Z - Opendoor: $10 Billion 2022 Revenue At A Minimum
- In the present article, I introduce a new iBuying term, "iBlocks," which is a unit of marketshare I use to value the iBuying space.
- I demonstrate how iBlocks may be used to derive future revenues, and highlight the compounding benefits of Opendoor's many new market launches in 2021.
- Based on these forecasts, Opendoor will easily hit $10 Billion in revenue in 2022. Existing marketshare gain, 21 market launches this year, and numerous outlined upside opportunities will contribute.
- Analysts and "competitors" are not modeling for this meteoric growth. As this story plays out, Opendoor's price target will be revised sharply higher.
For further details see:
Opendoor: $10 Billion 2022 Revenue At A Minimum