NasdaqGS:OPENReal Estate
Opendoor Technologies (OPEN) Is Down 16.1% After Wider Q1 Losses And “2.0” Pivot - Has The Bull Case Changed?
In the past quarter, Opendoor Technologies Inc. reported Q1 2026 sales of US$720 million versus US$1,153 million a year earlier, with net loss widening to US$173 million and basic and diluted loss per share from continuing operations at US$0.18 compared with US$0.12 previously.
While sales declined and losses increased, management highlighted its “Opendoor 2.0” push toward resale velocity, inventory health, cost discipline, and AI-driven underwriting, alongside new offerings such as Opendoor...