Opendoor

OPEN

Market cap $4.86B

OPEN pilots AI-native mortgage in Colorado, touting roughly 100 bps below-market rates to lift buyer conversion as it seeks licenses in more than 20 states.

Opendoor Technologies Inc (NASDAQ:OPEN) shares are extending their move higher on Thursday as traders continue to buy into the momentum sparked by the company's upcoming addition to the Russell 3000 Index.

Opendoor Technologies Inc. is in the early stages of a challenging turnaround, with fundamentals and stock price both trending sideways. Revenue continues to decline, but OPEN management is positive about the future and ramping up property acquisitions, signaling a potential inflection point. OPEN trades at just 1.1x TTM revenue and 4.2x TTM unlevered pretax FCF, making it attractive if growth resumes.

SAN FRANCISCO, May 27, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN) announced today that it has been selected for inclusion in the Russell 3000® Index as part of the 2026 annual reconstitution. This inclusion will become effective after the U.S. market closes on June 26, 2026.

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Shares of Opendoor Technologies Inc. OPEN have plunged 22.3% in the year-to-date period, trailing the Zacks Internet – Software industry, the broader Zacks Computer and Technology sector and even the S&P 500. On Monday, the stock closed at $4.53, below its 52-week high of $10.87 but well above the 52-week low of 51 cents.

OPEN's post-COVID resale velocity is picking up as Opendoor 2.0 sharpens inventory quality, but housing weakness still looms over durability.

Open ecosystem initiative enables connected workflows, richer context and coordinated remediation across security environments Open ecosystem initiative enables connected workflows, richer context and coordinated remediation across security environments

Opendoor Technologies Inc. (OPEN) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript