We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
OPEN’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed in one quarter, delivering an average surprise of 4.1%.
Trend in Estimate Revision of OPEN
The consensus estimate for the company’s loss per share is pegged at 5 cents, whereas it reported a loss of 9 cents in the year-ago quarter. The bottom line is expected to have been affected by weak margins.
For revenues, the consensus mark is pegged at nearly $665.2 million, indicating a decrease of 42.3% from the prior-year quarter’s figure.
Factors Likely to Shape Opendoor’s Quarterly Results
Opendoor's first-quarter revenues are likely to have decreased year over year due to lower inventory levels carried into the quarter following an earlier high-spread acquisition strategy and continued clearing of older homes. The company is also expected to have seen pressure from the mix of legacy inventory, which has weighed on volumes and sales activity. In addition, a softer housing environment and pricing adjustments might have limited top-line growth.
However, these pressures are likely to have been partially offset by improving acquisition activity and better quality inventory being added during the quarter. Faster resale velocity, supported by improved pricing models and operational changes, is also expected to have supported transaction flow. Expansion of product offerings, wider geographic coverage and increased lead generation without incremental marketing spend might have provided some support to revenues.
The company is expected to report a loss per share in the first quarter due to continued investment in product development, automation and scaling efforts. Margin performance is likely to have remained under pressure from the sale of older inventory and the ongoing transition toward the new operating model. Operating costs tied to scaling the platform and improving the funnel are also expected to have weighed on profitability.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for OPEN this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
OPEN has an Earnings ESP of -12.50% and a Zacks Rank of 3 at present.
Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Computer and Technology sector, which, according to our model, have the right combination of elements to beat on earnings this season:
With an average surprise of 12.5%, Compass’ earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed in one quarter. Compass’ earnings for the to-be-reported quarter are expected to decline 240% year over year.
Cisco Systems (CSCO - Free Report) has an Earnings ESP of +0.13% and a Zacks Rank of 2.
With an average surprise of 2.9%, Cisco’s earnings beat estimates in each of the last four quarters. Cisco’s earnings for the to-be-reported quarter are expected to increase 8.3%.
CrowdStrike (CRWD - Free Report) has an Earnings ESP of +0.13% and a Zacks Rank of 3 at present.
For the quarter to be reported, CrowdStrike’s earnings are expected to increase 46.6%. CrowdStrike’s earnings beat estimates in each of the last four quarters, the average surprise being 6.7%.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Opendoor to Report Q1 Earnings: What's in Store for the Stock?
Key Takeaways
Opendoor Technologies (OPEN - Free Report) is scheduled to release its first-quarter 2026 results on May 7, after market close.
OPEN’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed in one quarter, delivering an average surprise of 4.1%.
Trend in Estimate Revision of OPEN
The consensus estimate for the company’s loss per share is pegged at 5 cents, whereas it reported a loss of 9 cents in the year-ago quarter. The bottom line is expected to have been affected by weak margins.
Opendoor Technologies Inc. Price and EPS Surprise
Opendoor Technologies Inc. price-eps-surprise | Opendoor Technologies Inc. Quote
For revenues, the consensus mark is pegged at nearly $665.2 million, indicating a decrease of 42.3% from the prior-year quarter’s figure.
Factors Likely to Shape Opendoor’s Quarterly Results
Opendoor's first-quarter revenues are likely to have decreased year over year due to lower inventory levels carried into the quarter following an earlier high-spread acquisition strategy and continued clearing of older homes. The company is also expected to have seen pressure from the mix of legacy inventory, which has weighed on volumes and sales activity. In addition, a softer housing environment and pricing adjustments might have limited top-line growth.
However, these pressures are likely to have been partially offset by improving acquisition activity and better quality inventory being added during the quarter. Faster resale velocity, supported by improved pricing models and operational changes, is also expected to have supported transaction flow. Expansion of product offerings, wider geographic coverage and increased lead generation without incremental marketing spend might have provided some support to revenues.
The company is expected to report a loss per share in the first quarter due to continued investment in product development, automation and scaling efforts. Margin performance is likely to have remained under pressure from the sale of older inventory and the ongoing transition toward the new operating model. Operating costs tied to scaling the platform and improving the funnel are also expected to have weighed on profitability.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for OPEN this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
OPEN has an Earnings ESP of -12.50% and a Zacks Rank of 3 at present.
Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Computer and Technology sector, which, according to our model, have the right combination of elements to beat on earnings this season:
Compass (COMP - Free Report) has an Earnings ESP of +33.33% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
With an average surprise of 12.5%, Compass’ earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed in one quarter. Compass’ earnings for the to-be-reported quarter are expected to decline 240% year over year.
Cisco Systems (CSCO - Free Report) has an Earnings ESP of +0.13% and a Zacks Rank of 2.
With an average surprise of 2.9%, Cisco’s earnings beat estimates in each of the last four quarters. Cisco’s earnings for the to-be-reported quarter are expected to increase 8.3%.
CrowdStrike (CRWD - Free Report) has an Earnings ESP of +0.13% and a Zacks Rank of 3 at present.
For the quarter to be reported, CrowdStrike’s earnings are expected to increase 46.6%. CrowdStrike’s earnings beat estimates in each of the last four quarters, the average surprise being 6.7%.