Offerpad Solutions (NYSE:OPAD) Upgraded at Wall Street Zen

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

Other research analysts have also issued reports about the stock. Keefe, Bruyette & Woods increased their target price 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Offerpad Solutions in a report on Friday, October 31st. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Offerpad Solutions presently has an average rating of “Reduce” and a consensus target price of $2.22.

Offerpad Solutions Trading Up 11.6%

Shares of OPAD stock opened at $2.01 on Friday. Offerpad Solutions has a fifty-two week low of $0.91 and a fifty-two week high of $6.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.28 and a current ratio of 1.32. The stock has a 50 day simple moving average of $3.54 and a two-hundred day simple moving average of $2.19. The company has a market cap of $74.06 million, a P/E ratio of -1.04 and a beta of 2.30.

Offerpad Solutions (NYSE:OPAD) last posted its quarterly earnings results 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 business had revenue of $132.68 million for the quarter, compared to the consensus estimate 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. Research analysts forecast that Offerpad Solutions will post -2.16 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in OPAD. XTX Topco Ltd acquired a new position in shares of Offerpad Solutions during the first quarter valued at about $32,000. Ieq Capital LLC bought a new position in Offerpad Solutions in the 1st quarter valued at about $353,000. 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 valued at $40,000 after purchasing an additional 9,979 shares during the last quarter. Jane Street Group LLC acquired a new position in Offerpad Solutions during the 2nd quarter valued at about $44,000. Finally, Vanguard Group Inc. increased its holdings 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 purchasing an additional 87,144 shares in the last quarter. 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.