Opendoor is surging on real estate X thanks to a credible comeback narrative, an unusually candid CEO and earnings calls treated like viral content.
Opendoor saw revenue drop 17.9 percent to $4.37 billion in 2025. However, a quarter-over-quarter transaction rally from Q3 to Q4 has given company leaders – and investors — hope in a return to profitability.
Lucas Matheson of Coinbase Canada has been named president and Christy Schwartz, who had been interim CFO, has officially been given the title on a permanent basis.
Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging.
Christy Schwartz, the iBuyer’s longtime chief accounting officer, was named interim CFO. She’ll replace Selim Freiha, who served as CFO for less than a year.
The old paradigm of iBuying is over, Revaluate's Chris Drayer writes. Whatever happens next may put real estate agents back at the center of the transaction.
Investors who kept the faith even as the iBuyer's stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO.
Nejatian has a background as a lawyer, and most recently helped build teams and products at Shopify since 2019. His appointment follows Carrie Wheeler's resignation last month.
After a stock rally and CEO ouster, investors are turning their attention to what’s next for Opendoor. Some say the company must work with agents. Others disagree.
After months of investor criticism, Carrie Wheeler has resigned as Opendoor CEO. A search for a new CEO is now underway as Shrisha Radhakrishna takes the reins in the interim.
Investor Eric Jackson takes credit for leading retail investors to buy a stock that was worth 51 cents a month ago. Next, he wants to join the board of directors and oust CEO Carrie Wheeler.
Opendoor managed to increase its revenue and cut its losses in a reassuring sign for investors just a few months after the iBuyer was at risk of being delisted from the stock market. However, the company also said it expects lower acquisition and resale volume for the rest of the year, due to macro-economic factors.