, noting its stock surge despite missing key financial targets. He questions the company's announced pivot from a house flipper to an AI software company, suggesting it's more of a rebrand than a genuine shift. Rick examines Opendoor's Q3 financials, highlighting missed EBITDA and contribution profit targets, and discusses future revenue and profit guidance, which appear weak. He also points out that Wall Street analysts are losing patience with the stock. The analysis concludes by inviting audience feedback on whether Opendoor can escape its meme stock label. The Motley Fool is acknowledged as the sponsor of the video.
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