TickerTalks
Browse all tickers →
TickerTalks›$OPEN
OPOPEN

Opendoor Technologies Inc.

$OPEN·$3.4B·Real Estate - Services·Real Estate
$3.29-2.7%YTD-30.4%1Y-23.0%
Mentions · last 7 days
2026-08-20: 319 posts2026-08-21: 218 posts2026-08-22: 145 posts3,305+4%
Price updated 2d ago·X counts updated 8d ago
OPOPEN
$OPENOpendoor Technologies Inc.
$3.29-2.66%3.3k posts+4%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $OPEN, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Comeback attemptWinding up for a moveAI verdict · as of 2026-08-29

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

iBuyer where homes-sold just flipped positive for the first time in over a year — an early tell, with an insider buy and buyback backing it.

Opendoor is the largest iBuyer — a real-estate company that buys homes cash from sellers, holds them briefly, and resells. It's spent two years shrinking as rates crushed home turnover, and it's now showing the first genuine signs of inflection.

  • The key operating metric just flipped positive: trailing 28-day homes-sold turned +0.7% YoY — the first positive read in over a year, up from -44% just eight weeks ago — which is the earliest tell that the housing-volume freeze is thawing at Opendoor's price points.
  • Insider action lines up with the operating turn: officer/director Kaz Nejatian bought ~$100K in the open market at $3.62 in mid-August — a small dollar amount but the first named-officer purchase in a long stretch, and it lands right as management targets adjusted-net-income breakeven by end of 2026.
  • The capital structure is complicated but not dire: a fresh $650M of 0% converts due 2030 extends the runway without cash interest, a 5% share buyback was just announced, and free cash flow yield is oddly high (~32%) — inventory-driven, but the cash generated actually has room to fund the pivot.

The setup depends on whether the homes-sold inflection is a real turn or a low-base one-off — every prior "housing bottom" read has faded. The November 5 print with backlog conversion is the next referee, and technically a clean move back above $4 on volume confirms the coil is loading up; a break of $3 says the market doesn't believe the turn.

Agrees with X sentimentThe bullish crowd read on the homes-sold inflection, mortgage rollout in 21 states + DC, and Nejatian's ANI-breakeven target has real evidence behind it — the +0.7% YoY flip is genuine, and Nejatian's own $100K open-market buy backs it; the dilution objection is fair but 0% converts don't cost cash to service.

What to watch: The November 5 earnings print for confirmation homes-sold is actually accelerating rather than base-effect noise, and for the ANI-breakeven trajectory management is guiding to. A clean break back above $4 on volume confirms the coil; a break of $3 kills the setup.

On the calendar: 2026-11-05 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment175 posts analyzed · as of 2026-08-29

Opendoor's feed is defensively bullish — a smaller, tighter community rallying after a rough tape. Posters emphasize CEO Nejatian's execution: the AI-native legal team, a first-time-ever week of ~500 listings pointing at a possible $2B Q4 revenue print, national mortgage program rollout, and stale-inventory metrics running a third of the market average. Mike Alfred's Alpine Fox holding OPEN as a top-three position is repeatedly cited as smart-money validation. A few longs openly say they will trim by year-end if the stock does not respond, but the overall tone is 'first inning' patience with technical calls that the bottom is either in or one flush away.

Read the AI verdict + X sentiment for $OPEN

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Operates an iBuying platform making instant cash offers to homeowners and reselling residential properties on the open market.

Industry overviewAI analysisGenerated by AI from underlying data

Where Real Estate - Services sits in its cycle right now — and what that implies for $OPEN.

Real Estate - Services · Real Estate

No material change from last week — Opendoor's Q1 double beat with acquisition contracts at the highest level since 2022 confirmed housing market thawing.

What this means for $OPEN

Neutral — Operates an iBuying platform making instant cash offers to homeowners and reselling residential properties on the open market; limited read-through from real estate - services macro dynamics to this specific revenue mix.

Top industry ETF

$XLREReal Estate Select Sector SPDR
+12.0%YTD
+5.7%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-3.1How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-19.2%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-9.9%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
31.6%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
0.9Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-163%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
7.9%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 4, 2026$-0.17$-0.07-139.2%
Q1 2026May 7, 2026$-0.18$-0.05-260.0%
Q4 2025Feb 19, 2026$-0.07$-0.08+12.5%
Q3 2025Nov 6, 2025$-0.08$-0.08-4.7%
Next earningsThu, Nov 5·consensus EPS $-0.03

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$720.0M-37.6%10.0%-22.1%$-0.18$-250.0M
Q4 FY25$736.0M-32.1%6.3%-20.5%$-1.42$67.0M
Q3 FY25$915.0M-33.6%7.2%-7.4%$-0.12$432.0M
Q2 FY25$1.6B+3.7%8.2%-0.8%$-0.04$821.0M

Forward consensus

3-year forecast · up to 7 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$3.9B$3.6B – $4.2B-$0.34-$0.36 – -$0.317
FY27$6.9B$6.3B – $7.9B-$0.24-$1.20 – $0.767
FY28$8.8B$6.9B – $10.8B-$0.26-$0.57 – $0.037

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.5×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.1%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-19.3%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-36.9%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 806.0M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today2.9% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β3.595-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

BuyAug 14Kasra NejatianCEO27.6K sh$100KSellJul 15Giang NguyenCOO3.6K sh$17KSellJun 16David C BensonDirector40.0K sh$193KSellMay 15Christina SchwartzCFO74.3K sh$322KBuyMay 11Kasra NejatianCEO100.0K sh$488KSellApr 15Giang NguyenCOO10.9K sh$50K
+ 6 other (6 awards) in window

See when $OPEN insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KMaterial agreementAug 198-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation · Item 3.02: Unregistered equity sale · Item 8.01: Other event
8-KMaterial agreementAug 138-K — Item 1.01: Material agreement · Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Opendoor Technologies (OPEN) entered into subscription agreements on August 12, 2026 to issue $650 million aggregate principal amount of 0.00% Convertible Senior Notes due August 15, 2030 in a private placement. The zero-coupon notes — senior unsecured obligations — will be issued via indenture around August 19, 2026, with U.S. Bank Trust as trustee. The company also has multiple warrant series outstanding (Series K at $9.00, Series A at $13.00, Series Z at $17.00 strike prices), suggesting an earlier restructuring. A $650M debt raise at zero interest is a notable capital move for a distressed iBuyer — the conversion terms in the full filing will determine the real dilution cost.

8-KPress release / Reg FDAug 48-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Opendoor Technologies Inc. (OPEN) reported Q2 2026 financial results on 2026-08-04, reporting results detailed in attached press release. Additional items: Item 7.01. Quarterly earnings are a material disclosure; investors should review the full press release for segment details and management commentary.

8-KShareholder voteJun 128-K — Item 5.07: Shareholder vote
AI summary

Opendoor Technologies Inc. held its 2026 Annual Meeting on June 11, 2026, with 631,414,882 shares (~65.45% of outstanding) represented. Shareholders elected Class III directors David Benson, Eric Feder, and Eric Wu; and voted on other standard proposals per the April 28, 2026 proxy. Routine governance filing — the company also has redeemable warrants at $9.00, $13.00, and $17.00 exercise prices outstanding; no material corporate actions announced.

8-KPress release / Reg FDMay 78-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

OPEN reported first quarter ended March 31, 2026. A copy of the pre financial results (8-K Item 2.02). Investors should review the full earnings press release and any management guidance for forward outlook.

+ 10 other (5 13Gs · 3 proxys · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Can OPEN Reach Adjusted Net Income Breakeven at $9B Revenue Run Rate?zacks.com·3d agoOpendoor vs. Zillow: Which Real Estate Stock is the Better Buy?zacks.com·6d agoOpendoor Is Repurchasing 5% of Its Outstanding Shares. Here's What That Means for the Company.fool.com·10d agoOpendoor Is Down 86% From Its High. Is the Housing Recovery Story Still Intact?fool.com·11d agoOpendoor Is Down 42% in 2026: How Does It Compare to Housing Competitors Like Offerpad and Compass?247wallst.com·12d ago

More in Real Estate - Services

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$COMP$BEKE$CSGP$BEEP
Voices on X · top 15 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport