Opendoor Plunges 21% After Q3 Miss and Soft Revenue Guidance; Zillow Group Slides 2%, Rocket Companies Holds Steady

Opendoor's Q3 2026 loss widens as mortgage rates rise

Opendoor posted a $66 million adjusted net loss and $218 million net loss in Q3 2026 as revenue rose 12% to $1.022 billion.

Opendoor Plunges 21% After Q3 Miss and Soft Revenue Guidance; Zillow Group Slides 2%, Rocket Companies Holds Steady

A surge in home buying ran into with a stalled resale market at Opendoor Technologies (NASDAQ:OPEN), and Wall Street isn’t forgiving the mismatch. Opendoor stock trades at $1.42, down 21%. That leaves the stock down 76% year to date (YTD). Q3 2026 results from Opendoor arrived after the close on November 5. The shares traded […]

Why Opendoor Stock Is Down Today

Opendoor is selling more and buying a lot more homes, but margins are shrinking, losses are widening, and its year-end profit goal is now behind schedule.

Opendoor Q3 2026: Revenue $1.02B, Home Purchases Surge

Opendoor purchased 4,865 homes as revenue rose to $1.02 billion, but its GAAP net loss widened to $218 million and gross margin fell to 3.7%. Continue Reading Opendoor Purchases Four Times as Many Homes as Revenue Rises, but Turnaround Faces New Tests

Opendoor Bought 4,865 Homes in Q3 but Sold 2,728 | Loss Hit $218M

Key Takeaways Opendoor purchased 4,865 homes in the third quarter of 2026, up 316% from 1,169 a year earlier, but sold only 2,728. Its inventory more than doubled to 7,596 homes worth $2,568 million, and its net loss widened to $218 million from $90 million. Gross margin fell to 3.7% from 7.2% even as revenue […] The post Opendoor Bought 4,865 Homes in Q3, but Sold Just 2,728, and Its Loss More Than Doubled appeared first on United States Real E…