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COMP · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Compass, Inc. (COMP) stock moving?
Compass reported third-quarter 2026 results on Nov 5 with GAAP EPS of $0.07 versus a $0.03 estimate and sales of $3.897B versus $1.846B a year earlier. However, Q4 sales guidance of $3.150B-$3.350B sits below the $3.426B consensus, which is the main negative from the report. Six firms cut price targets between Oct 28 and Nov 6: UBS to $15, JP Morgan to $13, Barclays to $14, Wells Fargo to $9 (Equal-Weight), StoneX to $13 and BTIG to $13. Most kept Buy or Overweight ratings, so the revisions are mainly to targets rather than ratings. The Nov 4 OriginPoint joint venture with Rate was announced without financial terms. Price action shows strong volume (about 24M shares on Nov 6 and Nov 9) as the stock climbed from a 9.00 close on Oct 30 to a 10.79 close on Nov 9. On Nov 10 it reversed 7.4% to 9.99 on 18M shares, after failing near the 10.79 high. Overall, the quarter beat on profit and sales, but the soft guidance, target cuts and the Nov 10 reversal weigh on the near-term outlook.
News behind the analysis
- Compass, Inc. Reports Third Quarter 2026 Financial ResultsCompass reported record operational and financial performance for the quarter ended September 30, 2026. The release was furnished with an 8-K on November 5.
- Compass Sees Q4 Sales $3.150B-$3.350B vs $3.426B EstCompass guided fourth-quarter sales to $3.150B-$3.350B, below the $3.426B analyst estimate. This is the key forward-looking data point from the report.
- Compass Q3 GAAP EPS $0.07 Beats $0.03 Estimate; Sales $3.897B vs $1.846B YoYThird-quarter GAAP EPS of $0.07 beat the $0.03 estimate. Sales were $3.897B, more than double the $1.846B reported a year earlier.
- Barclays Maintains Overweight on Compass, Lowers Price Target to $14Barclays kept its Overweight rating and cut its price target to $14. The move reflects the post-results revision in estimates.
- Wells Fargo Maintains Equal-Weight on Compass, Lowers Price Target to $9Wells Fargo kept its Equal-Weight rating and cut its price target to $9, the lowest target among the recent revisions.
- StoneX Maintains Buy on Compass, Lowers Price Target to $13StoneX kept its Buy rating and lowered its price target to $13 after the quarterly report.
- BTIG Maintains Buy on Compass, Lowers Price Target to $13BTIG kept its Buy rating and lowered its price target to $13 following the results.
- Rate and Compass International Holdings Combine Joint Ventures to Form OriginPointRate and Compass International Holdings combined their joint ventures into OriginPoint, described as a top 10 U.S. retail lending leader. The source gives no financial terms.
- JP Morgan Maintains Overweight on Compass, Lowers Price Target to $13JP Morgan kept its Overweight rating and cut its price target to $13 on Oct 30, ahead of the quarterly report.
- UBS Maintains Buy on Compass, Lowers Price Target to $15UBS kept its Buy rating and lowered its price target from $17 to $15 on Oct 28.
About Compass, Inc.
Compass is a US residential real estate brokerage that started in 2013 as a tech-focused agent platform. In January 2026 it bought Anywhere Real Estate (formerly Realogy, owner of brands like Coldwell Banker, Century 21 and Sotheby's International Realty), which made it one of the largest home brokerage and franchising groups in the US, operating in roughly 120 countries and territories.
How it makes money
Most of its revenue comes from commissions on home sales handled by its agents. Compass keeps a share of each commission and pays the rest to the agent. Brokerage brought in about $4.0 billion of the roughly $4.3 billion in Q2 2026 revenue, or about 90%. The rest comes from franchise fees paid by independently owned offices that use the Anywhere brands, plus title, escrow and relocation services.
What usually moves COMP
- US existing-home sales volume and home prices
- Mortgage rates
- Agent recruitment and retention, and commission levels
- Progress on cutting costs after the Anywhere merger, and its debt load
- Antitrust and legal issues, including the New York Attorney General's probe of the merger, an MLS lawsuit and securities class actions
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