OPAD stock icon

Offerpad Solutions

4.26 USD
-0.63
12.88%
Updated Dec 5, 1:57 PM EST
1 day
-12.88%
5 days
-11.98%
1 month
34.81%
3 months
19.33%
6 months
-11.25%
Year to date
-56.75%
1 year
-57.40%
5 years
-97.21%
10 years
-97.21%
 

About: Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, renovation and buyer representation services.

Employees: 350

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

13% more funds holding

Funds holding: 45 [Q2] → 51 (+6) [Q3]

2.13% more ownership

Funds ownership: 58.69% [Q2] → 60.82% (+2.13%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

5% less capital invested

Capital invested by funds: $70.8M [Q2] → $67.5M (-$3.28M) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$3
30%
downside
Avg. target
$3.08
28%
downside
High target
$3.15
26%
downside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Ryan Tomasello
67% 1-year accuracy
4 / 6 met price target
26%downside
$3.15
Market Perform
Maintained
6 Nov 2024
Jefferies
John Colantuoni
77% 1-year accuracy
10 / 13 met price target
30%downside
$3
Hold
Maintained
22 Oct 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Cortney Read - Chief, Staff Brian Bair - Chairman & CEO Peter Knag - CFO Conference Call Participants Dae Kyu Lee - J.P. Morgan Ryan Tomasello - Stifel Luke Meindl - JMP Securities John Colantuoni - Jefferies Operator Hello, and welcome to the Offerpad Third Quarter 2024 Earnings Conference Call.
Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Offerpad Solutions Inc. (OPAD) Reports Q3 Loss, Tops Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.73 per share a year ago.
Offerpad Solutions Inc. (OPAD) Reports Q3 Loss, Tops Revenue Estimates
Neutral
Business Wire
1 month ago
Offerpad Reports Third Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. today released financial results for the three months ended September 30, 2024.
Offerpad Reports Third Quarter 2024 Results
Neutral
Business Wire
1 month ago
Offerpad to Release Third Quarter Results on November 4th
CHANDLER, Ariz.--(BUSINESS WIRE)-- #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2024 financial results on Monday, November 4, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Thos.
Offerpad to Release Third Quarter Results on November 4th
Neutral
Business Wire
3 months ago
Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman and CEO, will participate in a fireside chat at 8:50 am PT on Tuesday, September 10, 2024 at the Goldman Sachs Communacopia + Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad's Investor Relations website at investor.offerpad.com. A we.
Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology Conference
Neutral
Seeking Alpha
4 months ago
Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Brian Bair - Chairman & CEO Peter Knag - CFO Taylor Giles - IR Conference Call Participants Nick Jones - JMP Securities Ryan Tomasello - Stifel Michael Ng - Goldman Sachs John Colantuoni - Jefferies Dae Lee - J.P. Morgan Operator Good afternoon.
Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript
Negative
Zacks Investment Research
4 months ago
Offerpad Solutions Inc. (OPAD) Reports Q2 Loss, Misses Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.84 per share a year ago.
Offerpad Solutions Inc. (OPAD) Reports Q2 Loss, Misses Revenue Estimates
Neutral
Business Wire
4 months ago
Offerpad Launches "Powered By Offerpad" Portal, Elevating Agent Partner Experience with Innovative Tools and Resources
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, announced its launch of Powered By Offerpad (PBO), a new online portal for agents and agent teams who are part of the company's Pro and Max agent programs. Offerpad continues to be a trusted leader among the agent community with its commitment to providing simple real estate solutions for all through its proprietary technology. The new portal launched.
Offerpad Launches "Powered By Offerpad" Portal, Elevating Agent Partner Experience with Innovative Tools and Resources
Neutral
Business Wire
4 months ago
Offerpad Reports Second Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2024. “During the second quarter, we delivered revenue within our guidance and sequential improvement in Adjusted EBITDA. Our focus on expense management, and the continued growth in our asset light platform services, drove improvement in gross margin, contribution margin, and Adjust.
Offerpad Reports Second Quarter 2024 Results
Positive
Seeking Alpha
4 months ago
Offerpad Solutions: Now Is The Time To Go Against The Crowd
Offerpad shares have dropped over 60% in the past year, presenting a contrarian buying opportunity based on quantitative factors. Stocks with significant price declines, like Offerpad, have shown potential to outperform the S&P 500 over 1-3 year timeframes according to a study done by The Brandes Institute. Offerpad appears to have the financial flexibility essential to navigate their issues.
Offerpad Solutions: Now Is The Time To Go Against The Crowd
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