Opendoor Tech Inc.($OPEN) Drops as Q3 Revenue Beat EstimatesOpendoor Technologies IncBATS:OPENDEXWireNewsOpendoor Technologies Inc. (NASDAQ: OPEN) delivered a mixed set of Q3 2025 results as the company transitions from a pure iBuying model toward an AI-driven operating structure under new CEO Kaz Nejatian. Revenue came in at $915 million, down 33.6% year-over-year but ahead of estimates at $851.7 million. The topline resilience was offset by weaker profitability as adjusted losses widened to $0.08 per share, missing consensus by one cent. The decline reflected lower resale volumes (2,568 homes sold vs. 3,615 last year) and a soft U.S. housing market, pressured by elevated mortgage rates and inventory reductions. Despite short-term headwinds, Opendoor’s management reiterated its goal of achieving sustained profitability by late 2026, with an expanded focus on AI-led pricing tools, digital onboarding, and operational automation. The company expects its new tech-centric model to enhance efficiency, reduce carrying costs, and restore gross margins over the next 12–18 months. Shares of Opendoor fell nearly 15% post-earnings, reflecting investor caution amid the company’s ongoing structural transformation. Technically, OPEN trades near $6.56, correcting sharply from recent highs around $10. The weekly chart shows strong historical support around $5, the same zone that preceded its last breakout. Holding this area could set up a mid-term reversal pattern, potentially paving the way for a rebound toward the $11–$12 range if volume strengthens and broader housing sentiment stabilizes. Volume analysis shows accumulation spikes near the $6 level, hinting at early dip-buying interest from value-focused investors. A close below $5, however, could invalidate the bullish setup and reopen risk toward $3.