Offerpad Solutions Inc. Class A Common Stock (OPAD)
1.9300
+0.2800 (16.97%)
Offerpad Solutions Inc is a technology-driven real estate company that simplifies the home buying and selling process
The company provides a platform for homeowners to easily sell their properties quickly and conveniently, often with a streamlined cash offer process. By leveraging data and technology, Offerpad enhances the customer experience in real estate transactions, making it easier for buyers to discover homes that meet their needs. With services that include home financing and renovations, Offerpad aims to provide a comprehensive solution in the residential real estate market.
Technology real estate company Offerpad (NYSEOPAD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 27.5% year on year to $174.3 million. On the other hand, next quarter’s revenue guidance of $160 million was less impressive, coming in 38.6% below analysts’ estimates. Its GAAP loss of $0.63 per share was 31.2% below analysts’ consensus estimates.
Offerpad (NYSEOPAD), a leading real estate solutions provider, continues to strengthen its portfolio with the growth of its B2B Renovate program, which has emerged as a significant revenue driver for the company. Building on Offerpad’s long-standing expertise in acquiring, renovating, and selling its own properties, the expansion of its renovation services to institutional investors and local operators underscores the company’s ability to balance and diversify its business model.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months and full year ended December 31, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 9:30 pm PT on Monday, March 3, 2025 at the Citizens JMP Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A webcast replay will be available on Offerpad’s website following the event.
Looking back on real estate services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Compass (NYSECOMP) and its peers.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, announced today that it will release fourth-quarter & full year 2024 financial results on Monday, February 24, 2025. 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.
Offerpad (NYSEOPAD), a leader in providing streamlined home selling solutions, is proud to announce the launch of PriceLock, a commitment to provide homeowners with confidence during the selling process.
Offerpad has gotten torched over the last six months - since July 2024, its stock price has dropped 36% to $2.95 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at RE/MAX (NYSERMAX) and the best and worst performers in the real estate services industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q3, starting with Anywhere Real Estate (NYSEHOUS).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at real estate services stocks, starting with Offerpad (NYSEOPAD).
Technology real estate company Offerpad (NYSEOPAD) beat Wall Street’s revenue expectations in Q3 CY2024, but sales fell 11.2% year on year to $208.1 million. On the other hand, next quarter’s revenue guidance of $172.5 million was less impressive, coming in 19.6% below analysts’ estimates. Its GAAP loss of $0.49 per share was 11.3% below analysts’ consensus estimates.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), 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.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 8:50 am PT on Tuesday, September 10, 2024 at the Goldman Sachs Communacopia + Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A webcast replay will be available on Offerpad’s website following the event for 180 days.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-driven platform for residential real estate, announced its launch of Powered By Offerpad (PBO), a new online portal for agents and agent teams who are part of the company’s Pro and Max agent programs. Offerpad continues to be a trusted leader among the agent community with its commitment to providing simple real estate solutions for all through its proprietary technology. The new portal launched in Q2 as the company’s Agent Partner Program flourishes; roughly one-third of all real estate acquisitions in Q2 ‘24 came through the program, and quarter over quarter requests increased 37%. The portal provides the necessary tools and resources for Max and Pro agents in one convenient location.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarter 2024 financial results on Monday, August 5, 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.
