reAlpha Tech Corp. (AIRE) AI Stock Analysis

NASDAQ: AIREAI research summary: business, growth, valuation, analysts, bull and bear case.

AIRE AI stock analysis summary

AI Research

reAlpha Tech Corp. (AIRE) is a proptech company leveraging artificial intelligence to streamline real estate investments. In FY2026, revenue increased 376.4% to $4.5M, but the company recorded a net loss of -$17.6M and negative free cash flow of -$11.3M. The stock has fallen 90.8% over the past year, closing at $0.98 with a market capitalization of $5.9M.

Market cap
$5.9M
Revenue (TTM)
$4.3M
P/E
—
1Y return
-90.8%
S&P 500 16.8%
Avg. target
$50.00
4976.1% vs last close

Bull case

  • Revenue expanded 376.4% in FY2026 to $4.5M, contributing to a 4-year revenue CAGR of 96.1%.
  • Gross margin improved significantly to positive 54.3% in FY2026 from -261.2% in FY2025.
  • The balance sheet remains in a net cash position of $3.0M with a current ratio of 2.13 as of July 31, 2026.

Bear case

  • The company generated negative free cash flow of -$11.3M in FY2026 against cash reserves of $5.2M.
  • Share count increased 231.0% over the last five years, indicating substantial shareholder dilution.
  • Quarterly revenue for the period ended July 31, 2026, declined 11.3% year-over-year.

What reAlpha Tech does

reAlpha Tech Corp. specializes in technologies and solutions for the real estate investment industry. The company utilizes artificial intelligence and machine learning algorithms to optimize property investment decisions and asset management strategies. Its platform facilitates the acquisition, management, and analysis of real estate assets, providing investors, developers, and asset managers with data-driven insights. Operating at the intersection of real estate and technology, reAlpha Tech Corp. develops proprietary tools designed to forecast market trends and improve operational efficiency across the property investment ecosystem.

Growth and profitability

reAlpha Tech Corp. achieved a 4-year revenue CAGR of 96.1% from FY2022 to FY2026. Annual revenue moved from $305,377 in FY2022 to $419,412 in FY2023, fell 56.5% to $182,535 in FY2024, climbed 419.6% to $948,420 in FY2025, and expanded 376.4% to $4.5M in FY2026. Gross margin turned positive to 54.3% in FY2026 from -261.2% in FY2025. Operating margins remained deeply negative throughout, ending FY2026 at -349.4% with a net loss of -$17.6M. For the latest quarter ended July 31, 2026, revenue declined 11.3% year-over-year, while TTM revenue stood at $4.3M with an operating margin of -260.7%.

AIRE income statement →

Balance sheet and cash flow

As of July 31, 2026, reAlpha Tech Corp. held $5.2M in cash and short-term investments and total debt of $2.2M, yielding net cash of $3.0M. Shareholders' equity stood at $9.3M, supported by a current ratio of 2.13 and a debt-to-equity ratio of 0.23. Cash burn remained elevated in FY2026, with operating cash flow of -$11.3M and free cash flow of -$11.3M after capital expenditures of $42,896. Over the trailing five years, the company's share count increased 231.0%.

AIRE balance sheet →

Valuation and performance

Trading at $0.98, reAlpha Tech Corp. carries a market capitalization of $5.9M and an enterprise value of $7.5M. The stock is valued at a price-to-sales multiple of 1.4x and an enterprise value-to-revenue multiple of 1.8x, both lower than the median of its US-listed Real Estate peers at 3.7x price-to-sales and 14.7x EV/to EBITDA. Its price-to-book ratio is 1.5x. AIRE shares fell 90.8% over the past year, trailing the S&P 500 (SPY), which gained 16.8%.

AIRE key metrics →

What analysts expect

Wall Street coverage includes 1 analyst with a mean price target of $50.00, representing 4976.1% above the last close of $0.98. For the fiscal year ending December 31, 2026, the consensus EPS estimate is -$2.75 on revenue of $0. For the following fiscal year, analysts expect an EPS of -$1.75 and revenue of $24.0M. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 11, 2026.

AIRE forecast and price target →

Key risks and what to watch

  • Ongoing operational cash burn of -$11.3M in FY2026 poses liquidity risks against $5.2M in cash.
  • Operating margins remained severely negative at -349.4% in FY2026 and -260.7% on a TTM basis.
  • Shareholder equity is vulnerable to dilution after a 231.0% expansion in share count over 5 years.
  • The stock has dropped 90.8% over the past year, trading near its 52-week low of $0.84.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AIRE AI stock analysis

This page is an AI-written research summary of reAlpha Tech Corp. (AIRE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AIRE income statement, AIRE balance sheet, AIRE key metrics, AIRE analyst forecast, AIRE chart. See the AIRE stock overview for the latest quote and news.

AIRE AI stock analysis FAQ

What was reAlpha Tech Corp.'s revenue for FY2026?

reAlpha Tech Corp. generated $4.5M in revenue for FY2026, representing a 376.4% increase from $948,420 reported in FY2025.

Does reAlpha Tech Corp. pay a dividend?

No, reAlpha Tech Corp. does not pay a dividend. The company remains unprofitable, reporting a net loss of -$17.6M in FY2026.

How much debt does AIRE have?

As of July 31, 2026, reAlpha Tech Corp. had total debt of $2.2M, compared to $5.2M in cash and short-term investments, resulting in net cash of $3.0M.

What is the consensus analyst price target for AIRE?

The mean analyst price target is $50.00, which is 4976.1% above the stock's closing price of $0.98 on October 16, 2026.

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