Opendoor

Opendoor Technologies has privately placed senior unsecured convertible notes with a principal amount of $650 million maturing Aug. 15, 2030. The securities carry no regular coupon; the initial conversion rate is about $4.71 per share (a 35% premium to the last reported price) and could on conversion issue up to 137.96 million common shares (maximum ~186.25 million). The company entered into capped‑call hedges with a cap of $6.98 and simultaneously repurchased shares; it also reported Q2 results that missed analyst expectations. The notes include customary redemption and default provisions as well as terms for early conversion and repurchase upon certain corporate events. » More on de.investing.com

Opendoor reported Q2 2026 revenue of $883.0 million (expectation $902.6 million) and a loss of $0.17 per share (expectation -$0.08). The company significantly expanded purchases (4,378 homes, +77% vs. prior quarter) and raised contribution to $51 million with a margin of 5.8%, while marketing costs fell to $5 million. The stock rose in regular trading but fell after hours as investors weighed the missed results against operational progress. Management reiterated its goal of achieving adjusted net profitability on a next-12-month basis by the end of 2026. » More on de.investing.com

Opendoor Technologies will publish results for the quarter ended June 30, 2026 on August 4, 2026. Analyst consensus (8 analysts) expects earnings per share of -$0.071 and revenue of $906.0 million, which would imply year‑over‑year declines of about 77.5% in EPS and 42.2% in revenue. For the fiscal year, analysts on average estimate a loss per share of -$0.393 and revenue of around $3.93 billion. » More on finanzen.net