FMP
Nov 12, 2021 12:10 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Opendoor Technologies Inc. (NASDAQ:OPEN) shares closed 15.57% higher on Thursday, following the company’s Q3 results, with revenue coming in at $2.3 billion, up 91% from the previous quarter. The company provided its Q4 outlook, expecting revenue to range from $3.1 billion to $3.2 billion. The results were a significant relief for investors given the questions that have come up post-Zillow's exit from iBuying.
Analysts at Wedbush said they believe the company has come out of the quarter the unquestionable leader in the space, highlighting that it is a strong operator, with a better pricing model. While the company continues to operate as it did prior to Zillows' exit and is still focused on the 99% of the market not transacting digitally, the analysts see the clearer path as a long-term positive as well, with the launch of Opendoor Complete helping to bring the flywheel together.
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...
Dec 25, 2023 2:28 AM - Parth Sanghvi
Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...