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NASDAQ:OPEN 3 February 2026 - 11 May 2026

Opendoor Stock Faces a Hard Profit Test as CEO Says Turnaround Is Working

Opendoor Stock Faces a Hard Profit Test as CEO Says Turnaround Is Working

Shares of Opendoor Technologies Inc. slipped Monday, trading recently at $4.88—off about 2.6%—after CEO Kaz Nejatian insisted the company has patched a key weakness in its approach. Investors looked past that assurance, focusing instead on a first-quarter loss that more than doubled year-over-year. Volume topped 30 million shares, putting market capitalization near $4.68 billion. It's not just the big loss—the real test now is whether Opendoor can pull off its plan. The company says it’s aiming for about breakeven adjusted EBITDA in the second quarter. Adjusted EBITDA, a non-GAAP metric, excludes interest, taxes, depreciation, amortization, and some other costs. That’s a critical point, since Opendoor is still buying homes and holding inventory, reselling those properties into a sluggish housing market. Every extra day a home sits unsold chips away at the company’s margins.
Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now

Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now

Opendoor Technologies surprised Wall Street with stronger first-quarter revenue, pushing the company to predict adjusted EBITDA breakeven for Q2—a milestone for its turnaround effort. Still, the headlines weren’t all positive: sales dropped 38% year over year, and its GAAP net loss deepened to $173 million. This report lands at a critical moment for Opendoor, which is under pressure to show its iBuying model—quick online home purchases, rapid resales—can survive in a sluggish housing market. Freddie Mac pegged the average 30-year fixed mortgage at 6.37% this week, a number high enough to put buyers on edge and make each property sale count.
Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies climbed roughly 0.8% to $5.50 in morning trading Wednesday, pushing further into its April rally as the company’s first-quarter report nears on May 7. The stock finished at $5.45 Tuesday, well above its April 14 close of $4.51. This matters now with Opendoor stock surging once more, retail traders crowding into meme stocks—names that can spike on social chatter instead of earnings. Facing its next quarterly report, the company announced last week it’s scrapping the standard earnings call in favor of a video “Financial Open House,” where shareholders can submit live questions.
Opendoor Technologies stock jumps as housing data beats ahead of May 7 earnings

Opendoor Technologies stock jumps as housing data beats ahead of May 7 earnings

Opendoor Technologies Inc. climbed roughly 5.6% Tuesday afternoon, outperforming most housing stocks after upbeat U.S. pending home sales figures. Traders also have their eyes on the company’s upcoming Q1 results slated for May 7. Shares were recently at $5.65, off session highs of $5.99. This shift hits as the spring selling season ramps up—a key window for Opendoor. The company offloads homes from its own stock and operates a marketplace where sellers can close deals without Opendoor ever holding the deed. Now, the spotlight is on the next earnings report. Investors are looking for signs the turnaround is holding, with mortgage rates and buyers’ budgets still putting a lid on activity.
Opendoor Technologies Stock Price Drops as Mortgage Rates Hit 3-Month High, Home Sales Slide

Opendoor Technologies Stock Price Drops as Mortgage Rates Hit 3-Month High, Home Sales Slide

Opendoor Technologies finished Thursday’s session off 2.6%, settling at $5.14. The online home-selling firm's market cap now stands near $5.9 billion. Trading volume hit 27.8 million shares. This is significant: Opendoor doesn’t just host listings—it puts up its own cash to purchase houses from sellers, then flips them. That leaves the company uniquely vulnerable to mortgage rates and the pace of buyer demand.
Opendoor Technologies (OPEN) Stock Price Rebounds After Selloff as Mortgage Rates Rise Again

Opendoor Technologies (OPEN) Stock Price Rebounds After Selloff as Mortgage Rates Rise Again

Opendoor Technologies shares added roughly 2.4%, changing hands at $4.96 late Friday morning. The move retraced a portion of the losses from the prior session. The rebound is especially significant for Opendoor, given how sensitive the company is to shifts in financing costs right as the spring homebuying rush begins. Freddie Mac reported that the average rate for a 30-year fixed mortgage edged up to 6.11% this week, from 6.00%. Still, chief economist Sam Khater noted that buyers have been “responding to rates in this range,” and there was also an uptick in purchase applications.
Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Technologies stock slid roughly 6% on Thursday. The online home seller opened at $5.19, slipped to a session low of $4.91, and by late morning was changing hands at $4.94 on the Nasdaq. Opendoor’s fate is closely linked to housing turnover. The company purchases homes from sellers and flips them, so when mortgage rates change or resales slow, it tends to feel the squeeze on demand, inventory flow, and profit margins simultaneously.
Opendoor Stock Price Rises on Fresh Growth Signal as 4.99% Mortgage Draws Scrutiny

Opendoor Stock Price Rises on Fresh Growth Signal as 4.99% Mortgage Draws Scrutiny

Opendoor Technologies moved up roughly 1.3% to $5.08 in late-morning trading Wednesday, helped by a bump in weekly acquisition contracts—up 12% from the previous week, according to the company’s own public tracker. That tracker, Opendoor notes, is unaudited and can reflect contracts that might later be canceled. Shares beat out other names tied to the housing market, as Rocket Companies and Zillow were both down. The update is notable—Opendoor’s main business remains buying homes off sellers and flipping them online, which keeps the company sharply exposed to shifts in mortgage rates, buyer appetite, and inventory turnover. New housing figures out this day showed more resilience: U.S. existing-home sales ticked up 1.7% in February, while mortgage applications climbed 3.2% over the past week.
Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Technologies shares were choppy on Monday, slipping down to $4.74 at one point before rebounding to trade near $5.07 in the afternoon. The moves came as investors took stock of the company's fresh 4.99% mortgage offer. This shift is significant for Opendoor, the biggest U.S. iBuyer—meaning it snaps up homes directly from sellers, then flips them—because it’s up against a housing market where the average 30-year fixed mortgage rate is holding at 6.00%. The company is aiming to push adjusted net income into the black by the end of 2026.
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Stock Market Today

  • Focusrite PLC: Rockwood Strategic Plc now holds over 5% voting rights
    June 30, 2026, 7:16 AM EDT. Focusrite PLC said Rockwood Strategic Plc crossed above the 5% voting rights mark, now at 5.137% as of June 29, 2026. The company announced the change on June 30, 2026, in line with UK reporting requirements for large holdings. Rockwood Strategic's stake was previously at 4.1867%. The change shifts Focusrite's shareholder base. The notification was made on the London Stock Exchange.
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