Opendoor Technologies (OPEN), once the darling of the pandemic housing boom, was left battered as rising interest rates and a frozen housing supply crushed its iBuying model. But 2025 has sparked a stunning comeback.
OPEN stock surged over 16.2% in a single session on Sept. 4. The next day, shares touched a 52-week high of $6.85, climbing 11.6% intraday on hopes of housing market stabilization, improved unit economics, and a path toward profitability. Opendoor President Shrisha Radhakrishna announced a “community hub” to deliver transparent updates and source questions from its passionate retail base — the self-styled “$OPEN Army.”
