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Opendoor reports deeper Q2 losses and weak sales, maintaining a sell rating amid ongoing struggles.

Company Fundamentals
09 Aug 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Opendoor Technologies reported worsening losses and weak transaction volumes in its Q2 earnings, highlighting ongoing challenges in its business model to generate sustainable profits. Despite recent management changes, the company has not shown significant improvement, with heavy share dilution and stock-based compensation further reducing shareholder value. Given the continued losses and a weak housing market, the analyst maintains a sell rating, seeing little reason for Opendoor's stock to trade above its book value.

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