Opendoor Technologies stock | Growth outlook for 2026 & price target

Opendoor Technologie...

NasdaqGS:OPEN

$ 4,80

$-0,10 (-2,04%)

4,80 $

$-0,10 (-2,04%)

End-of-day quote: 03/27/2026

Opendoor Technologies Stock Value

The current analyst rating for NasdaqGS:OPEN is Hold.

Hold

Opendoor Technologies Company Info

EPS Growth 5Y

8,29%

Market Cap

$4,60 B

Long-Term Debt

$1,07 B

Short Interest

2,61%

Quarterly earnings

05/01/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

2013

Industry

Real Estate

Country

United States

ISIN Number

US6837121036

Website

http://www.opendoor.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$4,50

-6.25%

Last Update: 03/28/2026

Analysts: 6

Highest Price Target $8,00

Average Price Target $4,50

Lowest Price Target $1,00

In the last five quarters, Opendoor Technologies’s Price Target has risen from $1,19 to $2,53 - a 112,61% increase. Seven analysts predict that Opendoor Technologies’s share price will fall in the coming year, reaching $4,50. This would represent a decrease of -6,25%.

Top growth stocks in the real estate sector (5Y.)

What does Opendoor Technologies do?

Opendoor Technologies Inc. (Opendoor) operates as a digital platform for residential real estate transactions. By leveraging software, data science, product design, and operations, the company is building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience that will be the future of how people buy or sell a home. Opendoor transforms the home selling and buying process into a simple and certain online experience. Customers have demons...

Opendoor Technologies Inc. (Opendoor) operates as a digital platform for residential real estate transactions.

By leveraging software, data science, product design, and operations, the company is building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience that will be the future of how people buy or sell a home.

Opendoor transforms the home selling and buying process into a simple and certain online experience. Customers have demonstrated their desire for the company’s digital, on-demand real estate solution with over 274,000 homes bought and sold by Opendoor across the United States. In 2024, the company sold over 13,500 homes.

The company has expanded across the United States and operated in 50 markets as of December 31, 2024: Albuquerque, Atlanta, Austin, Birmingham, Boston, Charleston, Charlotte, Chattanooga, Cincinnati, Cleveland, Colorado Springs, Columbia, Columbus, Corpus Christi, Dallas-Fort Worth, Denver, Detroit, Greensboro-Winston, Greenville, Houston, Indianapolis, Jacksonville, Kansas City, Killeen, Knoxville-Morristown, Las Vegas, Los Angeles, Miami, Minneapolis-St. Paul, Nashville, New York-New Jersey, Northern Colorado, Oklahoma City, Orlando, Phoenix, Portland, Prescott, Raleigh-Durham, Richmond, Riverside, Sacramento, Saint Louis, Salt Lake City, San Antonio, San Diego, San Francisco-Bay Area, Southwest Florida, Tampa, Tucson, and Washington, DC.

The company is dedicated to building a digital, one-stop shop for buyers and sellers of residential real estate, where more consumers will be able to transact directly with simplicity, certainty, and control over the entire process.

The company is steadily growing its reach via its partnership channels with homebuilders, agents, and online real estate platforms. It has relationships with two of the largest online real estate platforms, Zillow and Redfin, which together reach millions of unique monthly visitors. The company launched its partnership with Zillow, Inc. in early 2023, allowing home sellers on the Zillow, Inc. platform to request an offer directly from Opendoor. In addition to driving incremental acquisitions, the company expects these partnerships to build its brand awareness and serve as additional avenues for sellers to learn about the benefits of its flagship cash offer.

Solution

Opendoor is an end-to-end real estate platform enabling customers to sell and buy a home online. The company offers a number of products to customers to facilitate the transaction that best suits their specific needs. All of the company’s products leverage its centralized operations and platform capabilities, enabling sellers and buyers to experience a simple and certain transaction that dramatically improves the traditional process. The company’s product offerings include:

Sell to Opendoor: Launched in 2014, sellers utilize the company’s core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, preparing the home for market, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Using the company’s website or mobile app, sellers can receive an estimated offer online. The company then conducts a home assessment to verify the home information and finalize the offer, taking into consideration the home’s condition. Sellers can then select their preferred closing date and close electronically (where permitted).

For customers who sell directly to the company, it charges a service fee. The company’s offering compares favorably to the traditional listing process, which can include a broker fee.

List with Opendoor: Customers can choose to list their home on the MLS with a partner agent while also receiving the certainty of the company’s cash offer, which is valid for a limited time period while the seller tests the market. By choosing this product, sellers work with one of the company’s partner agents to list their home through the open MLS market. If the seller sells their home through the MLS, Opendoor receives a referral fee from the partner agent. The company’s listing product is available in nearly all Opendoor markets.

Opendoor Marketplace: The company’s capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. For home buyers, the company is building an e-commerce-like experience that focuses on unique selection and a streamlined process. For home sellers, the company focuses on providing options; in addition to receiving an Opendoor offer, sellers can also look for a higher offer from its network of buyers. For sellers who successfully sell their home via its marketplace, it charges a listing fee. The company is giving home sellers control and flexibility, including over showings and selling timelines. The company has launched its marketplace offering in three markets: Dallas-Fort Worth (launched in 2022), and Charlotte and Raleigh-Durham (launched in late 2024), and it continues to iterate on the product experience.

In addition to these products, the company offers customers integrated title insurance and escrow services through its subsidiaries. It offers title insurance services in a majority of its markets and on both the acquisition and resale side of the transaction. In the markets where the company’s title services are offered, it provided these services for over 80% of Opendoor home transactions that closed in 2024. The company’s title and escrow companies charge buyers and/or sellers fees related to settlement and escrow services. Additionally, as agents for national title insurance underwriters, it charges title insurance premiums, which may be based on promulgated rates or rates filed by national title insurance companies. The fees charged by the company’s title and escrow companies vary by market.

Business Model

The vast majority of the company’s revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers. The company also provides additional services to home sellers and home buyers, including title and escrow services, List with Opendoor, and Opendoor Marketplace. The company plans to continue to make competitive offers that customers choose, provide value-added adjacent services for its customers to increasingly adopt, and offer products that meet its customers where they are on their selling and buying journeys.

Offers

The company generates demand for its products and services through organic awareness and word-of-mouth, paid media spend, and partnership channels such as its relationships with homebuilders, real estate agents, and online real estate portals. Home sellers can visit the company’s website or mobile app and answer a few questions about their home’s condition, features, and upgrades. For eligible homes, customers receive an estimated offer, which can be refreshed at any time through their personalized seller dashboard. As of December 31, 2024, all of the company’s estimated offers were algorithmically generated and require minimal human intervention.

In order to finalize the company’s offer, it conducts a combination of virtual and/or in-person home assessments to verify the condition of the home and determine what kind of repairs and home quality improvements may need to be performed after it acquires the home. The company typically asks for a condition pricing adjustment that relates to its assessment of home condition and what it will require to get and maintain the home as ‘sale ready’ based on the expectations of buyers in the market.

Home Acquisition and Repairs

Once a seller has received and accepted the company’s final purchase offer, it enables the seller to close the transaction on a flexible timeline. The company engages third-party contractors within each market to conduct repairs and continuously refines and adjusts its repair and improvement strategies based on its operating experience in markets and reviewing neighborhood-level resale outcomes.

Home Resale

After the company prepares the home for market and lists the home for resale, it markets its homes across a wide variety of channels to generate buyer awareness and demand. These channels include the Opendoor website and mobile app, local MLS, and syndication across real estate portals. The company also generates buyer awareness through Opendoor signage for listed properties. The majority of the company’s sales are to individual consumers, with a minority sold to institutional investors. As part of the listing and marketing process, the company determines an appropriate resale strategy for each home.

Efficient Digital Platform

The company’s proprietary construction management technology enables it to drive efficiencies across all home servicing functions, tying together pre-acquisition assessments, pricing, repair and preparation scoping, centralized back-office operations, renovation project management, and listed home maintenance. The company has also established a network of over 450 trade partners and local service providers that use its proprietary technology to complete home repairs and maintenance. The company receives regular home condition status updates from its trade partners and local service provider network, who are in its homes multiple times per month, as well as from home shoppers and agents who provide feedback through its mobile application after their home tours.

Strategic Growth

The company’s strategies are to increase penetration in existing markets, expand to new markets, and expand product offerings.

Marketing

The company utilizes a diversified, multichannel approach in marketing, with a focus on efficient growth. In addition to earned media and online real estate partnerships with leading industry brands, it leverages a diverse range of channels and platforms within paid advertising, including paid online channels, direct mail, television, radio, social media, and outdoor advertising. As the company’s market footprint has expanded, it is focused on its investment in broad reach and national channels, such as television and sponsorships, to efficiently drive awareness and build trust with consumers in a new category. The company also continues to build its prospective customer base by maintaining relationships and re-engaging with homeowners who might not have been ready to sell during their first interaction with Opendoor. With the majority of sellers also being buyers, these homeowners represent a large part of the company’s marketing funnel that it is focused on converting when they are ready to transact.

Technology

The company’s business is driven by data and technology at all stages of the home buying and selling process. It has assembled a team of engineers, data scientists, designers, and product managers whose expertise spans a broad range of technical areas to build its proprietary technology for pricing and home assessment, access, and management. The company uses technological innovations where possible to increase efficiency and scale its business.

The company uses third-party cloud computing services to allow it to quickly and efficiently scale up its services without upfront infrastructure costs, allowing it to maintain its focus on building great products. The company also uses third-party services to allow customers to digitally sign contracts, upload videos of their home, and manage customer support services.

Intellectual Property

As of December 31, 2024, the company had 12 trademark registrations and 11 patent registrations. It is the registered holder of a variety of domestic domain names, including ‘opendoor.com.’

Government Regulation

To provide the broad range of products and services that the company offers customers, certain of its subsidiaries maintain real estate brokerage, title insurance and escrow, and general contractor licenses. These entities are subject to stringent state and federal laws and regulations, including but not limited to, the Real Estate Settlement Procedures Act (‘RESPA’) and those administered by applicable state departments of real estate, banking, and consumer services.

History

The company was incorporated in Delaware in 2013. The company was formerly known as Social Capital Hedosophia Holdings Corp. II and changed its name to Opendoor Technologies Inc. in 2020.

Opendoor Technologies Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main sector:** Real Estate (iBuying) **TOP 3 markets:** 1. **California:** approx. 25% 2. **Texas:** approx. 20% 3. **Florida:** approx. 15% Opendoor Technologies Inc. is a leading company in the iBuying sector, specializing in the buying and selling of residential properties. The majority of re...

At which locations are the company’s products manufactured?

**Production:** Not applicable Opendoor Technologies Inc. is a technology company specializing in buying and selling real estate. It does not produce physical products. Instead, it offers a platform that allows users to buy or sell properties quickly and efficiently. Opendoor's business model...

What strategy does Opendoor Technologies pursue for future growth?

**Revenue Growth:** 18% (estimated for 2025) **Market Share:** 5% in the US real estate market (2024) Opendoor Technologies Inc. pursues a growth strategy that focuses heavily on expanding into new geographic markets and diversifying its service offerings. The company plans to further expand its...

Which raw materials are imported and from which countries?

**Commodities/Materials:** Real Estate (Houses) **Main Source Countries:** USA (local) Opendoor Technologies Inc. is a company specializing in the buying and selling of real estate. Unlike manufacturing companies, Opendoor does not import physical commodities or materials from other countries, as...

How strong is the company’s competitive advantage?

**Market share:** Estimated 4% in the US real estate market (2025) **Revenue growth:** 10% (2024) **EBITDA margin:** 3% (2024) Opendoor Technologies Inc. has established itself as one of the pioneers in the iBuying sector, giving them an early competitive advantage. By leveraging technology to au...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 65% (2025, estimated) **Insider Buys/Sells:** No significant transactions in the last quarter (2025, estimated) The institutional investor share in Opendoor Technologies Inc. is approximately 65%, indicating strong interest from large investment funds and institut...

What percentage market share does Opendoor Technologies have?

**Market share of Opendoor Technologies Inc.:** 20% (2025, estimated) **Top competitors and their market shares:** 1. **Zillow Group, Inc.:** 25% 2. **Redfin Corporation:** 15% 3. **Offerpad Solutions Inc.:** 10% 4. **Compass, Inc.:** 8% 5. **Keller Williams Realty:** 7% 6. **eXp Realty:** 5% 7. **...

Is Opendoor Technologies stock currently a good investment?

**Revenue Growth:** 10% (2024) **EBITDA Margin:** 5% (2024) **Market Share in the iBuying Sector:** 60% (2024) Opendoor Technologies Inc. recorded a revenue growth of 10% in 2024, attributed to increased acceptance of the iBuying model and expansion into new markets. The 5% EBITDA margin indicates...

Does Opendoor Technologies pay a dividend – and how reliable is the payout?

**Dividend:** No payout (as of 2023) Opendoor Technologies Inc. currently does not pay a dividend. The company is heavily focused on growth and reinvesting in its business activities, especially in the digital real estate trading sector. As Opendoor is in a growth phase, it is unlikely that a divi...

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Opendoor Technologies Stock Value

Opendoor Technologies Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the real estate sector (5Y.)

What does Opendoor Technologies do?

Opendoor Technologies Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Opendoor Technologies Stock Value

Opendoor Technologies Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the real estate sector (5Y.)

What does Opendoor Technologies do?

Opendoor Technologies Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.