AlphaTON stock soars 200% after pioneering digital asset oncology initiative
In a challenging market environment, eXp World Holdings, Inc. (NASDAQ:EXPI) stock has touched a 52-week low, reaching a price level of $9.19. According to InvestingPro analysis, the company maintains a strong financial position with more cash than debt, while management has been actively buying back shares. This latest dip reflects a broader trend for the cloud-based real estate company, which has seen its shares decline by 13.32% over the past year. Investors are closely monitoring the company’s performance as it navigates through the volatile real estate sector, which has been impacted by fluctuating interest rates and economic uncertainty. Despite current challenges, InvestingPro data indicates analysts expect the company to return to profitability this year, with the stock currently trading at attractive revenue multiples. The 52-week low serves as a critical indicator for shareholders and potential investors, marking the lowest price point for EXPI stock within the last year and setting a new threshold for the company’s market valuation. Discover 15+ additional exclusive insights about EXPI with InvestingPro’s comprehensive analysis tools.
In other recent news, eXp World Holdings, Inc. reported a 12% increase in revenue for the fourth quarter, surpassing consensus estimates by 6%. The company also achieved an adjusted EBITDA of $7.7 million, which was significantly better than the expected $2 million loss. DA Davidson maintained its Neutral rating on eXp World Holdings, with a price target of $13.50, noting the mixed results due to a decrease in the domestic agent count despite international growth. Additionally, eXp Realty, a subsidiary of eXp World Holdings, announced the launch of its Co-Sponsor Program, designed to accelerate agent growth by allowing new agents to choose both a Primary Sponsor and a Co-Sponsor. This initiative aims to enhance leadership support and onboarding processes.
In another development, eXp World Holdings amended its share repurchase plan, adjusting the monthly repurchase amounts and extending the plan through December 31, 2025. The specific changes to the repurchase amounts were not disclosed. Furthermore, eXp World Holdings announced the resignation of its Chief Accounting Officer, Jian (Kent) Cheng, effective March 31, 2025, with a transition plan in place to maintain financial stability. Lastly, eXp Realty added HGTV star Kortney Wilson to its roster, intending to leverage her expertise in home renovation and design to expand her global business presence.
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