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Offerpad Solutions Inc. - OPAD STOCK NEWS

Welcome to our dedicated news page for Offerpad Solutions (Ticker: OPAD), a resource for investors and traders seeking the latest updates and insights on Offerpad Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Offerpad Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Offerpad Solutions's position in the market.

Rhea-AI Summary
Offerpad Solutions Inc. (NYSE: OPAD) will release its first-quarter 2024 financial results on May 6th and host a conference call to discuss the financial results and recent developments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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Rhea-AI Summary
Offerpad Solutions Inc. (NYSE: OPAD) announces sponsorship of IMN's Single Family Rental Forum, showcasing commitment to real estate community. They will participate in East and West Coast conferences, emphasizing collaboration with investors and focus on renovation projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
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none
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Rhea-AI Summary
Offerpad Solutions Inc. (OPAD) expands Offerpad Max agent program to all markets after initial success in select zones. Partner network drives growth strategy. New services, including Offerpad Renovate, see significant revenue growth. CEO Brian Bair emphasizes commitment to simplifying real estate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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none
Rhea-AI Summary
Offerpad Solutions Inc. (NYSE: OPAD) CEO Brian Bair will participate in a fireside chat at The Citizens JMP Technology Conference. The event will take place on March 5, 2024, at 12:00 pm PT. Investors can access a live webcast on Offerpad's Investor Relations website. A webcast replay will be available for 180 days post-event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
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Rhea-AI Summary
Offerpad Solutions Inc. (OPAD) reports Q4 2023 revenue of $240.5 million, in line with guidance, with full-year revenue at $1.3 billion. The company aims for sustainable profitability in 2024 through cost reductions and strategic initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.41%
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Rhea-AI Summary
Offerpad Solutions Inc. (NYSE: OPAD) will release its Q4 and full year 2023 financial results on February 26, 2024. A conference call to discuss the results and recent developments will be held on the same day. The call will be webcast live on Offerpad's Investor Relations website, with a replay available after the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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none
Rhea-AI Summary
Offerpad Solutions Inc. has announced a new 3% + 1% agent program, expanding its current Agent Partnership Program. The program empowers agents to integrate with Offerpad's suite of products and aims to streamline the home buying and selling journey for consumers. The company has introduced two principal tiers: Offerpad PRO and Offerpad MAX, providing opportunities for agents to increase their earnings and gain access to extensive tools and resources. The PRO program will launch in all Offerpad markets mid-February, while MAX is set to launch in select cities. Guided by its founder Brian Bair, Offerpad is committed to providing solutions and support for real estate agents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.55%
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Rhea-AI Summary
Offerpad Solutions Inc. (NYSE: OPAD) reported Q3 2023 financial results, with revenue of $234.2 million, up 2% from the previous quarter. The company achieved a customer satisfaction score of 91% and NPS of 63%. Gross profit per home sold remained steady at $34,100. Offerpad expects to achieve sustainable Adjusted EBITDA profitability in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
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Rhea-AI Summary
Offerpad announces a nationwide collaboration with Anywhere Real Estate to extend its reach and serve seller requests from areas outside of Offerpad's coverage. The collaboration aims to create significant transformations within the real estate sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.36%
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Rhea-AI Summary
Offerpad signs multi-year agreement as Official Partner of Clemson Athletics
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.12%
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Offerpad Solutions Inc.

NYSE:OPAD

OPAD Rankings

OPAD Stock Data

212.00M
14.81M
11.21%
47.31%
3.44%
Offices of Real Estate Agents and Brokers
Real Estate and Rental and Leasing
Link
United States of America
CHANDLER

About OPAD

offerpad was created by an innovative team of real estate experts who have optimized the path to sold through decades of experience. collectively, our team has bought and sold nearly 50,000 homes across the country. this industry expertise paired with market knowledge is what makes offerpad a game changer for home sellers. offerpad is fair and fast, so you can be smart and sold, in as little as 5 days.