Opendoor Q1 2025 Estimate Vol. 1

Opendoor announces Q1 2025 earnings 5/6 after market close. I recently published an update on Opendoor's early Q1 performance, highlighting the existential challenges facing the company as well as my stance on recent operating performance. 

Below you will find our current best estimate of Opendoor's Q1 result relative to guide. Recent changes in Zillow data have negatively impacted data collection, but we think we can still hit quite close to the mark.

 Looking forward to discussing Opendoor's turn-around story likelihood in the Discord.