Benzinga•2026-04-15
BTIG Reiterates Buy on Real Brokerage, Lowers Price Target to $4.25REAX — Real Brokerage Inc
NASDAQ · Real Estate · Real Estate
$2.64-34.49%Market cap507.46M
- Latest Close
- $2.64
- 30-Day Move
- -34.5%
- Market Cap
- $507M
- Shares Outstanding
- 210,480,000
- P/B Ratio
- 14.9
- ROE
- -15.7%
Analyst consensus: Buy · 12 analysts
NASDAQ:REAXReal Estate / Real EstateDelayed public snapshot
Real Brokerage Inc
A read-only Alphactor snapshot forReal Brokerage Inc. It uses the same research structure as the app, but with delayed data and shallow depth so search visitors can evaluate the stock before signing up.
Snapshot as of2026-04-21
Topline snapshot
Latest Close
$2.64
30-Day Move
-34.5%
Market Cap
$507M
Shares Outstanding
210,480,000
P/B Ratio
14.9
ROE
-15.7%
Not investment advice. Signals and scores shown here are model outputs derived from historical data, not recommendations. Past performance does not guarantee future results. Do your own research before trading. Full disclaimer
Chart snapshot
$2.64
-34.5%last 90 delayed daily bars
Market cap$507M
90D High
$4.50
90D Low
$2.31
Avg Volume
1,567,830
What stands out
Gross margin is running at 8.3%, which gives a quick read on operating quality before you open the full model.
Net margin is -67.0%, useful for comparing REAX against peers in Real Estate.
REAX is down 34.5% over the last 30 trading days shown on this page.
Latest operating income is $-8M, which helps anchor the headline ratios with an actual earnings figure.
Research snapshot
Composite Fair Value
$35.12
Rule of 40
58.8%
Dark Pool Short %
45.6%
Fundamentals snapshot
Latest Close
$2.64
30-Day Move
-34.5%
Market Cap
$507M
Shares Outstanding
210,480,000
P/B Ratio
14.9
ROE
-15.7%
ROA
-6.4%
Gross Margin
8.3%
Operating Margin
-77.0%
Net Margin
-67.0%
Debt / Equity
0
Current Ratio
1.41
Latest Revenue
$2.0B
Financial statement snapshot
Revenue
$2.0B
Gross Profit
$166M
Operating Income
$-8M
Net Income
$-8M
Gross Margin
825.0%
Net Margin
-67.0%
Current Ratio
1.41
Debt / Equity
0.00
Valuation snapshot
Fair Value
$35.12
Upside / Downside
+1230.4%
Signal
Undervalued
Implied Growth
-6.0%
DCF
$23.33
EV/Rev
$46.92
Growth Assumption
50.0%
Discount Rate
9.6%
Terminal Growth
2.0%
Base FCF
$62M
Valuation spread
Current Price
$2.64
Composite Fair Value
$35.12
DCF
$23.33
EV/Rev
$46.92
After signup
The full valuation workspace goes deeper
Adjust DCF growth, discount, and terminal assumptions instead of relying on one static snapshot.
Open the deeper balance-sheet and cash-flow views to inspect debt, liquidity, and cash generation line by line.
Compare multiple valuation models against peers and save your own thesis instead of re-reading a fixed public state.
Negative growth / decline priced in
Quality snapshot
Altman Z
18.38
Safe
Piotroski
5
Moderate (4-6)
Cash Conversion
-8.13x
Rule of 40
58.8%
Strong
Annual financial history
Annual performance mix
| Period | Revenue | Operating Income | Net Income | Free Cash Flow |
|---|---|---|---|---|
| 2022-12-31 | $382M | $-20M | $-21M | $5M |
| 2023-12-31 | $689M | $-26M | $-28M | $18M |
| 2024-12-31 | $1.3B | $-16M | $-27M | $48M |
| 2025-12-31 | $2.0B | $-8M | $-8M | $62M |
After signup
The app opens the full statement deep dive
Extend the history well beyond this public snapshot to inspect longer cycles and regime changes.
Move from summary lines into detailed balance-sheet and cash-flow rows for working capital, debt, and capex analysis.
Cross-link statement changes with alerts, watchlists, and saved research workflows after signup.
News snapshot
After signup
The full sentiment workspace adds context
Go past the public headlines into fuller article history, source cross-checks, and deeper narrative tracking.
Tie news into alerts, watchlists, and conviction changes instead of browsing one static batch of stories.
ETF holders snapshot
| ETF | Shares | Weight | As Of |
|---|---|---|---|
| Fidelity Rutland Square TRT II-Strategic Advisers U.S. Total Stock Fd. | 6,728,978 | 0.03% | 2026-02-28 |
| iShares Trust-iShares Russell 2000 ETF | 3,243,055 | 0.02% | 2026-02-28 |
| College Retirement Equities Fd.-College Retirement Equities Fd. - Tota | 1,818,704 | 0.01% | 2025-12-31 |
| Fidelity Salem Street Trust-Fidelity Small Cap Index Fund | 1,288,263 | 0.01% | 2026-01-31 |
| iShares Trust-iShares Russell 2000 Growth ETF | 1,090,140 | 0.01% | 2026-02-28 |
| VANGUARD SCOTTSDALE FUNDS-Vanguard Russell 2000 Index Fund | 520,927 | 0.00% | 2025-11-30 |
| iShares Trust-iShares Micro-Cap ETF | 357,443 | 0.00% | 2026-01-31 |
| SCHWAB CAPITAL TRUST-Schwab Small-Cap Index Fund | 337,291 | 0.00% | 2026-01-31 |
After signup
The deeper ownership view shows who is leaning in
Open richer institutional and holder diffs to see position changes across filings instead of one static snapshot.
Use those ownership shifts alongside conviction and alerts in the full app workflow.
Institutional holders snapshot
BlackRock
Filed 2024-08-13
$20M
--
Citadel Advisors
Filed 2025-11-14
$18M
--
Renaissance Technologies
Filed 2025-11-13
$8M
+66.0%
Geode Capital Management
Filed 2025-08-08
$6M
+6.6%
Qube Research & Technologies
Filed 2025-11-14
$3M
+202.1%
Vanguard Group
Filed 2025-08-11
$3M
+11.0%
Dark-pool activity snapshot
Analyst consensus?
Rating(?)
4.25
Consensus
BuyTarget Mean(?)
—
Target High(?)
—
Target Low(?)
—
Analysts
12
For informational and educational purposes only. Not financial advice. Learn more
Related reading
Research and strategy guides from the alphactor blog.
How to Analyze REITs: FFO, NAV
A practical guide to REIT-specific valuation metrics, including FFO, AFFO, NAV, and the cap rate framework that replaces traditional equity analysis.
Accruals Quality: How to Spot Earnings That Aren't Real
Accruals measure the gap between reported earnings and actual cash. Widening accruals is one of the most reliable red flags in financial analysis — Sloan's…
Altman Z-Score: A Bankruptcy Predictor That Still Works
Edward Altman's 1968 discriminant model predicts bankruptcy within two years about 72% of the time at its distress threshold.