Exp World (NASDAQ:AGNT – Get Free Report) released its quarterly earnings data on Monday. The technology company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02, Zacks reports. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $971.32 million. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%.
Here are the key takeaways from Exp World’s conference call:
- Q1 showed improving profitability with gross profit of $75.3M, an operating loss of $8.8M (a 15% YoY improvement), Adjusted EBITDA of $4.1M (up 88% YoY and above guidance midpoint), and cash up 6% to $122M.
- By segment, North America Realty remains largest with $965.1M revenue and $10M Adjusted EBITDA (+29% YoY from cost saves), while International was the fastest-growing segment, up 27% in Q1.
- Management reiterated Q2 guidance (revenue $1.36B–$1.45B; Adjusted EBITDA $16M–$21M) and full-year 2026 guidance (revenue $4.85B–$5.15B; Adjusted EBITDA $50M–$75M) while emphasizing financial discipline.
- Executives cited growing macroeconomic uncertainty and limited visibility into the back half of the year as the primary reason for reiterating guidance and planning a mid-year reassessment.
- Strategic initiatives to widen the platform include the NextHome franchise add-on (multi-model chassis to reach independents; near-term financial contribution called modest and not yet in guidance) and the retooled SUCCESS coaching/events business, which management says should reach net income by 2027 and strengthen eXp’s platform moat.
Exp World Trading Up 1.5%
AGNT stock traded up $0.08 during trading hours on Wednesday, hitting $5.30. 157,581 shares of the stock were exchanged, compared to its average volume of 1,039,540. Exp World has a 12 month low of $5.14 and a 12 month high of $12.23. The firm has a market capitalization of $858.02 million, a P/E ratio of -52.99 and a beta of 2.20. The company has a 50-day simple moving average of $6.22 and a two-hundred day simple moving average of $8.43.
Institutional Trading of Exp World
Analysts Set New Price Targets
AGNT has been the subject of a number of research analyst reports. Zelman & Associates assumed coverage on shares of Exp World in a research report on Friday, March 20th. They set an “underperform” rating and a $4.75 price objective for the company. Wall Street Zen upgraded shares of Exp World to a “hold” rating in a research note on Sunday. Benchmark initiated coverage on shares of Exp World in a report on Thursday, March 26th. They set a “buy” rating and a $8.00 target price for the company. Finally, DA Davidson lowered their price target on shares of Exp World from $11.00 to $10.25 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $7.67.
Get Our Latest Analysis on Exp World
About Exp World
eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.
At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.
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