Opendoor Technologies is trading 4.3% down now at $2.87 after CEO Kaz Nejatian said the company has not yet reached Adjusted Net Income break-even, delaying expected profitability by six to eight weeks.
- A sharp late-August housing downturn slowed sales and kept delistings elevated.
- Third-quarter revenue is expected to grow 10%–15% year over year; forward 12-month ANI profitability remains targeted by year-end 2026.