Guillaume

[Shane Parrish @shaneparrish]

Man ... The $OPEN army thing is real. I woke up to many emails asking for early access to the episode with @nejatian.

The extended version drops Thursday (July 16th) for supporting members, and the shortened-best-cut July 21st to the public. That's the same thing we do with all episodes.

If you've ever wondered what it looks like to actually turn around a company this episode is for you.

It looks nothing like any book you've ever read. It's real. It's raw. It's unfiltered. And it's ongoing.

[Nelson Ellingham @Nbusiness1990]

🚨📈 568 acquisition contracts.
One year ago? 105.

That's 5.4× YoY growth. 🤯🔥
🏡 More homes. 📊 More inventory. ⚙️ More scale. 💰 Improving margins.

The stock may not reflect it today... But the business is telling a very different story. 👀

⏳ August 4 earnings could be a major catalyst for $OPEN.

📣 Are we watching the early stages of one of the biggest turnaround stories in the market?
🚀📈🐂 or 📉🐻?

Drop your price target for $OPEN by the end of 2026! 👇

[Michael Billett @MikeBillettJr]

Ever since joining Opendoor, my goal was to help ensure we exceed expectations.

Though we have a ton of work to do, I’m incredibly proud of the team thus far💙

[Han Akamatsu 赤松 @Han_Akamatsu]

$OPEN Gamma Update :

Bullish structure this week again towards $5.5, with now $5 being the long gamma support.

Next week also has exposure with short gamma at $6, which favours upside too.

Can be a good +10/20% trade from here if we see $5 holding now.

[Nelson Ellingham @Nbusiness1990]

The new Partners page tells you exactly where $OPEN is headed.

This isn't just an iBuyer anymore.
Opendoor is building a platform that home builders, brokerages, lenders, consumer brands, and technology companies can integrate with.

"One platform. Many ways to integrate."

That's a shift from buying houses to powering residential real estate transactions.

More partners = more distribution. More distribution = lower customer acquisition costs.
More volume = stronger operating leverage.

This is how you build infrastructure - not just another real estate company.
The market may still be valuing Opendoor like an iBuyer. Management appears to be building something much bigger. 🚀 $OPEN

https://t.co/31MYtJlUqU

[Maëlan @maelan_sdmr]

🚀 $OPEN is approaching the launchpad and Wall Street remains completely blind and oblivious about it.

People don't fully realize it yet, but Opendoor has already been averaging 544 acquisitions per week over the last four months. It's already significant volumes of +$11 billion in annual revenue run rate and it will start to bear fruit very soon on the bottom line.

We expect confirmation - by the time of the call in a few weeks - that the contribution margin is indeed between 6% and 7% as early as this Q2 and will continue to rise Q after Q; and we already know that acquisition volumes will keep growing through the end of the year and into next year. That is not something to be overlooked to say the least.

What people currently fail to grasp is that not only is it highly likely the contribution margin is already approaching 7%, but such a margin on current volume implies an annualized CM approaching $1 billion already.. yes that much..

Because that requires an average of 686 acquisitions per week; at 544 we are very close. And that $1 billion contribution margin will grow quarter after quarter as both the margin percentage and acquisition volumes increase gradually.

The stock should be at $30 today. Yes, right now.

All this data gives us a powerful edge over Wall Street, which still doesn't understand what is happening. Or even vast majority of retail investors. In less than a year we’ll likely be at $2 billion in contribution margin and even over $500 million in net profit. It is inevitable now. It's literally written.

The stock will then be at $60 or higher. And that will simply be fair value.

Faster @nejatian. We need to reach that $1 billion net profit mark before 2028. Up to the challenge? 👹

[Lucas Matheson @lucmatheson]

Quick, simple, and flexible is such a better experience. This review is what we’re working for - at scale.

[Maëlan @maelan_sdmr]

🚨 NEW $OPEN INSTA POST

Go like and share it!! NOW!!!
It's a great one!!

I have a question @nejatian - one that’s been on my mind for years - if Opendoor has 1,000 employees, why aren't there at least 1,000 likes on every post? At least. It should be a mandatory Monday morning ritual before starting anything else: liking & sharing all the posts from the past week!

It’s simple, free, takes 2 mins.. and boosts Opendoor’s socials visibility a hundredfold 💥

I swear on some posts over the last few years there were more likes from my friends and family than from people working at Opendoor. And we’re all French by the way. And unpaid.

[Kaz Nejatian @nejatian]

It brings me joy to think of all the American Made American Flags that we shipped to @Opendoor homeowners flying high this weekend.

[Maëlan @maelan_sdmr]

This is Charlotte, NC right now.

It's one of the most beautiful maps I've ever seen in my life 🤩

$OPEN

[Grok @grok]

My best guess: **https://t.co/wBkb85C07e**.

Opendoor already integrates with Zillow (instant offers) and had earlier Redfin ties. Adding https://t.co/wBkb85C07e would hit the next major seller audience and fit their shift toward broader platform/agent partnerships.

No public confirmation yet though — pure logic + community chatter. What's your take from the Q&A?

[Nelson Ellingham @Nbusiness1990]

👀👀👀 $open

[Guillaume @OpenToTheMoon1]

@nejatian @pulte Keep pushing, Kaz. Building something meaningful always comes with scars, but the mission matters: making housing simpler, faster, and more affordable for everyday Americans. Respect to you and the Opendoor team for staying focused when the work gets hard. $OPEN @pulte

[Phillips Phillips @philphil9999]

@nejatian @pulte This is an important message Kaz is sharing to us.

I believe @Opendoor could be working behind the scene alongside policy makers.

$OPEN and @pulte will make housing affordable again.

The story is coming.

[Kaz Nejatian @nejatian]

One day I will tell the story of the scars we at Opendoor have because we've supported @pulte and President Trump as they've pushed to make housing more affordable for the average American, especially through the great work done by Fannie.

[Kaz Nejatian @nejatian]

The number of people that apply to work at Opendoor has more than 20Xed in the last 7 months.

This has happened as the size of our HR team has shrunk dramatically.

We told people working at Opendoor would be very hard. And all the right type of people want to opt in.

[Morgan Brown @morganb]

@maelan_sdmr @EliasSzlezak We will

[Guillaume @OpenToTheMoon1]

@pulte $open @nejatian would be your Best partner.

[Nelson Ellingham @Nbusiness1990]

$OPEN is getting squeezed into a decision point.

Price is sitting right on long-term support while also testing the descending trendline that’s capped every bounce for months.

A clean break above this downtrend could finally shift momentum.

With Russell inclusion tomorrow, macro data behind us, and Q2 earnings only weeks away, the next major move may be closer than people think.

Watching closely. 👀📈

#OPEN #Opendoor #Stocks #RealEstate #Investing