Rightmove Plc Unsponsored ADR (RTMVY)
Rightmove targets double-digit growth with AI push and £90m buyback
Rightmove PLC (LSE:RMV), the UK's largest property portal, has set out plans for accelerated investment in artificial intelligence and product innovation as it targets sustained double-digit revenue growth into the medium term, after reporting a strong set of full-year results for 2025. The company said it expected revenue to grow by 8-10% in 2026, underpinned by the continued uptake of its top packages for estate agents and new homes developers.
Rightmove: Finally Cheap Enough To Buy
Rightmove remains the dominant UK property portal, boasting an 80%+ market share and a highly profitable, asset-light model. Recent AI disruption fears and margin compression from AI investments triggered a >45% share price correction, making RTMVF more attractive for value investors. Despite guiding for slight margin compression, RTMVF still expects ~9% top-line and underlying profit growth, with current valuation at a P/E of 16.5x.
Housebuilders subside as Rightmove reports soft pricing
Barratt Redrow PLC, Taylor Wimpey PLC and Berkeley Group Holdings PLC shares were among the leading FTSE 350 fallers after Rightmove reported slightly lower house prices in February, with competition among UK house sellers at an 11-year high. The property portal said the average asking price of a newly listed home slipped £12 month-on-month to £368,019, effectively flat year-on-year.
January's Gains Endure as High Supply Tempers February U.K. House-Price Growth, Rightmove Says
Property website Rightmove said U.K. house prices in February were virtually flat on month as a high choice of homes for sale and steadying buyer activity prevented a rise.
Rightmove target cut as online classifieds AI debate not going away
Stocks in the online classifieds sector, such as Rightmove PLC and Auto Trader Group PLC, have lost a combined market value of around 40% over the past six months, with artificial intelligence anxiety a main cause, according to UBS. The AI debate is likely to rage on until at least the second half of the year, the Swiss bank reckons, based on continued investor uncertainty.
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.
