$COMP

Six regional MLSs sued Compass in New York, seeking to block its challenge to their listing policies. The MLSs claim their rules comply with antitrust laws and prevent free-riding. Compass argues homesellers should control marketing and some MLSs allow public marketing without submission. The MLSs allege Compass aims to reduce competition. California Regional MLS also sued Compass, which countersued. Rocket Companies previously criticized certain MLSs.

Compass leads LA County real estate with 56% share in Malibu, 40% in LA city, and 47% in Santa Monica. Its dominance grew after acquiring Anywhere Real Estate for $1.6B, boosting its global network to 340,000 professionals. Q3 2025 sales revenue rose 23.6% YoY to $1.85B. Competitors note industry consolidation, with boutique firms seeking differentiation.

Compass International Holdings filed an antitrust lawsuit against CRMLS, alleging rules restrict property marketing outside the MLS. CRMLS claims its rules support fair competition. Compass will cover fines for agents following client instructions. CRMLS sued Compass last week, seeking to validate its rules. Compass seeks court order and damages, which could be tripled under antitrust law.

Compass, Inc. (NYSE: COMP) will release its Q3 2026 financial results on November 5, 2026, after market close. The company will host a conference call and webcast at 5:00 p.m. ET to discuss the results. Compass is a global real estate services company with a presence in major U.S. cities and 120 countries.

Analysts updated ratings and price targets for several companies. Ebay (EBY) was upgraded to buy, while Workday (WDAY) was downgraded to sector weight. Fair Isaac (FICO) and Crowdstrike (CRWD) saw target price changes. Other affected firms include Ccc Intelligent Solutions (CCCS), Eastman Chemical (EMN), Jpmorgan Chase (JPM), and Rocket Lab (RKLB).

Housing stocks like Zillow (Z), Opendoor (OPEN), Compass (COMP), and CoStar (CSGP) rose on Thursday amid a tech sell-off, benefiting from a drop in bond yields and mortgage rates. The 10-year Treasury yield fell 10 basis points, reducing 30-year mortgage rates to 7.33%. Despite recent gains, these stocks have underperformed over the past five years due to a sluggish housing market.

Opendoor (OPEN), Zillow (ZG), and Compass (COMP) shares rose 6-7% as 10-year Treasury yields fell to 5.1%, improving housing affordability. Opendoor's Q2 revenue dropped 43.6% YoY to $883M, missing estimates, but its contribution margin expanded to 5.8%. Management expects Q3 revenue growth of at least 20% YoY and positive adjusted net income by year-end.

Howard Hughes Holdings, Marcus & Millichap, Offerpad, Compass, and Cushman & Wakefield reported Q2 earnings. MMI beat expectations with 17.8% revenue growth, while OPAD missed with a 51.6% decline. COMP showed strong growth at 109%, and CWK reported 11.2% revenue growth. Despite mixed results, all stocks have declined since reporting.

Compass Inc. (COMP) shares rose after Citizens JMP initiated coverage with a Market Outperform rating and a $11.00 price target. The company also added a Google Gemini veteran to its board to advance AI strategy. Despite strong revenue growth, risks include negative profitability, high debt, and brokerage margin pressure.

Compass Inc. appointed Sissie L. Hsiao to its board, replacing a departing member. Frank Martell and Steven Sordello will lead committees. The changes are due to the previous member's other commitments, not disagreement with the company. (COMP)