Opendoor (OPEN)

• Market cap: $3.69B
• 1 day: 10.35%
• 5 days: 47.79%
• 1 month: 114.10%
• 3 months: 629.58%
• 6 months: 225.32%
• Year to date: 215.09%
• 1 year: 100.40%
• 5 years: -53.40%
• 10 years: -53.61%
• Sector: Real Estate
• Industry: Real Estate Services

About: Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.

Employees: 1,470

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

1% less call options, than puts

Call options by funds: $1.44M | Put options by funds: $1.46M

3.89% less ownership

Funds ownership: 48.86% [Q1] → 44.97% (-3.89%) [Q2]

13% less funds holding

Funds holding: 267 [Q1] → 233 (-34) [Q2]

35% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 79

36% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 75

51% less capital invested

Capital invested by funds: $361M [Q1] → $176M (-$185M) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $0.70 86% downside
• Avg. target: $1.08 79% downside
• High target: $1.60 68% downside

4 analyst ratings

• positive: 0 0%
• neutral: 1 25%
• negative: 3 75%

Keefe, Bruyette & Woods Ryan Tomasello	80% downside $1	Underperform Downgraded	13 Aug 2025
Zelman & Assoc	80% downside $1	Underperform Downgraded	7 Aug 2025
Citigroup Ygal Arounian	86% downside $0.70	Sell Downgraded	6 Aug 2025
UBS Lloyd Walmsley	68% downside $1.60	Neutral Maintained	6 Aug 2025