Why Opendoor Technologies Stock Is Gaining Today

Key Points

• Opendoor Technologies stock is climbing despite no obvious catalysts today.

• Some meme stocks are seeing strong gains despite mixed momentum for the broader market.

• 10 stocks we like better than Opendoor Technologies ›

Opendoor Technologies (NASDAQ: OPEN) stock is in the green in Friday's trading. The company's share price was up 3.3% as of 2:30 p.m. ET and had been up as much as 10.2% earlier in the daily session.

Despite the absence of any big, company-specific news, Opendoor stock opened today's trading with huge gains. While the stock has given up most of the rally it saw early in the session, it's still up 417% across this year's trading as of this writing.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

Image source: Getty Images.

Opendoor rises amid mixed market sentiment

Despite mixed movement for the broader market today, Opendoor stock is managing to post solid gains. Even though the Nasdaq Composite was down 0.4% as of 2:30 p.m. ET, the S&P 500 was up 0.1% at the same point in the day's trading. While this setup for the broader market might normally suggest that speculative meme stocks would see some pullbacks, Opendoor and some other speculative meme stocks are still seeing bullish momentum.

What's next for Opendoor?

Opendoor is in the early stages of a transitional pivot that will see the company significantly trimming its employee headcount and devoting more resources to improving efficiency through artificial intelligence (AI). The strategy has the potential to significantly improve the company's margins and pave a possible pathway to profitability, but the stock continues to look like a risky play on the heels of the incredible valuation gains it's registered this year.

If Opendoor's turnaround strategy proves to be effective and coincides with big improvements for user engagement across its iBuyer real estate platform, the stock could see big gains above current levels. On the other hand, there are a lot of moving pieces involved in the company's comeback strategy -- and the stock continues to look very risky.

Should you invest $1,000 in Opendoor Technologies right now?

Before you buy stock in Opendoor Technologies, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Opendoor Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $626,942!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,157,870!*

Now, it’s worth noting Stock Advisor’s total average return is 1,063% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of September 29, 2025

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.