Opendoor Technologies Inc. (OPEN) Stock Price & Analysis

Opendoor Technologies Inc. (OPEN) closed at USD 2.02 on Thursday, October 22, 2026, up 3.59% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 1.95; the Oct 22, 2026 session ranged USD 1.88–2.02 on volume of 33,607,952 shares. Market capitalization is $1.96B, with a 52-week range of USD 1.88–9.46 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.

Also available as compact Markdown for AI agents: nexqual.com/OPEN.md

Key facts (OPEN)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (OPEN)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$8.02B$15.6B$6.95B$5.15B$4.37B$3.25B
Gross profit$730M$667M$487M$433M$350M—
Operating income-$568M-$931M-$386M-$320M-$287M-$521M
Net income-$662M-$1.35B-$275M-$392M-$1.30B-$1.52B
EPS (diluted)-$1.12-$2.16-$0.42-$0.56-$1.70—
Free cash flow-$5.83B$693M$2.31B-$620M$1.04B-$474M
Gross margin9.1%4.3%7.0%8.4%8.0%—
Operating margin-7.1%-6.0%-5.6%-6.2%-6.6%-16.0%
Net margin-8.3%-8.7%-4.0%-7.6%-29.7%-46.7%
Revenue growth+210.5%+94.1%-55.4%-25.8%-15.2%—
Cash + short-term investments$2.21B$1.28B$1.07B$679M$962M—
Total debt$954M$959M$376M$378M$0K—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (OPEN)

P/S 0.6x · P/B 2.1x · FCF yield -24.16% · Earnings yield -77.54%

Insider sales (SEC Form 4, open-market, last ~7 months) (OPEN)

4 of 5 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-15Nguyen GiangChief Operating Officer10,393$21K0.1%YesToo little history (no open-market trades in 2023–2025)
2026-07-15Nguyen GiangChief Operating Officer3,591$17K0%YesToo little history (no open-market trades in 2023–2025)
2026-06-16Benson David CDirector40,000$193K18.2%YesToo little history (no open-market trades in 2023–2025)
2026-05-15Schwartz ChristinaChief Financial Officer74,348$322K1.9%YesOpportunistic (traded every year 2023–2025, no repeating month)
2026-04-15Nguyen GiangChief Operating Officer10,866$50K0.1%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (OPEN)

2 purchases, $588K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-08-14Nejatian KasraChief Executive Officer27,625$100K3.62Too little history (no open-market trades in 2023 or 2024)
2026-05-11Nejatian KasraChief Executive Officer100,000$488K4.88Too little history (no open-market trades in 2023 or 2024)

Analysts (OPEN)

Consensus Hold (mean 3.00 on a 1–5 scale), 9 analysts; mean target USD 4.27 (low 1, high 7).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-09-11JP MorganTarget loweredOverweight$8 → $7
2026-09-11CitizensReiteratedMarket Perform
2026-08-05UBSTarget loweredNeutral$5 → $4.5
2026-07-13Keefe, Bruyette & WoodsTarget raisedUnderperform$2.25 → $2.65

Total return (dividends reinvested) (OPEN)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-71.3%-91.4%
S&P 500 (SPY)+14.9%+80.3%
Per year-71.4%-38.7%
Volatility (annualized)80.0%107.6%
Max drawdown-79.2% (Nov 2025→Oct 2026)-97.7% (Oct 2021→Jun 2025)

OPEN suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerZILLOW GROUP, INC. (ZG)“On July 28, 2022, the Company entered into a warrant agreement with Zillow, Inc. ("Zillow") in connection with a partnership arrangement that allows for Zillow to purchase up to 6 million shares of common stock that will vest in tranches (each, a "Tranche") upon Zillow providing resale marketing services to the Company.”

Quoted from the company's 10-K filed Feb 19, 2026.

OPEN company outlook (results filed Aug 4, 2026)

Quoted word-for-word from the SEC 8-K results press release.

OPEN analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.05$-0.02+135.3%$1.08B3
Next quarter (ends Dec 2026)$-0.05$-0.03+44.8%$1.17B3
Current fiscal year (ends Dec 2026)$-0.19$-0.14+30.9%$3.83B3
Next fiscal year (ends Dec 2027)$-0.02$-0.01+78.0%$7.28B3

OPEN options: expected move

Options price a move of about ±17.6% (±$0.36) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±9.5%. Over the last 8 reports the stock moved ±11% on average.

ExpirationDaysATM implied volatilityExpected move
Oct 30, 2026792.7%±11.1%
Nov 6, 202614107.5%±17.6%
Nov 13, 202621105.1%±20.5%
Nov 20, 202628107.1%±24.0%
Nov 27, 202635141.3%±34.9%
Dec 18, 20265699.9%±30.9%
Jan 15, 20278498.4%±37.1%
Feb 19, 2027119108.3%±48.5%

30-day implied volatility 98.3% vs 72.8% realized over the last 30 trading days. Put/call ratio (volume) 0.09. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 10:38 UTC)

PriceUSD 2.02
Change▲ 3.59% (up)
Previous CloseUSD 1.95
OpenUSD 1.89
Day RangeUSD 1.88 – 2.02
52-Week RangeUSD 1.88 – 9.46
Volume33,607,952 shares
Market Cap$1.96B
ExchangeNMS

Technical Analysis (OPEN)

Nexqual's technical model rates OPEN "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.

Overall SignalSTRONG SELL
RSI (14)33.59 (neutral)
vs SMA50Below (USD 2.75)
MACD-0.21 (negative)

Analyst Ratings (OPEN)

Wall Street analysts rate OPEN "Hold" based on 9 analysts, with a mean price target of USD 4.27 (range USD 1–7), per Nexqual as of October 23, 2026 at 10:38 UTC.

Consensus RatingHold
Analyst Count9
Mean TargetUSD 4.27
High TargetUSD 7
Low TargetUSD 1
Buy / Hold / Sell2 / 5 / 2

Earnings (OPEN)

Next Earnings Date2026-11-05
EPS EstimateUSD -0.05
Revenue Estimate$1.08B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.03 vs est -0.02 ▼ miss
2026-03-31USD -0.05 vs est -0.06 ▲ beat
2025-12-31USD -0.07 vs est -0.09 ▲ beat
2025-09-30USD -0.08 vs est -0.07 ▼ miss

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financials & Fundamentals (OPEN)

Total Revenue$3.25B
Revenue Growth (latest quarter, YoY)-43.70%
Gross Margin+8.64%
Operating Margin-15.86%
Profit Margin-46.74%
ROE-196.89%
Debt / Equity2.15
Current Ratio2.94
Total Cash$896.00M
Total Debt$1.96B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)-$474.00M (-14.6% of revenue)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financial Health Score (OPEN)

Nexqual rates Opendoor Technologies Inc.'s overall financial health "Critical" across five dimensions, as of October 23, 2026 at 10:38 UTC.

GrowthCritical — Revenue -15% YoY (annual), sharp decline
ProfitabilityCritical — Gross margin 9%, operating -16% (last 12 months)
Balance SheetWeak — $962M cash and investments, no debt (Dec 2025, SEC)
Cash FlowWeak — FCF negative: -$474M (last 4 quarters to Jun 2026, SEC), burning cash
EfficiencyCritical — ROE -197%, ROA -10.9%

Ownership (OPEN)

Insider Ownership+4.90%
Institutional Ownership+57.98%
Shares Outstanding971.09M
Float952.38M
Short % of Float+26.62%

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Leadership (OPEN)

Opendoor Technologies Inc. is led by Keith Rabois, Co-Founder & Chairman, per Nexqual as of October 23, 2026 at 10:38 UTC.

Co-Founder & ChairmanKeith Rabois
Director of Capital Markets & Investor RelationsMichael Judd

Major Backers & Investors (OPEN)

Notable institutional backers of Opendoor Technologies Inc. include Morgan Stanley, American Century Companies Inc, Lennar Corp, according to Nexqual as of October 23, 2026 at 10:38 UTC.

Active Investors

InvestorStake
Morgan Stanley11.94%
American Century Companies Inc1.47%
Lennar Corp1.4%
Charles Schwab Investment Management, Inc.1.07%
Fidelity1.07%

Index Funds (Passive)

FundStake
Vanguard Group11.49%
BlackRock7.56%
Geode Capital2.59%
State Street2.26%
Dimensional Fund Advisors1.3%

Source: Nexqual, October 23, 2026 at 10:38 UTC.

From Opendoor Technologies Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
CWKCushman & Wakefield Ltd.USD 12.1▲ 4.49%
NMRKNewmark Group, Inc.USD 11.82▲ 2.96%
IHSIHS Holding LimitedUSD 8.45▲ 0.24%
CIGIColliers International Group InUSD 96.46▲ 4%
FSVFirstService CorporationUSD 147.22▲ 7.78%
COMPCompass, Inc.USD 9.97▲ 2.57%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt