From 24/7 Wall St. · David Moadel · · 1m
Opendoor Stock Down 64% This Year
Opendoor stock down 64% this year: falling knife or comeback?
In brief
Opendoor stock down 64% this year: falling knife or comeback? Opendoor Technologies stock has fallen 64% year to date as housing market struggles continue. Originally reported by 24/7 Wall St..
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.
The headline
Opendoor Technologies stock has fallen 64% year to date as housing market struggles continue.
