Offerpad Solutions Inc. (NYSE:OPAD) Given Average 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).

Shares of Offerpad Solutions Inc. (NYSE:OPAD - Get Free Report) have earned a consensus recommendation of "Hold" from the six ratings firms that are covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating. The average 1 year price target among analysts that have covered the stock in the last year is $2.4125.

Several analysts recently issued reports on the company. Keefe, Bruyette & Woods raised their target price on Offerpad Solutions from $1.00 to $1.15 and gave the stock a "market perform" rating in a research note on Tuesday, August 12th. Wall Street Zen raised Offerpad Solutions to a "sell" rating in a research note on Friday, August 22nd.

Institutional Trading of Offerpad Solutions

Several large investors have recently modified their holdings of OPAD. Ieq Capital LLC purchased a new stake in Offerpad Solutions in the first quarter worth about $353,000. Northern Trust Corp lifted its holdings in Offerpad Solutions by 22.1% in the fourth quarter. Northern Trust Corp now owns 95,866 shares of the company's stock worth $273,000 after buying an additional 17,322 shares during the period. Jane Street Group LLC purchased a new stake in Offerpad Solutions in the second quarter worth about $44,000. Deutsche Bank AG purchased a new stake in Offerpad Solutions in the fourth quarter worth about $111,000. Finally, AQR Capital Management LLC lifted its holdings 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 buying an additional 9,979 shares during the period. 39.44% of the stock is owned by institutional investors.

Offerpad Solutions Trading Down 14.0%

Shares of NYSE:OPAD traded down $0.70 on Tuesday, reaching $4.30. 8,556,657 shares of the company traded hands, compared to its average volume of 24,768,030. The business's 50-day simple moving average is $2.47 and its 200 day simple moving average is $1.72. Offerpad Solutions has a 52 week low of $0.91 and a 52 week high of $6.35. The stock has a market capitalization of $131.49 million, a P/E ratio of -2.09 and a beta of 2.37.

Offerpad Solutions (NYSE:OPAD - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by ($0.01). Offerpad Solutions had a negative net margin of 8.08% and a negative return on equity of 132.77%. The company had revenue of $160.30 million for the quarter, compared to the consensus estimate of $178.91 million. Offerpad Solutions has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Offerpad Solutions will post -2.16 EPS for the current fiscal 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.