Reliance Global Group (RELI) AI Stock Analysis

• Market Cap: $4.03M
• Dividend Yield: N/A
• Average Volume (3M): 7.04M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: 1.07%
• EPS Growth: 96.67%
• Country: US
• Employees: 64
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Brokers
• EPS (TTM): -0.85
• Shares Outstanding: 4,605,474
• 10 Day Avg. Volume: 20,816,233
• 30 Day Avg. Volume: 7,036,705
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 3.95
• Enterprise Value/Revenue: 1.12
• Enterprise Value/Gross Profit: 4.32
• Enterprise Value/Ebitda: -6.78
• 1Y Price Target: $1.00
• Price Target Upside: 13.64% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 42 Neutral
• Price Target: $1.00 ▲(13.64% Upside)

Reliance Global Group's stock score is primarily impacted by its weak financial performance, characterized by high leverage, declining equity, and negative cash flows. The technical analysis suggests a bearish trend, with potential oversold conditions. Valuation metrics are poor, with a negative P/E ratio and no dividend yield, further weighing down the overall score.

Reliance Global Group Business Overview & Revenue Model

Company Description

Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.

How the Company Makes Money

Reliance Global Group generates revenue through multiple streams, primarily from its insurance services, where it earns premiums from policyholders. Additionally, the company derives income from real estate investments and management services, including property leasing and sales. Technology services also contribute to revenue by offering specialized solutions to businesses. Strategic partnerships with other firms enhance its market reach and provide additional revenue opportunities through collaborative projects and joint ventures.

Reliance Global Group Financial Statement Overview

Summary

Reliance Global Group is facing significant financial challenges. The income statement reveals operational inefficiencies with negative EBIT and net profit margins. The balance sheet shows high leverage and declining equity, while cash flows are inadequate, relying heavily on external financing. These factors indicate a high-risk financial profile.

Income Statement

Reliance Global Group has shown volatility in its revenues, with fluctuations over recent periods. The TTM shows a slight increase of 1.1% in total revenue compared to the previous annual period. However, profitability metrics are concerning, with negative EBIT and net profit margins due to ongoing losses, despite slight improvements in gross profit. This indicates challenges in managing operational efficiency and cost structures in a competitive industry.

Balance Sheet

The company's financial leverage is high, with a substantial debt-to-equity ratio due to significant borrowings. Stockholders' equity has declined over time, impacting the equity ratio negatively. The return on equity is negative, reflecting ongoing losses. These factors suggest potential financial instability and a high-risk profile, necessitating prudent financial management to improve equity standing.

Cash Flow

Operating cash flows are consistently negative, and the free cash flow has not shown significant improvement. The free cash flow to net income ratio is negative, which highlights the challenges in generating sufficient cash from operations. The company relies heavily on financing activities, which could pose liquidity risks if external financing becomes constrained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.21M	14.05M	13.73M	16.76M	9.71M	7.28M
Gross Profit	3.69M	2.64M	2.50M	4.78M	2.61M	2.06M
EBITDA	-2.35M	-5.70M	-5.76M	-3.94M	-1.31M	-2.30M
Net Income	-5.46M	-9.07M	-12.01M	34.63M	-38.75M	-3.19M
Balance Sheet
Total Assets	16.82M	17.32M	23.02M	38.43M	27.68M	17.92M
Cash, Cash Equivalents and Short-Term Investments	388.38K	372.69K	1.33M	505.41K	4.14M	45.21K
Total Debt	12.93M	13.03M	14.54M	16.37M	9.43M	13.97M
Total Liabilities	14.21M	14.32M	15.87M	29.52M	53.74M	17.81M
Stockholders Equity	2.62M	3.00M	7.15M	8.91M	-26.07M	114.39K
Cash Flow
Free Cash Flow	-2.18M	-2.60M	-1.04M	-3.99M	-2.94M	-468.46K
Operating Cash Flow	-2.11M	-2.52M	-847.97K	-3.19M	-2.25M	-468.46K
Investing Cash Flow	-68.73K	-83.23K	710.19K	-24.64M	-2.30M	-1.95M
Financing Cash Flow	1.88M	1.66M	966.92K	25.12M	8.64M	2.45M

Reliance Global Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RELI, the sentiment is Negative. The current price of 0.88 is above the 20-day moving average (MA) of 0.84, below the 50-day MA of 1.00, and below the 200-day MA of 1.43, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 48.44 is Neutral, neither overbought nor oversold. The STOCH value of 20.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RELI.

Reliance Global Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUIZ	63 Neutral	$34.40M	13.68	-0.16%	―	19.30%	-17.56%
ZBAO	54 Neutral	$32.47M	11.08	―	―	80.80%	―
EHTH	52 Neutral	$120.40M	-11.68	4.33%	―	16.19%	89.75%
GOCO	45 Neutral	$72.43M	-1.24	-13.77%	―	17.46%	60.17%
RELI	42 Neutral	$4.03M	―	-223.86%	―	1.07%	96.67%
TIRX	41 Neutral	$52.08M	-3.64	-11.76%	―	624.24%	85.46%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Reliance Global Group Corporate Events

Reliance Global Group Adopts Digital Asset Strategy

On September 15, 2025, Reliance Global Group announced the adoption of a digital asset treasury strategy, allowing the company to invest in cryptocurrencies like Bitcoin, Ethereum, and Solana. This move includes exploring blockchain-enabled, tokenized insurance-linked assets to improve the insurance-linked market. The strategy introduces risks such as volatility in digital asset prices, which could impact the company’s financial results and stock price. The formation of a Crypto Advisory Board aims to guide the strategy’s implementation, but the company acknowledges potential challenges, including regulatory, technological, and market risks.

The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Updates Stock Vesting Schedules

On September 12, 2025, Reliance Global Group‘s Compensation Committee approved changes to the vesting schedules for certain restricted stock awards under its 2024 and 2025 incentive plans. This decision aims to enhance employee retention, align management with shareholder interests, and acknowledge past contributions by fully vesting awards for key executives and employees, including CEO Ezra Beyman, CFO Joel Markovits, and EVP Yaakov Beyman.

The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Enters Stock Purchase Agreement

On August 26, 2025, Reliance Global Group, Inc. entered into a Common Stock Purchase Agreement with White Lion Capital, LLC, allowing the company to sell up to $10 million of newly issued common stock to White Lion. The agreement includes conditions such as an Exchange Cap and Beneficial Ownership Limitation to regulate the stock issuance. Additionally, a Registration Rights Agreement was established to facilitate the resale of shares by White Lion, with the company committing to file a registration statement within ten business days. This strategic move is expected to provide Reliance Global Group with financial flexibility and potentially enhance its market position.

The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Updates Investor Presentation

On August 19, 2025, Reliance Global Group, Inc. released an updated investor presentation to be used in meetings with investors and analysts. This presentation, which is not filed under the Securities Exchange Act, contains forward-looking statements about the company’s strategy and future operations, highlighting potential risks and uncertainties that could impact actual results.

The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Enters Market Offering Agreement

On August 13, 2025, Reliance Global Group, Inc. entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing the company to sell up to $2,026,453 of its common stock through the agent. This agreement, underpinned by an effective registration statement and prospectus supplement, involves sales through Nasdaq or other markets and grants Wainwright a right of first refusal for future financial advisory roles, impacting the company’s strategic financial operations.