A company still losing money with shrinking sales, with high risk. Institutions are adding.
Watch out for
Share count growing 13.8% a year (dilution)
Losing money, losses are large next to sales
Debt above equity: 1.17x
Money moves
Insiders sold $21K in the last 30 days, all through pre-planned sales
Institutions added 18% to their holdings in the quarter ending June 2026 (216 bought, 149 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.94-2.5% that day
Company value
$1.9B
Share price times all shares
Price vs sales
0.58x
No profit over the last year, so this compares value with sales instead
Cash vs value
48%
A big cushion: cash is a large part of what the company is worth
Debt vs value
57%
Debt as a share of company value
From OPEN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$883.0M-44% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.3B, down 37% from the 12 months before. Over 5 years, sales grew about 11% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of OPEN. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$1.9B
Profit in 5 years$192M
Price these guesses point to$1.84-5.0% vs $1.94 todayAbout -1.0% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 9.1% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.