# Opendoor Stock Down 64% This Year

> Opendoor stock down 64% this year: falling knife or comeback?
- Title: Opendoor Stock Down 64% This Year · 24/7 Wall St. | Shortify
- Summary: Opendoor stock down 64% this year: falling knife or comeback? Opendoor Technologies stock has fallen 64% year to date as housing market struggles continue.
- Keywords: opendoor, open stock, housing market, mortgage rates, ibuying, nasdaq, Stock, Year, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/20/opendoor-is-now-down-64-this-year-is-open-stock-a-falling-knife-or-poised-for-a-comeback
- Author: David Moadel
- Published: 2026-10-20T18:33:41+00:00
- Read time: 1 min
- Topics: opendoor, open stock, housing market, mortgage rates, ibuying, nasdaq
## Opendoor Stock Down 64% This Year
Opendoor Technologies shares have fallen 64% year to date as housing market struggles continue.
## Balance-Sheet Homes Magnify Rate Pain
Opendoor carries homes on its balance sheet while mortgage rates remain high.
## Q2 2026 Report Shows Decline
Opendoor revenue fell 43.6% year over year to $883 million with a $162 million net loss.
## Competition Holds Up Better
Zillow and Compass have fallen less than Opendoor with lighter balance sheets.
## Investors Value at $2.02 Billion
Opendoor stock is valued at $2.02 billion with $896 million in cash.
## Q3 2026 Report Could Turn Point
Opendoor expects Q3 revenue growth of at least 20% and positive adjusted net income by year-end.
## Key takeaway

Opendoor Technologies stock has fallen 64% year to date as housing market struggles continue.