Offerpad Solutions Inc. (OPAD)

NYSE: OPAD · Real-Time Price · USD
3.580
-0.100 (-2.72%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.72%
Market Cap 97.93M
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 13,211
Open 3.765
Previous Close 3.680
Day's Range 3.500 - 3.770
52-Week Range 2.570 - 11.220
Beta 1.86
Analysts Hold
Price Target 5.33 (+48.88%)
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]

Sector Real Estate
Founded 2015
Employees 350
Stock Exchange NYSE
Ticker Symbol OPAD
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for OPAD stock is "Hold." The 12-month stock price forecast is $5.33, which is an increase of 48.88% from the latest price.

Price Target
$5.33
(48.88% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

16 days ago - Seeking Alpha

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.

16 days ago - Business Wire

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...

5 weeks ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - Business Wire

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.

Other symbols: COMPRDFNZZG
7 months ago - Invezz

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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 ...

9 months ago - Business Wire

Offerpad Solutions Inc. (OPAD) Q4 2023 Earnings Call Transcript

Offerpad Solutions Inc. (OPAD) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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 ...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

1 year ago - Business Wire