Opendoor is one of the last companies standing in iBuying. It's a high-risk, high-reward business model.

The latest trading day saw Opendoor Technologies Inc. (OPEN) settling at $2.95, representing a -1.01% change from its previous close.

The iBuying leader is doing a good job of improving profitability in a difficult real estate market.

Opendoor just reported Q4 earnings - results were great, but guidance was soft. More specifically, Opendoor does not expect to achieve profitability in 2024. However, Opendoor's fundamentals are im...

Opendoor has scaled back its business significantly as the housing market has tightened. Investors are less optimistic that the Fed will cut interest rates soon.

Opendoor Technologies Inc (OPEN) Q4 2023 Earnings Call Transcript

Opendoor's revenue is off 80% from highs, and profits are nowhere near positive. The company has thin unit economics and requires debt to grow.

Interest rates and mortgage rates rose on strong economic data. The upcoming spring home-buying season is key for Opendoor.

Opendoor operates an iBuying platform that offers a simplified process for buyers and sellers. The business has been impacted by a pressured real estate market, and revenue has plummeted.

Opendoor Technologies Inc. (OPEN) closed the most recent trading day at $3.50, moving -0.85% from the previous trading session.

The housing market has nowhere to go but up. Mortgage rates are expected to fall.

Despite doubling in the past year, Opendoor shares are off 91% from their all-time high. Major cost cuts have failed to reverse losses on the bottom line.

Opendoor's stock has been on fire lately, but could its business jump to the next level this year?

In the latest trading session, Opendoor Technologies Inc. (OPEN) closed at $3.35, marking a -0.89% move from the previous day.

Opendoor has a great business model, but it's struggling with severe macroeconomic headwinds. It's focusing on improving efficiency and is well-positioned to benefit from interest rate cuts this year.