ReAlpha Tech Corp: M&A-Led Expansion and Mortgage Acquisition Drive Buy Rating and $2 Target

H.C. Wainwright analyst Scott Buck reiterated a Buy rating on reAlpha Tech Corp. today and set a price target of $2.00.

Scott Buck has given his Buy rating due to a combination of factors tied to reAlpha Tech Corp.’s strategic expansion and growth prospects. He views the planned acquisition of InstaMortgage as a logical extension of reAlpha’s existing origination platform, enabling the company to participate in more stages of the home-buying value chain and to enter several new states. The structured deal terms, with limited cash required at closing and the bulk of consideration deferred over several years, are seen as preserving financial flexibility while incentivizing the acquired business over the long term. Buck also notes that lower interest rates should support increased home purchase and refinancing volumes, which, combined with the expanded mortgage offering, positions reAlpha for a notable revenue ramp in 2026.
He further believes that reAlpha’s M&A-focused strategy provides a clear pathway for additional product and geographic expansion beyond the InstaMortgage transaction. The company’s intent to use its stock as an acquisition currency and to leverage cross-selling within an integrated real estate ecosystem is expected to enhance customer value and drive incremental growth. Buck’s model already incorporates meaningful inorganic contributions, with 2026 revenues projected to more than triple versus 2025 and EBITDA losses narrowing as scale improves. Based on these strategic, financial, and macro tailwinds, he maintains a Buy rating and a $2 price target on AIRE shares.