Opendoor (OPEN) Stock Surges 16% on Strong Q4 Revenue and Acquisition Growth
Opendoor Technologies Inc. (OPEN) saw its stock price leap 13-16.5% in after-hours trading following a robust Q4 2025 earnings report. Revenue reached $736 million, surpassing Wall Street estimates by 23.7%, while home acquisition volume surged 46% quarter-over-quarter.
The company reported an adjusted EPS loss of $0.07, outperforming analyst expectations of -$0.09. Management's guidance points toward achieving breakeven adjusted net income by the end of 2026, signaling confidence in their operational turnaround.
Despite the positive momentum, year-on-year revenue remains down 32.1%, reflecting the ongoing challenges in the real estate tech sector. The market responded most enthusiastically to the accelerated inventory turnover and record contribution margins in October cohorts.