eXp World Holdings (EXPI) Soars 3.34% on Positive Analyst Sentiment

eXp World Holdings (EXPI) experienced a 3.34% decline today, marking its highest share price since February 2025 with an intraday gain of 1.34%.

The strategy of buying EXPI shares after they reach a recent high and selling them one week later resulted in a significant underperformance compared to the benchmark. Over the past five years, the strategy yielded a return of -21.16%, while the benchmark return was -100.00%. This indicates that the strategy not only failed to generate any profit but also underperformed the market significantly.

DA Davidson has raised its price target for eXp World Holdings from $10.75 to $12.00, while maintaining a "Buy" rating. This adjustment is based on the company's strong performance, including a 4% increase in real estate sales volume and a 6% improvement in its cash position year-over-year. This positive sentiment from the firm has contributed to the stock's upward movement.

Additionally, CWA Asset Management Group LLC has made a new investment in eXp World Holdings, which could further boost the company's stock price. This investment reflects growing confidence in the company's future prospects and its ability to deliver strong financial results.