Tearsheet

ReAlpha Tech (AIRE)


Market Price (12/4/2025): $0.5249 | Market Cap: $26.9 Mil
Sector: Real Estate | Industry: Real Estate Services

ReAlpha Tech (AIRE)


Market Price (12/4/2025): $0.5249
Market Cap: $26.9 Mil
Sector: Real Estate
Industry: Real Estate Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1555%
Weak multi-year price returns
2Y Excs Rtn is -136%
Penny stock
Mkt Price is 0.5
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -96%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -351%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, Smart Buildings & Proptech, and Crypto & Blockchain. Themes include Travel & Leisure Tech, Show more.
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -266%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -283%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -196%
4   High stock price volatility
Vol 12M is 425%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1555%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -96%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, Smart Buildings & Proptech, and Crypto & Blockchain. Themes include Travel & Leisure Tech, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -136%
4 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%
5 Penny stock
Mkt Price is 0.5
6 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -351%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -266%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -283%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -196%
9 High stock price volatility
Vol 12M is 425%

Valuation, Metrics & Events

AIRE Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are five key points regarding ReAlpha Tech (AIRE)'s stock movement in the approximate time period from August 31, 2025, to December 4, 2025: 1. Strategic Acquisition and Leadership Appointment: ReAlpha Tech acquired Prevu in November 2025, a digital homebuying platform, expanding its licensed real estate footprint into 11 new markets. This was followed by the appointment of Thomas Kutzman, co-founder of Prevu, as CEO of reAlpha Realty on December 3, 2025, to lead the integration and national brokerage expansion.

2. Nasdaq Compliance Status: The company successfully regained compliance with Nasdaq's minimum market value of listed securities requirement on September 22, 2025. However, reAlpha was granted a 180-day extension until May 18, 2026, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share, indicating ongoing regulatory challenges.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
AIRE Return----45%-82%-74%
Peers Return9%6%-41%64%-3%66%81%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
AIRE Win Rate---0%33%30% 
Peers Win Rate45%38%25%43%37%50% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
AIRE Max Drawdown-----70%-95% 
Peers Max Drawdown-25%-18%-43%-8%-20%-28% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: OPEN, GBR, GYRO, LHAI, CBRE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

AIRE has limited trading history. Below is the Real Estate sector ETF (XLRE) in its place.

Unique KeyEventXLRES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-37.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven61.0%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-39.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven64.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven393 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-13.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven15.7%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven43 days120 days

Compare to


In The Past

Real Estate Select Sector SPDR Fund (The)'s stock fell -37.9% during the 2022 Inflation Shock from a high on 12/31/2021. A -37.9% loss requires a 61.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About ReAlpha Tech (AIRE)

Better Bets than ReAlpha Tech (AIRE)

Trade Ideas

Select past ideas related to AIRE. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
8.5%8.5%-5.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
8.5%8.5%-5.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for ReAlpha Tech

Peers to compare with:

Financials

AIREOPENGBRGYROLHAICBREMedian
NameReAlpha .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Mkt Price0.526.940.769.5015.59162.288.22
Mkt Cap0.05.10.00.0-48.40.0
Rev LTM34,719051538,10410
Op Inc LTM-11-204-0-311,464-1
FCF LTM-9887-0-211,1140
FCF 3Y Avg-61,349049-78549
CFO LTM-8899-0-211,4240
CFO 3Y Avg-61,374049-1,08949

Growth & Margins

AIREOPENGBRGYROLHAICBREMedian
NameReAlpha .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Rev Chg LTM1,554.5%-4.5%4.1%-1.2%215.1%15.0%9.6%
Rev Chg 3Y Avg--31.7%5.8%2.1%-7.9%4.0%
Rev Chg Q1,908.5%-33.6%8.1%-1.8%116.2%16.2%12.2%
QoQ Delta Rev Chg LTM64.2%-8.9%2.0%-0.2%21.2%3.7%2.9%
Op Mgn LTM-350.6%-4.3%-166.9%-50.0%7.3%3.8%-27.2%
Op Mgn 3Y Avg-1,788.1%-5.4%-141.8%-153.7%-3.5%-141.8%
QoQ Delta Op Mgn LTM75.4%-0.4%-1.3%2.6%-2.0%0.2%-0.1%
CFO/Rev LTM-265.9%19.1%-26.5%-43.8%5.5%3.7%-11.4%
CFO/Rev 3Y Avg-1,058.6%15.2%0.0%1,138.1%-3.2%3.2%
FCF/Rev LTM-283.3%18.8%-26.5%-43.8%5.5%2.9%-11.8%
FCF/Rev 3Y Avg-1,140.1%14.8%0.0%1,136.7%-2.3%2.3%

Valuation

AIREOPENGBRGYROLHAICBREMedian
NameReAlpha .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Mkt Cap0.05.10.00.0-48.40.0
P/S5.11.338.20.2-1.11.3
P/EBIT-1.4-32.7-22.9-0.5-28.5-1.4
P/E-0.5-18.7-94.623.9-38.3-0.5
P/CFO-1.96.6-144.3-0.5-29.3-0.5
Total Yield-192.1%-5.4%-1.1%4.2%-2.6%-1.1%
Dividend Yield0.0%0.0%0.0%0.0%-0.0%0.0%
FCF Yield 3Y Avg-60.3%0.1%3,141.7%-2.5%31.4%
D/E0.30.30.014.6-0.20.3
Net D/E0.20.1-0.13.6-0.20.2

Returns

AIREOPENGBRGYROLHAICBREMedian
NameReAlpha .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
1M Rtn-4.1%-8.6%-17.0%-5.1%47.1%7.7%-4.6%
3M Rtn30.5%35.3%-21.8%-6.9%83.8%2.0%16.3%
6M Rtn6.0%1,005.8%-22.8%15.0%-27.4%15.0%
12M Rtn-54.5%221.3%-34.4%1.7%-18.3%1.7%
3Y Rtn-305.8%-41.9%7.8%-104.8%56.3%
1M Excs Rtn-4.1%-8.5%-17.0%-5.0%47.1%7.8%-4.6%
3M Excs Rtn30.8%11.1%-28.7%-12.5%79.8%-5.0%3.1%
6M Excs Rtn-8.7%991.1%-37.6%0.3%-12.6%0.3%
12M Excs Rtn-68.9%183.0%-50.1%-17.8%-2.4%-17.8%
3Y Excs Rtn-208.5%-117.7%-66.1%-43.3%-11.4%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity7,631,407
Short Interest: % Change Since 103120257.3%
Average Daily Volume7,282,512
Days-to-Cover Short Interest1.05
Basic Shares Quantity51,289,445
Short % of Basic Shares14.9%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025814202510-Q 6/30/2025
3312025516202510-Q 3/31/2025
12312024402202510-K 12/31/2024
93020241112202410-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024419202410-Q 3/31/2024
12312023312202410-KT 12/31/2023
103120231218202310-Q 10/31/2023
73120239122023S-11/A 7/31/2023
43020238082023S-11 4/30/2023
13120235262023S-1/A 1/31/2023
43020224182023S-1 4/30/2022