Offerpad Solutions Amends Citibank Agreement on June 10

Offerpad Solutions ( (OPAD) ) has provided an update.

On June 10, 2025, Offerpad Solutions Inc. subsidiaries entered into an amendment with Citibank that significantly reduced the senior facility committed amount from $150 million to $25 million while increasing the uncommitted amount from $250 million to $375 million. Additionally, during the company’s Annual Meeting on June 5, 2025, stockholders elected three Class I directors, ratified Deloitte & Touche LLP as the independent auditor for 2025, and approved the executive compensation plan on an advisory basis.

The most recent analyst rating on (OPAD) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Offerpad Solutions stock, see the OPAD Stock Forecast page.

Spark’s Take on OPAD Stock

According to Spark, TipRanks’ AI Analyst, OPAD is a Neutral.

Offerpad Solutions faces significant financial challenges with declining revenues and consistent net losses, despite some progress in debt reduction. The technical analysis indicates weak momentum, and valuation metrics do not favor investors due to negative earnings. While the earnings call and corporate events suggest some potential for operational improvements, the overall outlook remains cautious.

To see Spark’s full report on OPAD stock, click here.

More about Offerpad Solutions

Offerpad Solutions Inc. operates in the real estate industry, primarily focusing on buying and selling homes. The company provides a platform that simplifies the process for homeowners to sell their properties quickly and efficiently.

Average Trading Volume: 42,134

Technical Sentiment Signal: Sell

Current Market Cap: $29.47M

Find detailed analytics on OPAD stock on TipRanks’ Stock Analysis page.