BTIG Research lifts eXp World Holdings Inc [EXPI] price estimate. Who else is bullish?

eXp World Holdings Inc [NASDAQ: EXPI] stock went on a downward path that fall over -6.24% on Monday, amounting to a one-week price decrease of less than -1.91%.

Over the last 12 months, EXPI stock dropped by -14.09%. The one-year eXp World Holdings Inc stock forecast points to a potential upside of 40.88. The average equity rating for EXPI stock is currently 2.33, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $1.33 billion, with 154.13 million shares outstanding and 83.60 million shares in the current float. Compared to the average trading volume of 1.24M shares, EXPI stock reached a trading volume of 1774055 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on eXp World Holdings Inc [EXPI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXPI shares is $14.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXPI stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BTIG Research have made an estimate for eXp World Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 23, 2024. While these analysts kept the previous recommendation, BTIG Research raised their target price to Sell. The new note on the price target was released on July 18, 2023, representing the official price target for eXp World Holdings Inc stock. Previously, the target price had yet another raise to $53, while Berenberg analysts kept a Buy rating on EXPI stock.

The Average True Range (ATR) for eXp World Holdings Inc is set at 0.45, with the Price to Sales ratio for EXPI stock in the period of the last 12 months amounting to 0.29. The Price to Book ratio for the last quarter was 6.56, with the Price to Cash per share for the same quarter was set at 1.11. Price to Free Cash Flow for EXPI in the course of the last twelve months was 7.16 with Quick ratio for the last quarter at 1.44.

EXPI Stock Performance Analysis:

eXp World Holdings Inc [EXPI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.91. With this latest performance, EXPI shares dropped by -4.70% in over the last four-week period, additionally sinking by -31.87% over the last 6 months – not to mention a drop of -14.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXPI stock in for the last two-week period is set at 40.39, with the RSI for the last a single of trading hit 38.80, and the three-weeks RSI is set at 40.94 for eXp World Holdings Inc [EXPI]. The present Moving Average for the last 50 days of trading for this stock 9.57, while it was recorded at 9.07 for the last single week of trading, and 11.91 for the last 200 days.

Insight into eXp World Holdings Inc Fundamentals:

eXp World Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.44.

eXp World Holdings Inc [EXPI] Institutonal Ownership Details

The top three institutional holders of EXPI stocks are: BLACKROCK INC. with ownership of 12.04 million shares, which is approximately 7.8378%. VANGUARD GROUP INC, holding 12.02 million shares of the stock with an approximate value of $$135.63 million in EXPI stocks shares; and VANGUARD GROUP INC, currently with $$44.2 million in EXPI stock with ownership which is approximately 2.5504%.