Added to YB: 2026-09-30
Pitch date: 2026-09-24
RMV.L [bullish]
Rightmove plc
+18.82%
current return
Author Info
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Company Info
Rightmove plc, together with its subsidiaries, operates property portal in the United Kingdom and internationally.
Market Cap
GBP 3.3B
Pitch Price
GBP 4.50
Price Target
N/A
Dividend
2.42%
EV/EBITDA
10.88
P/E
15.39
EV/Sales
7.35
Sector
Interactive Media and Services
Category
value
Not aMUSEd: The UK 'Portal Pain Basket' - Rightmove (RMV.L)
RMV.L: Rightmove, the highly profitable UK property portal, trades at 15x next-year earnings and well below REA’s failed £7.80-a-share 2024 bid despite earnings rising 20-30% since. A 1% position was initiated as AI-agent disruption fears appear overblown given sticky consumer behavior and real-time inventory hurdles, though the market may continue treating portals as AI losers; the basket targets 30-50% total upside over 15-18 months.
Read full article (6 min)