Opendoor Technologies Inc. (OPEN) Ranks 74th in Trading Volume with $120.8 Million in Activity

On July 24, 2025, Opendoor Technologies Inc. (OPEN) saw a trading volume of $120.8 million, ranking 74th in the day's stock market activity. The stock price increased by 5.68%.

Opendoor Technologies Inc. (OPEN) has been the subject of varied analyst opinions. Among the 10 analysts covering the stock, one recommends a "Strong Buy," seven suggest a "Hold," one advises a "Moderate Sell," and one recommends a "Strong Sell." The consensus rating is "Hold."

Opendoor Technologies Inc. (OPEN) has experienced significant volatility in recent weeks, with its stock price surging and then retreating. The company's options market has seen a notable increase in activity, with call options significantly outpacing puts, indicating a growing demand for protective options strategies on the downside.

Opendoor Technologies Inc. (OPEN) reported $1.2 billion in revenue for the first quarter of 2025, maintaining levels similar to the previous year. The company achieved a 4% increase in home acquisitions compared to the same quarter last year, purchasing 3,609 homes. However, the macroeconomic environment remains challenging, with high mortgage rates and increased delistings impacting the housing market. The company expects a slowdown in acquisitions, projecting only 1,700 home acquisitions in the second quarter.

Opendoor Technologies Inc. (OPEN) is piloting an expanded agent partnership program in 11 markets, which has shown early positive indicators. The company has successfully renewed credit facilities with consistent or improved credit spreads, reflecting confidence from capital partners. However, the contribution profit decreased to $54 million from $57 million in the previous year, with a contribution margin of 4.7%.