Opendoor Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

Opendoor Technologies

05/08/2025 22:02

Opendoor Technologies Inc OPEN.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of ten analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to -1 cents per share.

Revenue rose 3.7% to $1.57 billion from a year ago; analysts expected $1.50 billion.

Opendoor Technologies Inc's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $29 million.

Opendoor Technologies Inc shares had risen by 361.5% this quarter and gained 53.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 77.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the real estate services peer group is  "buy."

Wall Street's median 12-month price target for Opendoor Technologies Inc is $1.00, about 146% below its last closing price of $2.46

This summary was machine generated from LSEG data August 5 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-0.01
-0.01
Met
Mar. 31 2025
-0.10
-0.09
Beat
Dec. 31 2024
-0.14
-0.11
Beat
Sep. 30 2024
-0.13
-0.10
Beat