Offerpad Stock Spikes 2% In After-Hours Trading: Here's Why Its Moving

Benzinga
2025.09.03 06:14
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Offerpad Solutions Inc. (OPAD) saw a 2.15% increase to $5.22 in after-hours trading, driven by speculation of Federal Reserve rate cuts. The stock has been volatile, rising from $0.91 in June to $6.23 in August, before closing at $5.11 on Tuesday. The surge is partly attributed to retail investor interest and expectations of lower borrowing costs benefiting housing market-dependent companies. OPAD's stock has increased over 325% in the last month, with a market cap of $156.28 million and a 52-week range of $0.91 to $6.35.

Offerpad Solutions Inc. OPAD gained 2.15% to $5.22 in after-hours trading on Tuesday. The after-hours movement continues the stock’s volatile pattern amid Federal Reserve rate cut speculation.

Check out the current price of OPAD stock here.

Fed Policy Expectations Drive Momentum

The Californian online real estate gains mirror sector peer Opendoor Technologies Inc. OPEN, as Federal Reserve rate cut expectations boost iBuyer sentiment. Both companies’ business models depend heavily on housing turnover and mortgage affordability, making them highly sensitive to interest rate policy changes.

Investment banks including Morgan Stanley & Co. LLC MS, Goldman Sachs Group Inc. GS, and JPMorgan Chase & Co. JPM have forecasted multiple Fed easing rounds through 2026.

Recent Volatility

Over the past six months, Offerpad’s stock increased significantly from $0.91 on June 30 to $6.23 on August 28, with trading volume rising from 82,000 shares to 112 million. However, by the close on Tuesday, the stock had pulled back to $5.11 with a volume of just 21,000 shares.

Retail Interest Amplifies Moves

OPAD has surged over 325.83% in last one month, driven partly by retail investor interest surrounding Opendoor’s 325.83% rally. Lower borrowing costs from potential Fed cuts would directly benefit companies relying on housing market activity, supporting the after-hours gains on Tuesday.

The stock’s 52-week range spans $0.91 to $6.35, with current market capitalization at $156.28 million and average volume of 13.89 million shares.

Price Action: According to Benzinga Pro, Offerpad closed at $5.11 on Tuesday, down 0.78%.

With a strong Momentum in the 96th percentile, Benzinga’s Edge Stock Rankings indicate that OPAD has a positive price trend across all time frames. Know how its momentum lines up with other industry players.

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