Zacks Small Cap Forecasts reAlpha Tech FY2024 Earnings

reAlpha Tech Corp. (NASDAQ:AIRE) – Stock analysts at Zacks Small Cap issued their FY2024 earnings estimates for reAlpha Tech in a research report issued on Monday, December 30th. Zacks Small Cap analyst M. Marin forecasts that the company will post earnings of ($0.16) per share for the year. Zacks Small Cap also issued estimates for reAlpha Tech’s Q4 2024 earnings at ($0.04) EPS and FY2025 earnings at ($0.14) EPS.

Separately, Maxim Group assumed coverage on reAlpha Tech in a research note on Friday, October 25th. They issued a “buy” rating and a $3.00 price target for the company.

reAlpha Tech Stock Performance

Shares of NASDAQ AIRE opened at $2.39 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.03 and a current ratio of 1.03. reAlpha Tech has a one year low of $0.53 and a one year high of $4.49. The business’s 50-day moving average price is $1.30 and its two-hundred day moving average price is $1.28.

reAlpha Tech (NASDAQ:AIRE) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.02). reAlpha Tech had a negative net margin of 2,035.17% and a negative return on equity of 45.22%. The company had revenue of $0.34 million for the quarter.

reAlpha Tech Company Profile

reAlpha Tech Corp., a real estate technology company, commercializes artificial intelligence (AI)-powered technologies. The company operates in two segments, Platform Services and Rental Business. The company offers and develops AI-based products and services to customers in the real-estate industry.