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

Shares of Offerpad Solutions Inc. (NYSE:OPAD) have earned an average rating of “Reduce” from the six brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $2.2167.

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

Institutional Investors Weigh In On Offerpad Solutions

A number of large investors have recently bought and sold shares of the business. XTX Topco Ltd bought a new position in Offerpad Solutions in the 1st quarter valued at $32,000. Ieq Capital LLC acquired a new stake in shares of Offerpad Solutions in the first quarter valued at $353,000. AQR Capital Management LLC increased its stake in shares of Offerpad Solutions by 69.6% in the first 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. Jane Street Group LLC bought a new position in shares of Offerpad Solutions in the second quarter valued at about $44,000. Finally, Vanguard Group Inc. lifted its position in Offerpad Solutions by 12.4% during the 3rd quarter. Vanguard Group Inc. now owns 790,570 shares of the company’s stock worth $3,297,000 after buying an additional 87,144 shares in the last quarter. 39.44% of the stock is currently owned by institutional investors.

Offerpad Solutions Price Performance

Offerpad Solutions stock opened at $1.94 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.32 and a quick ratio of 0.28. The company has a market capitalization of $71.32 million, a PE ratio of -1.00 and a beta of 2.30. Offerpad Solutions has a one year low of $0.91 and a one year high of $6.35. The business has a 50 day simple moving average of $2.85 and a 200 day simple moving average of $2.25.

Offerpad Solutions (NYSE:OPAD) last announced its quarterly earnings results on Monday, November 3rd. The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.05). Offerpad Solutions had a negative net margin of 8.74% and a negative return on equity of 147.32%. The company had revenue of $132.68 million during the quarter, compared to the consensus estimate of $173.01 million. Offerpad Solutions has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast 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.