Core Viewpoint - Opendoor's stock surged over 55% following the announcement of Kaz Nejatian, former COO of Shopify, as the new CEO, replacing Carrie Wheeler [1][3] Leadership Changes - Kaz Nejatian has been appointed as CEO, with co-founder Keith Rabois becoming chairman of the board and Eric Wu rejoining the board after a previous departure in 2022 [2] - Board members Pueo Keffer and Glenn Solomon have stepped down [2] Market Context - The company faced significant challenges, with stock prices plummeting from over $30 to below $1 by April, but has since recovered, achieving over 600% growth in the last six months, trading between $8 and $9 [4] - The company reported its first quarter of positive adjusted EBITDA in Q2 [4] Strategic Vision - Nejatian aims to leverage AI technology and new strategies, including partnerships with traditional brokers, to enhance market share and profitability [5] - He expressed a vision of building a platform for homeownership that unlocks opportunities for families [6]

Core Viewpoint - Online real estate platform Opendoor (OPEN.US) experienced a significant stock surge of approximately 58%, reaching a peak of $9.25, marking the highest level since March 2022 [1] Company Developments - Opendoor appointed Kaz Nejatian as the new Chief Executive Officer, while co-founder Keith Rabois will return to the board [1] - The previous CEO, Carrie Wheeler, resigned last month under pressure from investors [1]

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform.Opendoor stock rocketed 50% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman.The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 400% so far.Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical comments from Raboi ...

Core Insights - Opendoor Technologies (OPEN) is focusing on profitability amid challenging macroeconomic conditions in the housing market, reporting its first profitable quarter in three years with $23 million in adjusted EBITDA in Q2 2025 [1][8] Financial Performance - In Q2 2025, Opendoor generated revenues of $1.57 billion and a contribution profit of $69 million, resulting in a margin of 4.4%, down from 6.3% a year earlier [2] - The company ended the quarter with $789 million in unrestricted cash and $7.8 billion in borrowing capacity, supported by a $325 million convertible notes issuance [3][8] Strategic Initiatives - Opendoor is introducing products like Cash Plus to reduce upfront capital requirements for sellers and is expanding its revenue mix towards more capital-light, fee-driven streams through its distributed agent platform [4][8] Market Challenges - The company faces challenges from an unfavorable mix of older inventory and elevated spreads, which reflect a cautious pricing approach in the current housing environment [5] - The expected adjusted EBITDA loss for Q3 is projected to be between $21 million and $28 million [5] Stock Performance and Valuation - Opendoor's stock has surged 874.4% over the past three months, significantly outperforming the industry average growth of 8.8% [6] - The forward price-to-sales (P/S) multiple for Opendoor is 0.84X, well below the industry average of 5.77X [10] Analyst Sentiment - The Zacks Consensus Estimate for Opendoor's 2025 loss per share has widened from 21 cents to 24 cents, indicating weakening analyst sentiment [11] - Projections suggest a 35.1% rise in Opendoor's earnings for 2025, contrasting with declines expected for other industry players [12]

Thomas Fuller / SOPA Images / LightRocket via Getty Images Opendoor Technologies shares surged 50% soon after the opening bell Thursday, Sept. 11, 2025 Key Takeaways Opendoor Technologies names former Shopify CFO Kaz Nejatian to be new CEO. The online real estate platform also brought back Co-Founders Keith Rabois and Eric Wu as board members, with Rabois as Chair. Rabois' venture capital firm and Wu are investing $40 million in the company. Opendoor Technologies (OPEN) shares soared 50% Thursday, ...

由于股价低于1美元，该公司今年5月面临从纳斯达克退市的风险。几周后，随着Jackson开始大力宣传 该公司，Opendoor吸引了大量散户投资者的兴趣，并获得了"Meme股"(网红股)的称号。 周四，备受散户关注的在线房地产平台Opendoor Technologies(OPEN.US)开盘暴涨超37%，创三年新 高。自6月份触及历史低点以来，目前该股已经上涨了14倍多。消息面上，该公司周三宣布，已任命前 Shopify(SHOP.US)高管Kaz Nejatian担任首席执行官，并任命联合创始人Keith Rabois担任董事长。 Rabois于2014年与包括Eric Wu在内的团队一起创立了Opendoor。Wu曾担任公司首任首席执行官，后于 2023年卸任。根据周三的公告，Wu将重新加入董事会。 ...

智通财经APP获悉，周四，备受散户关注的在线房地产平台Opendoor Technologies(OPEN.US)开盘暴涨 超37%，创三年新高。自6月份触及历史低点以来，目前该股已经上涨了14倍多。消息面上，该公司周 三宣布，已任命前Shopify(SHOP.US)高管Kaz Nejatian担任首席执行官，并任命联合创始人Keith Rabois 担任董事长。Rabois于2014年与包括Eric Wu在内的团队一起创立了Opendoor。Wu曾担任公司首任首席 执行官，后于2023年卸任。根据周三的公告，Wu 将重新加入董事会。 由于股价低于1美元，该公司今年5月面临从纳斯达克退市的风险。几周后，随着Jackson开始大力宣传 该公司，Opendoor吸引了大量散户投资者的兴趣，并获得了"Meme股"(网红股)的称号。 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Inflation and Economic Indicators - August's Consumer Price Index (CPI) is expected to show a year-over-year increase of 2.9%, up from 2.7% in July, with a monthly rise of 0.3% compared to July's 0.2% [3][4] - The report will be closely monitored for the impact of President Trump's tariffs on consumer costs, which so far has been limited, reinforcing expectations for a Federal Reserve rate cut [3][4] IPO Market - Cler's IPO was the largest of 2025, initially valuing the company at $20 billion, now around $17 billion after a slight decline [25][26] - This week is noted as one of the busiest for IPOs in years, with other companies like blockchain lender Figure and Legent Corp also going public [26] Technology Sector Developments - Oracle's stock surged nearly 36% due to its strong performance in AI cloud infrastructure, positively impacting Asian tech stocks, including SoftBank, which rose almost 10% [4][5][56] - Adobe is set to report Q3 earnings amid fierce competition and a decline of over 20% in its stock this year, raising concerns among investors [7][8] AI and Tech Stack Comparison - Nvidia's CEO emphasized the importance of the US tech stack as a global standard, with the US hardware layer valued at approximately $725 billion, significantly larger than China's $125 billion tech stack [18][21] - The US dollar's dominance as a reserve currency is compared to the US tech stack, highlighting the competitive landscape in the global AI race [20][22] Company-Specific Insights - Salesforce is undergoing a restructuring to balance its workforce, shifting from customer support to sales, aiming to enhance efficiency and revenue generation [9][11] - Cler's CEO highlighted the company's growth to 111 million users and the potential for increased revenue per user through additional financial services [27][29] Market Reactions and Trends - Open Door's stock has seen a dramatic rise of nearly 900% over the past three months, driven by retail interest and the appointment of a new CEO [40][42] - Alibaba's shares rose nearly 3% amid reports of a new funding initiative to raise over $3 billion for AI and cloud infrastructure projects [43][44] Wealth Rankings - Larry Ellison briefly surpassed Elon Musk as the world's richest person following Oracle's stock surge, with Ellison's net worth rising by about $100 billion [52][53] - Oracle's market valuation increased by approximately $234 billion, bringing it closer to the $1 trillion club, driven by strong demand for its cloud services [54][56]

$33 is the new targetDatadoor.io (@DatadoorIO):$OPEN New Opendoor CEO compensation details.TLDR; Kaz will receive base salary of $1 and ~82M shares over the next 5yrs if the stock price reaches all it’s targets up to $33. That is $2.6B+ of compensation at a market cap of ~$24B. https://t.co/IoTIGesDLl ...