Opendoor Technologies stock gained 1.67 percent as Q2 loss widened

Published on 10/04/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 2, Opendoor Technologies stock stood at USD 2.44 as Q2 revenue fell to USD 883 million. The USD 162 million loss keeps profitability central.

OPEN, US6837121036, Illustration mit AI erstellt.

Opendoor Technologies (ISIN US6837121036) stock was last at USD 2.44 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 1.67 percent. The latest operating picture is weaker: Q2 2026 revenue fell to USD 883 million, while the net loss reached USD 162 million.

Q2 revenue fell 43.7 percent

Trefis reports that Opendoor's Q2 2026 revenue declined 43.7 percent from USD 1.567 billion in Q2 2025 to USD 883 million. The quarter ended June 30, 2026, also produced a loss per share of USD 0.17 versus USD 0.08 expected, according to the same Q2 comparison published by Trefis.

Opendoor Technologies lists its second-quarter 2026 earnings event on August 4, 2026. The figures make the central investor issue clear: transaction scale remains substantial, but negative earnings and operating cash flow put execution ahead of simple revenue growth.

Analysts cut targets after weaker trends

As Timothy Sykes reported on September 22, 2026, JPMorgan cut its target from USD 8 to USD 7 while keeping an Overweight rating. Alliance Global lowered its target from USD 7 to USD 5 and maintained a Buy rating, leaving the recent analyst action focused on weaker near-term trends.

The broader view is less optimistic than those individual ratings. Barron's listed a Hold consensus from 9 analysts on September 11, 2026, with an average target of USD 4.56, a high of USD 7.00 and a low of USD 1.00. The average price target lies 86.9 percent above the October 2 price of USD 2.44.

Stock remains far below yearly high

Opendoor Technologies stock was 74.8 percent below its USD 9.69 52-week high on October 2, 2026, while its 52-week low stood at USD 2.25. Trading volume reached 29,616,966 shares and market capitalization was USD 2.4 billion on the same Nasdaq session.

For investors, the next test is whether improving transaction execution can reverse the gap between revenue scale and profitability. Barron's lists November 5, 2026, for the Q3 2026 earnings release, giving the next report a clear checkpoint for revenue, loss per share and operating cash flow.

Q3 results set the next checkpoint

Opendoor Technologies stock was last at USD 2.44 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The 1.67 percent daily gain came against a business still carrying a USD 162 million quarterly loss, so the November report will put the company's operating progress back against its earnings record.