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AIRE · NASDAQ · Software - Application

reAlpha Tech (AIRE)

Connects brokerage, mortgage, and title services in an AI-assisted homebuying workflow.

$1.39
After hours−0.03 (−1.77%)
At close$1.42(+0.35%)
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reAlpha Tech Corp. Common StockAIRE
Information Technology

Combines U.S. residential brokerage, mortgage brokering, and digital title and escrow fees within an AI-assisted homebuying workflow, while technology services include software development and an Asia-Pacific customer-experience platform. Revenue relies on transactions closing across multiple regulated service lines.

Combines residential brokerage through reAlpha Realty and Prevu, mortgage brokering through reAlpha Mortgage, and digital title and escrow through Hyperfast. Fees arise from brokerage, mortgage-broker, and title or escrow services when transactions close. AI-assisted tools support property search, offers, financing, and closing, with licensed professionals involved where required.

Operates its homebuying services in the United States, while reAlpha Nepal provides software-development services and AiChat provides a conversational customer-experience platform to businesses in Asia-Pacific. The company has moved away from its former short-term-rental model and assembled its present stack through acquisitions.

Depends on home-purchase activity, state licensing, multiple-listing-service access, and integration across its acquired businesses.

Company facts

CEOR. Giri Devanur
ListedOct 23, 2023
ExchangeNASDAQ
HeadquartersDublin, OH
CountryUnited States
Employees113
CIK0001859199
ISINUS75607T2042

Market cap$7.6M
EPS (ttm)−$3.37
P/E (ttm)−0.4187
ROE-183.9%
P/B0.8133
P/S1.88
Dividend yieldDiv yield
Beta3.03vs XLK 0.30

Price target$1.63+14.4%Average of 3 analysts
ConsensusHold2 of 3 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Nov 26, 2025H.C. WainwrightTarget
Target:
Target: $2
Jul 28, 2025Maxim GroupDowngrade
Rating: Buy
Rating: Hold

Next report
Nov 18, 26
estimated · in 57 days
EPS estimate
−$0.50
Revenue estimate
$5.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported−$1.25−$1.50−$2.00−$1.75−$0.25−$0.75−$0.57Pending
Estimate−$0.04−$1.00−$1.25−$1.13−$0.75−$1.00−$0.75−$0.50
Surprise−3,025.0%−50.0%−60.0%−55.6%+66.7%+25.0%+24.0%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported$526.0K$925.6K$1.3M$1.4M$900.0K$841.1K$1.1MPending
Estimate$674.0K$786.0K$1.2M$1.3M$1.5M$1.3M$3.1M$5.6M
Surprise−22.0%+17.8%+4.8%+11.0%−38.3%−34.1%−64.2%
Estimate−$0.50
ReportedDue Nov 18, 2026
Estimate$5.6M
ReportedDue Nov 18, 2026
View details

Debt to equity23.10%
Current ratio212.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$339.2K$526.4K$925.6K$1.3M$1.4M$895.3K$841.1K$841.1K
Net income−$2.1M−$21.0M−$2.8M−$4.1M−$5.8M−$4.8M−$4.3M−$4.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.6M−$2.6M−$2.4M−$4.0M−$4.9M−$4.5M−$4.3M−$4.3M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $5.2M · Total debt $2.2M · Total assets $17.6M · Shareholders' equity $9.3M

Revenue
$841.1K
Operating income
−$4.3M
Net income
−$4.3M
View details

No dividends on record.

Institutions3.43%202.1K shares
21 holders · as of Mar 31, 2026
Insiders27.92%1.64M shares
10 holders · as of Aug 13, 2026
Other68.65%4.04M shares
remainder

5.88M company shares as of Sep 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (5.88M in the company's Sep 22, 2026 report, 5.36M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Giri DevanurInsiderdirector, 10 percent owner, officer: Executive Chairman
18.55%1.09Mfiled Aug 13, 2026
Michael J. LogozzoInsiderdirector, officer: CEO and Director
3.30%194,160filed Aug 13, 2026
Monaz KarkariaInsiderdirector
2.01%118,511filed Feb 3, 2026
Thomas J. Jr KutzmanInsiderofficer: Chief Financial Officer
1.97%115,919filed Aug 3, 2026
Vanguard Capital Management LLCInstitution
0.96%1.41Mas of Mar 31, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 11, 2026Giri Devanurdirector, 10 percent owner, officer: Executive Chairman−1,999$1.54
Aug 11, 2026Michael J. Logozzodirector, officer: CEO and Director−1,639$1.50
View details

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CompareAfter hours

CompanyPriceChange
reAlpha Tech$1.39−1.77%$7.6M1.9−11.3%
Rocket Companies$12.75+0.24%$34.90B84.717.83.6+113.7%
Fathom$0.5590−0.39%$18.4M0.0−5.6%
Better Home & Finance$12.90−1.65%$194.6M0.9+23.9%
Real Brokerage$17.13+0.06%$375.1M221.40.2+29.6%
Zillow Group Class A$42.15+33.34%$7.48B140.912.42.7+17.9%
Compass$9.67−0.05%$6.16B94.3132.90.6+109.1%
Median94.375.30.8+26.7%