Analysts Set Offerpad Solutions Inc. (NYSE:OPAD) Price Target at $2.22

Offerpad Solutions Inc. (NYSE:OPAD) has received an average recommendation of “Reduce” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $2.2167.

OPAD has been the topic of several recent research reports. Keefe, Bruyette & Woods increased their price target on shares of Offerpad Solutions from $1.00 to $1.15 and gave the stock a “market perform” rating in a research report on Tuesday, August 12th. Wall Street Zen upgraded Offerpad Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Offerpad Solutions in a report on Friday, October 31st.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Offerpad Solutions in the 1st quarter worth approximately $32,000. AQR Capital Management LLC increased its position in shares of Offerpad Solutions by 69.6% during the 1st quarter. AQR Capital Management LLC now owns 24,308 shares of the company’s stock valued at $40,000 after purchasing an additional 9,979 shares during the last quarter. Jane Street Group LLC bought a new position in Offerpad Solutions during the second quarter valued at $44,000. Monograph Wealth Advisors LLC bought a new position in Offerpad Solutions during the 3rd quarter valued at about $248,000. Finally, Ieq Capital LLC purchased a new stake in shares of Offerpad Solutions in the first quarter worth approximately $353,000. Institutional investors own 39.44% of the company’s stock.

Offerpad Solutions Trading Up 1.8%

Shares of NYSE:OPAD opened at $1.97 on Friday. The stock has a market capitalization of $72.43 million, a price-to-earnings ratio of -1.01 and a beta of 2.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.28 and a current ratio of 1.32. The stock’s 50-day simple moving average is $2.95 and its two-hundred day simple moving average is $2.26. Offerpad Solutions has a 52-week low of $0.91 and a 52-week high of $6.35.

Offerpad Solutions (NYSE:OPAD) last released its quarterly earnings results on Monday, November 3rd. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.29) by ($0.05). The business had revenue of $132.68 million for the quarter, compared to analysts’ expectations of $173.01 million. Offerpad Solutions had a negative net margin of 8.74% and a negative return on equity of 147.32%. Offerpad Solutions has set its Q4 2025 guidance at EPS. Analysts expect that Offerpad Solutions will post -2.16 EPS for the current year.

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.