Key Takeaways Opendoor's Q2 contribution profit hit $69M with a 4.4% margin, down from 6.3% last year.Management guides Q3 margins at 2.8-3.3%, with Q4 pressured by older home resales.Cash Plus and agent-driven listings aim to cut capital intensity and lift profitability.Opendoor Technologies Inc. (OPEN) is placing emphasis on profitability discipline as contribution margins emerge as a central focus of its business model transition. In the second quarter, the company reported a contribution profit of $69 m ...

Key Points Opendoor has captivated investors in recent weeks as its stock has soared, after looking like it was left for dead. Meme stock investors helped spark a rally in the beaten-down stock. A new management team has big ideas for the company. 10 stocks we like better than Opendoor Technologies › In just a few months, Opendoor Technologies (NASDAQ: OPEN) has gone from a broken company on the verge of being delisted from the Nasdaq to one of the hottest stock stories of the year. In July, ret ...

These results help explain the optimism that has driven the stock higher. Opendoor is showing signs of improved unit economics, tighter inventory management, and the ability to operate more efficiently while expanding its reach through partner agents.In the company's Q2 earnings release, then-CEO Carrie Wheeler noted that the team "achieved our first quarter of Adjusted EBITDA profitability since 2022" despite a deteriorating housing backdrop and emphasized expanding an "agent-led distribution platform" to ...

A reduction in interest rates could improve conditions in the housing market and lead to greater sales growth for Opendoor.Opendoor Technologies (OPEN -15.15%) has been one of the top-performing stocks on the market this year, rising by a staggering 500% thus far. Recently, it has taken a break from its high-powered rally and is showing signs that investors are perhaps growing a bit more cautious about its valuation, or simply cashing out some sizable profits.But if interest rates continue trending lower in ...

Even in the AI boom, digital real estate companies like Opendoor (OPEN) and Better Home (BETR) remain hot names. "You want to understand these names," Robinhood Markets chief investment officer Stephanie Guild said on Yahoo Finance's Opening Bid. "They're not going to go away." Although Opendoor stock fell over 10% during Tuesday's trading, the stock is up a whopping 367% year to date and over 268% in the past 12 months. Meanwhile, Better Home's stock jumped 30% Tuesday. Shares have catapulted over 630% ...

We recently published 10 Stocks Lost This Big While Wall Street Celebrates. Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the worst performers on Monday. Shares of Opendoor Technologies dropped for a third consecutive day on Monday, losing 12.43 percent to end at $8.38 apiece as investor funds shifted to higher-yielding assets such as AI stocks and precious metals, after skyrocketing during the session. In intra-day trading, technology stocks, particularly those benefitting from the artificial intel ...

智通财经APP获悉，周二，网红股Opendoor(OPEN.US)跌近7%，4天累跌23%，7月至今股价仍涨13倍， 受到了散户投资者的广泛关注。消息面上，根据彭博社截至周二的调查，美国8月份新独栋房屋销售预 计将略微放缓至65万套的年化水平，此前7月份该数据下降了0.6%，达到65.2万套的年化率。此外，9月 22日，对冲基金经理George Noble在社交媒体发表负面言论，质疑公司商业模式和盈利能力。 ...

Key Points Investors seem to be rotating from Opendoor to Better Home & Finance. Hedge fund manager Eric Jackson posted that Better Home & Finance was his next 100-bagger pick. Investors are hopeful that new Opendoor CEO Kaz Nejatian can turn things around. 10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: OPEN) were trading lower for the second day in a row today after hedge fund manager Eric Jackson seemed to prompt a rotation to Better Home & Fina ...

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Tuesday.Shares of Firefly Aerospace Inc. FLY fell sharply in pre-market trading following second-quarter results.The company posted a second-quarter loss of $5.78 per share, versus a year-ago loss of $4.60 per share. Its sales declined to $15.549 million from $21.071 million.Firefly Aerospace shares dipped 12.5% to $43.29 in the pre-market trading session.Here are some other stocks moving lower in pre-market trading.Digi ...

Key Points Shares in OpenDoor Technologies have surged tremendously over the last few months. Some of the company's fundamental challenges remain. 10 stocks we like better than Opendoor Technologies › Penny stocks can be particularly attractive to investors who hope to make millions in the stock market. These equities tend to be small and volatile, and when things work out, they tend to generate multibagger returns. With shares up 450% year to date, OpenDoor Technologies (NASDAQ: OPEN) is an excelle ...