Is Opendoor 2.0 Working? Why OPEN Is Prioritizing Product Over Growth

Key Takeaways OPEN's Opendoor 2.0 shifts focus from growth at any cost to profitability and unit economics.Opendoor's October 2025 cohort shows faster sell-through and improved contribution margins.OPEN trades at 0.73x forward P/S, while 2026 loss estimates have narrowed in the past month.Opendoor Technologies Inc.’s (OPEN) fourth-quarter 2025 earnings call made one thing clear: the company is no longer chasing growth at any cost. Instead, Opendoor 2.0 is deliberately slowing the top line to fix the engine ...