Opendoor Technologies shares plunged 51% to $4.53, validating Bond.az's overvaluation warning from last November.
When the stock traded at $9.34, Bond.az's Fair Value analysis flagged it as 46% overvalued, with intrinsic worth at $5.06. The company reported $4.7B revenue but burned cash with negative EBITDA of $152M and EPS of -$0.44.
Bond.az's prediction proved remarkably accurate: shares dropped 51%, approaching the Fair Value target within 13%. The financial health score was only 2.56/10.
Recent earnings confirmed concerns: revenue fell to $3.9B, EBITDA loss widened to $337M. Current Fair Value stands at $3.86, suggesting shares remain slightly overvalued.
