Exp World (NASDAQ:AGNT) Announces Quarterly Earnings Results

Exp World (NASDAQ:AGNT) posted 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 firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $971.32 million. Exp World had a negative net margin of 0.48% and a negative return on equity of 10.00%.

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 Down 8.5%

AGNT stock opened at $6.04 on Tuesday. The stock has a market capitalization of $977.83 million, a P/E ratio of -43.14 and a beta of 2.20. The firm has a 50-day moving average price of $6.26 and a 200-day moving average price of $8.47. Exp World has a 12 month low of $5.66 and a 12 month high of $12.23.

Exp World News Summary

Here are the key news stories impacting Exp World this week:

• Positive Sentiment: Q1 2026 revenue was $1.01 billion, topping Wall Street estimates, and adjusted EPS came in at -$0.03 versus expectations of -$0.05, showing the company outperformed on both sales and profitability relative to forecasts. Conference Call / Earnings Report
• Positive Sentiment: The company also raised its outlook, guiding Q2 revenue to $1.36 billion-$1.45 billion and full-year 2026 revenue to $4.9 billion-$5.2 billion, which suggests management expects continued top-line growth. Q2 Guidance / NextHome
• Positive Sentiment: eXp continued expanding its platform through the NextHome acquisition, including NextHome Canada’s addition of INITIA’s 1,000-agent organization and new coastal offices in Southern California, which could support future transaction volume and scale. NextHome / INITIA Expansion
• Neutral Sentiment: Investors are also digesting transcript and press-release commentary from the Q1 earnings call, which may contain details on integration plans, agent growth, and cost discipline. Earnings Transcript
• Negative Sentiment: Despite the revenue beat, earnings remained negative and profitability metrics were weak, with net margin still slightly negative and return on equity at -10%, which can weigh on the stock if investors want clearer evidence of operating leverage. Q1 2026 Results

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AGNT. Royal Bank of Canada boosted its position in shares of Exp World by 14.0% in the first quarter. Royal Bank of Canada now owns 212,604 shares of the technology company’s stock valued at $2,079,000 after acquiring an additional 26,118 shares during the period. AQR Capital Management LLC bought a new stake in shares of Exp World during the 1st quarter worth $180,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Exp World by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,677 shares of the technology company’s stock valued at $476,000 after acquiring an additional 2,042 shares during the last quarter. Millennium Management LLC lifted its stake in Exp World by 126.7% during the first quarter. Millennium Management LLC now owns 905,523 shares of the technology company’s stock worth $8,856,000 after purchasing an additional 506,121 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Exp World by 21.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 622,336 shares of the technology company’s stock worth $6,086,000 after purchasing an additional 109,995 shares in the last quarter. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on AGNT. Benchmark started coverage on Exp World in a research note on Thursday, March 26th. They issued a “buy” rating and a $8.00 price objective on the stock. DA Davidson set a $11.00 price objective on Exp World in a research note on Thursday, February 26th. Zelman & Associates started coverage on shares of Exp World in a research note on Friday, March 20th. They issued an “underperform” rating and a $4.75 target price for the company. Finally, Wall Street Zen raised shares of Exp World to a “hold” rating in a report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Exp World currently has a consensus rating of “Hold” and a consensus price target of $7.92.

Exp World Company Profile

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.