Opendoor’s 2025 Stock Rollercoaster: Meme-Fueled 1600% Surge, Shopify Exec at Helm & AI Hype – What’s Next for OPEN?
Opendoor Technologies shares surged over 1,600% from under $1 in June to $10.87 by mid-September, before retreating to around $8 as of late October. The company named Kaz Nejatian CEO in September and announced plans to accept cryptocurrency for home purchases. Most analysts remain skeptical, with average price targets near $1–2. Q3 earnings are due November 6, with revenue expected to fall about 50% year-over-year.