Opendoor Technologies (OPEN)
Buys and resells homes directly while supporting digital home transactions.
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Operates a digital residential-real-estate platform in the United States that buys homes directly and resells them. Revenue comes from that inventory-owning model and from transaction services for buyers and sellers.
Sell to Opendoor buys homes directly from sellers, prepares them for resale, and resells them. Rather than operating solely as a brokerage, it owns inventory before resale. List with Opendoor, Opendoor Marketplace, transaction services, and software solutions for partners extend support to buyers, sellers, and homebuilders.
The U.S. model depends on accurate pricing, efficient acquisition and resale, and financing for home purchases and renovations. Home-price movements, time held in inventory, and local housing-market conditions shape operations. The company is also subject to the FTC’s final order over past seller-facing marketing claims.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | Industrial Alliance Securities | Target | Target: $8 | Target: $5 |
| Aug 5, 2026 | Deutsche Bank | Target | Target: — | Target: $4.25 |
| May 8, 2026 | Morgan Stanley | Target | Target: $6 | Target: $5.50 |
| Apr 28, 2026 | Industrial Alliance Securities | Target | Target: — | Target: $8 |
| Feb 9, 2026 | UBS | Target | Target: — | Target: $5 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $896.0M · Total debt $194.0M · Total assets $2.96B · Shareholders' equity $914.0M
- Revenue
- $883.0M
- Operating income
- −$144.0M
- Net income
- −$162.0M
No dividends on record.
| Institutions | 58.47% | 567.82M shares | |
|---|---|---|---|
| 429 holders · as of Jun 30, 2026 | |||
| Insiders | 11.01% | 106.90M shares | |
| 14 holders · as of Aug 14, 2026 | |||
| Other | 30.52% | 296.38M shares | |
| remainder | |||
971.09M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Morgan StanleyInstitution | 11.86% | 115.21M | as of Jun 30, 2026 |
Kasra NejatianInsiderdirector, officer: Chief Executive Officer | 8.61% | 83.61M | filed Aug 14, 2026 |
Vanguard Portfolio Management LLCInstitution | 7.85% | 76.21M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.51% | 72.92M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.56% | 34.62M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Kasra Nejatian | director, officer: Chief Executive Officer | +27,625 | $3.62 |
| Jul 15, 2026 | Giang Nguyen | officer: Chief Operating Officer | −3,591 | $4.68 |
| Jun 16, 2026 | David C. Benson | director | −40,000 | $4.83 |
| May 15, 2026 | Christina Schwartz | officer: Chief Financial Officer | −74,348 | $4.33 |
| May 11, 2026 | Kasra Nejatian | director, officer: Chief Executive Officer | +100,000 | $4.88 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Opendoor Technologies | $2.76 | +2.98% | $2.59B | — | — | 0.8 | −43.7% |
| Offerpad | $3.50 | +2.64% | $16.5M | — | — | 0.0 | −51.6% |
| Zillow Group Class A | $31.41 | +0.89% | $7.48B | 140.9 | 12.4 | 2.7 | +17.9% |
| Rocket Companies | $12.80 | +3.56% | $34.90B | 84.7 | 17.9 | 3.6 | +113.7% |
| Compass | $9.80 | −3.26% | $6.16B | 94.3 | 134.6 | 0.6 | +109.1% |
| Median | 94.3 | 17.9 | 1.6 | +63.5% |