Back to top

Image: Bigstock

Opendoor Technologies (OPEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Read MoreHide Full Article

Opendoor Technologies Inc. (OPEN - Free Report) reported $1.02 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 11.7%. EPS of -$0.07 for the same period compares to -$0.08 a year ago.

The reported revenue represents a surprise of -3.61% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being -$0.03, the EPS surprise was -133.33%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Opendoor Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Homes in inventory (at period end): 7,596 versus 7,369 estimated by two analysts on average.
  • Homes purchased: 4,865 versus 4,739 estimated by two analysts on average.
  • Homes sold: 2,728 versus 2,830 estimated by two analysts on average.

View all Key Company Metrics for Opendoor Technologies here>>>

Shares of Opendoor Technologies have returned -12.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in