COMP Stock Clocks Worst Day In Over 3 Months After New York Attorney General Launches Antitrust Probe

• The investigation comes months after Compass completed its $1.6 billion acquisition of Anywhere Real Estate earlier this year, creating Compass International Holdings.
• Antitrust concerns have centered on Compass’ combined market share in key markets, the report said.
• Barclays maintained its ‘Overweight’ rating on Compass, telling clients it sees “meaningful upside potential” in the stock.

Shares of real estate firm Compass Inc (COMP) fell a deep 12% on Wednesday following reports that the New York Attorney General’s antitrust division has begun probing its market footprint in New York City.

The stock clocked its worst day since February.

The Antitrust Probe

The Real Deal reported on Wednesday that the New York AG has contacted leaders at top brokerages for information as part of the inquiry. Compass has not commented publicly on the New York investigation.

The investigation comes months after Compass completed its $1.6 billion acquisition of Anywhere Real Estate earlier this year, creating Compass International Holdings—the nation’s largest residential real estate firm with more than 340,000 agents and franchisees. The deal, first announced in September 2025, combined Compass’s technology platform with Anywhere’s portfolio of legacy brands—including Corcoran, Sotheby’s International Realty, Coldwell Banker, Century 21, ERA, and Better Homes and Gardens Real Estate.

Antitrust concerns have centered on Compass’ combined market share in key markets, the report said. A Capital Forum analysis cited by The Real Deal found that Compass and Anywhere together accounted for more than 80% of 2024 transaction volume in Manhattan and over 60% in San Francisco—well above the 30% threshold flagged in federal merger guidelines as potentially signaling a substantial lessening of competition.

Wall Street Weighs In

Barclays analysts urged investors to view the New York Attorney General’s antitrust investigation into Compass as an overreach, describing the resulting plunge in the real estate brokerage’s shares as a “punitive” reaction that has created a compelling buying opportunity.

The firm maintained its ‘Overweight’ rating on Compass, telling clients it sees “meaningful upside potential” in the stock.

According to data from Koyfin, nine of the 12 analysts covering COMP rate it ‘Buy’ or higher, while three rate it ‘Hold.’ The 12-month average price target on the stock is $13.17, representing a potential upside of about 53% from the last closing price.

How Did COMP Retail Traders React?

On Stocktwits, retail sentiment around COMP jumped from ‘bearish’ to ‘neutral’ territory over the past 24 hours, while message volume remained at ‘low’ levels.

A Stocktwits user echoed Barclay’s sentiment, terming the pullback on Wednesday as a major buying opportunity.

Another dismissed the chances of the state AG’s probe affecting the business combination.

COMP stock has gained 23% over the past 12 months. 

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