AGNT Nasdaq Earnings call
AGNT, Inc. (AGNT) · Q2 2026 results and valuation
Share price: $2.85 · 2026-11-11
Results Q2 2026 vs Q1 2026 · previous quarter · published 4 Aug 2026 and 11 May 2026
Net loss narrowed on the previous quarter. Management sounded restrained, in its script and in answers to analysts.
Only a basic analysis is available for this company at the moment.
1 · Numbers
Loss narrowed
Net income vs Q1 2026
Outlook given
Net income -2.7M vs -5.1M
Revenue +44.2%
Net income -2.7M vs -2.3M in Q2 2025 and -5.1M last quarter.
2 · How management spoke
Restrained
Less upbeat than 66% of company calls
Answers to analysts: upbeat, in line with the script.
Similar to last call.
3 · What stood out
Guidance
Starting with the third quarter, AGNT expects revenue in the range of $1.35 billion-$1.45 billion, expenses in the range of $85 million-$90 million.
Valuation
Is AGNT, Inc. undervalued?
Reverse DCF. Free cash flow from the last full fiscal year (2025-12-31), grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.
At 1.3% growth a year (3-year revenue growth), the model's fair value is $8.84 a share — the stock trades 68% below it. Today's price assumes −18.8% growth a year.
Current price
$2.85
close of 2026-11-11
Market implies growth of iThe yearly free-cash-flow growth, for the next 10 years, that today’s share price already assumes. If you believe the company grows faster than this, the stock is cheap under this model; slower, and it is expensive.
-18.8% for 10 yrs
Fair value / share
$8.84
Buy below
$6.63
Price vs fair value
Undervalued 68%
Price vs buy-below price
Undervalued 57%
Read between the lines
-
Figure
Revenue reached $1.4 billion, an 11% increase year-over-year, showing growth in revenue performance.
Source quote
“Revenue came in at $1.4 billion, up 11% year-over-year.”
-
Dropped
AGNT's inclusion of personal development personas is now generating revenue by providing access to coaching, content, and events that typically cost five or six figures.
Source quote
“Top personal development personas are now participating with us, and that participation is already producing revenue. Think of it a bit like the Zillow of personal development. For our agents, this means access to coaching, content and events that in any other context cost 5 or 6 figures to engage with built directly into the overall eXp ecosystem.”
Tone
How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q2 2026. Ring: Q1 2026.
Script and answers carried a similar tone, so the script's message held up under questioning.
Sentences that drove the tone
“Looking ahead, our focus remains on innovation, efficiency, growth and agent success.”
“As right now, it's not adding meaningfully to the contribution, but we see that as a huge green shoot opportunity for both margin expansion, revenue expansion, and all of the...”
“We're proud of our record revenue quarter, we're also happy to see gaining market share in the quarter as well.”
Full figures
USD · SEC EDGAR XBRL (10-Q, period end 2026-06-30)
| Metric | Q2 2026period end 2026-06-30 | Q1 2026period end 2026-03-31 | Change | Q2 2025 | YoY |
|---|---|---|---|---|---|
| Revenue | 1.45B | 1.01B | +44.2% | 1.31B | +10.7% |
| Gross profit | 98.8M | 75.3M | +31.1% | 92.7M | +6.6% |
| Operating income | 1.6M | -8.8M | Turned profit | -2.4M | Turned profit |
| Net income | -2.7M | -5.1M | Loss narrowed | -2.3M | Loss widened |
| EPS | -0.02 | -0.03 | Loss narrowed | -0.01 | Loss widened |
| P/E | — | — | — | — | — |
Topics
Most discussed now
- New My name is Denise Garcia, and I manage investor relations for AGNT, formerly eXp World Holdings.
- New AGNT shares a global referral network connecting eXp agents with NextHome franchisees worldwide, and it is consolidating back office legal…
- Looking ahead, AGNT's focus remains on innovation, efficiency, growth and agent success.
- Altogether, Fed's holding on rates, Middle Eastern driven energy and inflation pressure in the bond market, pricing shifts, all point...
- AGNT is proud of its record revenue quarter, it is also happy to see gaining market share in the quarter as well.
Faded since Q1 2026
- Dropped This does by making eXp now multi-modal platform and providing this chassis, it allows an on-ramp to some pretty large...
- Dropped There is going to be some really interesting synergies as AGNT goes forward.
- Fading Around July last year, I jumped in, and I've been running with the same playbook that AGNT used in international...
- Fading As I've been diving into personal development, especially since jumping in as Managing Director last July, it's becoming more and...
Latest announcements
Official filings, newest first.
- Other events · SEC 8-K
- Material agreement · SEC 8-K
- Results of operations; Regulation FD disclosure · SEC 8-K
- Material agreement; Change to shareholder rights; Director or officer change; Articles or bylaws amended · SEC 8-K
- Other events · SEC 8-K
- Shareholder vote results · SEC 8-K
- Results of operations; Regulation FD disclosure · SEC 8-K
- Other events · SEC 8-K