Offerpad Solutions Inc.

OPAD

US67623L3078

Real Estate Services

Market Closed - Nyse Other stock markets 16:00:02 2024-05-16 EDT			5-day change	1st Jan Change
6.05 ^USD	-5.47%		-11.81%	-40.98%

05-09	RESAAS Services Inc. Partners with Offerpad Solutions Inc. to Extend Cash Offers to Real Estate Agents Across the United States	CI
05-08	Keefe, Bruyette & Woods Adjusts Price Target on Offerpad Solutions to $6 From $6.25, Maintains Underperform Rating	MT

Offerpad Solutions Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 26, 2024 at 04:05 pm

Offerpad Solutions Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 240.46 million compared to USD 677.21 million a year ago. Net loss was USD 15.44 million compared to USD 121.14 million a year ago.

Basic loss per share from continuing operations was USD 0.57 compared to USD 7.35 a year ago. Diluted loss per share from continuing operations was USD 0.57 compared to USD 7.35 a year ago.

Latest news about Offerpad Solutions Inc.

RESAAS Services Inc. Partners with Offerpad Solutions Inc. to Extend Cash Offers to Real Estate Agents Across the United States	05-09	CI
Keefe, Bruyette & Woods Adjusts Price Target on Offerpad Solutions to $6 From $6.25, Maintains Underperform Rating	05-08	MT
JMP Securities Adjusts Price Target on Offerpad Solutions to $9 From $12, Maintains Market Outperform Rating	05-07	MT
Goldman Sachs Trims Offerpad Solutions Price Target to $6 From $7, Maintains Neutral Rating	05-07	MT
Offerpad Solutions Inc. to Seek Acquisitions	05-06	CI
Transcript : Offerpad Solutions Inc., Q1 2024 Earnings Call, May 06, 2024	05-06
Offerpad Solutions Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-06	CI
Earnings Flash (OPAD) OFFERPAD Reports Q1 Revenue $285.4M, vs. Street Est of $270.2M	05-06	MT
Offerpad Provides Its Second Quarter Revenue Outlook for 2024	05-06	CI
JPMorgan Trims Offerpad Solutions Price Target to $9 From $10, Maintains Neutral Rating	02-27	MT
Goldman Sachs Trims Price Target on Offerpad Solutions to $7 From $8, Maintains Neutral Rating	02-27	MT
Transcript : Offerpad Solutions Inc., Q4 2023 Earnings Call, Feb 26, 2024	02-26
Offerpad Solutions Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-26	CI
Earnings Flash (OPAD) OFFERPAD Reports Q4 Revenue $240.5M, vs. Street Est of $252.3M	02-26	MT
Offerpad Solutions Inc. Provides Earnings Guidance for the First Quarter of 2024	02-26	CI
Offerpad Solutions Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-26	CI
North American Morning Briefing : Traders Await -2-	02-26	DJ
Offerpad Solutions Inc. Announces Executive Changes	12-12	CI
Offerpad Solutions Inc. Announces Executive Changes	12-12	CI
Wedbush Trims Offerpad Solutions' PT to $4.25 From $5, Notes Lower-Than-Expected Q4 Sales Guidance; Keeps Neutral Rating	11-06	MT
JMP Securities Adjusts Price Target on Offerpad Solutions to $12 From $14, Keeps Market Outperform Rating	11-03	MT
Transcript : Offerpad Solutions Inc., Q3 2023 Earnings Call, Nov 01, 2023	11-01
Earnings Flash (OPAD) OFFERPAD Posts Q3 Revenue $234.2M, vs. Street Est of $233.8M	11-01	MT
Offerpad Solutions Inc. Provides Earnings Guidance for the Fourth Quarter for 2023	11-01	CI
Offerpad Solutions Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-01	CI

Chart Offerpad Solutions Inc.

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Company Profile

Offerpad Solutions Inc. provides tech-enabled platform for residential real estate. The Company provides streamlined, data driven iBuying and real estate solutions for the on-demand customer. Its digital Solutions Center platform gives users a holistic, customer-centric experience, enabling them to efficiently sell and buy their homes online with streamlined access to ancillary products and services. Its platform provides a dual approach to helping home sellers. In its cash offer service, sellers can access its website or mobile application to receive a cash offer for their home. Its Flex listing service offering renovate and lists a sellerâs home for sale. Its platform provides home buyers the opportunity to browse and tour homes online, get instant access to its listings in certain markets with their mobile devices and submit purchase offers online in a simple process on their own time, with or without an agent. The Company operates in approximately 1,700 cities and towns.

Sector

Real Estate Services

Calendar

2024-05-20 - J.P. Morgan Global Technology, Media and Communications Conference

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Ratings for Offerpad Solutions Inc.

Trading Rating

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

6.05 USD

Average target price

7.3 USD

Spread / Average Target

+20.66%

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Quarterly earnings - Rate of surprise

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