Offerpad Solutions (NYSE:OPAD) Stock Rating Lowered by Wall Street Zen

Offerpad Solutions (NYSE:OPAD) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Several other equities analysts have also recently weighed in on OPAD. Keefe, Bruyette & Woods raised their price target on Offerpad Solutions from $1.00 to $1.15 and gave the company a “market perform” rating in a report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Offerpad Solutions in a report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Offerpad Solutions presently has an average rating of “Reduce” and an average target price of $2.41.

Offerpad Solutions Stock Down 7.0%

NYSE OPAD opened at $2.86 on Friday. The stock’s 50-day moving average price is $3.41 and its 200-day moving average price is $2.04. Offerpad Solutions has a 52 week low of $0.91 and a 52 week high of $6.35. The company has a market capitalization of $87.31 million, a P/E ratio of -1.39 and a beta of 2.34.

Offerpad Solutions (NYSE:OPAD) last issued its earnings results on Monday, August 4th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.01). The business had revenue of $160.30 million for 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. Research analysts anticipate that Offerpad Solutions will post -2.16 EPS for the current year.

Institutional Investors Weigh In On Offerpad Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of Offerpad Solutions during the 2nd quarter worth approximately $44,000. AQR Capital Management LLC lifted its stake 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 worth $40,000 after acquiring an additional 9,979 shares during the last quarter. Ieq Capital LLC bought a new stake in shares of Offerpad Solutions during the 1st quarter worth approximately $353,000. Finally, XTX Topco Ltd bought a new stake in shares of Offerpad Solutions during the 1st quarter worth approximately $32,000. 39.44% of the stock is owned by institutional investors.

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.