B+
Bull case
25%
Probability
Target price
$20.50
Analysis reference price unavailable
Analysis 2026-06-18 · RankAlpha Sentiment Codex
IRS
IRSA Inversiones y RepresentacionesDNYSE / Real Estate Management & Development
Last Price
Quote time unavailable
Current thesis
Primary-source company materials still support a cautious constructive operating view: rental-segment EBITDA grew year over year, premium offices stayed fully occupied, hotels kept recovering, and development projects continued [#PR-2026-05-06].
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +5.9.
What can break
Argentina consumer and pricing weakness may eventually flow through to tenant affordability and leasing spreads even if occupancy is currently strong.
Momentum
43
Value
50
Sentiment
55
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $16.00 · Bull $20.50 · Bear $12.50Analysis 2026-06-18; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-09-04 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-06-18 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $21.50
Why
Momentum43 · Δ7d +5.8
Value50 · Δ7d +0.3
Sentiment55 · Δ7d +5.9
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +5.9.
Contradictions & invalidation
- • Argentina consumer and pricing weakness may eventually flow through to tenant affordability and leasing spreads even if occupancy is currently strong.
- • Coverage is thin and the current peer set is loose, which lowers confidence in valuation read-throughs.
- • Forward visibility is weak.
Catalyst clock
2026-06-30
Warrant expiry removes a technical overhang but modestly lifts share count
Lead driver: Sentiment · See AI snapshot
Momentum
43
9% active weight
Current posture
7d trendImproving
Δ7d
+5.8
Δ21d
+25.5
Value
50
28% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
+0.6
Sentiment
55
62% active weight
Current posture
7d trendImproving
Δ7d
+5.9
Δ21d
-4.9
Why this grade
Composite grade D. Momentum 43.4 / Value 50.1 / Sentiment 55.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-06-18. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$16.00
Analysis reference price unavailable
Analysis 2026-06-18 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$12.50
Analysis reference price unavailable
Analysis 2026-06-18 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-09-04
Fundamentals (TTM)
As of 2026-09-04
Market Cap
$1.31B
Beta
0.75
Shares Out
84.61M
P/E (TTM)
4.4
P/S (TTM)
3.48
P/FCF (TTM)
9.63
Rev YoY
-2.6%
EPS YoY
-128.2%
Gross Margin
+62.1%
Op Margin
+43.1%
Net Debt
$218.36M
Current Ratio
1.97
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data