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Real Estate - Real Estate - Services - NYSE - US
$ 3.71
-0.536 %
$ 102 M
Market Cap
-1.7
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one OPAD stock under the base case scenario is HIDDEN Compared to the current market price of 3.71 USD, Offerpad Solutions Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OPAD

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FINANCIALS
1.31 B REVENUE
-66.74%
-104 M OPERATING INCOME
17.99%
-117 M NET INCOME
21.13%
262 M OPERATING CASH FLOW
-14.33%
1.98 M INVESTING CASH FLOW
285.51%
-324 M FINANCING CASH FLOW
9.62%
208 M REVENUE
-17.15%
-8.92 M OPERATING INCOME
9.49%
-2.5 M NET INCOME
81.83%
24.3 M OPERATING CASH FLOW
144.60%
-881 K INVESTING CASH FLOW
-17620.00%
-7.9 M FINANCING CASH FLOW
-16.18%
Balance Sheet Decomposition Offerpad Solutions Inc.
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Current Assets 372 M
Cash & Short-Term Investments 76 M
Receivables 9.94 M
Other Current Assets 286 M
Non-Current Assets 8.09 M
Long-Term Investments 0
PP&E 7.86 M
Other Non-Current Assets 234 K
Current Liabilities 276 M
Accounts Payable 4.95 M
Short-Term Debt 259 M
Other Current Liabilities 11.6 M
Non-Current Liabilities 1.89 M
Long-Term Debt 2.84 M
Other Non-Current Liabilities -947 K
EFFICIENCY
Earnings Waterfall Offerpad Solutions Inc.
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Revenue 1.31 B
Cost Of Revenue 1.24 B
Gross Profit 70.2 M
Operating Expenses 175 M
Operating Income -104 M
Other Expenses 12.8 M
Net Income -117 M
RATIOS
5.34% GROSS MARGIN
5.34%
-7.94% OPERATING MARGIN
-7.94%
-8.92% NET MARGIN
-8.92%
-115.17% ROE
-115.17%
-30.87% ROA
-30.87%
-29.01% ROIC
-29.01%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Offerpad Solutions Inc.
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Net Income -117 M
Depreciation & Amortization 728 K
Capital Expenditures -127 K
Stock-Based Compensation 7.92 M
Change in Working Capital 359 M
Others -1.77 M
Free Cash Flow 262 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Offerpad Solutions Inc.
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Wall Street analysts predict an average 1-year price target for OPAD of $6.08 , with forecasts ranging from a low of $3.75 to a high of $9 .
OPAD Lowest Price Target Wall Street Target
3.75 USD 1.08%
OPAD Average Price Target Wall Street Target
6.08 USD 63.97%
OPAD Highest Price Target Wall Street Target
9 USD 142.59%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Offerpad Solutions Inc.
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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
708 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 months ago
Jun 14, 2024
Bought 37.7 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 7698
4.9 USD
5 months ago
Jun 13, 2024
Bought 49 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 10000
4.9 USD
5 months ago
Jun 12, 2024
Bought 13.4 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 2735
4.9001 USD
5 months ago
Jun 11, 2024
Bought 70.2 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 14386
4.8795 USD
5 months ago
Jun 10, 2024
Bought 73.8 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 15104
4.8868 USD
5 months ago
Jun 06, 2024
Bought 24.2 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 5028
4.8097 USD
5 months ago
Jun 05, 2024
Bought 49.2 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 10045
4.8996 USD
5 months ago
Jun 03, 2024
Bought 38.2 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 8003
4.77 USD
5 months ago
May 31, 2024
Bought 48.7 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 10000
4.8663 USD
5 months ago
May 30, 2024
Bought 44.3 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 9162
4.8364 USD
5 months ago
May 29, 2024
Bought 12.7 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 2500
5.07 USD
5 months ago
May 29, 2024
Bought 19.8 K USD
Bair Brian
Chief Executive Officer
+ 3800
5.2128 USD
5 months ago
May 28, 2024
Bought 219 K USD
Bair Brian
Chief Executive Officer
+ 40000
5.4766 USD
5 months ago
May 24, 2024
Bought 8.04 K USD
Bair Brian
Chief Executive Officer
+ 1632
4.9295 USD
1 year ago
May 12, 2023
Bought 43.2 K USD
Sella Roberto Marco
director, 10 percent owner:
+ 89936
0.48 USD
1 year ago
Jan 31, 2023
Bought 0 USD
First American Financial Corp
10 percent owner
+ 44650830
0 USD
1 year ago
Jan 31, 2023
Bought 0 USD
Bair Brian
Chief Executive Officer
+ 893016
0 USD
1 year ago
Jan 31, 2023
Bought 0 USD
Sella Roberto Marco
director, 10 percent owner:
+ 44195302
0 USD
1 year ago
Jan 31, 2023
Bought 0 USD
DEGIORGIO KENNETH D
Director
+ 893016
0 USD
2 years ago
Aug 09, 2022
Bought 610 K USD
Sella Roberto Marco
director:
+ 359641
1.6971 USD
2 years ago
Mar 11, 2022
Bought 99.5 K USD
DEGIORGIO KENNETH D
director:
+ 25000
3.98 USD
2 years ago
Mar 08, 2022
Bought 41.7 K USD
OHARA RYAN
director:
+ 10000
4.17 USD
3 years ago
Nov 16, 2021
Bought 126 K USD
DEGIORGIO KENNETH D
Director
+ 15000
8.4 USD
4 years ago
Oct 23, 2020
Bought 77 M USD
Supernova Partners LLC
10 percent owner
+ 6700000
11.5 USD
7. News
Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript Offerpad Solutions, Inc. (NYSE:OPAD ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Cortney Read - Chief, Staff Brian Bair - Chairman & CEO Peter Knag - CFO Conference Call Participants Dae Kyu Lee - J.P. Morgan Ryan Tomasello - Stifel Luke Meindl - JMP Securities John Colantuoni - Jefferies Operator Hello, and welcome to the Offerpad Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 1 week ago
Offerpad Solutions Inc. (OPAD) Reports Q3 Loss, Tops Revenue Estimates Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.73 per share a year ago. zacks.com - 1 week ago
Offerpad Reports Third Quarter 2024 Results CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. today released financial results for the three months ended September 30, 2024. businesswire.com - 1 week ago
Offerpad to Release Third Quarter Results on November 4th CHANDLER, Ariz.--(BUSINESS WIRE)-- #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2024 financial results on Monday, November 4, 2024. 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. Thos. businesswire.com - 1 month ago
Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript Offerpad Solutions, Inc. (NYSE:OPAD ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Brian Bair - Chairman & CEO Peter Knag - CFO Taylor Giles - IR Conference Call Participants Nick Jones - JMP Securities Ryan Tomasello - Stifel Michael Ng - Goldman Sachs John Colantuoni - Jefferies Dae Lee - J.P. Morgan Operator Good afternoon. seekingalpha.com - 3 months ago
Offerpad Solutions Inc. (OPAD) Reports Q2 Loss, Misses Revenue Estimates Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.84 per share a year ago. zacks.com - 3 months ago
Offerpad Reports Second Quarter 2024 Results CHANDLER, 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 ended June 30, 2024. “During the second quarter, we delivered revenue within our guidance and sequential improvement in Adjusted EBITDA. Our focus on expense management, and the continued growth in our asset light platform services, drove improvement in gross margin, contribution margin, and Adjust. businesswire.com - 3 months ago
Offerpad Solutions: Now Is The Time To Go Against The Crowd Offerpad shares have dropped over 60% in the past year, presenting a contrarian buying opportunity based on quantitative factors. Stocks with significant price declines, like Offerpad, have shown potential to outperform the S&P 500 over 1-3 year timeframes according to a study done by The Brandes Institute. Offerpad appears to have the financial flexibility essential to navigate their issues. seekingalpha.com - 3 months ago
Offerpad to Join Russell 2000® and 3000® Index Effective July 1, 2024 CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be included in the Russell 2000® and 3000® Indexes effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including OPAD, was posted by FTSE Russell on May 24, 2024. “We are pleased to be added to The Russell 2000 and 3000, a leading global index provider. We be. businesswire.com - 5 months ago
Offerpad Appoints Peter Knag as Chief Financial Officer CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced the appointment of Peter Knag as its new Chief Financial Officer, effective June 5, 2024. Knag brings a proven track record of success and deep financial acumen to Offerpad, having excelled in senior financial leadership roles across the media, telecommunications, technology, and finance sectors. Knag is the former Executive Vice Presi. businesswire.com - 5 months ago
National Moving Month: Offerpad's Free Local Move Program CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, is reaffirming its commitment to making real estate simple and stress-free during National Moving Month by showcasing data that shows the popularity of the company's Free Local Move program for home sellers on its platform and trend data around where people are making local moves. Offerpad has provided a free local move since the company's inception as. businesswire.com - 6 months ago
How Much Upside is Left in Offerpad Solutions (OPAD)? Wall Street Analysts Think 25.76% The average of price targets set by Wall Street analysts indicates a potential upside of 25.8% in Offerpad Solutions (OPAD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 6 months ago
8. Profile Summary

Offerpad Solutions Inc. OPAD

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COUNTRY US
INDUSTRY Real Estate - Services
MARKET CAP $ 102 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 350
Officers Mr. Amir Ghaswala Chief Performance Officer Mr. Dan Mayes Chief Information Officer Mr. James Grout Senior Vice President of Finance & Investor Relations Mr. Vaughn Bair Chief Real Estate Officer Mr. Brian Bair Founder, Chairman & Chief Executive Officer Dr. Jaidip Singh Ph.D. Chief Risk Officer Mr. Peter H. Knag Chief Financial Officer Mr. Benjamin Adam Aronovitch Chief Legal Officer & Secretary Ms. Lisa Hickie Senior Vice President of People Operations, Facilities & Procurement