Core Viewpoint - Opendoor Technologies is expected to experience significant stock volatility following its upcoming second-quarter earnings report on August 5, with recent meme-stock trading contributing to its price fluctuations [1][5]. Group 1: Stock Performance and Volatility - Opendoor's share price has surged over 280% in the last month, primarily driven by its popularity among meme-stock traders, despite a recent pullback [2][4]. - Historically, Opendoor has experienced high valuation volatility post-earnings, with reports often leading to substantial sell-offs rather than gains [4][6]. - The stock is currently down 12.5% over the past year and approximately 81% over the last five years [4]. Group 2: Valuation Metrics - Opendoor's forward price-to-sales (P/S) ratio is around 0.3, indicating it is valued at just 30% of this year's expected sales, which may present opportunities for explosive gains [7]. - The company has guided for second-quarter sales between $1.45 billion and $1.525 billion, with a contribution profit forecast of $65 million to $75 million, and non-GAAP EBITDA between $10 million and $20 million [10]. Group 3: Market Dynamics and Future Outlook - The recent meme momentum could lead to significant valuation gains even with minor performance beats in the upcoming earnings report [11]. - Management may consider selling new stock at elevated levels to strengthen the balance sheet, although this could lead to share dilution and potential sell-offs [12].

Company Overview - Opendoor Technologies operates as a house flipper, buying homes in various conditions and selling them after renovations, utilizing a proprietary algorithm to select properties in approximately 50 markets [2][4] - The company aims to scale the traditional house flipping business model, which has been practiced by small investors for years, but faces challenges due to the unique nature of each home [4] Financial Performance - Opendoor has not yet achieved sustainable profits, facing seasonal headwinds in the property market, with peak homebuying activity occurring in spring and summer [5] - Investors should be prepared for significant profit fluctuations throughout the year, heavily reliant on the success of the selling season [5] Stock Performance - The recent spike in Opendoor's stock price does not necessarily reflect positive business fundamentals, as it appears to be influenced by meme stock trading behavior rather than company performance [7][9] - The company had previously considered a reverse stock split to avoid delisting, which would not change the underlying business but could temporarily inflate the stock price [8][9] Investment Outlook - The current situation suggests that investors are more engaged in speculative trading rather than long-term investment in Opendoor's business [9][11] - For long-term wealth-building investors, Opendoor is advised to be avoided until it demonstrates sustainable profitability, and it may be more suitable for a watch list rather than an active investment [10][12][13]

修改反向拆股方案不符合（本公司/股东的）最佳利益。 Opendoor Technologies Inc.：取消特别股东会议安排。 ...

Core Viewpoint - Opendoor Technologies Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing its common stock to remain listed on the Nasdaq Global Select Market [1][2]. Group 1: Compliance with Nasdaq Requirements - Opendoor's shares maintained a closing bid price of at least $1.00 for 12 consecutive business days from July 15, 2025, to July 30, 2025, thus fulfilling the requirement [2]. - Nasdaq has confirmed that the compliance issue is now resolved, and the matter is closed [2]. Group 2: Cancellation of Special Meeting - The Board of Directors has decided to cancel the Special Meeting of Stockholders scheduled for August 27, 2025, which was intended to discuss a discretionary reverse stock split [3]. - The cancellation is based on the determination that it is in the best interests of the Company and its stockholders, given the regained compliance with the minimum bid price requirement [3]. Group 3: Company Overview - Opendoor is a leading e-commerce platform for residential real estate transactions, aiming to simplify the process of buying and selling homes [4]. - Since its inception in 2014, Opendoor has been providing services across the U.S. and is focused on innovation and problem-solving in the real estate sector [4].

However, the Fed's rate hikes in 2022 and 2023 ended the post-pandemic housing boom while driving up the costs of buying and renovating those properties. That's why Zillow and Rocket's Redfin both shut down their integrated iBuying platforms in 2022. But with Zillow and Redfin out of the picture, Opendoor is the one big major iBuyer standing. It's expected to generate more than six times as much revenue as its closest competitor, Offerpad, this year. So if interest rates decline, the housing market warms up ...

The struggling real estate tech specialist is considering a reverse stock split. Investors eagerly shut the door on real estate transaction platform developer Opendoor Technologies (OPEN -7.87%) on Monday. They didn't take kindly to news of an important vote on the company's future, and sent the share price down by almost 8% on the day. Meanwhile, the S&P 500 (^GSPC 0.02%) flatlined across the session, indicating that many other stocks would have been better pickups. Decision delayed In its words, "an appro ...

Company Actions - Opendoor 推迟了关于反向股票分割的股东投票 [1] - 原因是公司股价最近上涨 [1]

Opendoor将股东特别会议推迟至8月27日。 ...

Core Viewpoint - Opendoor Technologies Inc. has announced the adjournment of its Special Meeting of Stockholders to August 27, 2025, to allow more time to assess market conditions and the company's stock price [1][5]. Proposal and Compliance - The Special Meeting was originally convened to consider two proposals regarding a discretionary reverse stock split of the company's common stock, which would only be pursued if deemed beneficial by the Board of Directors [2]. - The company received a notice from Nasdaq in May indicating non-compliance with listing rules due to its stock price being below $1.00 per share for 30 consecutive business days [3]. - To regain compliance, Opendoor's stock price must be at least $1.00 per share for a minimum of 10 consecutive business days by November 24, 2025 [4]. Meeting Details - The adjourned Special Meeting will continue to be held online, and stockholders are encouraged to vote during the adjournment period [6][7]. - The record date for stockholders entitled to vote remains June 4, 2025 [7].

Group 1 - The resurgence of meme stocks has created a dilemma for professional investors, weighing the option to capitalize on retail trading enthusiasm against the risk of a market bubble warning signal [1] - Stocks like Opendoor Technologies Inc. and Kohl's Corporation have seen significant price movements, with major indices like the S&P 500 and Nasdaq 100 reaching historical highs since early April [1] - FINRA data indicates that margin debt for purchasing stocks has surpassed levels seen during the tech bubble, reaching an all-time high [1] Group 2 - Signs of market fatigue are emerging, as the latest meme stock rally has shown a quick loss of momentum, with Bitcoin also retreating from its historical peak [3] - Some Wall Street trading desks are advising clients to purchase insurance at discounted prices to guard against potential losses, as current market valuations appear significantly high [3] - The S&P 500's expected price-to-earnings ratio is nearing 23 times, well above the 10-year average of approximately 18 times, indicating a substantial disconnect from fundamentals [3] Group 3 - The current speculative frenzy is reminiscent of the January 2021 meme stock surge, driven by retail investors using government stimulus checks and zero-commission trading platforms [7] - The trading volume for Opendoor reached 1.8 billion shares on its busiest day, accounting for nearly 10% of total U.S. stock market volume, highlighting the amplified speculative momentum [7] - The macroeconomic backdrop is different this time, with rising interest rates and expectations of potential Federal Reserve rate cuts later this year, which could further support the stock market [7] Group 4 - Current market conditions are still digesting the impacts of tariffs imposed by the Trump administration, but most trade agreements have yielded better-than-expected results since early April [7] - Inflation appears to be under control, and earnings growth remains stable, which could provide a foundation for continued market performance [7] - If the Federal Reserve does not cut rates this year or if tariffs and inflation undermine other positive factors, the market may face a reassessment [7]