EXPI Stock Forecast & Price Target

eXp World Holdings Inc has demonstrated a steady growth pattern, with its agent count increasing by approximately 1% quarter-over-quarter, reflecting consistent recruitment trends over seven of the last eight weeks of the quarter. Additionally, the company's financial forecasts indicate modest but positive adjustments, with anticipated revenue rising by 1% and EBITDA projected to grow by 4% for 2026. The upward revision of the 12-month price target to $12 suggests a favorable outlook based on a projected enterprise value to EBITDA multiple of 4.7x for the same year, signaling confidence in the company's operational and financial trajectory.

eXp World Holdings Inc. faces a potential downturn due to the fragility of the housing market, which could adversely affect the close rates and productivity of its agents. A downturn in housing activity may lead to a direct decline in the company's revenues, impacting its overall financial performance. Furthermore, the reliance of eXp's business model on the housing market makes it particularly vulnerable to market fluctuations, resulting in a pessimistic outlook for the company's financial stability.