- Investing.com
Offerpad Solutions Inc., together with its subsidiaries, provides a technology-enabled real estate solutions platform in the United States. It operates through Cash Offer, Renovate, and Other segments. The company offers Cash Offer, which allows customers to access the company’s website or mobile application to receive a cash offer range for their home; and renovation services to other businesses. It also provides a Cash Offer Marketplace, including Direct+ partners, which provide buyers with an opportunity to purchase homes from homeowners; and brokerage services, which allow sellers to select from different agent-led pathways to sell their home. In addition, the company offers HomePro, which pairs local agents with its platform, data, and customer flow to deliver guided and in-person services; and the Agent Partnership Program, which allows third-party agents to present a cash offer to customers. Further, it provides ancillary products and services comprising energy efficiency solutions, smart home technology, insurance, and home warranty services, as well as mortgage, title insurance, and escrow services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Tempe, Arizona.
iBuying Evolution | Offerpad adapts its business model, focusing on asset-light services and cost-saving measures to navigate challenging real estate market conditions |
Financial Resilience | Strong balance sheet with $43M cash and no long-term debt positions Offerpad for flexibility amid market uncertainties and potential growth opportunities |
Explore Growth Drivers | Asset-light services like Direct Plus and Renovate show promising growth, offering higher margins and diversifying revenue streams in a shifting market landscape |
Analyst Outlook | JMP Securities maintains a $4.50 price target, reflecting cautious optimism despite near-term headwinds in the real estate secto |
Metrics to compare | OPAD | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipOPADPeersSector | |
|---|---|---|---|---|
P/E Ratio | −0.8x | −4.0x | 9.3x | |
PEG Ratio | −0.03 | −0.05 | 0.01 | |
Price/Book | 1.0x | 4.0x | 0.9x | |
Price / LTM Sales | 0.1x | 1.1x | 3.9x | |
Upside (Analyst Target) | 103.5% | 41.2% | 11.8% | |
Fair Value Upside | Unlock | 12.4% | 0.9% | Unlock |