There’s been a lot going right for Opendoor Technologies (OPEN) stock in 2025. EMJ Capital’s Eric Jackson spurred a rally in the online home-flipping stock when he suggested this summer that it could be the next Carvana (CVNA), which achieved a 100 times return over the last three years. That put Opendoor squarely in meme-stock status—something that it’s still benefiting from.
Opendoor changed management, bringing in Shopify’s (SHOP) chief operating officer, Kaz Nejatian, as CEO, and two founders returned to the board of directors. It’s also sure to benefit from the Federal Reserve’s move to slowly lower interest rates the rest of the year. All told, Opendoor stock is up more than 450% just this year—and seems well on its way to Jackson’s prediction.
