Alliance Global cuts target for Opendoor Technologies stock to USD 5.00

Published on 10/01/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alliance Global keeps Buy, with USD 5.00 versus USD 7.00 on September 18, 2026. Opendoor Technologies stock costs EUR 2.09 on October 1, 2026 after EUR 2.09.

OPEN, US6837121036, Illustration mit AI erstellt.

Opendoor Technologies (ISIN US6837121036) stock was trading at EUR 2.09 at Lang & Schwarz on October 1, 2026 at 2:38 p.m. CEST, unchanged versus the EUR 2.09 prior close. On September 18, 2026, Alliance Global cut its Opendoor target from USD 7.00 to USD 5.00 while keeping a Buy rating, according to Markets Insider.

Alliance Global lowers its target

The reduction leaves the new USD 5.00 target 114.29 percent above the EUR 2.09 Lang & Schwarz price only if the currencies are converted, so that cross-currency comparison is excluded. The more useful comparison is within Alliance Global's own note: its target fell 28.57 percent from USD 7.00 to USD 5.00.

The target cut followed weaker third-quarter trends and lower management expectations, the Markets Insider report said on September 18, 2026. Alliance Global still kept its Buy rating, creating a clear split between the firm's valuation view and its assessment of near-term execution.

Revenue outlook spans 10.00 to 15.00 percent

Opendoor's third-quarter 2026 revenue growth outlook was revised to 10.00 to 15.00 percent year over year from at least 20.00 percent, while expected contribution margin moved to 3.20 to 3.50 percent from 4.00 to 4.50 percent, according to Trefis in its September 2026 analysis.

The latest reported quarter ended June 30, 2026. Revenue was USD 883.0 million, down from USD 905.98 million of consensus, while GAAP net income was a loss of USD 162.0 million and diluted earnings per share were a loss of USD 0.17, according to the same Trefis report. The revenue comparison represents a shortfall of 2.54 percent versus consensus, while the loss shows that the operating turnaround remains financially demanding.

Stock remains near its yearly low

Nasdaq-listed Opendoor Technologies had a USD 2.35 to USD 9.69 52-week range as of September 30, 2026, with a USD 2.3 billion market capitalization. The lower end of that range sits only USD 0.26 below the latest structured-market quote of USD 2.37, emphasizing how close the stock remains to its yearly floor.

The company's investor-relations page lists its second-quarter 2026 earnings materials and a September 2026 management update, including the Q2 earnings livestream and supplement, at Opendoor Technologies. For investors, the key tension is visible in the numbers: the business is still generating hundreds of millions of dollars in quarterly revenue, but the guidance reset and the USD 162.0 million quarterly loss have pushed analysts to reassess the pace of improvement.

EUR 2.09 in afternoon trading

At Lang & Schwarz, Opendoor Technologies stock was trading at EUR 2.09 on October 1, 2026 at 2:38 p.m. CEST, plus 0.00 percent versus the EUR 2.09 prior close from September 30, 2026. The Nasdaq listing, ticker OPEN and 52-week range provide the primary-market context, while the euro quotation remains the reference price for German investors.