Stock surge of Opendoor Technologies today explained

In a recent development, Opendoor Technologies, the digital real estate platform, has experienced a significant surge in its stock price on Friday. As of 12:30 p.m. ET, the share price of Opendoor is up 8.9%, marking a notable increase in its value.

The rally in Opendoor's stock can be partly attributed to excitement surrounding new artificial intelligence tools and a transition in the CEO role. Additionally, speculative meme stock trading seems to have played a role in the surge.

As of the current price, Opendoor Technologies has a market cap of $5 billion. This surge has resulted in a massive rally for the company in 2025, with the stock price currently up roughly 306% year to date.

However, it's important to note that this stock is considered a high-risk bet. The day's trading range for Opendoor Technologies' stock is between $5.91 and $6.85, reflecting the volatility associated with such speculative stocks.

Investors are hoping that Opendoor could be in the early stages of a Carvana-like turnaround. Lower interest rates could allow Opendoor to refinance its debt at more favorable interest levels, potentially contributing to its long-term growth.

The stock market, including speculative stocks like Opendoor, often sees positive valuation catalysts with lower interest rates. In fact, the weak jobs report released earlier, which showed that the U.S. economy added 22,000 non-farm jobs last month, significantly less than the average forecast of 75,000 jobs, increases the likelihood of an interest rate cut by the Federal Reserve on Sept. 16 and 17.

While Opendoor Technologies was not included in The Motley Fool Stock Advisor's list of the 10 best stocks for investors to buy now, it's worth mentioning that the total average return of Stock Advisor is 1,065%, significantly higher than the S&P 500's 186%. As of August 25, 2025, the returns for Netflix and Nvidia, when they were recommended by Stock Advisor, were $678,148 and $1,052,193 respectively, if $1,000 was invested at the time of recommendation.

In September 2025, the institution overwhelmingly buying Opendoor Technologies shares was Khosla Ventures, which along with Eric Wu participated in a private placement injecting $40 million into the company.

As always, investors are advised to conduct thorough research and consider their risk tolerance before making investment decisions.