Offerpad Solutions Inc. (OPAD)
| Market Cap | 99.84M |
| Revenue (ttm) | 985.01M |
| Net Income (ttm) | -60.28M |
| Shares Out | 27.35M |
| EPS (ttm) | -2.21 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 88,331 |
| Open | 3.360 |
| Previous Close | 3.420 |
| Day's Range | 3.300 - 3.650 |
| 52-Week Range | 2.570 - 10.610 |
| Beta | 2.14 |
| Analysts | Hold |
| Price Target | 5.19 (+42.19%) |
| Earnings Date | Nov 4, 2024 |
About OPAD
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. It buys and sells homes through cash offer and listing services. In addition, the company offers renovation services; and ancillary products and services, including mortgage, title insurance, and escrow services, as well as Offerpad Bundle Reward... [Read more]
Financial Performance
In 2023, Offerpad Solutions's revenue was $1.31 billion, a decrease of -66.74% compared to the previous year's $3.95 billion. Losses were -$117.22 million, -21.13% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for OPAD stock is "Hold." The 12-month stock price forecast is $5.19, which is an increase of 42.19% from the latest price.
News
Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Cortney Read - Chief, Staff Brian Bair - Chairman & CEO Peter Knag - CFO Confere...
Offerpad Reports Third Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. today released financial results for the three months ended September 30, 2024.
Offerpad to Release Third Quarter Results on November 4th
CHANDLER, Ariz.--(BUSINESS WIRE)-- #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-qua...
Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offer...
Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Brian Bair - Chairman & CEO Peter Knag - CFO Taylor Giles - IR Conference Call Par...
Offerpad Launches "Powered By Offerpad" Portal, Elevating Agent Partner Experience with Innovative Tools and Resources
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, announced its launch of Powered By Offe...
Offerpad Reports Second Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Offerpad Solutions: Now Is The Time To Go Against The Crowd
Offerpad shares have dropped over 60% in the past year, presenting a contrarian buying opportunity based on quantitative factors. Stocks with significant price declines, like Offerpad, have shown pote...
Offerpad to Release Second Quarter Results on August 5th
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarte...
Offerpad to Join Russell 2000® and 3000® Index Effective July 1, 2024
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be includ...
Offerpad Appoints Peter Knag as Chief Financial Officer
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced the appointment of Peter Knag as its n...
National Moving Month: Offerpad's Free Local Move Program
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, is reaffirming its commitment to making real estate sim...
Offerpad Announces Participation in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference and the KBW Virtual Real Estate Finance & Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman a...
Offerpad Solutions, Inc. (OPAD) Q1 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Taylor Giles - Investor Relations Brian Bair - Chairman and Chief Executive Officer J...
Offerpad Reports First Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Redfin, Offerpad, Zillow, Compass stocks are falling: here's why
Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.
Offerpad to Release First Quarter Results on May 6th
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter...
Offerpad Sponsors IMN's Single Family Rental Forum East and West to Deliver a Solutions Center for All
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, today announced their participation as a Silver Level s...
Offerpad Provides Company Update on Agent Momentum & New Growth Opportunities Around Services
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, has announced it is expanding its new Offerpad Max agen...
Offerpad Announces Participation in The Citizens JMP Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman and CEO, will ...
Offerpad Solutions Inc. (OPAD) Q4 2023 Earnings Call Transcript
Offerpad Solutions Inc. (OPAD) Q4 2023 Earnings Call Transcript
Offerpad Reports Fourth Quarter and Full Year 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Offerpad to Release Fourth-Quarter and Full Year Results on February 26th
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarte...
Offerpad Announces Unmatched 3% + 1% Agent Program
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, has unveiled a new 3% + 1% agent program, a significant...
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Offerpad Solutions Inc. (OPAD WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Offer...