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Offerpad Solutions Inc has a consensus price target of $6.67 based on the ratings of 10 analysts. The high is $18 issued by Cantor Fitzgerald on September 18, 2023. The low is $3 issued by Jefferies on October 22, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Keefe, Bruyette & Woods, and Jefferies on December 16, 2024, November 6, 2024, and October 22, 2024, respectively. With an average price target of $3.55 between JMP Securities, Keefe, Bruyette & Woods, and Jefferies, there's an implied -2.74% downside for Offerpad Solutions Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Offerpad Solutions (NYSE:OPAD) was reported by JMP Securities on December 16, 2024. The analyst firm set a price target for $4.50 expecting OPAD to rise to within 12 months (a possible 23.29% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Offerpad Solutions (NYSE:OPAD) was provided by JMP Securities, and Offerpad Solutions reiterated their market outperform rating.
The last upgrade for Offerpad Solutions Inc happened on August 6, 2024 when Keefe, Bruyette & Woods raised their price target to $3.75. Keefe, Bruyette & Woods previously had an underperform for Offerpad Solutions Inc.
The last downgrade for Offerpad Solutions Inc happened on April 24, 2023 when Wedbush changed their price target from $1 to $0.5 for Offerpad Solutions Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Offerpad Solutions, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Offerpad Solutions was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.
While ratings are subjective and will change, the latest Offerpad Solutions (OPAD) rating was a reiterated with a price target of $4.50 to $4.50. The current price Offerpad Solutions (OPAD) is trading at is $3.65, which is out of the analyst’s predicted range.
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