NASDAQ: OPEN

Opendoor Technologies (OPEN) Stock Analysis & Forecast

Oct 12 close

$2.09−0.13 (−5.9%)

Gekko Brief

AI summaryOct 12 close

Opendoor shares slipped this week amid bearish sentiment on the housing-market outlook, with traders focused on cash burn and a tight trading range after fading from late-September highs. Coverage noted the stock has lost roughly half its 2026 value as rising interest rates and a stagnant real estate market weigh on the economics of flipping homes, though other pieces highlighted a developing capital-light model, including a "cash now, more later" offering and a planned third-party marketplace, as a potential way to expand reach without expanding the balance sheet.

The stock closed at $2.09, down 5.9% on the day and sitting below both its 50-day average of $3.00 and 200-day average of $4.51, with the 50-day itself below the 200-day. One-month return stands at -25.1% and the one-year return is -74.3%. The GekkoIndex reads 71.5, placing OPEN in the Buying zone. Price sits 40.3% below the Gekko Fair Value of $3.50.

Opendoor next reports earnings on 5 November 2026, after the close, 24 days away and inside a typical 20-trading-day hold; the last print showed EPS of -$0.05 against a -$0.05 estimate, with a -4.6% reaction, and the company has beaten estimates in 5 of its last 8 quarters. Smart money shows one open-market insider purchase of $100,003 over the last 90 days. Seasonality over the next 20 trading days has averaged -15.8% across 5 years, with 0 of those periods positive, a pattern worth noting alongside the upcoming earnings date.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Opendoor Technologies price vs fair value

$3.50$2.09Oct ’25Apr ’26Oct ’26
Close $2.09200-day averageGekko Fair Value $3.50

Opendoor Technologies quick facts

Market cap
$2.02B
P/E ratio
—
Forward P/E
64.1
EPS, TTM
−$1.89
Revenue, TTM
$3.25B
Profit margin
-46.7%
Dividend yield
—
Beta
3.75
Volume
32.08M avg 31.63M
1-year return
−74.3%
Typical daily move
±6.4%
Typical 20-day move
±18.3%
50-day average
$3.00
200-day average
$4.51
Next earnings
Nov 5 after close
Shares outstanding
971.1M
52-week range
$2.07$9.46

Opendoor Technologies swing-trade checklist

Opendoor Technologies scores 3 supportive, 0 mixed and 3 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive0 mixed3 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $2.09 is below the 50-day ($3.00) and 200-day ($4.51) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    71.5, Buying

    Reading 71.5 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    40.3% below

    Price is 40.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings riskheadwind

    Reports in 24 days

    Reports on Nov 5, 2026, 24 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −15.8% on average

    From this point in the calendar, the next 20 trading days averaged −15.8% over 5 years, rising in 0 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Opendoor Technologies stock chart and price history

Opendoor Technologies closed at $2.09 on Oct 12, 2026, −74.3% over the past year, inside a 52-week range of $2.07 to $9.46.

Close50-day average200-day averageVolume
Opendoor Technologies share price, past year, with 50-day and 200-day moving averages and volume$4$6$8NovDecJan 2026FebMarAprMayJunJulAugSepOct2.09

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−25.1%
3 months
−54.1%
6 months
−52.1%
1 year
−74.3%
The full OPEN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open OPEN in Gekko

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About Opendoor Technologies

Opendoor Technologies operates an online platform that lets people buy and sell homes without going through the traditional in-person process. The company is best known for giving individual home sellers a way to complete residential real estate transactions digitally rather than through the conventional open-market route.

Beyond the core buying and selling platform, Opendoor rounds out the transaction with related services such as title insurance and escrow, serving customers across the United States who are looking to move through a home sale or purchase entirely online.

Opendoor Technologies is based in Tempe, Arizona, and was founded in 2013. Its shares are listed on the NASDAQ under the ticker OPEN.

Listed
NASDAQ
Sector
Finance
Industry
Real estate development
Website
opendoor.com

Opendoor Technologies GekkoIndex: the smart money zone

Opendoor Technologies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 71.5, in the Buying zone, up 1.5 points over five sessions.

010071.5Buying

Up 1.5 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)49+0.8%+1.5%−0.6%−5.9%
Accumulation348+0.1%+0.8%+5.8%+51.9%
Neutral260+1.0%+5.0%+8.8%+25.3%
Distribution18Not available
Selling7Too few readings yet

Average OPEN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the OPEN price, zone by zone.Track OPEN in Gekko

Is Opendoor Technologies stock overvalued? Gekko Fair Value

Opendoor Technologies trades 40.3% below Gekko Fair Value of $3.50, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Opendoor Technologies shares are worth, recalculated every trading day.

$3.50

Gekko Fair Value, Oct 10, 2026

40.3% Undervalued

At the end of Aug 2026 the price was 28.4% below the estimate.

Gekko Fair ValueShare price, month end
$4$2Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open OPEN in Gekko

Opendoor Technologies insider and Congress trading

Insiders filed 1 open-market purchase in Opendoor Technologies worth $100K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$100Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Aug 14Kasra Nejatian
Chief Executive Officer
Purchase27,625$100K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in OPEN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for OPEN, plotted on the chart in Gekko.Open OPEN in Gekko

Buybacks

Opendoor Technologies has been buying back its own shares.

Bought back, year ended Dec 31, 2019
$3.00M
As a share of market cap
0.15%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds OPEN.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Opendoor Technologies earnings: next date and track record

Opendoor Technologies reports on Nov 5, 2026, after the close (24 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±11%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+3.9%Nov ’24−13.0%Feb ’25+18.0%May ’25−22.8%Aug ’25−9.3%Nov ’25+8.0%Feb ’26−8.2%May ’26−4.6%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
Opendoor's Q2 2026 earnings open house emphasized operational scale, improving unit economics, and the road to profitability. Management highlighted strong acquisition and contract volume (4,378 homes purchased in Q2; over 500 contracts/week, a peak ~700 last week), revenue of $883M (Q/Q +23%), contribution profit of $51M (Q/Q +59%) and contribution margin of 5.8% (within their 5–7% guide). Aged inventory declined to 9% of homes listed >120 days. Management framed three core objectives: scale acquisitions, improve unit economics/resale velocity, and build operating leverage (noting AI and engineering investments). They reiterated a target to be Adjusted Net Income (ANI) profitable on a 12-month go-forward basis by year-end, discussed staged product expansion from balance-sheet purchases (1P) to marketplace (3P), and reported strong early traction in their mortgage product where live. They graded adjacent products (mortgage B-, title/escrow B+, insurance incomplete) and described AI-driven efficiency gains and hiring investments. Closing remarks emphasized execution discipline and delivering on prior commitments.
Guidance
Management reiterated a clear target: to become ANI profitable on a 12-month go-forward basis by the end of this year. They expect mortgage licensing in ~35–40 states by year-end. No numeric guidance for 2027 was provided; management declined to provide product-level revenue or contribution guidance for unlaunched (3P) offerings.
Risks flagged
Mortgage/licensing delays and state-by-state regulatory hurdles; macro/weak housing market conditions acknowledged implicitly; remaining product risks (insurance not yet addressed, 3P execution risks); legal/regulatory and general forward-looking risks referenced in the cautionary statement and 10-K risk factors.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026−$0.05
est −$0.05
0.0%$883.0M
est $906.0M
−2.5%−4.6%
May 7, 2026−$0.05
est −$0.09
+43.5%$720.0M
est $666.0M
+8.1%−8.2%
Feb 19, 2026−$0.07
est −$0.08
+12.5%$736.0M
est $594.0M
+23.9%+8.0%
Nov 6, 2025−$0.08
est −$0.08
−4.7%$915.0M
est $849.6M
+7.7%−9.3%
Aug 5, 2025−$0.01
est −$0.01
0.0%$1.57B
est $861.2M
+82.0%−22.8%
May 6, 2025−$0.09
est −$0.16
+45.6%$1.15B
est $1.06B
+8.8%+18.0%
Feb 27, 2025−$0.11
est −$0.14
+21.4%$1.08B
est $982.3M
+10.4%−13.0%
Nov 7, 2024−$0.10
est −$0.13
+23.1%$1.38B
est $1.06B
+29.4%+3.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Opendoor Technologies stock forecast and analyst price targets

Analysts’ average 12-month price target for Opendoor Technologies is $4.27, +104.4% from the last close, from 5 firms rating the stock in the last 90 days.

$4.27consensus 12-month target, +104.4% from the last close
Low $2.65High $5
Buy1
Hold3
Sell1

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Alliance Global PartnersBuy, reiterated$5+139.2%
Aug 7BTIGHold, maintained——
Aug 6Alliance Global PartnersBuy, reiterated$7+234.9%
Aug 6KBWSell, maintained$2.65+26.8%
Aug 5Deutsche Bank Hold, reiterated$4.25+103.3%
−0.6%average 20-day move after past Buying readings
−15.8%average move over the next 20 trading days in the last 5 years
±6.4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Opendoor Technologies seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Opendoor Technologies averaged −15.8% across the last 5 years, rising in 0 of them.

Next 20 trading days, by year

0.0%2021−41.0%2022−22.5%2023+6.3%2024−13.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.3%2 of 5
Next 10 trading days−5.5%2 of 5
Next 15 trading days−4.9%3 of 5
Next 20 trading days−15.8%0 of 5
Next 30 trading days−18.5%0 of 5

For scale, OPEN’s typical 20-trading-day move in either direction is about 18.3%.

Opendoor Technologies market cap and key statistics

Opendoor Technologies’s market cap is $2.02B and revenue of $3.25B over the last twelve months.

Valuation

Market cap
$2.02B
Forward P/E
64.1
EPS, TTM
−$1.89
Gekko Fair Value
$3.50

Trading

Volume
32.08M
Avg volume, 20 days
31.63M
52-week high
$9.46
52-week low
$2.07
Shares outstanding
971.1M

Financials

Revenue, TTM
$3.25B
Profit margin
-46.7%
Return on equity
-196.9%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
3.75
Typical daily move
±6.4%
Typical 20-day move
±18.3%

Opendoor Technologies stock news this week

Coverage of Opendoor Technologies this week reads negative: 3 positive, 5 neutral and 9 negative headlines.

News sentiment negative

Opendoor Technologies peers

Opendoor Technologies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
CBRECBRE−0.2%Accumulation0.4% below
JLLJones Lang LaSalle−0.6%Accumulation22.8% below
FSVFirstService−0.3%Accumulation5.2% below
HHHHoward Hughes−0.5%Neutral13.5% above
MTHMeritage Homes−0.6%Buying33.3% below
JOESt. Joe+1.7%Neutral20.9% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Opendoor Technologies stock FAQ

What is Opendoor Technologies’s market cap?

Opendoor Technologies’s market cap is $2.02B at the Oct 12, 2026 close of $2.09, with 971.1M shares outstanding.

What is the Opendoor Technologies stock forecast?

The consensus analyst 12-month price target for Opendoor Technologies is $4.27, +104.4% from the last close. Of the 5 firms that rated the stock in the last 90 days, 1 rate it a buy, 3 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Opendoor Technologies stock overvalued or undervalued?

On Gekko’s estimate Opendoor Technologies is undervalued: the Oct 12, 2026 close of $2.09 is 40.3% below Gekko Fair Value of $3.50. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Opendoor Technologies report earnings next?

Opendoor Technologies is expected to report on Nov 5, 2026, after the market closes (24 days away). Analysts expect earnings of −$0.16 per share on revenue of $1.08B. Opendoor Technologies beat the earnings estimate in 5 of its last 8 reports, moving 11% on average across the report.

What is Opendoor Technologies’s 52-week high and low?

Opendoor Technologies’s 52-week high is $9.46 and its 52-week low is $2.07; it closed at $2.09 on Oct 12, 2026, −74.3% over the past year. Over the last five years the shares peaked at $25.33 on Nov 1, 2021.

Is Opendoor Technologies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and smart money) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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