Offerpad Solutions Inc. (NYSE:OPAD) Given Consensus Rating of "Hold" by Analysts

Key Points

• Offerpad Solutions Inc. (NYSE:OPAD) has been assigned an average rating of "Hold" by six research analysts, with a 12-month price target of $2.4125.
• The company's stock has recently seen a significant decrease, down 16.0%, with a current trading price of $4.29.
• In its latest earnings report, Offerpad Solutions reported a loss per share of ($0.40), which missed the consensus estimate by ($0.01).

Offerpad Solutions Inc. (NYSE:OPAD - Get Free Report) has received an average recommendation of "Hold" from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $2.4125.

OPAD has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lifted their price target on shares of Offerpad Solutions from $1.00 to $1.15 and gave the company a "market perform" rating in a report on Tuesday, August 12th. Wall Street Zen upgraded shares of Offerpad Solutions to a "sell" rating in a report on Friday, August 22nd.

Institutional Trading of Offerpad Solutions

A number of hedge funds have recently modified their holdings of OPAD. XTX Topco Ltd bought a new stake in shares of Offerpad Solutions during the 1st quarter valued at $32,000. Jane Street Group LLC bought a new stake in shares of Offerpad Solutions during the 4th quarter valued at $34,000. AQR Capital Management LLC boosted its holdings 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 buying an additional 9,979 shares in the last quarter. Deutsche Bank AG bought a new stake in shares of Offerpad Solutions during the 4th quarter valued at $111,000. Finally, Northern Trust Corp boosted its holdings in shares of Offerpad Solutions by 22.1% during the 4th quarter. Northern Trust Corp now owns 95,866 shares of the company's stock valued at $273,000 after buying an additional 17,322 shares in the last quarter. Institutional investors own 39.44% of the company's stock.

Offerpad Solutions Stock Down 16.0%

NYSE:OPAD opened at $4.29 on Tuesday. The stock has a market cap of $131.28 million, a P/E ratio of -2.08 and a beta of 2.37. The firm's fifty day simple moving average is $2.22 and its 200 day simple moving average is $1.66. Offerpad Solutions has a twelve month low of $0.91 and a twelve month high of $6.35.

Offerpad Solutions (NYSE:OPAD - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.39) by ($0.01). The company had revenue of $160.30 million during the quarter, compared to the consensus estimate 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, analysts expect that Offerpad Solutions will post -2.16 EPS for the current fiscal year.

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.

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