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

Opendoor Technologies

05/08/2026 22:57

Opendoor Technologies Inc. OPEN.OQ reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -1 cents.  The mean expectation of eight analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -40 cents to -2 cents per share.
Revenue fell 43.7% to $883.00 million from a year ago; analysts expected $906.79 million. 
Opendoor Technologies Inc.'s reported EPS for the quarter was a loss of 17 cents​.
The company reported a quarterly loss of $162 million.
Opendoor Technologies Inc. shares had fallen by 10.8% this quarter and lost 29.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 115.3% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "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 $4.38, about 5.8% above its last closing price of $4.12
This summary was machine generated from LSEG data August 5 at 09:57 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 2026 
-0.12
-0.17
Missed
Mar. 31 2026 
-0.07
-0.03
Beat
Dec. 31 2025 
-0.09
-1.26
Missed
Sep. 30 2025 
-0.07
-0.08
Missed