Compass (COMP) Stock Surges on Strong Q4 Performance and Merger Approval
Compass Inc. (COMP) shares rallied 9.3% on January 7 as the real estate brokerage delivered a trifecta of positive developments. The company raised its Q4 revenue guidance to the high end of its $1.59B-$1.69B range, with adjusted EBITDA expected to meet or exceed the upper bound of $35M-$49M. Agent growth remained robust, with 800 new additions during the quarter.
Shareholders overwhelmingly approved the transformative Anywhere Real Estate merger, with 99% of Compass investors and 72.4% of Anywhere stockholders voting in favor. The deal, slated to close January 9, 2026, will reshape the residential real estate landscape. Compass simultaneously announced a $750M convertible notes offering—equivalent to over 10% of its market cap—to fund the acquisition and general corporate purposes.
