Opendoor Turns a Corner, but the Stock Is Still Down 86%. Is Now the Time to Buy?

The Motley Fool
by newsfeedback@fool.com (Jennifer Saibil)
February 26, 2026
AI-Generated Deep Dive Summary
Opendoor Technologies (NASDAQ: OPEN) has made strides under its new CEO, Adrian Kantrowitz, following a leadership change in September. The company's latest earnings report reflects early progress in its growth strategy, with the stock experiencing a notable rise post-earnings. Despite this upward movement, Opendoor’s shares remain significantly undervalued, down 86% from all-time highs. This sharp decline has sparked debate among investors: is now the time to capitalize on potential recovery, or are risks still too high? The company's stock decline was fueled by prior concerns over market saturation and economic downturns, which led to reduced demand for its home-purchasing services. Kantrowitz has shifted focus toward profitability and operational efficiency, aligning with a broader strategy to stabilize the business. While Opendoor’s recent financial performance indicates progress, questions linger about the sustainability of this turnaround. Investors are weighing the potential upside against lingering doubts about the company’s long-term viability. Some see the current stock price as a bargain, while others remain cautious, citing past missteps and uncertain market conditions. The jury is still out on whether Opendoor can fully recover or if it will continue to struggle under new leadership. For readers interested in finance and investing, this situation highlights the complexities of identifying undervalued opportunities versus waiting for a rebound that may never come. Opendoor’s story also underscores broader trends in real estate technology and the challenges faced by growth-oriented companies seeking to pivot and thrive.
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Originally published on The Motley Fool on 2/26/2026