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Offerpad Solutions (OPAD)
NYSE:OPAD
OPAD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.08 - $9.47
Previous CloseN/A
Volume10.55K
Average Volume (3M)46.88K
Market Cap
$64.05M
Enterprise Value$315.39M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.79
Next Earnings
Feb 24, 2025EPS Estimate
-0.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.20
Shares Outstanding27,373,915
10 Day Avg. Volume53,861
30 Day Avg. Volume46,883
Standard Deviation0.27
R-Squared0.15
Alpha-0.08
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)0.40
P/FCF Ratio0.40
Enterprise Value/Market Cap4.92
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.49
Enterprise Value/Ebitda-7.92
Forecast
1Y Price Target
$2.50Price Target Upside10.13% Upside
Rating ConsensusHold
Number of Analyst Covering1
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Offerpad Solutions News
PremiumCompany Announcements
Offerpad Solutions Reports Key Financial Improvements
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Bulls Say, Bears Say
Bulls Say
Business ExpansionOfferpad Solutions Inc. is expanding its asset-light services, with significant growth in its Renovate projects, increasing closed renovations by 306%.
Financial PerformanceOfferpad Solutions Inc. delivered revenue above consensus in 3Q24, showcasing strong financial performance despite mixed results.
LiquidityThe company has approximately $48.5M in cash and equivalents and no long-term debt, highlighting strong liquidity to manage macroeconomic conditions.
Bears Say
Earnings GuidanceGuidance for 4Q was softer than expected, which led to a 4-5% drop in shares during aftermarket trading.
Market ConditionsAnalyst reiterates a Neutral rating due to cyclical headwinds in the iBuying business, including lower industry home sales and higher interest rates.
Sales PerformanceOfferpad Solutions Inc.’s 3Q24 guidance missed on homes sold, resulting in a revenue miss compared to consensus expectations.
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Ownership Overview
18.91% Insiders
3.79% Mutual Funds
21.24% Other Institutional Investors
52.18% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
OPAD FAQ
What was Offerpad Solutions’s price range in the past 12 months?
Offerpad Solutions lowest stock price was $2.08 and its highest was $9.47 in the past 12 months.
What is Offerpad Solutions’s market cap?
Offerpad Solutions’s market cap is $64.05M.
When is Offerpad Solutions’s upcoming earnings report date?
Offerpad Solutions’s upcoming earnings report date is Feb 24, 2025 which is in 2 days.
How were Offerpad Solutions’s earnings last quarter?
Offerpad Solutions released its earnings results on Nov 04, 2024. The company reported -$0.49 earnings per share for the quarter, missing the consensus estimate of -$0.365 by -$0.125.
Is Offerpad Solutions overvalued?
According to Wall Street analysts Offerpad Solutions’s price is currently Undervalued.
Does Offerpad Solutions pay dividends?
Offerpad Solutions does not currently pay dividends.
What is Offerpad Solutions’s EPS estimate?
Offerpad Solutions’s EPS estimate is -0.45.
How many shares outstanding does Offerpad Solutions have?
Offerpad Solutions has 27,373,915 shares outstanding.
What happened to Offerpad Solutions’s price movement after its last earnings report?
Offerpad Solutions reported an EPS of -$0.49 in its last earnings report, missing expectations of -$0.365. Following the earnings report the stock price went down -3.364%.
Which hedge fund is a major shareholder of Offerpad Solutions?
Currently, no hedge funds are holding shares in OPAD
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Offerpad Solutions Stock Smart Score
Underperform
1
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4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2.50 (10.13% Upside)
$2.50 (10.13% Upside)
Blogger Sentiment
Bearish
OPAD Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 11.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 11.3%
Last 30 Days ▼ 11.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-75.29%
12-Months-Change
Fundamentals
Return on Equity
-67.00%
Trailing 12-Months
Asset Growth
-19.82%
Trailing 12-Months
Company Description
Offerpad Solutions
Supernova Partners Acquisition Co Inc is a blank check company.
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OPAD Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a focused approach on achieving profitability through cost reductions and strategic adjustments amid challenging market conditions. While they have achieved significant cost savings and expanded their asset-light services, the company faces ongoing challenges with historically low transaction volumes and a decline in gross margin and home acquisitions.Read More>---
OPAD Stock 12 Month Forecast
Average Price Target
$2.50
▲(10.13% Upside)
Technical Analysis
Zillow Group Class C
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Zillow Group Class A
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Redfin
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Resideo Technologies
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Opendoor Technologies
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Best Analysts Covering OPAD
1 Year
1 Year Success Rate
1/16 ratings generated profit
1 Year Average Return
-45.39%
reiterated a buy rating 4 months ago
Copying Nicholas Jones CFA's trades and holding each position for 1 Year would result in 6.25% of your transactions generating a profit, with an average return of -45.39% per trade.
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