Offerpad Solutions Inc. (NYSE:OPAD) Given Consensus Recommendation of “Reduce” by Analysts

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

Several brokerages have recently issued reports on OPAD. Keefe, Bruyette & Woods raised their price target 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. Wall Street Zen upgraded Offerpad Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Offerpad Solutions in a research note on Friday, October 31st.

Offerpad Solutions Trading Up 12.8%

NYSE OPAD opened at $1.90 on Friday. The business’s fifty day moving average is $3.04 and its 200-day moving average is $2.24. 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 stock has a market capitalization of $69.85 million, a price-to-earnings ratio of -0.98 and a beta of 2.30. Offerpad Solutions has a one year low of $0.91 and a one year high of $6.35.

Offerpad Solutions (NYSE:OPAD) last posted its quarterly earnings data on Monday, November 3rd. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.05). The company had revenue of $132.68 million for the quarter, compared to analysts’ expectations of $173.01 million. Offerpad Solutions had a negative return on equity of 147.32% and a negative net margin of 8.74%. Offerpad Solutions has set its Q4 2025 guidance at EPS. Equities research analysts predict that Offerpad Solutions will post -2.16 EPS for the current year.

Hedge Funds Weigh In On Offerpad Solutions

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Offerpad Solutions by 12.4% during the 3rd quarter. Vanguard Group Inc. now owns 790,570 shares of the company’s stock valued at $3,297,000 after buying an additional 87,144 shares in the last quarter. Investure LLC bought a new stake in Offerpad Solutions during the 3rd quarter valued at $2,175,000. Ieq Capital LLC bought a new stake in Offerpad Solutions during the 1st quarter valued at $353,000. Monograph Wealth Advisors LLC purchased a new stake in shares of Offerpad Solutions during the third quarter worth $248,000. Finally, Jane Street Group LLC bought a new position in shares of Offerpad Solutions in the second quarter worth $44,000. Hedge funds and other institutional investors own 39.44% of the company’s stock.

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.