Offerpad Solutions (OPAD) Gets a Hold Rating from Jefferies

Jefferies analyst John Colantuoni maintained a Hold rating on Offerpad Solutions (OPADResearch Report) on July 24 and set a price target of $5.00. The company’s shares closed last Monday at $2.28, close to its 52-week low of $2.11.

According to, Colantuoni has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -22.9% and a 22.4% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as Mercadolibre, ACV Auctions, and Carvana Co.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Offerpad Solutions with a $6.80 average price target.

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Based on Offerpad Solutions’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.37 billion and net profit of $40.99 million. In comparison, last year the company earned revenue of $223 million and had a GAAP net loss of $1.32 million.

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