Want to see AGNT full AI Analyst Report?
Top Page
eXp World Holdings
(NASDAQ:AGNT)
Select Model
Select Model
Rating:60Neutral
Price Target:
$4.50
▲(5.14% Upside)
Action:Reiterated
Date:09/15/26
AGNT scores moderately because financial resilience (strong cash generation and very low leverage) is offset by weak profitability and negative earnings. Technicals are a meaningful drag given the clear downtrend versus key moving averages and negative MACD. The earnings call was a net positive (record revenue, margin/EBITDA improvement, AI efficiency), but cautious guidance and macro/legal cost risks temper the upside; valuation support mainly comes from the higher dividend yield despite a loss-making P/E.
Positive Factors
Scaled growth and market position
Double-digit growth in revenue and transactions, together with market-share gains, indicates that eXp is expanding its platform at meaningful scale. A larger transaction base can reinforce agent attraction, improve operating leverage, and strengthen the company’s competitive position over the next several quarters.
Negative Factors
Persistent weak profitability
Revenue expansion has not yet translated into consistent earnings because margins remain thin and operating performance is still negative. Persistent losses reduce internal capital formation and leave the business more dependent on disciplined cost control and continued transaction growth to establish durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Scaled growth and market position
Double-digit growth in revenue and transactions, together with market-share gains, indicates that eXp is expanding its platform at meaningful scale. A larger transaction base can reinforce agent attraction, improve operating leverage, and strengthen the company’s competitive position over the next several quarters.
Read all positive factors
eXp World Holdings Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks revenue into agent commissions, revenue share, cloud services, and ancillary offerings to show which businesses drive growth and margins. Shifts in the mix reveal strategic direction and exposure to transaction cycles versus recurring revenue streams.
Breaks revenue into agent commissions, revenue share, cloud services, and ancillary offerings to show which businesses drive growth and margins. Shifts in the mix reveal strategic direction and exposure to transaction cycles versus recurring revenue streams.
Data provided by:
The Fly
The FlyeXp World Holdings (AGNT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$643.40M
Dividend Yield5.22%
Average Volume (3M)1.40M
Price to Earnings (P/E)―
Beta (1Y)0.91
Revenue Growth8.07%
EPS Growth47.74%
CountryUS
Employees1,834
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)-0.11
Shares Outstanding167,117,940
10 Day Avg. Volume1,804,255
30 Day Avg. Volume1,396,612
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)5.85
Price to Sales (P/S)0.30
P/FCF Ratio13.10
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.38Price Target Upside25.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.05
Revenue Forecast (FY)$5.00B
eXp World Holdings Business Overview & Revenue Model
Company Description
eXp World Holdings, Inc. is dedicated to acquiring and managing a variety of service-based enterprises. The company provides customers with access to its VirBELA virtual reality software platform through paid subscriptions. Its operations are orga...
How the Company Makes Money
eXp World Holdings primarily makes money through its real estate brokerage operations by earning a portion of commissions generated when agents affiliated with its brokerage close property transactions. In this model, homebuyers and sellers pay tr...
eXp World Holdings Earnings Call Summary
Earnings Call Date:Aug 04, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 04, 2026
Earnings Call Sentiment Positive
The call highlights a strong operational quarter: record revenue ($1.4B, +11% YoY), rising transactions (+12% YoY), improved productivity (+6% PPP), sizeable Adjusted EBITDA and cash growth, and meaningful AI-driven efficiency gains. International expansion is accelerating while its losses are narrowing. Notable challenges include macroeconomic headwinds expected to soften housing activity in H2, continued legal/one-time expense items (~$8M) and a cautious guidance posture. NextHome adds strategic breadth but currently contributes modestly and uses a different revenue profile. Overall, positives around revenue, margin improvement, cash position, AI adoption, and international momentum outweigh the lowlights, though the company remains cautious about macro risks and some near-term costs.Positive Updates
Record Revenue and Transaction Growth
Revenue of $1.4B in Q2 2026, up 11% year-over-year; over 132,000 sales transactions, up 12% year-over-year; sales volume up 15% for the quarter.
Negative Updates
Macroeconomic Headwinds and Housing Outlook
Management expects continued H2 2026 uncertainty due to sticky inflation, Middle East conflict, and a weakening Japanese yen that has pressured bond markets (10-year Treasury ~4.7%); company expects housing activity to track softer into year end.
Read all updates
Q2-2026 Updates
Positive
Negative
Record Revenue and Transaction Growth
Revenue of $1.4B in Q2 2026, up 11% year-over-year; over 132,000 sales transactions, up 12% year-over-year; sales volume up 15% for the quarter.
Read all positive updates
Company Guidance
AGNT updated its outlook with Q3 revenue of $1.35B–$1.45B, Q3 operating expenses of $85M–$90M, and Q3 Adjusted EBITDA of $17M–$22M; for full-year 2026 it now expects revenue of $4.85B–$5.15B, operating expenses of $355M–$365M and a tightened Adjusted EBITDA range of $50M–$60M. Management said the guidance (now including NextHome, which is currently under 10% of the business) balances productivity gains against a challenging macro environment and that the company will remain financially flexible, reserving the right to invest to support agents and the platform.eXp World Holdings Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.96B | 4.77B | 4.57B | 4.27B | 4.59B | 3.77B |
| Gross Profit | 338.93M | 333.58M | 342.39M | 319.92M | 361.17M | 296.03M |
| EBITDA | -2.23M | -11.90M | 30.23M | 11.41M | 26.20M | 40.40M |
| Net Income | -17.19M | -22.71M | -21.27M | -8.97M | 15.44M | 81.22M |
Balance Sheet | ||||||
| Total Assets | 539.17M | 442.48M | 390.72M | 385.67M | 381.68M | 413.83M |
| Cash, Cash Equivalents and Short-Term Investments | 111.16M | 124.25M | 113.61M | 125.87M | 121.59M | 175.91M |
| Total Debt | 0.00 | 0.00 | 0.00 | 10.00K | 869.00K | 1.08M |
| Total Liabilities | 258.32M | 199.70M | 185.85M | 141.66M | 132.69M | 190.29M |
| Stockholders Equity | 280.85M | 242.78M | 204.87M | 242.84M | 247.82M | 222.17M |
Cash Flow | ||||||
| Free Cash Flow | 92.41M | 108.39M | 183.64M | 201.17M | 198.48M | 233.47M |
| Operating Cash Flow | 102.02M | 118.61M | 191.51M | 209.13M | 210.53M | 246.89M |
| Investing Cash Flow | -17.33M | -23.47M | -19.47M | -13.50M | -22.46M | -18.90M |
| Financing Cash Flow | -57.88M | -86.54M | -170.38M | -184.09M | -204.51M | -179.94M |
eXp World Holdings Technical Analysis
Negative
4.28
Price Trends
4.17
Negative
4.63
Negative
6.17
Negative
Market Momentum
-0.12
Positive
42.55
Neutral
38.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AGNT, the sentiment is Negative. The current price of 4.28 is above the 20-day moving average (MA) of 4.04, above the 50-day MA of 4.17, and below the 200-day MA of 6.17, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 42.55 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AGNT.
eXp World Holdings Risk Analysis
eXp World Holdings disclosed 35 risk factors in its most recent earnings report. eXp World Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
eXp World Holdings Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $2.53B | 16.82 | 10.45% | 1.29% | 23.06% | 88.89% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | $643.40M | -35.56 | -6.78% | 5.22% | 8.07% | 47.74% | |
59 Neutral | $377.27M | -25.84 | -25.78% | ― | 38.44% | -12.22% | |
51 Neutral | $145.42M | 6.00 | 15.69% | 6.66% | -2.75% | ― |
* Real Estate Sector Average
AGNT
eXp World Holdings
3.83
-6.67
-63.53%
NMRK
Newmark Group
13.94
-5.17
-27.07%
REAX
Real Brokerage
17.13
-32.77
-65.67%
DOUG
Douglas Elliman Inc.
1.56
-1.30
-45.45%
eXp World Holdings Corporate Events
Business Operations and StrategyStock Buyback
AGNT Accelerates Share Repurchase Under eXp Capital Strategy
Positive
Sep 15, 2026
AGNT, Inc., a subsidiary of eXp World Holdings operating in the real estate services sector, focuses on technology-enabled brokerage and agent support solutions, with a business model centered on agent productivity and capital return to shareholde...
Business Operations and StrategyStock Buyback
eXp World Holdings Announces Insider Share Repurchase Agreement
Positive
Sep 8, 2026
On September 3, 2026, AGNT, Inc. agreed to repurchase 8,693,290 shares of its common stock from the Gratitude 2022 Trust, whose sole beneficiaries are adult family members of Chairman and CEO Glenn Sanford. The agreed price is $3.68 per share, bas...
Business Operations and StrategyDividendsFinancial DisclosuresM&A Transactions
eXp World Holdings Reports Strong Q2 Revenue and Growth
Positive
Aug 4, 2026
AGNT, Inc. reported record second-quarter 2026 revenue of $1.4 billion, up 11% year-on-year, while net loss widened slightly to $2.7 million as operating expenses rose modestly to $97.2 million.
Adjusted EBITDA surged 129% to $25.7 million, suppor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.