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The latest research on Rightmove centres on a revised price target that has moved from 404 GBp to 429 GBp. Analysts link this change to updated assumptions and a split view on execution and growth, which helps explain why JPMorgan maintains an Underweight rating, while Goldman Sachs initiates at 516 GBp with a Neutral stance. As you read on, you will see how these shifting targets fit into the wider Rightmove story and how to keep track of the evolving narrative.
What Wall Street Has Been Saying
🐂 Bullish Takeaways
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RBC Capital keeps an Outperform rating on Rightmove and sets a price target of 675 GBp. This signals confidence in the company's longer term valuation potential despite the reduced target.
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Goldman Sachs initiates coverage on Rightmove with a Neutral stance and a 516 GBp target, and highlights that AI technologies have not materially increased disintermediation risks for classifieds portals.
🐻 Bearish Takeaways
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JPMorgan maintains an Underweight rating as its price target moved from 489 GBp to 404 GBp in June 2026, then to 429 GBp in August. This points to continued caution around execution and growth assumptions.
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RBC Capital trims its target on Rightmove from 765 GBp to 675 GBp, which indicates a more restrained view on what investors might be willing to pay for the stock even while the rating remains supportive.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!
We've flagged 1 risk for Rightmove. See which could impact your investment.
How This Changes the Fair Value For Rightmove
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Fair Value has moved from £5.69 to £5.45 in the latest model.
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Revenue Growth has moved from 8.68% to 10.86% in the updated assumptions.
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Net Profit Margin has shifted from 47.89% to 48.84% in the refreshed estimates.
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Future P/E has been adjusted from 20.23x to 16.94x in the new analysis.
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The Discount Rate has changed from 8.73% to 9.05% in the latest inputs.
Never Miss an Update: Follow The Narrative
Narratives link Rightmove's business story to forecasts and an implied fair value so you can see how the pieces fit together. They update as new data, guidance and analyst views come in.
Head over to the Simply Wall St Community and follow the Narrative on Rightmove to stay up to date on:
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How Rightmove's high user engagement, strong brand recognition and digital focus support advertiser demand and monetization potential.
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The role of AI tools, premium agent packages and new verticals such as mortgages, rentals and commercial in broadening high margin revenue streams.
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Key risks including UK market dependence, agent churn, lower ARPA from new clients and rising competition from alternative property portals.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include RMV.L .
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