opendoor technologies stock rise today: Opendoor stock skyrockets 22% — why has the rally gained momentum in recent days?

Opendoor Technologies stock rose more than 22% on Tuesday after a fresh wave of retail investor excitement and activist sentiment after a public comment from EMJ Capital Founder Eric Jackson, who expressed his interest in engaging in shareholder activism to unlock what he considers a significant upside for the iBuyer platform, as reported by Investing.com.

Opendoor Stock Soars 22% Amid Activist Buzz and Investor Optimism

He post on social media platform X, saying, “But if standing between a 50¢ stock and an $82 one is what it takes — and shareholders want it — I’ll saddle up again for OPEN,” as quoted in the report. Jackson pointed out that, “You don’t get to $82 through M&A. You get there by grinding, executing, and proving the model,” as quoted by the Investing.com report.
Meanwhile, Randian Capital has pointed out that the easing inflation data could be a potential tailwind for Opendoor’s core business, as per the report. Randian Capital explained that, “We agree that OPEN has a lot of upside at current levels. We would emphasize that rates are coming down, it’s simply a matter of time,” and added that it is “optimistic current management can execute on the opportunity ahead,” as quoted by Investing.com report.
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Opendoor’s Stunning Comeback from a 52-Week Low

Opendoor stock has increased 85.71% over the past month, which is a massive shift for a company that just weeks ago was flirting with penny stock status, hitting a 52-week low of $0.51 on June 26th, 2025, as reported by Asktraders.

While the firm has faced challenges due to rising interest rates and declining US housing activity, Opendoor’s stock has been on a tear lately, and several key developments appear to be driving the momentum, according to the report.

Q1 Earnings Show Signs of Stability

First, the company’s first-quarter earnings report from May 6th offered a bit of much-needed optimism as Opendoor posted $1.2 billion in revenue, up 6% from the previous quarter, and managed to shrink its net loss to $85 million, which was down from $109 million a year earlier, as reported by Asktraders. While the number of homes sold dropped slightly year-over-year to 2,946, the company’s inventory grew to 7,080 homes valued at $2.4 billion, that indicates that Opendoor is positioning itself for a possible rebound in housing demand, according to the report.

Optimistic Guidance for Q2 2025

While the company’s forward guidance has really caught investors’ attention, as for the second quarter of 2025, Opendoor is projecting revenue between $1.45 billion and $1.525 billion and expects to finally post a positive Adjusted EBITDA in the range of $10 million to $20 million, according to the Asktraders report. If that forecast holds, it would mark a major step toward turning the corner on profitability, as per the report.

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Expanding the Agent Partnership Program

Opendoor has also been rolling out strategic changes aimed at reshaping how it does business, with one of the more promising moves being the expansion of its agent partnership program, as per the Asktraders report. By bringing real estate agents directly into its ecosystem, the company is giving home sellers more flexibility—and potentially gaining traction in local markets where personal relationships and agent expertise still matter a lot, according to the report. These partnerships could help boost transactions and give Opendoor a stronger competitive edge, as per Asktraders.

Reverse Stock Split Vote Looms

Another aspect that is on investors’ radar is the company’s proposed reverse stock split, according to the report. The plan, which would consolidate shares at a ratio between 1-for-10 and 1-for-50, is set to be voted on at a shareholder meeting on July 28th, as reported by Asktraders. While reverse splits don’t change the actual value of a company, they can make shares more appealing to institutional investors and help ensure Opendoor keeps its Nasdaq listing requirements, according to the Asktraders report.

FAQs

How has Opendoor’s stock performed recently?
It’s up over 85% in the past month, bouncing back from a 52-week low of $0.51 on June 26.

When is the reverse split vote happening?
Shareholders will vote on it during a meeting scheduled for July 28.