Opendoor Technologies Inc (NASDAQ:OPEN) stock is trading lower Thursday morning as weakness in real estate-linked names spilled over from Wednesday’s session. Here’s what investors need to know.
- Opendoor Technologies stock is showing notable weakness. What’s behind OPEN decline?
Opendoor Trades Lower As Sector Fears Linger
The move follows a sharp Wednesday sell-off in traditional real estate services stocks after a Bloomberg report highlighted growing investor anxiety about how new artificial-intelligence tools could disrupt fee-heavy, labor-intensive business models.
Peers in the brokerage and services space tumbled on what Keefe, Bruyette & Woods analyst Jade Rahmani dubbed the latest "AI scare trade," with CBRE Group, Jones Lang LaSalle and Cushman & Wakefield all posting double-digit percentage declines in Wednesday's session.
AI Disruption Fears Pressure Real Estate Platforms
Although Opendoor operates a tech-first iBuying platform rather than a traditional brokerage, investors are potentially grouping the stock with broader real estate plays seen as potentially vulnerable to AI-driven disintermediation of the home-buying process.
Sentiment around online real estate platforms also remains fragile after Zillow Group shares plunged on Wednesday, their worst trading session in years, following a sharp reaction to the company's latest update.
Traders often view Zillow as a bellwether for digital housing demand, and its selloff has spilled over into peers like Opendoor as investors reassess exposure to housing- and fee-dependent business models.
Earnings Next Thursday Are The Next Catalyst
Opendoor is scheduled to report quarterly results next Thursday, Feb. 19, after the market close. Investors will watch for commentary on transaction trends, profitability and the company's own use of AI in pricing and underwriting homes.
Stronger-than-expected guidance or a clearer roadmap to sustainable margins could help stabilize the stock. A weaker outlook, however, may reinforce concerns driving this week's AI-linked selloff.
Opendoor RSI Signals Cooling Momentum After Sharp Rally
The RSI for Opendoor surged into overbought territory during the stock's explosive rally toward $10 in fall 2025, reflecting intense buying momentum at the peak.
It has since pulled back toward more neutral levels, indicating cooling momentum and a potential consolidation phase as traders await the company's upcoming earnings catalyst.
Benzinga Edge Rankings
According to Benzinga Edge Stock Rankings, Opendoor carries a standout Momentum score of 97.98, signaling exceptionally strong recent price performance relative to peers.
OPEN Shares Slide Thursday
OPEN Price Action: Opendoor Technologies shares were down 8.40% at $4.35 at the time of publication on Thursday, according to Benzinga Pro data.
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