Opendoor Technologies (OPEN) came in below expectations in Q2 FY2026 on revenue of $883.0M versus the $906.0M estimate (-43.7% YoY) and EPS of $-0.17. The next Opendoor Technologies (OPEN) earnings date is Nov 5, 2026. Below is the full Opendoor Technologies earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
$883.0M (vs $906.0M est · -2.5% surprise · -43.7% YoY)
EPS
$-0.17 (vs $-0.07 est · -139.2% surprise · +327.1% YoY)
Share price
$3.43 (-2.8%)
Market cap
$3.3B
Opendoor Technologies (OPEN) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$883.0M vs $906.0M est
$-0.17 vs $-0.07 est
-139.2%
-4.6%
Miss
Q2 FY2026
$720.0M vs $666.0M est
$-0.18 vs $-0.05 est
-260.0%
-8.2%
Mixed
Q1 FY2026
$736.0M vs $594.0M est
$-0.07 vs $-0.08 est
+12.5%
+8.0%
Beat
Q4 FY2025
$915.0M vs $849.6M est
$-0.08 vs $-0.08 est
-4.7%
-9.3%
Mixed
Q3 FY2025
$1.6B vs $1.5B est
$-0.01 vs $-0.01 est
+0.0%
-22.8%
Mixed
Q2 FY2025
$1.2B vs $1.1B est
$-0.09 vs $-0.11 est
+18.2%
+18.0%
Beat
Q1 FY2025
$1.1B vs $982.3M est
$-0.11 vs $-0.14 est
+21.4%
-13.0%
Beat
Q4 FY2024
$1.4B vs $1.3B est
$-0.10 vs $-0.14 est
+28.6%
+3.9%
Beat
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Morgan Stanley
12.0%
115.2M
$532.2M
+12.1%
Vanguard Portfolio Management LLC
7.9%
76.2M
$352.1M
+8.8%
Blackrock, INC.
7.6%
72.9M
$336.9M
+291.3%
Vanguard Capital Management LLC
3.6%
34.6M
$159.9M
-2.6%
Geode Capital Management, LLC
2.6%
25.0M
$115.3M
+102.3%
State Street Corp
2.3%
21.8M
$100.6M
+264.2%
Susquehanna International Group, Llp
1.5%
14.3M
$65.9M
+6.7%
American Century Companies INC
1.5%
14.2M
$65.6M
-0.0%
Lennar Corp /New/
1.4%
13.5M
$62.5M
+0.0%
Dimensional Fund Advisors LP
1.3%
12.6M
$58.1M
+38.6%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Nejatian Kasra
director, officer: Chief Executive Officer
2026-08-14
Buy
28K
$100003
Nguyen Giang
officer: Chief Operating Officer
2026-07-15
Sell
4K
$16823
Benson David C
director
2026-06-16
Sell
40K
$193364
Wu Eric Chung-Wei
director
2026-06-11
Buy
42K
—
Rabois Keith
director
2026-06-11
Buy
42K
—
Feder Eric
director
2026-06-11
Buy
42K
—
HAMILTON DANA
director
2026-06-11
Buy
42K
—
Benson David C
director
2026-06-11
Buy
42K
—
What you'll find
Next Opendoor Technologies (OPEN) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Opendoor Technologies reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Opendoor Technologies (OPEN)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Opendoor Technologies's next earnings date?
Opendoor Technologies's (OPEN) next scheduled earnings date is Nov 5, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Opendoor Technologies (OPEN) beat or miss earnings?
In Q2 FY2026, Opendoor Technologies (OPEN) posted miss results — revenue of $883.0M versus the $906.0M estimate (-2.5% surprise) and EPS of $-0.17 versus $-0.07 expected (-139.2% surprise). Magnisto decodes every Opendoor Technologies (OPEN) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Opendoor Technologies beat earnings estimates?
Over its last 8 reported quarters, Opendoor Technologies (OPEN) beat Wall Street EPS estimates 4 times, most recently a miss result in Q3 FY2026. Magnisto tracks every Opendoor Technologies (OPEN) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Opendoor Technologies stock move after earnings?
Over its last 8 quarterly reports, Opendoor Technologies (OPEN) moved an average of ±11.0% the day after earnings — ranging from -22.8% (Q3 FY2025) to +18.0% (Q2 FY2025). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Nov 5, 2026, options-implied volatility is pricing in a move of roughly ±33.9% (derived). Magnisto tracks the realized post-earnings move for every Opendoor Technologies (OPEN) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Opendoor Technologies?
Institutions hold about 59.6% of Opendoor Technologies's (OPEN) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Morgan Stanley (12.0%), Vanguard Portfolio Management LLC (7.9%), Blackrock, INC. (7.6%). Magnisto lists Opendoor Technologies's (OPEN) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Opendoor Technologies (OPEN)?
In the most recent Form 4 filings Magnisto tracks, Opendoor Technologies (OPEN) insiders recorded 8 purchases and 4 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Opendoor Technologies (OPEN) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Opendoor Technologies (OPEN), anchored to the current $3.43 share price, so you can weigh the bull, base and bear cases for Opendoor Technologies side by side.
Is Opendoor Technologies (OPEN) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Opendoor Technologies fits your own thesis and risk profile. This is research, not investment advice.