Opendoor Technologies rallies after Q4 rev beat
E-commerce residential real estate sales firm Opendoor Technologies OPEN.O shares up 13.3% premarket at $5.27 after qtrly rev exceeded expectations
Tempe, Arizona-based OPEN late Thurs reported Q4 rev fell to $736 mln from $1.1 bn a yr-ago, but topped LSEG estimate of $594 mln
For Q1 2026, it sees rev decreasing by about 10% qtr/qtr and adj EBITDA loss in the low-to-mid $30 mln range
Co said it's "driving to Adjusted Net Income positive by the end of 2026, measured on a twelve-month go-forward basis," in the statement
In Sept, OPEN appointed Shopify SHOP.TO executive Kaz Nejatian as its new CEO, and said co-founders Keith Rabois and Eric Wu returning to the board
Avg rating of 9 analysts is "hold"; median PT $5 - LSEG
Through Thurs close, stock off 20% YTD
Related Articles
Will Bank of England Still Cut Rates in 2026? Falling Inflation Favors Loose Monetary Policy, Pound Exchange Rate May Struggle to Sustain Strength.
TradingKey - The outlook for the British Pound in 2026 is undoubtedly one of the most significant focal points for investors in the FX market. Following a structural shift in 2025 characterized by a "low start and high finish," GBP/USD successfully broke out of its two-year trading range and stabilized near 1.35 at year-end, laying the foundation for its performance in 2026.
Why the Yen Falls Further the More It Is Rescued: The Answer Lies in Japan’s Own Structural Contradictions
TradingKey - Entering early 2026, the attention of global investors is once again locked on the Japanese Yen (JPY). Despite the Bank of Japan (BoJ) gradually raising policy rates to a range of 0.5% - 0.75%, marking a definitive end to the era of negative interest rates, the yen continues to trend lower against the U.S. dollar.
What Is the Best Nuclear Energy Investment in 2026? Which Should You Buy in, OKLO or Nuclear Energy ETFs?
TradingKey - Demand for electricity is surging, and data centers designed for artificial intelligence are a big reason. Governments are also demanding cleaner, dependable power. This coupling has brought about a revival in nuclear power, with capacity expected to increase in the coming decades. To i
Stock Market Crash 2026: What Fed Signals and Economic Data Mean for Investors
TradingKey - The possibility of a stock market crash occurring in 2026 is becoming increasingly likely as investor sentiment continues to decline.
New Fed Chair Warsh Takes Office: Major Shift in Monetary Policy? US Dollar Short-Term Rebound, 2026 Investment Strategy Analysis
TradingKey - At the start of 2026, global financial markets witnessed a major leadership change as U.S. President Trump officially nominated Kevin Warsh as the next Federal Reserve Chair. Pending Senate confirmation, he will succeed Jerome Powell this May to lead the world’s most influential central bank.
