{
  "id": 10452080,
  "title": "Opendoor Technologies stock hits 52-week low at 2.52 USD",
  "url": "https://urgent.news/2026/09/28/opendoor-technologies-stock-hits-52-week-low-at-2-52-usd",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T13:32:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/opendoor-technologies-stock-hits-52week-low-at-252-usd-93CH-4920557"
  },
  "original_language": "en",
  "account": "Opendoor Technologies Inc. has seen its stock plunge to a 52-week low, trading at $2.52 per share. This represents a staggering 68.66% decline over the past year. The company's struggles extend beyond market volatility; in the last fiscal year, Opendoor posted a meager gross profit margin of just 8.6%, while revenue shrank by 37% compared to the previous year. The stock's beta of 3.56 indicates a high degree of price fluctuation. According to InvestingPro analysis, which provides in-depth insights on thousands of US equities, the stock appears overvalued at its current price point. Analysts have been closely tracking the performance of the $2.5 billion company amidst broader economic headwinds and sector-specific challenges. In its recent quarterly earnings report for Q2 2026, Opendoor missed Wall Street's expectations, reporting $883 million in revenue - $19.62 million below the forecasted $902.62 million. The company also recorded a loss of $0.17 per share, significantly worse than the anticipated loss of $0.08 per share. Despite these setbacks, Opendoor noted positive trends in its home acquisition business and margin expansion. The company bolstered its financial strategy with the issuance of $650 million in convertible senior notes due 2030, a debt instrument that can be converted into shares under certain conditions. Investors like Citizens have maintained a Market Perform rating on Opendoor, expressing confidence in the company's revenue growth trajectory and technological advancements under the leadership of CEO Kaz Nejatian.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Whirlpool stock hits 52-week low at 30.91 USD",
        "url": "https://urgent.news/2026/09/28/whirlpool-stock-hits-52-week-low-at-30-91-usd",
        "published": "2026-09-28T13:32:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}