eXp World Holdings (EXPI, Financial) has received a notable upgrade from DA Davidson analyst Tom White, who has shifted his rating from 'Neutral' to 'Buy'. This change reflects a heightened confidence in the company's future performance and potential growth.
In conjunction with the upgraded rating, DA Davidson has announced a new price target for eXp World Holdings (EXPI, Financial), setting it at $10.75 USD. This is the first time DA Davidson has set a specific price target for EXPI, as no prior targets have been disclosed.
This decision, dated May 29, 2025, positions eXp World Holdings (EXPI, Financial) as a more attractive investment opportunity under the current market conditions. The move by DA Davidson signifies positive momentum for EXPI as the analyst cites improved business outlooks and market strategies driving this change.
Investors and market watchers may take note of this upgrade as a crucial indicator of eXp World Holdings' (EXPI, Financial) potential in achieving favorable returns in the near future.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for eXp World Holdings Inc (EXPI, Financial) is $10.00 with a high estimate of $10.00 and a low estimate of $10.00. The average target implies an upside of 30.38% from the current price of $7.67. More detailed estimate data can be found on the eXp World Holdings Inc (EXPI) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, eXp World Holdings Inc's (EXPI, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for eXp World Holdings Inc (EXPI, Financial) in one year is $14.22, suggesting a upside of 85.4% from the current price of $7.67. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the eXp World Holdings Inc (EXPI) Summary page.