Compass, Inc.

COMP

US20464U1007

IT Services & Consulting

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
3.3 ^USD	+2.48%		+1.85%	-12.23%

Mar. 22	Compass Likely to Benefit From Buyer Agreements as Market Normalizes, Oppenheimer Says	MT
Mar. 22	Compass Agrees to Pay $57.5 Million to Settle Class-Action Lawsuits	MT

Robert Reffkin, CEO of Compass: Real estate prices down, inventories up

November 27, 2023 at 02:35 pm EST

(MT Newswires) -- Robert Reffkin, CEO and founder of Compass (COMP), explains that U.S. real estate prices must fall to stimulate the market. New home sales in the U.S. fell in October as high mortgage rates weighed on demand. However, he believes that they have peaked, and that rising inventories could bend prices in the months ahead.

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	COMPASS GROUP PLC	2,229 GBX	-0.13%	+1.18%	47.26B
	COMPASS, INC.	3.3 USD	+2.48%	+1.85%	1.63B

Latest news about Compass, Inc.

Compass Likely to Benefit From Buyer Agreements as Market Normalizes, Oppenheimer Says	Mar. 22	MT
Compass Agrees to Pay $57.5 Million to Settle Class-Action Lawsuits	Mar. 22	MT
Sector Update: Financial Stocks Mixed Late Afternoon	Mar. 15	MT
Sector Update: Financial Stocks Mixed Friday Afternoon	Mar. 15	MT
Sector Update: Financial	Mar. 15	MT
Zillow Group, Compass, Redfin Shares Fall After National Association of Realtors Settlement	Mar. 15	MT
Big US real estate group settles litigation over inflated commissions	Mar. 15	RE
Barclays Raises Compass' Price Target to $4 From $2.50, Keeps Equalweight Rating	Mar. 05	MT
Berkshire unit added to lawsuit over inflated real estate commissions	Mar. 04	RE
UBS Adjusts Compass Price Target to $3.50 From $2.25, Maintains Neutral Rating	Mar. 01	MT
Deutsche Bank Adjusts Compass Price Target to $3.80 From $3.30, Maintains Hold Rating	Feb. 29	MT
Oppenheimer Adjusts Compass Price Target to $6 From $5.50, Maintains Outperform Rating	Feb. 28	MT
Transcript : Compass, Inc., Q4 2023 Earnings Call, Feb 27, 2024	Feb. 27
Earnings Flash (COMP) COMPASS Reports Q4 Revenue $1.1B, vs. Street Est of $1.131B	Feb. 27	MT
Compass, Inc. Provides Earnings Guidance for the First Quarter of 2024	Feb. 27	CI
Compass, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Compass, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
Gordon Haskett Downgrades Compass to Underperform From Hold	Feb. 21	MT
Reffkin, CEO of Compass: Real estate revival following lower mortgage rates	Feb. 02	MT
Compass, Inc. agreed to acquire Attorneys Key Title LLC.	Jan. 15	CI
Oppenheimer Ups Price Target on Compass to $5.50 From $5, Keeps Outperform Rating	Jan. 04	MT
Compass COO Greg Hart Steps Down; Role to Be Eliminated	Dec. 13	MT
Compass, Inc. Announces Departure of Greg Hart as Chief Operating Officer, Effective December 31, 2023	Dec. 12	CI
Robert Reffkin, CEO of Compass: Real estate prices down, inventories up	Nov. 27	MT
Deutsche Bank Initiates Coverage on Compass With Hold Rating, $2.70 Price Target	Nov. 21	MT

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Company Profile

Compass, Inc. provides an end-to-end platform that empowers its residential real estate agents to deliver service to seller and buyer clients. Its platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionalities, all custom-built for the real estate industry. Its platform also uses proprietary data, analytics, artificial intelligence, and machine learning to simplify workflows of agents and deliver recommendations and outcomes for both agents and their clients. It also provides integrated services, such as title and escrow and mortgage, both of which are available on its platform. Its Glide tools, which include completion of various real estate forms and offer preparation and eSignature and collaboration capabilities, are offered to non-Compass agents and their clients. Its platform also enables agents to locate desirable properties at attractive prices for buyers.

Sector

IT Services & Consulting

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

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Analysis / Opinion

Robert Reffkin, CEO of Compass: Real estate prices down, inventories up

November 27, 2023 at 02:35 pm EST

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Ratings for Compass, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.3 USD

Average target price

4.039 USD

Spread / Average Target

+22.39%

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Sector Other IT Services & Consulting

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COMPASS, INC.	-12.23%	1.63B
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IBM	+2.19%	153B
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INFOSYS LIMITED	-7.30%	71B
SNOWFLAKE INC.	-20.54%	52.81B
HCL TECHNOLOGIES LIMITED	+0.53%	47.86B

Other IT Services & Consulting

Compass, Inc.

Equities

COMP

US20464U1007

IT Services & Consulting

Robert Reffkin, CEO of Compass: Real estate prices down, inventories up

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