Offerpad Reports Fourth Quarter & Full Year 2024 Results
Offerpad Solutions Inc. Class A (OPAD)
Company Research
Source: Business Wire
2024 Net Loss Improves 47%, or $55 million Versus Prior Year TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months and full year ended December 31, 2024.“In the fourth quarter, revenue exceeded the midpoint of our guidance, supported by a balanced mix of offerings. This performance was achieved with the support of our Renovate business surpassing $18 million in revenue for the year and our improved advertising efficiencies driven by our Agent Partnership Program growing to nearly a third of our acquisitions,” said Brian Bair, Offerpad’s CEO. “We’ve made tremendous product improvements as we’ve remain
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OPAD
News
- Some Offerpad Solutions Inc. (NYSE:OPAD) Analysts Just Made A Major Cut To Next Year's Estimates [Yahoo! Finance]Yahoo! Finance
- Offerpad Solutions Full Year 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Offerpad Solutions Inc. (NYSE: OPAD) had its price target lowered by analysts at Keefe, Bruyette & Woods from $3.15 to $2.25. They now have a "market perform" rating on the stock.MarketBeat
- Offerpad Solutions Inc. (NYSE: OPAD) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $5.00 to $2.00. They now have a "neutral" rating on the stock.MarketBeat
- Offerpad’s B2B Renovate Program Continues Strong Growth, Diversifies Portfolio with Expanding PartnershipsBusiness Wire
OPAD
Earnings
- 2/24/25 - Miss
OPAD
Sec Filings
- 3/7/25 - Form 144
- 3/5/25 - Form 144
- 3/4/25 - Form 4
- OPAD's page on the SEC website