Funko, Offerpad Shares Fall as Oil Surge and Weak Sentiment Pressure Consumer Stocks

Funko and Offerpad shares fell May 14, 2026, as a jump in Brent crude and record-low consumer sentiment raised concerns that households will curb discretionary spending. The University of Michigan’s preliminary May sentiment index fell to 48.2, with about one-third of consumers citing high gasoline prices and 30% pointing to tariffs. Goldman Sachs cut its 2026 discretionary cash-flow growth forecast to 3.7% from 5.1%, citing higher energy costs crowding out consumer budgets. Offerpad, which has recorded 97 moves of more than 5% over the past year, is down 51.6% in 2026 and recently traded at $0.64, 89.7% below its 52-week high of $6.23 from August 2025. On May 4, 2026, the stock fell 16.4% after first-quarter revenue dropped 50.2% year over year to $80.08 million and second-quarter revenue guidance of about $85 million missed analyst estimates by 26.1%.