Real Estate -
Real Estate - Services - NYSE - US
$ 0.985
-7.57 %
$ 27.1 M
Market Cap
-0.42
P/E
1. INTRINSIC VALUE
Balance Sheet
Offerpad Solutions Inc.
| Current Assets | 294 M |
| Cash & Short-Term Investments | 43 M |
| Receivables | 3.85 M |
| Other Current Assets | 247 M |
| Non-Current Assets | 18.8 M |
| Long-Term Investments | 0 |
| PP&E | 9.13 M |
| Other Non-Current Assets | 9.71 M |
| Current Liabilities | 251 M |
| Accounts Payable | 1.92 M |
| Short-Term Debt | 963 K |
| Other Current Liabilities | 248 M |
| Non-Current Liabilities | 14.4 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 14.4 M |
EFFICIENCY
Earnings Waterfall
Offerpad Solutions Inc.
| Revenue | 919 M |
| Cost Of Revenue | 847 M |
| Gross Profit | 72.2 M |
| Operating Expenses | 118 M |
| Operating Income | -46 M |
| Other Expenses | 16.1 M |
| Net Income | -62.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Offerpad Solutions Inc.
| Net Income | -62.2 M |
| Depreciation & Amortization | 611 K |
| Capital Expenditures | -5.41 M |
| Stock-Based Compensation | 8.08 M |
| Change in Working Capital | 68.2 M |
| Others | 13.4 M |
| Free Cash Flow | 15.4 M |
Wall Street Analysts Price Targets
Offerpad Solutions Inc.
Wall Street analysts predict an average 1-year price target for OPAD of $5.43 , with forecasts ranging from
a
low of
$3.75 to a high of $9 .
OPAD Lowest Price Target
Wall Street Target
3.75 USD
280.71%
OPAD Average Price Target
Wall Street Target
5.43 USD
451.12%
OPAD Highest Price Target
Wall Street Target
9 USD
813.71%
4. DIVIDEND
ANALYSIS
OPAD does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Offerpad Solutions Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
708 K USD 2
9-12 MONTHS
7. News
Offerpad Enhances Cash Offer Model With HomePro to Drive In-Home Seller Engagement
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad (NYSE: OPAD), a leading real estate solutions platform, today announced the launch of HomePro, a product enhancement designed to increase in-home seller engagement and further the company's mission to deliver flexible, customer-first solutions. HomePro strengthens Offerpad's ability to meet sellers earlier in their journey by deploying HomePro Representatives to guide them through their options in the living room. Offerpad's ability to provide a cash offe.
businesswire.com
- 1 week ago
Offerpad and Auction.com Partner to Transform Real Estate Transactions
TEMPE, Ariz. & IRVINE, Calif.--(BUSINESS WIRE)--Offerpad and Auction.com have announced a strategic partnership to modernize home transactions.
businesswire.com
- 1 week ago
Offerpad Solutions Inc. (OPAD) Q1 2025 Earnings Call Transcript
Offerpad Solutions Inc. (NYSE:OPAD ) Q1 2025 Results Conference Call May 5, 2025 4:30 PM ET Company Participants Cortney Read - Chief-Staff & Vice President-Operations Brian Bair - Chairman & Chief Executive Officer Peter Knag - Chief Financial Officer Conference Call Participants Nick Jones - Citizens Financial Group Dae K. Lee - JPMorgan Ryan Tomasello - KBW Michael Ng - Goldman Sachs Vincent Kardos - Jefferies Operator Good afternoon, and thank you for attending today's Offerpad First Quarter 2025 Earnings Conference Call.
seekingalpha.com
- 2 weeks ago
Offerpad Solutions Inc. (OPAD) Reports Q1 Loss, Lags Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.58. This compares to loss of $0.65 per share a year ago.
zacks.com
- 2 weeks ago
Offerpad Appoints Former Freddie Mac Executive Donna Corley to Board of Directors
TEMPE, Ariz.--(BUSINESS WIRE)---- $OPAD #HousingMarket--Offerpad appoints former Freddie Mac executive Donna Corley to its Board as Audit Chair, bringing decades of housing and finance expertise.
businesswire.com
- 3 weeks ago
Offerpad Receives Notice Regarding NYSE Continued Listing Standards
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE: OPAD), reports that, on April 10, 2025, it received written notice (the “NYSE Notification”) from the New York Stock Exchange (“NYSE”) that the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30 trading-day period and, at the same time, its last reported stockholders' equity were each less than $50 mil.
businesswire.com
- 1 month ago
Offerpad to Release First Quarter 2025 Results on May 5th
TEMPE, Ariz.--(BUSINESS WIRE)---- $opadir #homes--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release first-quarter 2025 financial results on Monday, May 5, 2025. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those intere.
businesswire.com
- 1 month ago
Offerpad's B2B Renovate Program Continues Strong Growth, Diversifies Portfolio with Expanding Partnerships
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad (NYSE: OPAD), a leading real estate solutions provider, continues to strengthen its portfolio with the growth of its B2B Renovate program, which has emerged as a significant revenue driver for the company. Building on Offerpad's long-standing expertise in acquiring, renovating, and selling its own properties, the expansion of its renovation services to institutional investors and local operators underscores the company's ability to balance and diversify i.
businesswire.com
- 2 months ago
Offerpad Solutions Inc. (OPAD) Reports Q4 Loss, Misses Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.63 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.57 per share a year ago.
zacks.com
- 2 months ago
Offerpad Reports Fourth Quarter & Full Year 2024 Results
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months and full year ended December 31, 2024. “In the fourth quarter, revenue exceeded the midpoint of our guidance, supported by a balanced mix of offerings. This performance was achieved with the support of our Renovate business surpassing $18 million in revenue for the year and our improved advertising ef.
businesswire.com
- 2 months ago
Offerpad Announces Participation in the Citizens JMP Technology Conference
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman and CEO, will participate in a fireside chat at 9:30 pm PT on Monday, March 3, 2025 at the Citizens JMP Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad's Investor Relations website at investor.offerpad.com. A webcast replay will be avai.
businesswire.com
- 2 months ago
Offerpad Solutions Inc. (OPAD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Offerpad Solutions (OPAD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 months ago
8. Profile
Summary
Offerpad Solutions Inc. OPAD
COUNTRY
US
INDUSTRY
Real Estate - Services
MARKET CAP
$ 27.1 M
Dividend Yield
0.00%
Description
Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.
Contact
2212 East Williams Field Road, Chandler, AZ, 85286
https://www.offerpad.com
IPO
Date
Dec. 11, 2020
Employees
200
Officers
Mr. Peter H. Knag
Chief Financial Officer
Dr. Jaidip Singh Ph.D.
Chief Risk Officer
Mr. Amir Ghaswala
Chief Business Officer
Mr. Brian Bair
Founder, Chairman & Chief Executive Officer
Mr. Vaughn Bair
Chief Real Estate Officer
Mr. Ted Best
Senior Vice President of Product Management
Mr. Stjepan Rajko
Vice President of Technology
Mr. Adam Martinez
Chief Legal Officer & Secretary