Offerpad Solutions (NYSE:OPAD) Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of Offerpad Solutions (NYSE:OPAD) from a hold rating to a sell rating in a research note published on Saturday morning.

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods upped their price target on Offerpad Solutions from $1.00 to $1.15 and gave the company a “market perform” rating in a research note on Tuesday, August 12th. Weiss Ratings reissued 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $2.41.

Offerpad Solutions Trading Up 4.6%

Shares of OPAD stock opened at $3.01 on Friday. Offerpad Solutions has a 1 year low of $0.91 and a 1 year high of $6.35. The firm’s 50 day moving average is $3.45 and its 200-day moving average is $2.05. The firm has a market capitalization of $92.12 million, a price-to-earnings ratio of -1.46 and a beta of 2.34.

Offerpad Solutions (NYSE:OPAD) last issued its quarterly earnings results on Monday, August 4th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.01). Offerpad Solutions had a negative net margin of 8.08% and a negative return on equity of 132.77%. The company had revenue of $160.30 million during the quarter, compared to analyst estimates of $178.91 million. Offerpad Solutions has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Offerpad Solutions will post -2.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Offerpad Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new position in shares of Offerpad Solutions during the 1st quarter worth about $32,000. AQR Capital Management LLC boosted its stake in 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. Jane Street Group LLC acquired a new position in Offerpad Solutions during the second quarter valued at approximately $44,000. Finally, Ieq Capital LLC bought a new stake in Offerpad Solutions in the first quarter valued at approximately $353,000. Institutional investors own 39.44% of the company’s stock.

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.