NASDAQ:OPEN
Opendoor Technologies Inc. (OPEN)
Financials 
Technical Analysis 
May 28, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
Opendoor Technologies Inc. has become a subject of significant media attention and speculative trading, characterized by a remarkable 1,408% surge over the past three months. Despite this impressive momentum, analysts are cautious, citing negative earnings and operating cash flow, alongside sharply declining revenues from previous quarters. The recent financial results show a concerning drop in revenue of 41.6% quarter-over-quarter, and a gross profit decline of 48.4%, raising alarms about the company's operational efficiency and market challenges. Although social media mentions have seen a recent uptick, reflecting increased investor interest, the overall sentiment remains wary. Experts emphasize the high-risk nature of Opendoor's stock, often compared to meme stocks, with potential volatility that could lead to swings of 50% or more in a day.
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Premium contentOpendoor reported a revenue of 915M, which is a -41.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes. Gross Profit stood at 66M, marking a -48.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes. Social media mentions are up 11.4% in the past 24h.
Premium contentOpendoor reported a revenue of 1.57B, which is a 35.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction. Social media mentions are up 0.5% in the past 24h.
OPEN is seeing a surge on a lot of media attention and hedge fund hype recently. On fund is hyping a 100X potential return so of course investors are paying attention on this.We would approach a name like this carefully. Revenues are far lower than where they were at the peak in 2022 and expected to further decline in 2025. The company also has negative earnings and negative operating cash flow. Momentum is most impressive in the stock, of course, with a 1000% three-month gain. This of course does not mean it cannot continue to do well, but it should be viewed as high risk and exceptionally speculative. Like any 'meme' stock, OPEN can be expected to swing 50% or more either way, even in a day. There is a 25% short interest. We would not endorse it on fundamentals.
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Premium content
Premium contentPremium contentStockchase Research Editor: Michael O'Reilly OPEN is a new player to the real estate sales platform space and it promises to be a disruptor. Its platform offers both residential buyers and sellers to transact. What makes it different from its competitors is that they actually purchase inventory, which allows it to not only profit on the fees from both sides, but also to capture arbitrage profits. Several on the management team come from Uber. We would buy this with a stop-loss at $19, looking to achieve at least $38.00 -- over 38% upside. This one has enormous upside potential. Yield 0% (Analysts’ price target is $51.50)
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Opendoor Technologies Inc. (OPEN) Frequently Asked Questions
What is Opendoor Technologies Inc. stock symbol?
Opendoor Technologies Inc. is a American stock, trading under the symbol OPEN (previously OPEN-Q on Stockchase) on the NASDAQ (OPEN). It is usually referred to as NASDAQ:OPEN or OPEN
Is Opendoor Technologies Inc. a buy or a sell?
In the last year, 4 stock analysts published opinions about OPEN (previously OPEN-Q on Stockchase). 0 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Opendoor Technologies Inc..
Is Opendoor Technologies Inc. a good investment or a top pick?
Opendoor Technologies Inc. was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-01-19. Read the latest stock experts ratings for Opendoor Technologies Inc..
Why is Opendoor Technologies Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Opendoor Technologies Inc. worth watching?
4 stock analysts on Stockchase covered Opendoor Technologies Inc. in the last year. It is a trending stock that is worth watching.
What is Opendoor Technologies Inc. stock price?
On 2026-05-29, Opendoor Technologies Inc. (OPEN) stock closed at a price of $4.98.
It doesn't make money, and shares are high.