Fathom Holdings Inc. (FTHM) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Fathom Holdings Inc. Do?
Fathom Holdings Inc. provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers to develop its intelliAgent platform for use by the company's real estate agents. The company operates a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services, as well as supporting software called intelliAgent. It offers access to various properties for sale or lease through its FathomRealty.com website to buyers, sellers, landlords, and tenants. Its intelliAgent real estate technology platform provides a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, training, customer relationship management, social media marketing and other marketing, and marketing repository services, as well as marketplace for add-on services and third-party technology. The company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. Fathom Holdings Inc. was founded in 2010 and is headquartered in Cary, North Carolina. Fathom Holdings Inc. (FTHM) is classified as a micro-cap stock in the Real Estate sector. The company is led by CEO Joshua Harley and employs approximately 240 people. With a market capitalization of $19M, FTHM is one of the notable companies in the Real Estate sector.
Fathom Holdings Inc. (FTHM) Stock Rating — Reduce (April 2026)
As of April 2026, Fathom Holdings Inc. receives a Reduce rating with a composite score of 27.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.FTHM ranks #3,799 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, Fathom Holdings Inc. ranks #50 of 57 stocks, placing it in the lower half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
FTHM Stock Price and 52-Week Range
Fathom Holdings Inc. (FTHM) currently trades at $0.80. The stock lost $0.05 (6.0%) in the most recent trading session. The 52-week high for FTHM is $3.37, which means the stock is currently trading -76.2% from its annual peak. The 52-week low is $0.65, putting the stock 23.6% above its annual trough. Recent trading volume was 104K shares, suggesting relatively thin trading activity.
Is FTHM Overvalued or Undervalued? — Valuation Analysis
Fathom Holdings Inc. (FTHM) carries a value factor score of 12/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.61x, versus the sector average of 1.18x. The price-to-sales ratio is 0.06x, compared to 0.80x for the average Real Estate stock.
At current multiples, Fathom Holdings Inc. trades at a premium to most Real Estate peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Fathom Holdings Inc. Profitability — ROE, Margins, and Quality Score
Fathom Holdings Inc. (FTHM) earns a quality factor score of 28/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -58.0%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -27.8% versus the sector average of 0.8%.
On a margin basis, Fathom Holdings Inc. reports gross margins of 100.0%, compared to 26.0% for the sector. The operating margin is -4.9% (sector: 3.7%). Net profit margin stands at -5.6%, versus 1.8% for the average Real Estate stock. Revenue growth is running at 29.3% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
FTHM Debt, Balance Sheet, and Financial Health
Fathom Holdings Inc. has a debt-to-equity ratio of 15.0%, compared to the Real Estate sector average of 60.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.06x, suggesting adequate working capital coverage. Total debt on the balance sheet is $6M. Cash and equivalents stand at $10M.
FTHM has a beta of 0.98, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Fathom Holdings Inc. is 23/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Fathom Holdings Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Fathom Holdings Inc. reported revenue of $414M and earnings per share (EPS) of $-0.72. Net income for the quarter was $-22M. Gross margin was 100.0%. Operating income came in at $-19M.
In FY 2025, Fathom Holdings Inc. reported revenue of $420M and earnings per share (EPS) of $-0.72. Net income for the quarter was $-20M. Revenue grew 25.4% year-over-year compared to FY 2024. Operating income came in at $-16M.
In Q3 2025, Fathom Holdings Inc. reported revenue of $115M and earnings per share (EPS) of $-0.15. Net income for the quarter was $-4M. Revenue grew 37.7% year-over-year compared to Q3 2024. Operating income came in at $-4M.
In Q2 2025, Fathom Holdings Inc. reported revenue of $121M and earnings per share (EPS) of $-0.13. Net income for the quarter was $-4M. Revenue grew 36.1% year-over-year compared to Q2 2024. Operating income came in at $-2M.
Over the past 8 quarters, Fathom Holdings Inc. has demonstrated a growth trajectory, with revenue expanding from $89M to $414M. Investors analyzing FTHM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
FTHM Dividend Yield and Income Analysis
Fathom Holdings Inc. (FTHM) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.
FTHM Momentum and Technical Analysis Profile
Fathom Holdings Inc. (FTHM) has a momentum factor score of 24/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 61/100 reflects moderate short selling activity.
FTHM vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, Fathom Holdings Inc. (FTHM) ranks #50 out of 57 stocks based on the Blank Capital composite score. This places FTHM in the lower half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing FTHM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FTHM vs S&P 500 (SPY) comparison to assess how Fathom Holdings Inc. stacks up against the broader market across all factor dimensions.
FTHM Next Earnings Date
No upcoming earnings date has been announced for Fathom Holdings Inc. (FTHM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy FTHM? — Investment Thesis Summary
The quantitative profile for Fathom Holdings Inc. suggests caution. The quality score of 28/100 flags below-average profitability. The value score of 12/100 indicates premium valuation. Momentum is weak at 24/100, a headwind for near-term performance. High volatility (stability score 23/100) increases portfolio risk.
In summary, Fathom Holdings Inc. (FTHM) earns a Reduce rating with a composite score of 27.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FTHM stock.
Related Resources for FTHM Investors
Explore more research and tools: FTHM vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FTHM head-to-head with peers: FTHM vs UE, FTHM vs KW, FTHM vs AXR.