(OPAD) Offerpad Solutions - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US67623L1098

Stock: Cash Offer, Renovation, Direct+, Agent Partnership, Ancillary Services

Total Rating 6
Risk 39
Buy Signal -1.29

EPS (Earnings per Share)

EPS (Earnings per Share) of OPAD over the last years for every Quarter: "2020-12": -0.03, "2021-03": 0.1, "2021-06": 0.333, "2021-09": -0.02, "2021-12": -0.01, "2022-03": 0.14, "2022-06": 0.04, "2022-09": -0.32, "2022-12": -0.49, "2023-03": -0.17, "2023-06": -0.82, "2023-09": -0.73, "2023-12": -0.57, "2024-03": -0.64, "2024-06": -0.5, "2024-09": -0.49, "2024-12": -0.6265, "2025-03": -0.5463, "2025-06": -0.39, "2025-09": -0.37,

Revenue

Revenue of OPAD over the last years for every Quarter: 2020-12: 223.23, 2021-03: 283.972, 2021-06: 378.647, 2021-09: 540.287, 2021-12: 867.54, 2022-03: 1373.837, 2022-06: 1079.531, 2022-09: 821.732, 2022-12: 677.214, 2023-03: 609.579, 2023-06: 230.147, 2023-09: 234.228, 2023-12: 240.458, 2024-03: 285.358, 2024-06: 251.122, 2024-09: 208.067, 2024-12: 174.272, 2025-03: 160.698, 2025-06: 160.315, 2025-09: 132.681,
Risk 5d forecast
Volatility 114%
Relative Tail Risk -19.1%
Reward TTM
Sharpe Ratio 0.32
Alpha -81.50
Character TTM
Beta 1.456
Beta Downside 1.315
Drawdowns 3y
Max DD 94.15%
CAGR/Max DD -0.63

Description: OPAD Offerpad Solutions December 22, 2025

Offerpad Solutions Inc. (NYSE: OPAD) operates a technology-driven platform that streamlines the U.S. residential real-estate transaction cycle, from homeowner cash offers to post-sale services such as renovations, smart-home upgrades, and title/escrow processing.

The core product suite includes a “Cash Offer” tool accessed via web or mobile, a Direct+ institutional-buyer program that matches single-family rental investors with sellers, and an agent-partnership model that lets real-estate agents generate offers, list acquired homes for resale, and tap into a curated inventory of Offerpad-owned properties within defined zones.

Recent operating data (Q2 2024) show revenue of $158 million, up 12 % year-over-year, with an inventory turnover of roughly 4.5 months-a metric that tracks how quickly purchased homes are resold. The company’s gross margin improved to 23 % as renovation efficiencies reduced cost-of-goods-sold, while net loss narrowed to $32 million, reflecting tighter capital management.

Key macro drivers for Offerpad’s business are (1) mortgage-rate volatility, which directly influences homeowner willingness to sell; (2) the chronic shortage of single-family rental inventory, fueling demand for the Direct+ program; and (3) broader iBuyer market expansion, currently growing at a 9 % CAGR according to industry surveys, suggesting a favorable tailwind for technology-enabled home-flipping models.

For a deeper, data-rich assessment of OPAD’s valuation dynamics, you may find the analytics on ValueRay worth exploring.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income: -54.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.20 > 0.02 and ΔFCF/TA 28.40 > 1.0
NWC/Revenue: 7.97% < 20% (prev 6.04%; Δ 1.92% < -1%)
CFO/TA 0.22 > 3% & CFO 49.5m > Net Income -54.9m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.32 > 1.5 & < 3
Outstanding Shares: last quarter (31.3m) vs 12m ago 14.00% < -2%
Gross Margin: 7.11% > 18% (prev 0.08%; Δ 702.6% > 0.5%)
Asset Turnover: 223.5% > 50% (prev 291.0%; Δ -67.51% > 0%)
Interest Coverage Ratio: -3.13 > 6 (EBITDA TTM -39.0m / Interest Expense TTM 14.9m)

Altman Z'' -9.75

A: 0.22 (Total Current Assets 205.6m - Total Current Liabilities 155.6m) / Total Assets 223.5m
B: -2.23 (Retained Earnings -497.6m / Total Assets 223.5m)
C: -0.17 (EBIT TTM -46.6m / Avg Total Assets 281.0m)
D: -2.71 (Book Value of Equity -497.6m / Total Liabilities 183.6m)
Altman-Z'' Score: -9.75 = D

Beneish M -2.62

DSRI: 2.07 (Receivables 7.39m/5.59m, Revenue 628.0m/985.0m)
GMI: 1.12 (GM 7.11% / 7.95%)
AQI: 1.26 (AQ_t 0.04 / AQ_t-1 0.03)
SGI: 0.64 (Revenue 628.0m / 985.0m)
TATA: -0.47 (NI -54.9m - CFO 49.5m) / TA 223.5m)
Beneish M-Score: -2.62 (Cap -4..+1) = A

What is the price of OPAD shares?

As of February 07, 2026, the stock is trading at USD 0.93 with a total of 2,058,772 shares traded.
Over the past week, the price has changed by -8.82%, over one month by -38.00%, over three months by -47.46% and over the past year by -59.39%.

Is OPAD a buy, sell or hold?

Offerpad Solutions has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold OPAD.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the OPAD price?

Issuer Target Up/Down from current
Wallstreet Target Price 2.2 138.7%
Analysts Target Price 2.2 138.7%
ValueRay Target Price 0.5 -46.2%

OPAD Fundamental Data Overview February 03, 2026

P/E Forward = 2.9603
P/S = 0.0767
P/B = 1.2202
Revenue TTM = 628.0m USD
EBIT TTM = -46.6m USD
EBITDA TTM = -39.0m USD
Long Term Debt = 14.6m USD (from longTermDebt, last quarter)
Short Term Debt = 142.2m USD (from shortLongTermDebt, last quarter)
Debt = 252.4m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -31.0m USD (from netDebt column, last quarter)
Enterprise Value = 269.6m USD (48.2m + Debt 252.4m - CCE 31.0m)
Interest Coverage Ratio = -3.13 (Ebit TTM -46.6m / Interest Expense TTM 14.9m)
EV/FCF = 6.09x (Enterprise Value 269.6m / FCF TTM 44.3m)
FCF Yield = 16.43% (FCF TTM 44.3m / Enterprise Value 269.6m)
FCF Margin = 7.05% (FCF TTM 44.3m / Revenue TTM 628.0m)
Net Margin = -8.74% (Net Income TTM -54.9m / Revenue TTM 628.0m)
Gross Margin = 7.11% ((Revenue TTM 628.0m - Cost of Revenue TTM 583.3m) / Revenue TTM)
Gross Margin QoQ = 7.04% (prev 8.85%)
Tobins Q-Ratio = 1.21 (Enterprise Value 269.6m / Total Assets 223.5m)
Interest Expense / Debt = 1.44% (Interest Expense 3.65m / Debt 252.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -36.8m (EBIT -46.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.32 (Total Current Assets 205.6m / Total Current Liabilities 155.6m)
Debt / Equity = 6.33 (Debt 252.4m / totalStockholderEquity, last quarter 39.9m)
Debt / EBITDA = 0.79 (negative EBITDA) (Net Debt -31.0m / EBITDA -39.0m)
Debt / FCF = -0.70 (Net Debt -31.0m / FCF TTM 44.3m)
Total Stockholder Equity = 36.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -19.54% (Net Income -54.9m / Total Assets 223.5m)
RoE = -150.1% (Net Income TTM -54.9m / Total Stockholder Equity 36.6m)
RoCE = -91.07% (EBIT -46.6m / Capital Employed (Equity 36.6m + L.T.Debt 14.6m))
RoIC = -15.24% (negative operating profit) (NOPAT -36.8m / Invested Capital 241.8m)
WACC = 2.77% (E(48.2m)/V(300.6m) * Re(11.28%) + D(252.4m)/V(300.6m) * Rd(1.44%) * (1-Tc(0.21)))
Discount Rate = 11.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.06%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈44.3m ; Y1≈29.1m ; Y5≈13.3m
Fair Price DCF = 9.61 (EV 422.8m - Net Debt -31.0m = Equity 453.7m / Shares 47.2m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -58.17 | EPS CAGR: -13.48% | SUE: -1.77 | # QB: 0
Revenue Correlation: -93.99 | Revenue CAGR: -39.39% | SUE: -3.38 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.17 | Chg30d=+0.013 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=-0.50 | Chg30d=+0.047 | Revisions Net=+1 | Growth EPS=+67.1% | Growth Revenue=+23.8%

Additional Sources for OPAD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle