Exp World (NASDAQ:AGNT) Shares Gap Down on Disappointing Earnings

Exp World Holdings, Inc. (NASDAQ:AGNT)’s stock price gapped down before the market opened on Wednesday following a dissappointing earnings announcement. The stock had previously closed at $4.22, but opened at $3.82. Exp World shares last traded at $3.97, with a volume of 168,694 shares trading hands.

The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.39 billion. Exp World had a negative return on equity of 7.05% and a negative net margin of 0.35%.The firm’s revenue was up 10.7% on a year-over-year basis.

Trending Headlines about Exp World

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

• Positive Sentiment: Exp World reported second-quarter revenue of approximately $1.45 billion, up 10.7% year over year and ahead of the $1.39 billion analyst consensus. The company also forecast third-quarter revenue of $1.4 billion to $1.5 billion, above the roughly $1.4 billion consensus. AGNT, Inc. Reports Q2 2026 Results
• Positive Sentiment: Mexico luxury brokerage Ronival Real Estate partnered with eXp Realty, potentially expanding the company’s presence in a high-end international market. Ronival Real Estate Partners with eXp Realty
• Positive Sentiment: Former professional baseball player and real estate executive Mike Mendoza joined eXp Realty Luxury with his Arizona-based team, adding experienced leadership and agents to the platform. Mike Mendoza Joins eXp Realty Luxury
• Neutral Sentiment: Full-year 2026 revenue guidance of $4.9 billion to $5.2 billion brackets the $5.0 billion consensus estimate, suggesting expectations were broadly maintained. The company did not provide a specific EPS figure in the guidance update. Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profitability disappointed: reports characterized second-quarter EPS as break-even or a $0.02 loss, versus consensus expectations for a $0.02–$0.03 profit. EPS also declined from $0.06 a year earlier. Exp World posted a negative net margin and negative return on equity, keeping investor focus on its path to sustainable profits.

Analyst Ratings Changes

A number of research firms recently commented on AGNT. DA Davidson reiterated a “neutral” rating and issued a $6.50 price objective (down from $10.25) on shares of Exp World in a report on Thursday, July 2nd. Wall Street Zen upgraded Exp World to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Exp World in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.42.

Institutional Trading of Exp World

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Exp World by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 14,113,222 shares of the technology company’s stock worth $127,725,000 after acquiring an additional 690,694 shares in the last quarter. State Street Corp increased its holdings in shares of Exp World by 4.6% in the fourth quarter. State Street Corp now owns 3,299,012 shares of the technology company’s stock worth $29,856,000 after acquiring an additional 145,657 shares in the last quarter. Bank of America Corp DE raised its position in shares of Exp World by 73.3% during the second quarter. Bank of America Corp DE now owns 3,289,449 shares of the technology company’s stock worth $29,934,000 after purchasing an additional 1,391,582 shares during the period. Renaissance Technologies LLC raised its position in shares of Exp World by 4.6% during the fourth quarter. Renaissance Technologies LLC now owns 2,656,716 shares of the technology company’s stock worth $24,043,000 after purchasing an additional 116,900 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Exp World by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,418,531 shares of the technology company’s stock valued at $21,891,000 after purchasing an additional 38,134 shares in the last quarter. Institutional investors and hedge funds own 27.17% of the company’s stock.

Exp World Trading Down 5.7%

The company has a fifty day moving average price of $4.68 and a two-hundred day moving average price of $6.07. The firm has a market cap of $653.99 million, a P/E ratio of -39.80 and a beta of 2.09.

About Exp World

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.