Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company is headquartered in San Francisco, California.
| Revenue (TTM) | $3.36B |
| Gross Profit (TTM) | $253.00M |
| EBITDA | $-598.00M |
| Operating Margin | -18.30% |
| Return on Equity | -235.10% |
| Return on Assets | -12.30% |
| Revenue/Share (TTM) | $3.59 |
| Book Value | $0.64 |
| Price-to-Book | 1.90 |
| Price-to-Sales (TTM) | 0.41 |
| EV/Revenue | 0.862 |
| EV/EBITDA | -5.85 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 11.70% |
| Shares Outstanding | $971.09M |
| Float | $912.31M |
| % Insiders | 4.90% |
| % Institutions | 58.69% |
Volatility is currently expanding
A surge in home buying ran into with a stalled resale market at Opendoor Technologies (NASDAQ:OPEN), and Wall Street isn't forgiving the mismatch. Opendoor stock trades at $1.42, down 21%.
Opendoor stock is sinking on Friday after the home-flipping company reported less-than-stellar third-quarter earnings on Thursday. Sales rose 12% to $1.02 billion, but gross margin fell to 3.7% from 7.2% a year ago, and the net loss grew to $218 million from $90 million.
Revenue increased 12% year-over-year; homes purchased more than quadrupled; TTM marketing efficiency improved 57% and operations efficiency improved 36%.
Housing stocks, including Opendoor, rallied after Democrats won both chambers of Congress in the midterms. Oil and the 10-year Treasury yield fell on hopes for a quicker end to the Iran war, and lower yields tend to pull mortgage rates down with them.
SAN FRANCISCO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), the e-commerce platform for residential real estate, today announced that Mike Alfred, Founder and Managing Partner of Alpine Fox LP, has been appointed to its Board of Directors (“Board”), effective immediately. Mr. Alfred will also serve on the Nominating and Corporate Governance Committee of the Board.
Few corners of the housing market have absorbed more punishment this year than iBuying. Shares of Opendoor Technologies (NASDAQ:OPEN) are up 2% in afternoon trading to $2.09, leaving the stock down 64% year to date (YTD).
Top real estate companies are rallying today. Zillow Group stock jumped 11%, while Better Home & Finance and Opendoor surged 33% and 17%, respectively.
Falling long-term interest rates are lifting housing-linked stocks, and shares of the company that carries homes on its own balance sheet are moving the most. Opendoor Technologies (NASDAQ:OPEN) shares are up 7% to $2.14 in morning trading.
OPEN's capital-light model aims to widen housing-market reach as lower capital needs, better conversion and a future marketplace support expansion.
Opendoor is expanding mortgages toward 35-40 states by 2026-end, aiming to cut buying friction, boost inventory turnover and improve capital efficiency.
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