Opendoor delays profit milestone and Opendoor Technologies stock stays unchanged
Published on 10/08/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Opendoor delayed its adjusted net income break-even milestone by six to eight weeks on October 8, 2026.
- The after-hours Lang & Schwarz quote was EUR 2.03, unchanged from the prior close.
- Second-quarter 2026 revenue was USD 883.0 million and net loss was USD 162.1 million.
- Third-quarter 2026 results are scheduled for November 5, 2026.
Opendoor Technologies (ISIN US6837121036) was at EUR 2.03 in the after-hours Lang & Schwarz quote on October 8, 2026, unchanged from the prior close. The company had pushed its adjusted net income break-even milestone back by six to eight weeks, according to Ground News on October 8, 2026.
Three recent pressure points
Opendoor Technologies stock had already touched a 52-week low of USD 2.52 on September 28, 2026, when housing demand and profitability concerns weighed on the company. Investing.com reported that the companys second-quarter revenue reached USD 883.0 million, below the USD 902.62 million consensus, while loss per share was USD 0.17 against an expected USD 0.08 loss.
On October 5, 2026, the stock touched another 52-week low at USD 2.31, 2.53 percent below the previous USD 2.37 low. 24/7 Wall St. also cited a USD 2.2 billion market capitalization. The sequence shows how quickly the market has repriced the company when operating progress fails to offset housing and financing pressure.
What does the delay mean for results?
The latest reported quarter ended June 30, 2026. Opendoor generated USD 883.0 million in revenue and a USD 162.1 million consolidated net loss, compared with USD 720.0 million of revenue and a USD 173.0 million loss in the first quarter of 2026, according to Business Quant. Revenue therefore rose USD 163.0 million sequentially, while the loss narrowed USD 10.9 million.
The cash position was USD 896.0 million at June 30, 2026, but operating cash flow was negative USD 718.0 million for the second quarter. That combination leaves the delayed break-even milestone as the central operating test: stronger transaction economics must improve cash generation, not only the reported revenue line.
Next reporting dates are set
Opendoor Technologies is scheduled to report third-quarter 2026 results on November 5, 2026, followed by fiscal-year 2026 results on February 25, 2027, according to Barrons. Those dates give investors two measured checkpoints for the revised profitability timetable.
Stock remains unchanged after hours
The Lang & Schwarz price was EUR 2.03 on October 8, 2026, unchanged versus the prior close of EUR 2.03. The quote is the euro reference for German investors, while the primary listing is on Nasdaq in USD.
The further course of trading is shown by the continuously updated real-time quote of Opendoor Technologies stock.
Opendoor Technologies stock facts
- Company: Opendoor Technologies Inc.
- ISIN: US6837121036
- Ticker: OPEN
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 8, 2026: EUR 2.03
- Change versus prior close: 0.00 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 2.03
- Market capitalization: USD 2.2 billion as of October 8, 2026
- Sector / Industry: Real Estate / Real Estate Services
Market context: Market report Nasdaq Composite.
