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REA Group Ltd ( (AU:REA) ) just unveiled an announcement.
REA Group Ltd reported strong financial performance for the first quarter of the fiscal year 2026, with a 4% increase in revenue to $429 million and a 5% rise in EBITDA to $254 million. This growth was driven by increased adoption of premium products and a healthy property market, despite a decline in listing volumes compared to the previous year. In Australia, revenue grew by 6% due to higher yields and increased depth penetration, while in India, revenue declined by 20% due to strategic divestments and regulatory changes. The company’s flagship platform, realestate.com.au, achieved record audience numbers, further solidifying its market leadership.
The most recent analyst rating on (AU:REA) stock is a Hold with a A$279.25 price target. To see the full list of analyst forecasts on REA Group Ltd stock, see the AU:REA Stock Forecast page.
More about REA Group Ltd
REA Group Ltd is a leading digital advertising company specializing in real estate services. It operates primarily in Australia and India, offering a range of property-related products and services, including the popular realestate.com.au platform, which is a significant player in the Australian property market.
Average Trading Volume: 174,694
Technical Sentiment Signal: Hold
Current Market Cap: A$28.04B
For an in-depth examination of REA stock, go to TipRanks’ Overview page.