Offerpad Solutions Inc. (NYSE:OPAD) Receives $2.41 Average Target Price from Brokerages

Shares of Offerpad Solutions Inc. (NYSE:OPAD) have been given a consensus recommendation of “Reduce” by the seven research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $2.4125.

OPAD has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods raised their price objective on Offerpad Solutions from $1.00 to $1.15 and gave the company a “market perform” rating in a research report on Tuesday, August 12th. Wall Street Zen raised shares of Offerpad Solutions from a “sell” rating to a “hold” rating in a report on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Offerpad Solutions in a report on Saturday, September 27th.

Offerpad Solutions Stock Up 1.3%

Shares of Offerpad Solutions stock opened at $4.05 on Friday. The firm has a market cap of $123.85 million, a price-to-earnings ratio of -1.97 and a beta of 2.34. The business has a 50-day moving average price of $3.26 and a 200-day moving average price of $2.00. Offerpad Solutions has a twelve month low of $0.91 and a twelve month 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 for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.01). The firm had revenue of $160.30 million for the quarter, compared to analysts’ expectations of $178.91 million. Offerpad Solutions had a negative net margin of 8.08% and a negative return on equity of 132.77%. Offerpad Solutions has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Offerpad Solutions will post -2.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Ieq Capital LLC bought a new position in shares of Offerpad Solutions in the 1st quarter valued at about $353,000. Jane Street Group LLC bought a new position in shares of Offerpad Solutions in the 2nd quarter valued at about $44,000. AQR Capital Management LLC lifted its stake in 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 purchasing an additional 9,979 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Offerpad Solutions in the first quarter worth about $32,000. Institutional investors own 39.44% of the company’s stock.

About Offerpad Solutions

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.