Workflow
iBuyer
icon
Search documents
Opendoor Stock Just Soared 450% -- Is It Too Late to Buy?
The Motley Fool· 2025-10-03 09:00
Opendoor is up 450% this year -- here's the game-changing catalyst that could send it even higher.Opendoor (OPEN -0.50%) has staged a massive comeback, soaring 450% year to date. With a new CEO, bold national expansion plans, and a dominant position in the iBuyer space, the company could disrupt real estate at scale. The question is whether this surge is sustainable -- or just the beginning of an even bigger move.Stock prices used were the market prices of Sept. 29, 2025. The video was published on Oct. 1, ...
Opendoor's Buyer Perks Are A 'Nothing Burger' — Business Model Still A Mystery, Says Hedge Funder
Benzinga· 2025-10-02 16:37
Hedge fund manager George Noble posted a bold criticism of Opendoor Technologies, Inc.’s (NASDAQ:OPEN) latest product rollouts in a social media post on Wednesday night. OPEN stock is moving. See the real-time price action here. Earlier on Wednesday, Opendoor CEO Kaz Nejatian announced two new benefits: a seven-day home test drive and a 100-day home warranty for buyers who purchase homes from Opendoor. Read Next: Tesla, Rivals Brace For EV Market ‘Collapse’—Thanks To TrumpNoble's comments about Opendoor's n ...
OPEN's Profitability Milestone: A Turning Point for the iBuyer Model?
ZACKS· 2025-09-11 14:01
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]