Real Matters Inc. (REAL $6.25)
- $6.25 Cap: $463M
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Review of Real Matters Inc.

OCT 23, 2025 - REAL’s management is focused on positioning the company to navigate tough times and ride the next cyclical upturn, with an ambitious long-term operating model aimed at creating meaningful shareholder value. REAL remains a highly cyclical, volatile, high-risk name with meaningful upside potential if management can execute during a recovery. However, given its sensitivity to macro factors and limited visibility into future demand, we are dropping coverage on Real Matters (REAL).

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