Opendoor Technologies Inc. (OPEN) Reports Q2 Loss, Beats Revenue Estimates

Group 1 - Opendoor Technologies Inc. reported a quarterly loss of $0.01 per share, consistent with the Zacks Consensus Estimate, compared to a loss of $0.04 per share a year ago [1] - The company posted revenues of $1.57 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 5.26%, and up from $1.51 billion year-over-year [2] - Opendoor Technologies shares have increased approximately 53.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.6% [3] Group 2 - The earnings outlook for Opendoor Technologies is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Opendoor Technologies was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The current consensus EPS estimate for the upcoming quarter is -$0.03 on revenues of $1.25 billion, and -$0.19 on revenues of $4.87 billion for the current fiscal year [7] Group 3 - The Internet - Software industry, to which Opendoor Technologies belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]