Opendoor’s Meteoric 2025 Rally Still Far From All-Time Highs
Opendoor Technologies (OPEN) has surged over 500% year-to-date in 2025, with 1,500% gains concentrated in just three months. Yet at $11/share, the proptech stock remains 70% below its 2021 peak of $36.
The institutional house-flipping model continues facing profitability challenges despite new AI-focused leadership. September's CEO appointment from Shopify's ranks and activist investor involvement have fueled speculative trading, intertwining meme stock dynamics with artificial intelligence narratives.
Market participants note the disconnect between rapid price appreciation and unproven fundamentals. The valuation gap against historic highs serves as a cautionary indicator for sustained momentum.