Rightmove's Tech Growth, New Buybacks Signal Strong Year Ahead -- Market Talk

Dow Jones

02/27

1001 GMT - Rightmove's 2025 results are solid and include a number of positives beyond reported numbers and the resumption of buybacks, UBS analysts say in a note. The London-listed property website's performance update includes an all-time high technology and product delivery, continued AI deployment as well as improving agency formation, UBS says. "However, we believe that the anticipated phasing in revenues towards 2H, softer tone around new homes and mortgages may offset these positives," the Swiss bank says. UBS cuts 2026 revenue forecasts to 462.3 million pounds from 465.5 million pounds on the company's more cautious view on new homes and its strategic growth areas such as mortgages, rental services or commercial real estate. Shares are up 4.45% at 447.90 pence. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

February 27, 2026 05:02 ET (10:02 GMT)

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