Needham & Company LLC Has Lowered Expectations for Compass (NYSE:COMP) Stock Price

Compass (NYSE:COMP) had its price objective reduced by equities research analysts at Needham & Company LLC from $17.00 to $12.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective indicates a potential upside of 24.64% from the company’s current price.

A number of other research firms have also recently commented on COMP. The Goldman Sachs Group boosted their target price on shares of Compass from $10.50 to $12.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Citigroup initiated coverage on shares of Compass in a report on Wednesday. They set an “outperform” rating for the company. Compass Point set a $11.00 price target on shares of Compass in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $15.00 price target on shares of Compass in a research note on Wednesday, August 5th. Finally, Zelman & Associates reiterated a “hold” rating and issued a $13.50 price objective on shares of Compass in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

Compass Stock Performance

Compass stock opened at $9.63 on Friday. The stock’s 50 day moving average price is $10.58 and its 200 day moving average price is $9.80. The firm has a market capitalization of $7.29 billion, a PE ratio of 160.47 and a beta of 2.32. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.06 and a current ratio of 1.06. Compass has a one year low of $6.37 and a one year high of $13.95.

Compass (NYSE:COMP) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. Compass had a return on equity of 3.62% and a net margin of 0.63%. The firm had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.11 billion. As a group, sell-side analysts expect that Compass will post 0.19 EPS for the current fiscal year.

Insider Transactions at Compass

In other Compass news, CEO Robert Reffkin sold 23,456 shares of Compass stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $11.70, for a total transaction of $274,435.20. Following the sale, the chief executive officer directly owned 7,757,748 shares in the company, valued at $90,765,651.60. The trade was a 0.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.85% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Compass

Institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc acquired a new stake in shares of Compass during the second quarter worth approximately $31,000. GAMMA Investing LLC raised its holdings in Compass by 57.7% in the third quarter. GAMMA Investing LLC now owns 5,400 shares of the company’s stock valued at $48,000 after acquiring an additional 1,975 shares in the last quarter. Nykredit A S acquired a new stake in Compass in the second quarter valued at $77,000. Allworth Financial LP bought a new position in Compass during the 2nd quarter valued at $110,000. Finally, QRG Capital Management Inc. bought a new position in Compass during the 2nd quarter valued at $152,000. 67.05% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Compass

Here are the key news stories impacting Compass this week:

• Positive Sentiment: Falling rates support housing stocks: Declining long-term borrowing costs lifted real-estate companies, including Compass, by improving housing affordability and potentially supporting transaction volumes. Opendoor and Zillow Surge as Long-Term Rates Retreat
• Positive Sentiment: Analyst support: Citizens JMP initiated coverage with a “Market Outperform” rating and an $11 price target, implying roughly 14% upside from the referenced $9.63 price. Citizens JMP coverage of Compass
• Positive Sentiment: Technology focus: Compass added a Google Gemini leader to its board, potentially strengthening its artificial-intelligence strategy and technology capabilities in real-estate brokerage. Compass adds Google Gemini leader to board
• Neutral Sentiment: Upcoming earnings event: Compass will release third-quarter 2026 results after the market closes on November 5 and hold a conference call at 5:00 p.m. Investors will be watching integration progress following the Anywhere acquisition, revenue growth and profitability. Compass third-quarter results announcement
• Negative Sentiment: Escalating merger-related litigation: Multiple law firms announced or promoted a securities class action alleging that Compass’s merger offering materials misrepresented or omitted information, including alleged communications involving the Department of Justice and regulatory inquiries. The claims concern the January 2026 stock-for-stock acquisition of Anywhere and remain allegations, but could increase legal costs, reputational risk and uncertainty surrounding the integration. Lead-plaintiff deadlines are centered on December 8, 2026. Compass securities class action filing

About Compass

Compass, Inc is a technology-enabled residential real estate brokerage operating in the United States. The company supports real estate agents and their clients in buying, selling and renting homes, combining brokerage services with digital tools designed to manage listings, marketing, customer relationships and transactions.

Compass provides its agents with a proprietary technology platform that includes customer relationship management, listing and marketing tools, business analytics, and transaction-management capabilities.