Rightmove Plc Unsponsored ADR (RTMVY)
Rightmove sees surge in post-Christmas house hunting activity
Rightmove said Boxing Day 2025 was the busiest day on record for visits to its website, pointing to a stronger-than-usual seasonal lift in housing market activity as the year drew to a close. Traffic to the property portal jumped sharply between Christmas Day, typically the quietest day of the year, and Boxing Day, with visits up 93% as buyers returned online in large numbers.
Rightmove faces legal claim over 'excessive and unfair' estate agent fees
Rightmove PLC (LSE:RMV) confirmed that it has received notice of a potential legal claim against it, following recent press reports. "We're confident in the value we provide to our partners," the FTSE 100 company said, adding that it will provide further updates "as appropriate".
Rightmove gets backing despite investor jitters
Deutsche Bank has reiterated its 'buy' rating on Rightmove PLC (LSE:RMV) but cut its price target from 927p to 732p after the property portal spooked investors by pushing back its growth targets and announcing a fresh investment drive. The shares fell sharply, closing at 563.4p, as the market digested what the broker described as “a double whammy” of disappointing news.
Rightmove AI gambit splits City opinion
After a freaky Friday that saw the stock tumble almost 30% at one point, Rightmove PLC (LSE:RMV) shares were on a more even keel on Monday (down around 0.8%). However, its decision to ramp up investment in artificial intelligence (AI) appears to have divided City opinion.
Rightmove's AI ramp-up rattles investors, but City likes long-term logic
Rightmove PLC's (LSE:RMV) pledge to spend £60 million over three years on artificial intelligence and platform development has divided opinion, with the shares plummeting 27% in early trading. Several analysts applauded the company's ambition despite warning of short-term profit pressure.
Rightmove plunges on AI investment plans, putting brakes on 2026 profits
Rightmove PLC (LSE:RMV) shares crashed over 21% to 514p after the property selling platform unveiled plans to accelerate investment in artificial intelligence and technology, warning that higher spending would slow profit growth in the short term. The property portal said it would increase research and development, re-platform its operations, and expand its AI-powered search and data tools to “build an even stronger platform” and drive longer-term growth.
Rightmove lauded by bank after 'solid' performance
Rightmove PLC (LSE:RMV) shares look set for further gains after Deutsche Bank raised its price target to 927p from 815p and reiterated a 'buy' rating, following half-year results that were described as “a good set of numbers". The property portal reported revenue up 10% in the first half, ahead of Deutsche's forecast, and delivered marginal beats at every level.
Investment bank nudges Rightmove target to 805p on stronger growth outlook
RBC Capital has raised its price target on Rightmove PLC (LSE:RMV) to 805p from 750p, citing a clearer growth path following the company's half-year results. The bank acknowledged some investor scepticism after the earnings call but said it saw more to like in the update, describing the portal as “the silver lining without a cloud.
Rightmove H1 revenue rises 10% as agents embrace premium packages
Rightmove PLC (LSE:RMV) has reported a solid set of half-year results, showing revenue up 10% to £211.7 million and operating profit rising by the same margin to £145.4 million for the six months to 30 June 2025. The company credited strong take-up of premium products and sustained demand from partners as key drivers.
New sellers cut prices as buyers flock to cities over coast says Rightmove
New sellers trimmed asking prices by 0.3% in June, shaving £1,277 off the average to £378,240. That's an unusual drop for this time of year, as a flood of homes for sale and April's stamp duty hike push sellers to be more realistic.
Rightmove keeps 2025 guidance as new tools and partner features drive strong start
Rightmove PLC (LSE:RMV) said it has made a strong start to 2025, with trading in line with expectations and full-year guidance unchanged. The UK-based property portal continues to forecast 8–10% revenue growth this year, supported by new product launches and increased membership across its Core business.
UK housebuilders edge higher as Citi flags resilient demand ahead of trading updates
- Rightmove data shows asking prices up in April, with buyer interest holding firm post-stamp-duty changes Shares in UK housebuilders saw modest gains on Tuesday after Citi highlighted fresh signs of resilience in the housing market ahead of upcoming trading updates from the sector. The latest data from Rightmove showed asking prices rose 1.4% month-on-month and 1.3% year-on-year in April, with a notable rebound in the South East and South West - areas that had lagged in recent months.
