Opendoor Technologies stock falls as Q2 loss reaches USD 162 million

Published on 10/07/2026 at 03:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Opendoor Technologies stock posted USD 883 million in Q2 revenue and a USD 162 million loss. JPMorgan and Alliance Global cut their targets in September.

OPEN, US6837121036, Illustration mit AI erstellt.

Opendoor Technologies stock (ISIN US6837121036) was last at USD 2.27 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, down 1.73 percent from USD 2.31. The latest operating picture remains defined by a USD 162 million quarterly loss and a sharp revenue decline.

Q2 loss sets the baseline

According to Trefis, Opendoor reported USD 883 million of revenue in Q2 2026, down 43.7 percent from USD 1.57 billion in Q2 2025. The same report puts the GAAP net loss at USD 162 million, compared with USD 29 million a year earlier.

The comparison matters because the loss widened by USD 133 million while revenue fell by USD 687 million. Opendoor's Q2 2026 operating cash flow was negative USD 718 million, adding financing and inventory discipline to the profitability debate.

Analysts reset expectations

As StocksToTrade reported, JPMorgan cut its Opendoor price target from USD 8 to USD 7 while keeping an Overweight rating. Alliance Global reduced its target from USD 7 to USD 5 and retained a Buy rating.

The two revisions leave a clear gap between the analysts' targets and the October 6 market price. JPMorgan's USD 7 target lies 208.4 percent above USD 2.27, while Alliance Global's USD 5 target lies 120.3 percent above the stock price.

November 5 brings the next test

TradingView lists November 5, 2026 as Opendoor's next report date for Q3 2026. That release will put the company's profitability timetable and its housing-market exposure against the Q2 baseline.

The stock's USD 2.25 to USD 9.60 52-week range shows how far expectations have moved during the period. For investors, the next decisive figures are revenue conversion, contribution margin and cash use rather than the headline analyst targets.

Stock remains near yearly low

Opendoor Technologies was last at USD 2.27 on Nasdaq on October 6, 2026 at 4:00 p.m. ET. Its market capitalization was USD 2.2 billion, and the session volume reached 30,545,015 shares.