Unveiling The Secrets: Is Opentable Publicly Traded? Discover The Financial Truths

By | January 25, 2025

A Complete Guide To OpenTable For Restaurants Read First

Is OpenTable publicly traded? OpenTable is an online restaurant reservation service that allows users to make reservations at restaurants in their area. It was founded in 1998 and is headquartered in San Francisco, California. OpenTable went public in 2009 and is now traded on the NASDAQ under the symbol OPEN.

OpenTable’s initial public offering (IPO) was priced at $20 per share. The stock price rose to a high of $45 per share in 2011, but has since declined to around $25 per share. OpenTable has been profitable in recent years, and its revenue has grown steadily. However, the company faces competition from other online reservation services, such as Yelp and Google.

Despite the competition, OpenTable remains a major player in the online reservation market. The company has a strong brand name and a large customer base. OpenTable is also expanding into new markets, such as Europe and Asia. As a result, the company is well-positioned for continued growth in the years to come.

Is OpenTable Publicly Traded?

OpenTable, an online restaurant reservation service, has been publicly traded since 2009 under the symbol OPEN on the NASDAQ. Here are ten key aspects related to “Is OpenTable publicly traded?”:

  • Company: OpenTable, Inc.
  • Ticker symbol: OPEN
  • Exchange: NASDAQ
  • IPO date: May 14, 2009
  • IPO price: $20 per share
  • Current stock price: ~$25 per share
  • Market capitalization: ~$1.5 billion
  • Revenue: ~$300 million (2022)
  • Net income: ~$50 million (2022)
  • Employees: ~1,000

OpenTable’s decision to go public allowed it to raise capital to fund its growth and expansion. The company has used the proceeds from its IPO to invest in new products and services, as well as to expand into new markets. OpenTable’s stock has performed well since its IPO, and the company has been profitable in recent years. However, the company faces competition from other online reservation services, such as Yelp and Google. Despite the competition, OpenTable remains a major player in the online reservation market, and the company is well-positioned for continued growth in the years to come.

Company

OpenTable, Inc. is the parent company of OpenTable, an online restaurant reservation service. The company was founded in 1998 and is headquartered in San Francisco, California. OpenTable went public in 2009 and is now traded on the NASDAQ under the symbol OPEN.

  • Financial Performance: OpenTable has been profitable in recent years, and its revenue has grown steadily. The company’s financial performance is a key factor in its ability to remain competitive and continue to grow.
  • Market Share: OpenTable is a major player in the online reservation market, with a strong brand name and a large customer base. The company’s market share is a key indicator of its success and its ability to compete with other online reservation services.
  • Competition: OpenTable faces competition from other online reservation services, such as Yelp and Google. The company’s ability to compete effectively is essential to its long-term success.
  • Expansion: OpenTable is expanding into new markets, such as Europe and Asia. The company’s ability to successfully expand into new markets will be a key driver of its future growth.

In conclusion, OpenTable, Inc. is a publicly traded company that has been profitable in recent years and has a strong market share. The company faces competition from other online reservation services, but it is well-positioned for continued growth in the years to come.

Ticker symbol

The ticker symbol OPEN is used to identify the publicly traded shares of OpenTable, Inc. on the NASDAQ stock exchange. It is a unique identifier that allows investors to easily distinguish OpenTable’s stock from other companies listed on the exchange. The ticker symbol is also used by financial news outlets and websites to track the performance of OpenTable’s stock.

  • Recognition: The ticker symbol OPEN is a recognizable symbol that is associated with OpenTable, Inc. It allows investors and the general public to easily identify and track the company’s stock performance.
  • Trading: The ticker symbol OPEN is used to facilitate the buying and selling of OpenTable’s stock on the NASDAQ stock exchange. Investors use the ticker symbol to place orders to buy or sell shares of the company’s stock.
  • Market Data: The ticker symbol OPEN is used to disseminate market data about OpenTable, Inc. This data includes the stock’s price, trading volume, and other relevant information. Investors and financial analysts use this data to make informed decisions about buying, selling, or holding OpenTable’s stock.
  • Company Identification: The ticker symbol OPEN is used to identify OpenTable, Inc. in financial news articles, press releases, and other public documents. It allows readers to quickly and easily identify the company being discussed.

In conclusion, the ticker symbol OPEN is an important identifier for OpenTable, Inc. It allows investors to easily track the company’s stock performance, facilitates trading, and provides market data. The ticker symbol is also used to identify the company in financial news and other public documents.

Exchange

The NASDAQ stock exchange is one of the most important stock exchanges in the world. It is home to many of the world’s largest and most well-known companies, including Apple, Google, and Microsoft. OpenTable is a publicly traded company, which means that its shares are traded on a stock exchange. OpenTable’s shares are traded on the NASDAQ stock exchange under the ticker symbol OPEN.

There are several reasons why OpenTable chose to list its shares on the NASDAQ stock exchange. First, the NASDAQ is a well-respected and well-known stock exchange. This gives OpenTable credibility and makes it more attractive to investors. Second, the NASDAQ is a global stock exchange. This means that OpenTable’s shares can be traded by investors all over the world. Third, the NASDAQ has a strong track record of helping companies grow. The NASDAQ provides companies with access to capital and resources that can help them grow their businesses.

OpenTable’s decision to list its shares on the NASDAQ stock exchange has been a success. The company has been able to raise capital to fund its growth and expansion. OpenTable’s shares have also performed well since the company went public in 2009. The NASDAQ stock exchange has played a key role in OpenTable’s success, and it will continue to be an important partner for the company in the years to come.

IPO Date

The initial public offering (IPO) of OpenTable, Inc. on May 14, 2009, marked a significant milestone in the company’s history. The IPO allowed OpenTable to raise capital to fund its growth and expansion, and it also gave investors the opportunity to own a piece of the company.

  • Capital Raising: The IPO allowed OpenTable to raise $180 million in capital. This capital was used to fund the company’s growth and expansion, including the development of new products and services, the expansion of its sales and marketing efforts, and the acquisition of new customers.
  • Increased Visibility: The IPO gave OpenTable increased visibility and credibility in the marketplace. This increased visibility helped the company to attract new customers and partners, and it also made it easier for OpenTable to raise additional capital in the future.
  • Liquidity for Investors: The IPO provided liquidity for investors who wanted to sell their shares of OpenTable stock. This liquidity made it easier for investors to buy and sell OpenTable stock, and it also helped to increase the value of the company’s stock.
  • Ownership Structure: The IPO changed OpenTable’s ownership structure. Prior to the IPO, OpenTable was a privately held company. After the IPO, OpenTable became a publicly traded company, which means that its shares are traded on a stock exchange.

The IPO of OpenTable, Inc. was a success for the company and its investors. The IPO allowed OpenTable to raise capital to fund its growth and expansion, and it also gave investors the opportunity to own a piece of the company. The IPO also increased OpenTable’s visibility and credibility in the marketplace, and it provided liquidity for investors who wanted to sell their shares of OpenTable stock.

IPO price

The IPO price of $20 per share is a critical component of “is OpenTable publicly traded?” because it represents the initial value of the company’s shares when they were first offered to the public. This price is determined by a number of factors, including the company’s financial performance, its growth potential, and the overall market conditions.

In OpenTable’s case, the IPO price of $20 per share was set based on the company’s strong financial performance and its potential for future growth. The company had been profitable for several years, and it had a large and growing customer base. The IPO price of $20 per share was also in line with the prices of other similar companies that had recently gone public.

The IPO price of $20 per share was a success for OpenTable. The company was able to raise the capital it needed to fund its growth and expansion, and the stock price has performed well since the IPO. This has allowed OpenTable to continue to grow its business and become a leading provider of online restaurant reservations.

Current stock price

The current stock price of OpenTable, Inc. is ~$25 per share. This is a key indicator of the company’s financial health and its value in the eyes of investors. The stock price is influenced by a number of factors, including the company’s financial performance, its growth potential, and the overall market conditions.

  • Financial performance: OpenTable’s financial performance is a key factor in determining its stock price. The company has been profitable for several years, and its revenue has grown steadily. This strong financial performance has helped to support the company’s stock price.
  • Growth potential: OpenTable is a growing company with a large market opportunity. The company is expanding into new markets, such as Europe and Asia. This growth potential is a key factor in supporting the company’s stock price.
  • Market conditions: The overall market conditions can also impact OpenTable’s stock price. In periods of economic uncertainty, investors tend to sell stocks, which can drive down prices. Conversely, in periods of economic growth, investors tend to buy stocks, which can drive up prices.
  • Short-term fluctuations: The stock price can also fluctuate in the short term due to news events, analyst reports, or other factors. However, over the long term, the stock price is driven by the company’s fundamentals, such as its financial performance and growth potential.

The current stock price of ~$25 per share is a reflection of OpenTable’s strong financial performance, its growth potential, and the overall market conditions. The stock price is an important indicator of the company’s health and its value in the eyes of investors.

Market capitalization

Market capitalization is the total value of a company’s outstanding shares. It is calculated by multiplying the current share price by the number of outstanding shares. OpenTable’s market capitalization is ~$1.5 billion, which means that the total value of all of the company’s outstanding shares is ~$1.5 billion.

Market capitalization is an important metric for investors because it provides a quick and easy way to compare the size of different companies. It can also be used to calculate other financial metrics, such as price-to-earnings ratio and enterprise value.

In the case of OpenTable, the company’s market capitalization is ~$1.5 billion. This means that the company is relatively small compared to other publicly traded companies. However, OpenTable’s market capitalization has grown steadily in recent years, which is a reflection of the company’s strong financial performance and growth potential.

Overall, market capitalization is an important metric for investors to consider when evaluating a publicly traded company. It provides a quick and easy way to compare the size of different companies, and it can also be used to calculate other financial metrics.

Revenue

OpenTable’s revenue is a key indicator of the company’s financial health and its ability to generate profits. The company’s revenue has grown steadily in recent years, reaching ~$300 million in 2022. This growth has been driven by the increasing popularity of online restaurant reservations, as well as OpenTable’s expansion into new markets.

OpenTable’s revenue is also an important factor in determining its stock price. Investors are willing to pay a higher price for shares of companies that are growing their revenue and profits. As a result, OpenTable’s stock price has performed well in recent years, rising from $20 per share at its IPO in 2009 to ~$25 per share today.

Overall, OpenTable’s revenue is a key component of “is OpenTable publicly traded?” because it is a measure of the company’s financial health and its ability to generate profits. The company’s revenue has grown steadily in recent years, which has helped to support its stock price and make it an attractive investment for investors.

Net income

The financial performance of a publicly traded company is closely scrutinized by investors and analysts, as it provides valuable insights into the company’s overall health and its ability to generate profits. OpenTable’s net income, which measures the company’s profit after all expenses have been paid, is a key component of “is OpenTable publicly traded?” because it directly impacts the company’s financial stability and its ability to attract investors.

  • Revenue generation: Net income is directly tied to revenue generation, as it represents the portion of revenue that remains after expenses are subtracted. In the case of OpenTable, the company’s net income of ~$50 million in 2022 indicates that it was able to generate sufficient revenue to cover its operating costs and still turn a profit.
  • Profitability and sustainability: A positive net income is a sign of a company’s profitability and sustainability. OpenTable’s net income of ~$50 million suggests that the company is financially sound and has the potential to continue generating profits in the future, making it an attractive investment opportunity.
  • Investor confidence: Net income is a key factor in determining investor confidence in a publicly traded company. A company with a consistently positive net income is more likely to attract and retain investors, as it demonstrates the company’s ability to generate profits and grow its business.
  • Stock price performance: Net income can also impact a company’s stock price performance. A company with a strong net income is more likely to see its stock price rise, as investors are willing to pay a premium for companies that are financially sound and profitable.

In conclusion, OpenTable’s net income of ~$50 million in 2022 is a significant indicator of the company’s financial performance and its attractiveness to investors. It demonstrates the company’s ability to generate revenue, remain profitable, and sustain its growth, which are all key factors in determining the success of a publicly traded company.

Employees

The number of employees (~1,000) at OpenTable is a relevant aspect of the company’s public trading status and overall financial well-being. Here are several facets to explore:

  • Company Size and Growth: The number of employees provides insights into the size and growth trajectory of OpenTable. With ~1,000 employees, OpenTable is considered a medium-sized company. Steady growth in the number of employees over time indicates the company’s expansion and potential for continued growth.
  • Operational Efficiency: The ratio of employees to revenue or customers can reveal the company’s operational efficiency. A lower employee count relative to revenue or customers suggests efficient use of resources and cost control measures.
  • Industry Benchmarks: Comparing OpenTable’s employee count to industry peers can provide context. A higher employee count compared to similar companies may indicate a focus on customer service or product development, while a lower employee count could suggest automation or outsourcing strategies.
  • Talent Acquisition and Retention: The number of employees reflects the company’s ability to attract and retain skilled professionals. OpenTable’s employee count suggests a strong talent pool and a commitment to fostering a positive work environment.

Overall, the number of employees (~1,000) at OpenTable offers valuable insights into the company’s size, growth trajectory, operational efficiency, industry positioning, and talent management practices. These factors collectively contribute to OpenTable’s financial performance and its attractiveness to investors as a publicly traded company.

FAQs on “Is OpenTable Publicly Traded?”

This section addresses common questions and misconceptions surrounding OpenTable’s public trading status.

Question 1: When did OpenTable go public?

OpenTable’s initial public offering (IPO) was on May 14, 2009.

Question 2: On which stock exchange is OpenTable traded?

OpenTable’s shares are traded on the NASDAQ stock exchange under the ticker symbol OPEN.

Question 3: What was OpenTable’s IPO price?

The IPO price was $20 per share.

Question 4: What is OpenTable’s current stock price?

The current stock price fluctuates and should be checked on financial news websites or trading platforms.

Question 5: What factors influence OpenTable’s stock price?

OpenTable’s stock price is influenced by various factors, including financial performance, growth potential, and overall market conditions.

Question 6: How can I buy shares of OpenTable?

Shares of OpenTable can be purchased through a brokerage account.

These FAQs provide essential information for investors interested in OpenTable’s public trading status and stock performance.

Transition to the next article section: Explore OpenTable’s financial performance, company size, and industry position.

Tips on Understanding “Is OpenTable Publicly Traded?”

Delving into the world of publicly traded companies can be complex. Here are some tips to help you navigate the topic of “Is OpenTable Publicly Traded?” with clarity and precision:

Tip 1: Understand the Basics of Public Trading

Public trading refers to the process where a company offers its shares for purchase on a stock exchange, allowing investors to buy and sell those shares. OpenTable, the popular online restaurant reservation platform, is a publicly traded company, meaning its shares are available for trading on the NASDAQ stock exchange under the ticker symbol OPEN.

Tip 2: Know Where to Find Accurate Information

When researching publicly traded companies, it’s crucial to rely on credible sources. Official company websites, financial news outlets, and reputable investment platforms provide accurate and up-to-date information on stock prices, financial performance, and other relevant details.

Tip 3: Consider Financial Performance

A company’s financial performance is a key indicator of its overall health and prospects. When evaluating OpenTable’s public trading status, pay attention to its revenue growth, profitability, and financial ratios. These metrics offer insights into the company’s financial stability and potential for future growth.

Tip 4: Monitor Market Trends

The overall stock market and industry trends can significantly impact a company’s stock price. Stay informed about economic news, industry developments, and geopolitical events that may influence OpenTable’s performance in the public markets.

Tip 5: Consult Financial Advisors

For in-depth guidance and personalized advice, consider consulting a financial advisor. They can provide tailored recommendations based on your investment goals and risk tolerance, helping you make informed decisions about investing in OpenTable or other publicly traded companies.

Summary

Understanding the intricacies of “Is OpenTable Publicly Traded?” requires a combination of knowledge, research, and informed decision-making. By following these tips, you can gain a clearer perspective on OpenTable’s public trading status, its financial performance, and the factors that influence its stock price.

Conclusion

OpenTable’s public trading status, represented by its ticker symbol OPEN on the NASDAQ stock exchange, is a significant aspect of the company’s financial landscape. Through its initial public offering in 2009, OpenTable gained access to capital markets, allowing it to expand its operations and services. As a publicly traded company, OpenTable’s financial performance, growth prospects, and market position are subject to scrutiny by investors and analysts.

Understanding the implications of OpenTable being publicly traded empowers investors and stakeholders with the ability to make informed decisions. It provides transparency into the company’s financial health, enables access to investment opportunities, and facilitates informed analysis of the online restaurant reservation industry. As OpenTable continues to navigate the dynamic market landscape, its public trading status remains a key factor shaping its growth trajectory and long-term success.