Opendoor Technologies Inc (MEX:OPEN1)
MXN 86.9 +0.81 (+0.94%) Market Cap: 82.82 Bil Enterprise Value: 88.76 Bil PE Ratio: 0 PB Ratio: 4.95 GF Score: 52/100

Opendoor Technologies Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 18, 2026 / 01:45PM GMT
Release Date Price: MXN73.71 (-3.90%)
Dae Lee
JPMorgan - Analyst

Yes, we're good, yes.

Okay, we're live, okay. All right, we're going to get started. I'm De Lee, JP Morgan's internet analyst, and we're pleased to have here with us, Open Door CEO, Kaz Mizatin.

Kaz Nejatian
Opendoor Technologies Inc - Chief Executive Officer, Director

That was good, that was as good as anyone does that last name, man.

Dae Lee
JPMorgan - Analyst

Okay, that's great, I practiced.

Okay, so Open Door is the leading digital platform for homes.

Buying and selling powered by AI driven pricing and operations in 1Q open had contracts to purchase over 5,000 homes which is a lot probably the biggest home purchaser in the US and it's the highest acquisition level since 2022 and Kaz became CEO in fall 2025 after time as COO at Shopify and leadership positions at PayPal and LinkedIn so Builder and a tech native. And he is the architect behind OpenDoor 2.0, a faster, volume-driven, AI-powered model.

And we'll dig into all of this today. So Cass,

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