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Opendoor Technologies Appoints Interim CEO Amid Leadership Change

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Opendoor Technologies Appoints Interim CEO Amid Leadership Change

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An update from Opendoor Technologies ( (OPEN) ) is now available.

On August 15, 2025, Opendoor Technologies announced that Carrie Wheeler stepped down as CEO and board member, with Shrisha Radhakrishna appointed as interim principal executive officer. Wheeler will remain as an advisor to ensure a smooth transition until the end of 2025, while the board searches for a permanent successor. Eric Feder was appointed as Lead Independent Director to assist during the transition. Radhakrishna, previously the Chief Technology & Product Officer, brings experience from LegalZoom and Intuit, enhancing Opendoor’s leadership during this period of change.

The most recent analyst rating on (OPEN) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Opendoor Technologies stock, see the OPEN Stock Forecast page.

Spark’s Take on OPEN Stock

According to Spark, TipRanks’ AI Analyst, OPEN is a Neutral.

Opendoor Technologies’ overall stock score reflects its challenging financial performance and valuation concerns, despite positive technical indicators and strategic progress highlighted in the earnings call. The company’s ability to navigate the difficult housing market and improve profitability will be crucial for future performance.

To see Spark’s full report on OPEN stock, click here.

More about Opendoor Technologies

Opendoor Technologies Inc. operates in the real estate industry, primarily focusing on buying and selling residential properties through its digital platform. The company aims to simplify the home buying and selling process, offering services that streamline transactions and provide convenience to homeowners.

Average Trading Volume: 194,461,138

Technical Sentiment Signal: Buy

Current Market Cap: $2.24B

Find detailed analytics on OPEN stock on TipRanks’ Stock Analysis page.

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