StreetInsider.com News Articles

Opendoor Home Loans exits beta with fixed and adjustable mortgages

Fri, 04 Sep 2026 16:06:17 -0400

Opendoor (NASDAQ: OPEN) announced that Opendoor Home Loans has exited beta and now offers 30-, 20-, and 15-year fixed-rate mortgages, along with 5/6, 7/6, and 10/6 adjustable-rate mortgages for home purchases in markets where it is licensed.

The announcement comes as Freddie Mac's weekly survey showed the 30-year fixed mortgage rate reached 6.71% and the 15-year fixed rate reached 6.04% as of Sept. 3, with the 30-year average at its highest level in 13 months.

Opendoor Home Loans is available for any home purchase in markets where it holds a license, not only for purchases of Opendoor-listed homes. The service includes prequalification

Opendoor Home Loans Exits Beta With Fixed- and Adjustable-Rate Mortgages

Fri, 04 Sep 2026 16:05:00 -0400

Opendoor Home Loans now offers 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, 10/6 adjustable-rate mortgages for any home purchase in markets where Opendoor Home Loans is licensed.

SAN FRANCISCO, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Opendoor (NASDAQ: OPEN), the e-commerce platform for residential real estate, today announced that Opendoor Home Loans has exited beta and now offers 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, and 10/6 adjustable-rate mortgages.

The announcement comes as mortgage rates move higher. Freddie Mac’s weekly survey reached 6.71% for a 30-year fixed mortgage and 6.04% for a 15-year fixed mortgage

Opendoor Home Loans Exits Beta With Fixed- and Adjustable-Rate Mortgages

Fri, 04 Sep 2026 16:05:00 -0400

Opendoor Home Loans now offers 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, 10/6 adjustable-rate mortgages for any home purchase in markets where Opendoor Home Loans is licensed.

The announcement comes as mortgage rates move higher. Freddie Mac’s weekly survey reached 6.71% for a 30-year fixed mortgage and 6.04% for a 15-year fixed mortgage

Opendoor Technologies (OPEN) Reiterated at Market Perform by Citizens: Needs Pricing Discipline

Fri, 21 Aug 2026 04:17:10 -0400

Citizens analyst Andrew Boone reiterated a Market Perform rating on Opendoor Technologies (NASDAQ: OPEN).

The analyst commented, "While we are increasingly positive regarding Opendoor's ramping revenue and believe Opendoor CEO Kaz Nejatian is driving more technology and automation across Opendoor's processes that is allowing for margin expansion, we acknowledge the more important aspect is pricing discipline and inventory management as Opendoor scales, which remains an unanswered question in our mind. To that end, while we are now 15% above consensus for 2027 revenue, we are below consensus for 2027 EBITDA as we await confirmation that contribution margin can scale before changing

Opendoor closes $650M convertible notes offering due 2030

Wed, 19 Aug 2026 16:07:59 -0400

Opendoor Technologies Inc. (NASDAQ: OPEN) closed a $650.0 million private placement of 0.00% Convertible Senior Notes due 2030 on August 19, 2026, according to a company statement.

The notes, issued to certain investors through privately negotiated subscription transactions, carry no regular interest and will mature on August 15, 2030, unless earlier converted, redeemed, or repurchased. U.S. Bank Trust Company, National Association serves as trustee under the indenture.

The initial conversion rate is set at 212.2466 shares of common stock per $1,000 principal amount, representing a conversion price of approximately $4.71 per share. That price reflects a 35% premium over Opendoor's last reported

Form 8-K Opendoor Technologies For: Aug 17

Wed, 19 Aug 2026 16:06:00 -0400

si-local-file:///var/storage/secattach/20260819/26950054.html

Form 8-K Opendoor Technologies For: Aug 17

Wed, 19 Aug 2026 16:06:00 -0400

si-local-file:///var/storage/secattach/20260819/26950054.html

Form 4 Opendoor Technologies For: Aug 14 Filed by: Nejatian Kasra

Fri, 14 Aug 2026 19:27:00 -0400

si-local-file:///var/storage/secattach/20260814/26933227.html

Form 4 Opendoor Technologies For: Aug 14 Filed by: Nejatian Kasra

Fri, 14 Aug 2026 19:27:00 -0400

si-local-file:///var/storage/secattach/20260814/26933227.html

Form SCHEDULE 13G/A Opendoor Technologies Filed by: MORGAN STANLEY

Thu, 13 Aug 2026 15:40:00 -0400

si-local-file:///var/storage/secattach/20260813/26920338.html

Form SCHEDULE 13G/A Opendoor Technologies Filed by: MORGAN STANLEY

Thu, 13 Aug 2026 15:40:00 -0400

si-local-file:///var/storage/secattach/20260813/26920338.html

Form 8-K Opendoor Technologies For: Aug 12

Thu, 13 Aug 2026 06:07:00 -0400

si-local-file:///var/storage/secattach/20260813/26915794.html

Form 8-K Opendoor Technologies For: Aug 12

Thu, 13 Aug 2026 06:07:00 -0400

si-local-file:///var/storage/secattach/20260813/26915794.html

Opendoor raises $440M via convertible notes, buys back 5% of shares

Thu, 13 Aug 2026 06:00:46 -0400

Opendoor Technologies Inc. (Nasdaq: OPEN) announced a series of capital transactions, including a $650 million offering of 0% coupon convertible senior notes due 2030 and a $158 million repurchase of approximately 45.3 million shares of common stock, according to a press release dated Aug. 13, 2026.

After using roughly $158 million for the share repurchase and approximately $52.5 million to fund capped call transactions, the company expects to retain about $440 million in net proceeds on its balance sheet. The notes carry no regular interest and will mature on Aug. 15, 2030.

The share repurchase, priced at $3.49 per share, represents approximately

Opendoor Reduces Shares Outstanding by 5% in First-Ever Share Buyback, and Raises $440 Million of Growth Capital at 0% Coupon

Thu, 13 Aug 2026 06:00:00 -0400

$650 million of 0% coupon convertible notes, concurrent $158 million share repurchase, and capped call transactions, all structured for no expected net share issuance until stock exceeds $10.38 per share, ~3x the current price

SAN FRANCISCO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (the "Company"), a leading e-commerce platform for residential real estate transactions, today announced a series of transactions whose proceeds will add $440 million of growth capital to the balance sheet at a 0% coupon while reducing shares outstanding by 5%. The combined structure is designed so the Company expects no net

Opendoor Reduces Shares Outstanding by 5% in First-Ever Share Buyback, and Raises $440 Million of Growth Capital at 0% Coupon

Thu, 13 Aug 2026 06:00:00 -0400

Opendoor Technologies (OPEN) PT Lowered to $4.50 at UBS

Wed, 05 Aug 2026 09:37:04 -0400

UBS analyst Stephen Ju lowered the price target on Opendoor Technologies (NASDAQ: OPEN) to $4.50 (from $5.00) while maintaining a Neutral rating.

Opendoor (OPEN) Misses Q2 EPS by 9c; offers outlook

Tue, 04 Aug 2026 16:36:08 -0400

Opendoor (NASDAQ: OPEN) reported Q2 EPS of ($0.17), $0.09 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $883 million versus the consensus estimate of $902.62 million.

Q3 2026 Outlook

Acquisitions: You can track our acquisition contracts on accountable.opendoor.com4.
Revenue: We expect revenue to increase at least 20% year-over-year.
Contribution Profit5: We expect Contribution Profit dollars to more than double year over year. We expect Contribution Margin to be around 4% to 4.5%. While Q3 is historically a seasonally weaker margin quarter - with historical Q2-to-Q3 contribution margin drops averaging nearly 500 basis points, excluding 2023 -

Form 10-Q Opendoor Technologies For: Jun 30

Tue, 04 Aug 2026 16:16:00 -0400

si-local-file:///var/storage/secattach/20260804/26866605.html

Form 10-Q Opendoor Technologies For: Jun 30

Tue, 04 Aug 2026 16:16:00 -0400

si-local-file:///var/storage/secattach/20260804/26866605.html

Form 8-K Opendoor Technologies For: Aug 04

Tue, 04 Aug 2026 16:13:00 -0400

si-local-file:///var/storage/secattach/20260804/26866441.html

Form 8-K Opendoor Technologies For: Aug 04

Tue, 04 Aug 2026 16:13:00 -0400

si-local-file:///var/storage/secattach/20260804/26866441.html

Opendoor posts Q2 revenue rise as net loss widens year over year

Tue, 04 Aug 2026 16:06:43 -0400

Opendoor Technologies Inc. (Nasdaq: OPEN) reported second-quarter 2026 revenue of $883 million, up 23% from the prior quarter but down from $1.57 billion in the same period a year earlier, according to a company press release.

The company posted a GAAP net loss of $162 million for the quarter ended June 30, 2026, compared with a net loss of $29 million in the second quarter of 2025. The wider loss was driven in part by elevated stock-based compensation, including $100 million tied to market-condition restricted stock units.

Homes purchased totaled 4,378 in the quarter, up 77% from the prior quarter and up

Q2 2026 Open House: Everything is Up. More Contracts. More Revenue. More Margin. Except Costs. Those are Down.

Tue, 04 Aug 2026 16:05:00 -0400

Revenue up 23% QoQ. Contribution Profit up 59% QoQ. Contribution Margin up 140bps both QoQ and YoY. Homes purchased up 77% QoQ and 149% YoY. Inventory Health Improved 1% QoQ and 27% YoY. Combined Marketing and Operations per acquisition contract lowest in Company history¹. Opendoor to be ANI positive on a twelve-month go-forward basis at the end of 2026.

SAN FRANCISCO, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported quarterly financial results for its quarter ended June 30, 2026.

In May, Opendoor set

Q2 2026 Open House: Everything is Up. More Contracts. More Revenue. More Margin. Except Costs. Those are Down.

Tue, 04 Aug 2026 16:05:00 -0400

In May, Opendoor set