What's Next for Opendoor? $39M Settlement, Investor Concerns, And Margin Pressure
1. Opendoor faces scrutiny after a $39 million settlement for misrepresentation. 2. The company’s share price collapsed 94% since its IPO, indicating significant investor loss. 3. Q1 2025 revenue was $1.2 billion, with strained profitability and increasing cash burn. 4. Leadership changes aim to pivot towards AI and reduce operational costs significantly. 5. Future profitability depends on the successful scaling of an agent partnership model.