Opendoor Technologies shares traded near 52-week lows around $2.37–$2.43 during the final week of September 2026, pressured by a sharp revenue decline and persistent housing sector headwinds. The company reported Q2 revenue of $883 million, down 44% year over year, alongside ongoing net losses, while new CEO Kaz Nejatian outlined an “Opendoor 2.0” strategy emphasizing faster home acquisitions, AI-driven operations, and mortgage lending expansion across additional states. Elevated Treasury yields and mortgage rates continued to weigh on iBuyer margins and transaction volumes, contributing to the stock’s 24% drop over the prior month. Next-quarter results, slated for early November, and any updates on contribution margin guidance or acquisition pace represent key near-term catalysts for price action.