Offerpad Solutions Inc. (OPAD) Stock

Offerpad Solutions Inc. (OPAD) is a Real Estate stock trading at $4.21 (as of 2026-08-20), with a market capitalization of $20.35M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.

Understand Offerpad Solutions Inc.: how it makes money

Offerpad buys, sells, and renovates homes for U.S. homeowners through its on-demand iBuying platform, earning money when acquired properties and renovation-related services are monetized as closed transactions, including ancillary services like mortgage and title insurance arranged for customers.

The profit model is driven by how efficiently Offerpad converts acquired and owned homes into sold homes, where inventory aging (including homes over 180 days) and the speed to cash create or erode profitability, even alongside the incremental contribution from the Offerpad Renovate program.

Business quality (Weak): Strong visibility into operational KPIs that map to cash conversion and inventory health, but the provided segment revenue breakdown is incomplete versus total revenue.

Bull case

  • Operational focus on cash conversion: Offerpad tracks “Time to Cash for Homes Sold,” a direct operating measure of how quickly homes turn into cash after being sold.
  • Renovation activity and measurable customer metrics: The company reports both Offerpad Renovate activity (such as “Offerpad Renovate Completed Projects”) and customer metrics like “Customer Satisfaction Rating” and “Net Promoter Score.”

Bear case

  • Profitability pressure at the operating level: Latest quarter operating margin was negative (operating margin_pct is -11.3), which indicates structural difficulty turning revenue into operating profit.
  • Inventory aging can weigh on results: The presence of homes “Aged Over 180 Days” and homes “Inventory Aged Over 180 Days” suggests some properties are not converting quickly, which can pressure the economics of an iBuying model.
Valuation — source: SEC EDGAR (first-party)
Price$4.21
Market Cap$20.35M
Price / Book0.55
Price / Sales0.05
FCF Yield361.7%
DCF Value (model)$0.81
DCF Upside vs Price-80.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$567.81M
Net Margin-8.2%
Revenue Growth (YoY)-51.6%
EPS Growth (YoY)397.4%
FCF Growth (YoY)91.0%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.27 (distress)
Valuation vs Sector & Industry
Sector P/E (Real Estate)27.1
Industry P/E (Real Estate)29.8
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFirst American Financial Corp ($3.35M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryReal Estate
CEOPeter H. Knag
Employees200
CountryUS
IPO Date2020-12-11

Related Companies (Business model: Real Estate Services / Brokerage / Property Management; 8 closest by market cap; US-domiciled)

  • Newmark Group, Inc. (NMRK)
  • Marriott Vacations Worldwide Corporation (VAC)
  • Opendoor Technologies Inc. (OPEN)
  • Marcus & Millichap, Inc. (MMI)
  • eXp World Holdings, Inc. (AGNT)
  • RE/MAX Holdings, Inc. (RMAX)
  • Douglas Elliman Inc. (DOUG)
  • Linkhome Holdings Inc. (LHAI)
OPAD earnings history · OPAD institutional & insider holders · OPAD KPIs & operating metrics · OPAD financials · OPAD investor presentations & press releases · OPAD SEC filings · OPAD peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.