REAX, CA75585H2063

REAX stock rises 1.82 percent as Real launches new division

Published on 10/07/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

REAX stock gained 1.82 percent to USD 16.74 on October 6, 2026. Q2 revenue reached USD 700.6 million, while adjusted EBITDA rose 38 percent.

REAX, CA75585H2063, Illustration mit AI erstellt.

REAX stock was last at USD 16.74 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, up 1.82 percent on the session. On October 6, 2026, Real REMAX Group listed the launch of its Young Professionals Division as its latest corporate announcement.

Q2 revenue reaches USD 700.6 million

The company reported USD 700.6 million in Q2 2026 revenue, up 30 percent from the prior year, according to Benzinga in its October 5, 2026 transcript. Closed transactions increased 27 percent to a record 62,380, giving the revenue gain an operating volume driver.

Adjusted EBITDA rose 38 percent year over year to USD 27.6 million, and adjusted EBITDA margin reached 3.9 percent from 3.7 percent. The result shows that revenue growth translated into higher adjusted earnings even as the housing market remained difficult.

Margin pressure offsets operating gains

Gross profit increased 22 percent to USD 58.3 million in Q2 2026, but gross margin declined to 8.3 percent from 8.9 percent. ScanX reported that capped agents represented 42 percent of closed transaction sides, up 300 basis points year over year.

Acquisition-related costs of USD 11.6 million contributed to a reported operating loss of USD 7.0 million, compared with operating income of USD 1.7 million in Q2 2025. Real REMAX Group also ended June 2026 with USD 86.6 million in unrestricted cash and short-term investments, up from USD 49.9 million at the start of the fiscal year.

Analyst target stays above the quote

Financhill reported a Buy consensus from six analysts on October 6, 2026, with an average 12-month target of USD 29.90. That target lies 78.5 percent above the USD 16.74 Nasdaq price, placing the market quote well below the published analyst average.

The next results date is listed as October 29, 2026, when the company is scheduled to report Q3 2026 results before the market opens, according to MarketBeat. The upcoming report will show whether transaction growth can offset the margin pressure visible in Q2.

REAX stock holds above its yearly low

REAX stock was last at USD 16.74 on October 6, 2026, with a 52-week range of USD 14.26 to USD 45.00 and a market capitalization of USD 364.8 million. The quote therefore stood USD 2.48 above its yearly low while remaining below the yearly high.