News

CEO Nejatian discusses path to profitability and AI-driven operational leverage.

Opendoor Technologies Inc (OPEN) reports a 149% year-over-year surge in homes acquired and improved margins, while reaffirming its path to adjusted net income profitability by the end of 2026.

There’s a problem with the housing market. Homes are coming onto the market, yet many residences are sitting idle. Buyers seek relief, but mortgage rates are still high enough to make monthly payments difficult. Older homeowners who may otherwise downsize are staying put, because moving could mean ...

June 11 (Reuters) - U.S.-based real estate firm Opendoor will shutter its India operations and lay off all 250 employees in the country as it shifts to greater use of AI, Chief Executive Kaz Nejatian

Opendoor CEO Kaz Nejatian joins Stocktwits TV to discuss the company's strong Q4 performance, highlighting the significant role of AI in improving their business models. Nejatian also touches on Opendoor's new mortgage product, the company's path to profitability, and his critical perspective on the Federal Reserve's current interest rate policies.

Moby summary of Opendoor Technologies Inc.'s Q1 2026 earnings call