Opendoor Technologies Inc Stock Price, News & Analysis

Opendoor Technologies (Nasdaq: OPEN) has appointed Kaz Nejatian, former COO of Shopify, as its new CEO and Board member. In a significant leadership restructuring, co-founders Keith Rabois and Eric Wu are returning to the Board, with Rabois assuming the Chairman position.

The company is receiving a $40 million PIPE investment from Khosla Ventures and Eric Wu to fuel business growth. Nejatian, known for his AI expertise and operational efficiency at Shopify, will lead Opendoor's transformation into an AI-powered real estate platform. Board members Pueo Keffer and Glenn Solomon have stepped down, while Eric Feder continues as Lead Independent Director.

Title Resources Group (TRG) has appointed Stacy Short as Agency Account Manager for Virginia, Maryland, and the District of Columbia. Short, a 30-year real estate industry veteran, will focus on business development and managing relationships with title insurance agents in the Mid-Atlantic region.

Short's extensive background includes roles in mortgage lending, title insurance underwriting, legal services, and real estate. Her previous experience includes working as a business development officer, paralegal, title curative specialist at Require LLC, co-owner of a title agency, and mortgage loan officer. She is currently a licensed title insurance underwriter and notary public in Virginia.

Opendoor Technologies (Nasdaq: OPEN) announced significant leadership changes as CEO Carrie Wheeler steps down effective immediately. Shrisha Radhakrishna, the company's Chief Technology & Product Officer, has been appointed as President and interim leader while a CEO search is underway.

The Board has elected Eric Feder as Lead Independent Director, and the company has retained Spencer Stuart to assist with the CEO succession process that began in mid-2025. The transition comes as Opendoor focuses on scaling Key Connections, rolling out Cash Plus across markets, and improving its core cash-offer business.

Radhakrishna, who joined as CTPO in 2024, brings over 20 years of experience in tech innovation and has already led initiatives reducing infrastructure costs and launching new experiences like Cash Plus. During the CEO search, Radhakrishna and CFO Selim Freiha will report directly to the Board.

Title Resources Group (NYSE:OPEN) has appointed Janell Downing as Agency Account Manager for Ohio, New Jersey and Pennsylvania. Downing brings over 40 years of title insurance experience to the role, including 25 years with large underwriters and 6 years as an escrow officer and branch manager.

Downing will focus on business development, managing relationships with title insurance agents, and supporting their growth initiatives. She holds the Ohio Land Title Professional designation and previously served on the Ohio Land Title Association Board as Trustee and Secretary from 2019-2023.

Opendoor Technologies (Nasdaq: OPEN) reported Q2 2025 financial results, achieving $1.6 billion in revenue, up 4% year-over-year and 36% quarter-over-quarter. The company sold 4,299 homes and reached its first quarter of Adjusted EBITDA profitability since 2022 at $23 million.

The company posted a net loss of $(29) million, significantly improved from $(92) million in Q2 2024. Gross profit was $128 million with an 8.2% margin. The inventory balance decreased to $1.5 billion, representing 4,538 homes. For Q3 2025, Opendoor projects revenue between $800-875 million and expects Adjusted EBITDA between $(28) million to $(21) million.

Opendoor Technologies (Nasdaq: OPEN) has successfully regained compliance with Nasdaq's minimum bid price requirement, maintaining a closing bid price of at least $1.00 for 12 consecutive business days from July 15 to July 30, 2025. This achievement ensures the company's continued listing on the Nasdaq Global Select Market.

Following this development, Opendoor's Board of Directors has cancelled the Special Meeting of Stockholders previously scheduled for August 27, 2025, which was meant to consider proposals for a potential reverse stock split. The Board determined that the reverse split is no longer necessary given the company's restored compliance status.

Opendoor Technologies (NASDAQ: OPEN) announced the adjournment of its Special Meeting of Stockholders from July 28, 2025, to August 27, 2025. The meeting was scheduled to consider two proposals regarding a potential reverse stock split of the company's common stock.

The adjournment comes after Opendoor received a Nasdaq non-compliance notice in May due to its stock trading below $1.00 for 30 consecutive business days. To maintain its listing, the company must achieve a closing price of at least $1.00 for 10 consecutive business days by November 24, 2025. The Board seeks additional time to assess market conditions before proceeding with the Special Meeting.

Title Resources Group (TRG) has appointed Michael Campbell as Vice President, Underwriting Counsel for Michigan. Campbell will provide underwriting support and guidance to TRG's independent and affiliated title agents throughout Michigan and the Midwest region.

Campbell brings over a decade of experience in title insurance and real estate, having previously served as senior underwriter at a multi-state title insurance agency and senior underwriting counsel at Spruce Holdings. He also spent eight years at Amrock (Rocket Close). Campbell is a Michigan licensed attorney and licensed title producer in Michigan, Indiana, and Missouri, holding degrees from Wayne State University Law School and the University of Detroit Mercy.

Opendoor Technologies (NASDAQ: OPEN), an e-commerce platform for residential real estate transactions, has scheduled its Q2 2025 earnings release for August 5, 2025, after market close.

The company will host a conference call and webcast at 2:00 PM PT (5:00 PM ET) to discuss business performance and financial results for the period ending June 30, 2025. Investors can access the live webcast through Opendoor's investor relations website, where an archived version will remain available for one year.