Opendoor Technologies Inc Stock Price, News & Analysis

Opendoor (NASDAQ: OPEN) reported Q3 2025 results and outlined a profitability roadmap under new CEO Kaz Nejatian.

Key Q3 figures: Revenue $915M, Gross profit $66M, Net loss $90M. Operational metrics show 2,568 homes sold, 1,169 homes purchased, and inventory $1,053M at quarter end. Management launched over a dozen AI products and set three objectives: scale acquisitions, improve unit economics/resale velocity, and build operating leverage.

Guidance: target Adjusted Net Income breakeven by end of 2026; Q4 2025 acquisitions expected to rise at least 35% vs Q3; Q4 revenue expected ~35% lower QoQ due to low inventory; Q4 Adjusted EBITDA loss expected in the high-$40M to mid-$50M range.

Opendoor (NASDAQ: OPEN) will reformat its Q3 2025 earnings into a live "Financial Open House" streamed on Robinhood, X, YouTube, and the company's investor site on November 6, 2025 at 2:00 PM PT / 5:00 PM ET. The event features a pre-recorded presentation of Q3 2025 financial results followed by a live interactive Q&A with CEO Kaz Nejatian and Interim CFO Christy Schwartz.

Shareholders can submit and upvote questions now through November 5, 2025 at 2:00 PM PT via the investor site; top-voted items will be answered live. A replay and earnings materials will be posted after the event.

Opendoor (Nasdaq: OPEN) will report third quarter 2025 financial results for the period ended September 30, 2025 on Thursday, November 6, 2025 after market close.

Management will host a conference call and live webcast the same day at 2:00 p.m. PT / 5:00 p.m. ET to discuss business and financial results. The webcast will be available on Opendoor's investor relations Events and Presentations page, and an archived replay will remain on the site for one year following the call.

Opendoor Technologies (Nasdaq: OPEN) has announced significant inducement equity grants for its newly appointed CEO, Kaz Nejatian, who commenced his role on September 15, 2025. The compensation package includes three major components: a Make-Whole RSU award of 1,580,611 shares and two PSU awards of 40,886,344 shares each.

The Make-Whole RSU award will fully vest on June 15, 2026, while the PSU awards feature performance-based vesting conditions tied to stock price targets ranging from $6.24 to $33 over a five-year period. The first PSU includes 20% vesting on the first anniversary with quarterly installments thereafter, while the second PSU is divided into seven tranches with specific stock price hurdles and time-based vesting conditions.

Opendoor Technologies (Nasdaq: OPEN) has appointed Kaz Nejatian, former COO of Shopify, as its new CEO and Board member. In a significant leadership restructuring, co-founders Keith Rabois and Eric Wu are returning to the Board, with Rabois assuming the Chairman position.

The company is receiving a $40 million PIPE investment from Khosla Ventures and Eric Wu to fuel business growth. Nejatian, known for his AI expertise and operational efficiency at Shopify, will lead Opendoor's transformation into an AI-powered real estate platform. Board members Pueo Keffer and Glenn Solomon have stepped down, while Eric Feder continues as Lead Independent Director.

Title Resources Group (TRG) has appointed Stacy Short as Agency Account Manager for Virginia, Maryland, and the District of Columbia. Short, a 30-year real estate industry veteran, will focus on business development and managing relationships with title insurance agents in the Mid-Atlantic region.

Short's extensive background includes roles in mortgage lending, title insurance underwriting, legal services, and real estate. Her previous experience includes working as a business development officer, paralegal, title curative specialist at Require LLC, co-owner of a title agency, and mortgage loan officer. She is currently a licensed title insurance underwriter and notary public in Virginia.

Opendoor Technologies (Nasdaq: OPEN) announced significant leadership changes as CEO Carrie Wheeler steps down effective immediately. Shrisha Radhakrishna, the company's Chief Technology & Product Officer, has been appointed as President and interim leader while a CEO search is underway.

The Board has elected Eric Feder as Lead Independent Director, and the company has retained Spencer Stuart to assist with the CEO succession process that began in mid-2025. The transition comes as Opendoor focuses on scaling Key Connections, rolling out Cash Plus across markets, and improving its core cash-offer business.

Radhakrishna, who joined as CTPO in 2024, brings over 20 years of experience in tech innovation and has already led initiatives reducing infrastructure costs and launching new experiences like Cash Plus. During the CEO search, Radhakrishna and CFO Selim Freiha will report directly to the Board.

Title Resources Group (NYSE:OPEN) has appointed Janell Downing as Agency Account Manager for Ohio, New Jersey and Pennsylvania. Downing brings over 40 years of title insurance experience to the role, including 25 years with large underwriters and 6 years as an escrow officer and branch manager.

Downing will focus on business development, managing relationships with title insurance agents, and supporting their growth initiatives. She holds the Ohio Land Title Professional designation and previously served on the Ohio Land Title Association Board as Trustee and Secretary from 2019-2023.

Opendoor Technologies (Nasdaq: OPEN) reported Q2 2025 financial results, achieving $1.6 billion in revenue, up 4% year-over-year and 36% quarter-over-quarter. The company sold 4,299 homes and reached its first quarter of Adjusted EBITDA profitability since 2022 at $23 million.

The company posted a net loss of $(29) million, significantly improved from $(92) million in Q2 2024. Gross profit was $128 million with an 8.2% margin. The inventory balance decreased to $1.5 billion, representing 4,538 homes. For Q3 2025, Opendoor projects revenue between $800-875 million and expects Adjusted EBITDA between $(28) million to $(21) million.