Opendoor Technologies Inc. (NASDAQ: OPEN)
Key Finding: Opendoor Technologies (OPEN), a leading iBuyer in residential real estate, has seen its stock surge over 10% in a single recent session amid positive Q1 2026 results and housing market momentum, trading around $5.30 with a market cap exceeding $5 billion as of July 2026 data.
Current Stock Price
Latest Close (July 9, 2026): $5.30 (+$0.51 or +10.65%)
Previous Close: $4.79 | Day's Range: $4.72 - $5.38 | Volume: 112,036,033
Overnight (post-close): $5.27 (-0.57%)
Source: Yahoo Finance real-time data.View live quote
Data Limitation: Stock prices are highly volatile and change in real-time; the figures above reflect the most recent available closing data as of July 10, 2026. Always verify with a live broker or exchange for trading decisions. Assumptions include standard market hours (Nasdaq) and no after-hours anomalies beyond noted.
Stock Performance
Recent Performance Overview (as of ~July 9, 2026)
| Metric | OPEN | S&P 500 |
|---|
| YTD Return | 9.09% | 10.20% |
| 1-Year Return | 619.13% | 20.44% |
| 3-Year Return | 38.02% | 71.49% |
| 5-Year Return | 66.92% | 72.64% |
Interpretation: OPEN has dramatically outperformed the broader market over the past year, likely driven by operational improvements in its iBuyer model, though longer-term returns lag the S&P 500, reflecting sector volatility.
52-Week Range
$0.73 (low) to $10.87 (high)
Recent Daily Closes (Selected from July 2026)
| Date | Close | Change | Volume |
|---|
| Jul 9, 2026 | $5.30 | +10.65% | 112M |
| Jul 8, 2026 | $4.79 | -0.00% (flat from prior) | 102M |
| Jul 7, 2026 | $4.79 | -5.89% | 87M |
| Jul 6, 2026 | $5.09 | +3.88% | 87M |
Full historical data on Yahoo Finance
Key Financial Metrics (TTM)
- Market Cap: ~$5.113 billion
- EPS (TTM): -$1.76
- Revenue (TTM): $3.94 billion
- Beta (5Y): 3.56 (high volatility)
- Profit Margin: -35.25%
Uncertainty: Profitability remains negative; future performance depends on housing market conditions, interest rates, and execution of cost-cutting/AI initiatives.
Company Overview
Business: Opendoor operates a digital platform for residential real estate transactions in the US. It buys homes directly from sellers via instant cash offers (iBuyer model), performs repairs, and resells them. Additional services include brokerage, title/escrow, insurance, and construction.
Headquarters: Tempe, Arizona (with San Francisco origins). Employees: ~1,042. Industry: Real Estate Services.
Official Website | Investor Relations
Company History
- Founded: March 2014 by Keith Rabois, Eric Wu, and JD Ross.
- Early Funding: Raised significant VC (e.g., $400M from SoftBank Vision Fund in 2018).
- Public Listing: Via SPAC merger with Social Capital Hedosophia Holdings Corp. II in 2020 (name change to Opendoor Technologies Inc.).
- Expansion: Operated in dozens of US markets; faced challenges during 2022 housing slowdown but showed recovery signs by 2025-2026.
- Recent: May 2026 inclusion in Russell 3000 Index; Q1 2026 revenue of $720M (beat estimates); targeting Q2 2026 Adjusted EBITDA breakeven.
Incorporated in 2013; pivoted/expanded through tech-enabled home transactions.
Recent News (as of July 2026)
- Stock surged ~11% on strong housing data and improved unit economics (multiple outlets, ~July 9-10, 2026).
- Q1 2026 earnings: $720M revenue; focus on margin gains and resale velocity.
- Analyst notes on potential breakeven and path to profitability.
- Broader context: Housing market rebound hopes vs. seasonal softness risks.
Latest news on Yahoo Finance | Company Press Releases
Additional Resources
Overall Data Limitations & Assumptions: All financial data sourced from public web searches and Yahoo Finance (crawled ~July 10, 2026). Prices and performance are historical snapshots and not investment advice. Interpretations of "surge drivers" are based on contemporaneous reporting but subject to market sentiment. No forward-looking guarantees; consult professionals. Assumptions: Standard US equity market conventions apply.