Offerpad SolutionsOPAD
Market Cap: $95.2M
About: Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, renovation and buyer representation services.
Employees: 350
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 45 [Q1] → 45 (+0) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.5% less ownership
Funds ownership: 59.12% [Q1] → 58.63% (-0.5%) [Q2]
46% less capital invested
Capital invested by funds: $131M [Q1] → $70.7M (-$59.9M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JMP Securities Nicholas Jones 63% 1-year accuracy 41 / 65 met price target | 58%upside $5.50 | Market Outperform Maintained | 6 Aug 2024 |
Keefe, Bruyette & Woods Ryan Tomasello 57% 1-year accuracy 4 / 7 met price target | 8%upside $3.75 | Market Perform Upgraded | 6 Aug 2024 |