Offerpad SolutionsOPAD
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 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
11% more funds holding
Funds holding: 45 [Q2] → 50 (+5) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.04% less ownership
Funds ownership: 58.69% [Q2] → 58.65% (-0.04%) [Q3]
8% less capital invested
Capital invested by funds: $70.8M [Q2] → $65.1M (-$5.7M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Ryan Tomasello 0% 1-year accuracy 0 / 1 met price target | 15%downside $3.15 | Market Perform Maintained | 6 Nov 2024 |
Jefferies John Colantuoni 87% 1-year accuracy 13 / 15 met price target | 19%downside $3 | Hold Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 3 articles about OPAD published over the past 30 days
