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Compass ( (COMP) ) has shared an announcement.
On January 8, 2026, Compass, Inc. announced it had priced an upsized private offering of $850 million in 0.25% convertible senior notes due April 15, 2031, with an option for initial purchasers to buy an additional $150 million, targeted to qualified institutional buyers under Rule 144A. The senior unsecured notes, guaranteed by key Compass subsidiaries, carry an initial conversion rate implying a $15.98 per-share conversion price—about a 35% premium to the January 7, 2026 NYSE closing price—and are supported by capped call transactions with a $23.68 cap, or a 100% premium, designed to limit potential dilution from conversion. Compass plans to use the proceeds for general corporate purposes, including, if its previously announced merger with Anywhere Real Estate Inc. is completed, repaying portions of Anywhere’s existing indebtedness and covering merger-related costs, as well as funding the capped call transactions, a move that would strengthen the combined entity’s balance sheet and could influence trading dynamics in Compass’s Class A stock and the notes as counterparties hedge their positions.
The most recent analyst rating on (COMP) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Compass stock, see the COMP Stock Forecast page.
Spark’s Take on COMP Stock
According to Spark, TipRanks’ AI Analyst, COMP is a Neutral.
The score reflects improving cash generation and a firmer operating narrative (record Q3, positive EBITDA guidance, and OpEx discipline), supported by strong price trend vs. key moving averages. Offsetting these positives are ongoing profitability challenges (negative margins/ROE), limited valuation support due to a negative P/E and no dividend yield data, and merger-related legal/financing complexity.
To see Spark’s full report on COMP stock, click here.
More about Compass
Compass, Inc., founded in 2012 and based in New York City, is a tech-enabled real estate services company that operates the largest residential real estate brokerage in the United States by sales volume. It provides an end-to-end, cloud-based platform for its residential real estate agents, integrating customer relationship management, marketing, client service, brokerage services and other tools designed specifically to help agents grow and manage their businesses more efficiently.
Average Trading Volume: 12,848,628
Technical Sentiment Signal: Buy
Current Market Cap: $6.09B
For a thorough assessment of COMP stock, go to TipRanks’ Stock Analysis page.