Analysts Set Offerpad Solutions Inc. (NYSE:OPAD) Target Price at $2.41

Shares of Offerpad Solutions Inc. (NYSE:OPAD) have received an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating. The average 1 year price objective among brokerages that have covered the stock in the last year is $2.4125.

Several equities analysts recently issued reports on OPAD shares. Keefe, Bruyette & Woods lifted their price objective on Offerpad Solutions from $1.00 to $1.15 and gave the stock a “market perform” rating in a report on Tuesday, August 12th. Wall Street Zen raised Offerpad Solutions to a “sell” rating in a report on Friday, August 22nd.

Offerpad Solutions Stock Performance

Shares of OPAD stock opened at $4.98 on Tuesday. The stock has a fifty day moving average price of $2.41 and a 200 day moving average price of $1.71. The stock has a market cap of $152.29 million, a PE ratio of -2.42 and a beta of 2.40. Offerpad Solutions has a 1 year low of $0.91 and a 1 year high of $6.35.

Offerpad Solutions (NYSE:OPAD) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.01). The firm had revenue of $160.30 million for the quarter, compared to analyst estimates of $178.91 million. Offerpad Solutions had a negative return on equity of 132.77% and a negative net margin of 8.08%. Offerpad Solutions has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Offerpad Solutions will post -2.16 earnings per share for the current year.

Hedge Funds Weigh In On Offerpad Solutions

A number of institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in shares of Offerpad Solutions by 69.6% in the first quarter. AQR Capital Management LLC now owns 24,308 shares of the company’s stock worth $40,000 after acquiring an additional 9,979 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Offerpad Solutions in the fourth quarter valued at $34,000. Northern Trust Corp grew its position in shares of Offerpad Solutions by 22.1% in the fourth quarter. Northern Trust Corp now owns 95,866 shares of the company’s stock valued at $273,000 after purchasing an additional 17,322 shares during the period. XTX Topco Ltd purchased a new stake in shares of Offerpad Solutions in the first quarter valued at $32,000. Finally, Deutsche Bank AG purchased a new stake in shares of Offerpad Solutions in the fourth quarter valued at $111,000. 39.44% of the stock is owned by institutional investors and hedge funds.

Offerpad Solutions Company Profile

Offerpad Solutions Inc, together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online.