What Is the Highest Opendoor Stock Has Ever Been?

Core Insights - Opendoor Technologies' stock has surged over 500% in 2025, with a remarkable increase of over 1,500% in the last three months, yet it remains significantly below its all-time high of nearly $36 per share reached in 2021, currently trading just under $11 per share [1][2][6] Business Model - The primary business model of Opendoor revolves around house flipping, a concept that is not new but has not been executed on an institutional scale until now. The company aims to leverage technology to scale this niche in the housing market, but it has yet to achieve sustainable profitability, raising concerns among investors about the viability of its business model [4][6] Leadership Changes - Recent leadership changes have been significant, with the former CEO stepping down in August and a new CEO being appointed in September, who was previously with Shopify. The new CEO has emphasized the importance of artificial intelligence in the company's future strategy, indicating a shift towards integrating AI into its operations [5][6] Market Trends - The recent developments in Opendoor tap into broader trends in artificial intelligence and the meme stock phenomenon, driven by activist investors. However, the substantial gap between the current stock price and its all-time high serves as a cautionary signal for long-term investors, suggesting that the company still has considerable work ahead to demonstrate sustainability [5][6]