Opendoor (OPEN) stock pops to start 2026 — the $6 level investors are watching
4 January 2026
1 min read

Opendoor (OPEN) stock pops to start 2026 — the $6 level investors are watching

NEW YORK, January 3, 2026, 18:40 ET — Market closed

Opendoor Technologies shares rose 4.1% on Friday to close at $6.07, after trading between $5.85 and $6.15. Volume was about 38.4 million shares. U.S. markets are closed on Saturday. MarketWatch

The Nasdaq-listed online home seller began the year with a new finance chief: Christy Schwartz became CFO on Jan. 1, a regulatory filing showed. The same filing detailed performance restricted stock units — stock grants that vest only if targets are met — with an initial share-price hurdle around $6.24. SEC

The gain came as some investors rotated back into higher-risk names to open 2026, after a late-year pullback in parts of the market. “The market is seeing a ‘buy the dip, sell the rip,’ trading mentality,” Joe Mazzola, head of trading and derivatives strategy at Charles Schwab, told Reuters after U.S. blue chips ended higher on Friday. Reuters

Opendoor runs a digital platform for residential real estate, including buying homes directly from sellers and reselling them — a model often called iBuying, short for “instant buying.” It also markets a “capital-light” marketplace that connects sellers with buyers without Opendoor taking ownership of the home, its company profile shows. Reuters

Other real estate-linked stocks did not mirror Opendoor’s rise. Zillow fell 3.4% and Compass slipped 0.7% in the same session.

Rate expectations stayed a key backdrop. U.S. Treasury yields moved higher on Friday, with the benchmark 10-year yield around 4.19%, as investors looked ahead to economic data and the Federal Reserve’s policy path, Reuters reported. Reuters

For Opendoor, shifts in the rate outlook can matter quickly because mortgage costs influence housing demand, and the company’s model is sensitive to how fast it can turn homes and recycle capital.

Before next session, investors will focus on U.S. labor-market updates, including the Employment Situation report for December 2025 scheduled for Jan. 9 at 8:30 a.m. ET, along with other labor releases in the week ahead. Bureau of Labor Statistics

Opendoor has not confirmed a date for its next earnings release; MarketBeat’s calendar estimates a report on Feb. 26 after the market closes, based on past reporting patterns. MarketBeat

When results arrive, traders are likely to watch purchase and resale volumes, inventory levels and contribution margin — profit per transaction before corporate costs — for signs the model can hold up if rates stay elevated.

On the chart, Friday left the stock sitting near the $6 handle. Traders will watch whether shares can clear the $6.15 session high or slip below the $5.85 low when U.S. markets reopen on Monday.

Opendoor heads into the new week with rates and labor data in focus, and with its new CFO’s stock-linked incentives putting extra attention on how the shares behave around the low-$6 area.

Stock Market Today

  • 2 Nasdaq Tech Stocks Positioned for Growth in 2026 Amid AI Spending Surge
    January 25, 2026, 12:10 PM EST. The Nasdaq Composite has risen 111% over three years, fueled by tech sector strength and artificial intelligence (AI) adoption. Global AI spending is expected to reach $2.5 trillion in 2026, up 44% from last year, with further growth anticipated. Applied Materials (AMAT), a semiconductor equipment maker, surged 72% in six months due to high demand for AI-specific chips. Industry group SEMI forecasts semiconductor equipment sales to rise from $133 billion in 2025 to $145 billion in 2026, supported by increased capital expenditures from major chipmakers like TSMC and Micron. Applied Materials posted record fiscal 2025 revenue of $28.4 billion and may exceed revenue expectations in the current year, driven by this strong demand.
NIO stock today: Shares close higher on record deliveries as traders line up next catalysts
Previous Story

NIO stock today: Shares close higher on record deliveries as traders line up next catalysts

Fluence Energy stock jumps 16% to kick off 2026 as AI-power demand lifts storage names
Next Story

Fluence Energy stock jumps 16% to kick off 2026 as AI-power demand lifts storage names

Go toTop