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 is executing a deliberate contraction strategy, cutting revenue by 43.7% YoY in 2026Q2 to $883M while improving NOI margin to 9.7%. The balance sheet has been deleveraged dramatically, with total debt down to $194M from $2.5B in 2024Q1, and cash of $896M provides a runway.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | -$0.23-41.2% vs -$0.16 | $1.0B-2.9% vs $1.1B |
Q3 2026 Aug 4, 2026 | -$0.17-139.2% vs -$0.07 | $883M-2.5% vs $906M |
Q2 2026 May 7, 2026 | -$0.18-260.0% vs -$0.05 | $720M+8.1% vs $666M |
Q1 2026 Feb 19, 2026 | -$0.07+12.5% vs -$0.08 | $736M+23.9% vs $594M |
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.

While the top- and bottom-line numbers for Opendoor Technologies (OPEN) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.08 per share a year ago.
Benchmark OPEN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Opendoor Technologies Inc. (OPEN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.40 | $1.35B | -0.82 | -15.18% | -29.74% | -151.34% | — | |
| $10.21 | $6.21B | -102.10 | 23.67% | 0.63% | 3.62% | — | |
| $29.55 | $7.1B | 326.52 | 15.52% | 1.96% | 1.18% | — | |
| $17.64 | $1.98B | -15.34 | 0.99% | -2.18% | -8.37% | 0.15% | |
| $15.06 | $42.53B | -547.64 | 22.99% | 12.11% | 5.55% | — | |
| $5.32 | $847.31M | -38.00 | 4.48% | -0.35% | -6.78% | 3.63% |
Opendoor Technologies Inc. (OPEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Opendoor Technologies Inc. (OPEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
Jun 12, 2026·SEC
May 7, 2026·SEC
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Opendoor Technologies Inc. (OPEN) stock FAQ — growth, dividends, profitability & financials explained
Opendoor Technologies Inc. (OPEN) reported $3.25B in revenue over the trailing twelve months. Revenue was $4.37B in fiscal year 2025. That is 138% more than the $1.84B of fiscal year 2018.
Opendoor Technologies Inc. (OPEN) revenue fell by 15.2% in fiscal year 2025, compared with the prior fiscal year.
No. Opendoor Technologies Inc. (OPEN) reported a net loss of $1.52B over the trailing twelve months.
Opendoor Technologies Inc. (OPEN) had a return on equity (ROE) of -151.3% in fiscal year 2025. A negative ROE means the company lost money over the period.
Opendoor Technologies Inc. (OPEN) generated Funds From Operations (FFO) of $-1492.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.