The iBuyer has done a great job of right-sizing its business and moving toward profitability.Opendoor (OPEN -4.25%) wasn't exactly a strong performer in the 2022 bear market, as the real estate slowdown was a terrible catalyst for its business. However, since that time, Opendoor's management has done a solid job of right-sizing the business and focusing on improving profitability. In this video, I'll talk about the recent results and another factor that could lead me to buy shares in the not-too-distant fut ...

Housing trends are not in its favor.Opendoor Technologies (OPEN 8.87%) stock dropped 34% in April, according to data provided by S&P Global Market Intelligence. There wasn't any news specific to Opendoor in April, but the market was pessimistic due to stubborn inflation, and companies like Opendoor that are affected by inflation took a strong hit from the negative sentiment.Opendoor's struggles won't end until the housing market improvesOpendoor operates an iBuying business, which means it buys properties f ...

Opendoor Technologies Inc (NASDAQ:OPEN) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Conference Call Participants Good day. And thank you for standing by. Welcome to Opendoor TechnologiesÂ' First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that todayÂ's conference is being recorded. Thank you and good afternoon. Details of our ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number 001-39253 Opendoor Technologies Inc. (Exact name of registrant as specified in its chart ...

Exhibit 99.1 Opendoor Announces First Quarter of 2024 Financial Results SAN FRANCISCO, California - May 2, 2024 - Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e- commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2024. Opendoor’s first quarter 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website a ...

SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Eric Feder, President of LENX and a senior executive at Lennar Corporation, has been appointed to its Board of Directors, effective as of May 1, 2024. "We are delighted to have Eric Feder join our Board," said Carrie Wheeler, Opendoor CEO and Board Director. "Eric is a seasoned executive in residential real estate ...

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Investing in a company seeking to reinvent the housing market could change your portfolio for the better.The best investments are often small companies with bold ideas that change the game for an industry. Opendoor Technologies (OPEN -2.17%) fits that description nicely.Today, buying and selling a home is about as painful as it was 40 years ago. Opendoor's ambition to bring a digital touch to the experience and more accessible liquidity for buyers and sellers gives the stock immense potential, even if there ...

SAN FRANCISCO, April 04, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report first quarter 2024 financial results for the period ended March 31, 2024 following the close of the market on Thursday, May 2, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: Opendoor ...

Opendoor Technologies Inc. (OPEN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -21.5% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Technology Services industry, to which Opendoor Technologies Inc. belongs, has gained 2.5% over this period. Now the key question is: Where could the stock be h ...