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OPAD News and Press, Offerpad Solutions Inc. Class A From 03/08/23

Stock Information

Company Name: Offerpad Solutions Inc. Class A
Stock Symbol: OPAD
Market: NYSE
Website: offerpad.com

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OPAD - Offerpad Solutions cut to Neutral at J.P. Morgan on inadequate home acquisition volume

2023-03-08 09:09:34 ET J.P. Morgan on Wednesday downgraded shares of Offerpad Solutions ( NYSE: OPAD ) to Neutral from Overweight as the iBuying company's projected pace of home acquisitions for the second quarter is not adequate to meet consensus estimates. The stock slid ...

OPAD - Stocks To Watch: Tesla, Rivian, Chevron, And Goldman Sachs Could See Jolts

Get ahead of the market by subscribing to Seeking Alpha's Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. ...

OPAD - Offerpad to Present at Upcoming Investor Conference

Offerpad Solutions Inc. (NYSE: OPAD), 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 10:00 am PT on Monday, March 6, 2023 at the JMP Securities Technology Conference. A live w...

OPAD - Offerpad Solutions Inc. (OPAD) Q4 2022 Earnings Call Transcript

Offerpad Solutions Inc. (OPAD) Q4 2022 Earnings Conference Call February 22, 2023, 05:00 PM ET Company Participants Stefanie Layton - VP-IR and ESG Brian Bair - Chairman and CEO Michael Burnett - CFO Conference Call Participants Dae Lee - JPMorgan Nick ...

OPAD - Offerpad Solutions GAAP EPS of -$0.49 misses by $0.26, revenue of $677.2M beats by $115.18M, guidance below consensus

Offerpad Solutions press release ( NYSE: OPAD ): Q4 GAAP EPS of -$0.49 misses by $0.26 . Revenue of $677.2M (-21.9% Y/Y) beats by $115.18M . FQ1 Revenue expected in the range of $480M – $540M, vs. consensus of $624.40M. “We expect our first quarter 20...

OPAD - Offerpad Reports Fourth Quarter and Full-Year 2022 Results

Reduced legacy inventory and strengthened balance sheet with new equity capital Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended and year ended Dece...

OPAD - Opendoor: The Housing Market Looks Like It's In Trouble

Summary Opendoor is an iBuyer operating in the US market. The business rose to fame as it benefited from COVID-19 demand but has subsequently slumped over 90%. Our view of the economic climate suggests the housing market will continue to fall in 2023 and into early 2024. Opendoo...

OPAD - Here's Why Opendoor Is Soaring

Leading iBuyer Opendoor (NASDAQ: OPEN) was having an excellent day on Thursday. As of 3 p.m. EST, the real estate disruptor's stock had risen by 14% for the day and has now more than tripled from its 52-week low in just over a month. There isn't any company-specific news driving t...

OPAD - Offerpad Solutions enters into $90M private placement

Offerpad Solutions ( NYSE: OPAD ) has entered into subscription agreements with a group of private investors, together with CEO Brian Bair and existing stockholders Roberto Sella and First American Financial, to purchase an aggregate of ~160.7M prefunded warrants to purchase Offe...

OPAD - Offerpad Announces $90 Million Private Placement

Offerpad Solutions Inc. (“Offerpad”, “Company”) (NYSE: OPAD), a leading real estate tech company built to simplify home buying and selling, announced today that it has entered into subscription agreements with a group of private investors, together with CEO Brian Bair ...

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