EL7.AI
StocksMediumUpdated×2•Originally published 6 November 2026•Updated 6 November 2026•
3 min read

Rightmove Raises Minimum 2026 Core EPS Growth Forecast to 7%

Key Facts

1Rightmove raised its minimum forecast for core EPS growth in 2026 to 7% from at least 5%.
2The company expects revenue growth of between 6% and 7% in 2026 and core operating profit growth of at least 3%.
3The company cut its forecast for average revenue per advertiser growth to £100–£110 from £110–£120.
4Buyer demand fell 10% and agreed sales declined 9% in the four months to October 31 compared with a year earlier.

Rightmove, the UK property portal operator, raised its minimum forecast for full-year core earnings per share growth to 7% from at least 5% previously, in a trading update published on November 6, 2026. The company kept its revenue growth forecast at 6% to 7%, within its previous guidance range of 6% to 8%. It also continued to expect core operating profit growth of at least 3%, within the previous range of 3% to 5%. The update puts an improvement in the minimum EPS growth forecast alongside unchanged ranges for its other guidance. The company said it expects core EPS growth of "at least 7%" in 2026.

The forecast change came as Rightmove's indicators showed a decline in activity in the UK housing market. In the four months ended October 31, buyer demand fell 10% and agreed sales declined 9% compared with the same period a year earlier. The average house price on October 31 was 0.3% below its level a year earlier. These figures provide context for the company's trading outlook, while Rightmove kept its 2026 revenue growth estimate at 6% to 7%. Core operating profit was still expected to grow by at least 3%.

For one measure of revenue per customer, Rightmove cut its forecast for average revenue per advertiser growth to between £100 and £110, from previous guidance of between £110 and £120. The company linked the lower estimate to spending trends among developers of new homes. Its forecast for average revenue per advertiser at estate agencies was unchanged. The revision highlights the differing outlooks for the new homes and estate agency segments in the November update. Overall company revenue is still expected to grow between 6% and 7% in 2026.

Rightmove had lowered its full-year revenue growth forecast range in its interim report from 8% to 10% to 6% to 8%. The report attributed its new homes revenue outlook to lower development volumes, without assigning the entire reduction to that factor. In its May update, the company said year-on-year growth in the second half of 2026 was expected to be stronger than in the first half. It noted then that the first half had been affected by a shortage of new homes developments and a strong mortgage market comparison. The current revenue range of 6% to 7% sits within the range announced after the interim forecast cut.

It also expected core EPS growth of at least 10% that year. The company's interim report says its full-year results are scheduled to be announced on February 26, 2027. The company is expected to present its annual results and next update to investors then. The date follows the November update, which raised the minimum forecast for core EPS growth in 2026 to 7%.