Opendoor's 'Major Transformation Is Underway' — With 2026 Breakeven In Sight, JPMorgan Says

1. Opendoor's transformation aims for profitability by 2026 with a volume-driven strategy. 2. JPMorgan projects a target price of $8 by December 2026 for OPEN. 3. Fourth-quarter acquisitions are expected to increase by at least 35%. 4. The company leverages AI to enhance transaction efficiency and profitability. 5. This turnaround depends heavily on management's ability to control costs.