OPEN vs. COMP: Which Real Estate Innovator Can Turn Things Around?
Key Takeaways Opendoor hit 2.06B revenues in Q2, with 21% growth and a 63% EBITDA gain. OPEN guides Q3 revenue down to 875M, while COMP expects a sequential drop to 1.85B. The U.S. real estate market has been anything but predictable, putting pressure on companies that built their models around innovation and disruption. Two names that often come up in this conversation are Opendoor Technologies Inc. ((OPEN), ...