- Opendoor stuck the landing with impressive Q2 numbers and revised guidance. Most impressively, Opendoor shared visibility to more than $10 billion in revenue over the next 12 months.
- Despite incredible numbers, the market's misunderstanding of Opendoor resulted in almost a 60% decline from all-time highs.
- I believe this misunderstanding represents a generational investment opportunity. I discuss the business, possible M&A, competitors, and the reason Opendoor will win.
- 12-month price target: 49$/share.
For further details see:
Opendoor: The Mythology Of Disruption