Opendoor Technologies Inc. has reported a mixed fourth quarter, achieving a revenue of $736 million that exceeded Wall Street estimates, yet also posting a loss per share of $1.26, missing analysts' expectations. Despite operating at a loss and facing a year-over-year revenue decline, the company experienced a significant 46% sequential increase in home acquisition volume and a stock surge of 14% in premarket trading. Analysts predict a 1.5% drop in sales for 2026, highlighting concerns over the company's reliance on rapid inventory turnover amid subdued buyer demand as it seeks to stabilize operations and reach break-even adjusted net income by year's end.
“Opendoor Technologies Inc. · has volume · Volume · 16,344,139”
“Opendoor Technologies Inc. · Volume · shares traded · 16,344,139”
“Opendoor Technologies Inc. · has volume · 16,344,139 · stocks”
“Opendoor Technologies · has · stock price · $5”
“Opendoor Technologies · has · revenue · $915 million”
“Opendoor Technologies · has · number of homes sold · 2,568”
“Opendoor Technologies · is · operating at a loss · true”
“Opendoor Technologies · posted · loss per share · $0.07”
“Opendoor Technologies · posted · GAAP net loss · $1.1 billion”
“Opendoor Technologies · has · mean target price among analysts · $3.48”
“Opendoor Technologies · has · high-end target price · $8”
“Opendoor Technologies Inc. · increased home purchases · 1,706 homes · 46% sequentially”