Opendoor Technologies/$OPEN

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About Opendoor Technologies

Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.

Ticker

$OPEN
Primary listing

Industry

Real Estate Management and Development

Employees

1,470

ISIN

US6837121036

OPEN Metrics

BasicAdvanced
$1.2B
-
-$0.52
2.76
-

What the Analysts think about OPEN

Analyst ratings (Buy, Hold, Sell) for Opendoor Technologies stock.

Bulls say / Bears say

Opendoor Technologies has been recognized for its innovative approach to real estate transactions, leveraging AI and machine learning to streamline the home-buying and selling process, which could position it as a leader in the evolving digital real estate market. (TipRanks)
The company reported a significant improvement in its financial performance, with a net loss of $78 million in Q3 2024, an improvement from a $106 million loss in Q3 2023, indicating progress towards profitability. (StockTitan)
Analysts have upgraded Opendoor's stock rating, with Keefe, Bruyette & Woods raising it to 'market perform' and increasing the price target to $3.50, reflecting growing confidence in the company's prospects. (InvestorPlace)
Opendoor agreed to pay $39 million to settle a securities lawsuit alleging it misled investors about its AI-powered pricing technology, raising concerns about transparency and operational effectiveness. (Reuters)
The company has faced significant workforce reductions, cutting approximately 22% of its staff in April 2023 due to a weaker housing market, which may impact its operational capacity and growth potential. (Proactive Investors)
Opendoor's stock has experienced volatility, with a notable decline following the announcement of refinancing convertible debt and taking on new debt at a 7% interest rate, indicating potential financial strain. (Nasdaq)
Data summarised monthly by Lightyear AI. Last updated on 10 Jul 2025.

OPEN Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

OPEN Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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