Redfin Today RDFN Redfin $10.82 +0.39 (+3.74%) 52-Week Range $4.26 ▼ $11.80 Price Target $7.68 Add to Watchlist Residential real estate brokerage Redfin Co. NASDAQ: RDFN has been a disrupter in the finance sector, specifically in the residential real estate industry. The company has been losing money in the high interest rate and weak home-buying market. Sentiment hasn't been great, as evidenced by its 15.44% short interest. However, with the U.S. Federal Reserve expected to start its interest rate cut cycl ...

The real estate middleman confirmed what many would expect to be the case. It even doubled down on the resulting opportunity. Largely in response to news regarding its ever-strengthening place within the real estate sales business, data from S&P Global Market Intelligence indicates that as of 3:54 p.m. ET Monday, Redfin (RDFN 12.03%) stock was up 11.4%. More upside could be in store, too. It's complicated Last month, the National Association of Realtors (NAR) changed long-standing rules regarding agents' co ...

An analyst upgrade lifted shares of the online real estate brokerage. Shares of Redfin (RDFN 3.27%) were moving higher again today after the online real estate brokerage got an upgrade from a Wall Street analyst. It was the latest piece of good news for Redfin, which has responded favorably to expectations that interest rates will come down at the Federal Reserve's next meeting later this month. As of 11:21 a.m. ET, the stock was up 7.8% after gaining as much as 15.8% earlier in the session. Redfin's breako ...

Redfin isn't a profitable company right now, but that could change quickly in a better real estate environment. Real estate technology company Redfin (RDFN -1.58%) isn't profitable right now, but management is certainly doing a good job of focusing on efficiency and setting the company up for success once the agonizingly slow real estate market picks up. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why Redfin could be a major winner as the Federal Reserve starts to lower interes ...

Several tailwinds could help this business have an excellent 2025 and beyond. To say that Redfin (RDFN -1.58%) has been a strong performer lately would be an understatement. As of Aug. 26, the stock is higher by more than 50% in just one week. But as I explain in this video, some big catalysts could fuel the business in 2025 and beyond. *Stock prices used were the morning prices of Aug. 26, 2024. The video was published on Aug. 27, 2024. ...

Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-see service. On August 29, TechCrunch reported that a startup called Landian had emerged from stealth to offer homebuyers a way to tour and make offers on homes through a flat-fee service, rather than paying commissions. That company was co-founded by Josh Sitzer, who sued the National Association of Realtors (NAR) in a landmark case over agent commissions. Under the resulting settlement, ...

Eager rate watchers shouldn't jump the gun with Redfin stock. Central bank policy affects all publicly listed U.S. businesses, more or less. Among the more directly affected companies is Redfin, (RDFN -7.86%) which operates a digital residential real estate marketplace. The Federal Reserve sets the federal funds rate, which in turn affects America's mortgage interests rates. After roughly two years of elevated rates, the tide may finally turn in Redfin's favor if the Fed finally starts to reduce interest ra ...

Even though shares are up sharply in recent weeks, the real estate disruptor could still be a great long-term investment. Real estate technology company Redfin (RDFN 5.78%) has taken investors on quite a roller-coaster ride. After losing more than 95% of its peak value after the real estate market slowed to a crawl in 2022, the stock has more than tripled from the lows and is up by more than 50% in the past couple of weeks. However, with Redfin still trading at a rather small market cap ($1.3 billion) and s ...

These two beaten-down stocks are on the rebound. While $5,000 might not seem like much to some, with the power of investing, that money can turn into $10,000, $20,000, and $50,000 over time. Thanks to compounding, your money will grow faster the longer it's invested, so it's always a good idea to get started investing sooner rather than later. If you're looking to double your money -- and have some patience -- keep reading to see two stocks that could turn $5,000 into $10,000 in due time. 1. Redfin Redfin ( ...

Redfin is improving its revenue, profits, and market share in a slowing real estate market, and its business could benefit from a big tailwind next month. Redfin (RDFN -1.84%) is a real estate technology company, and it operates one of the largest brokerages in America. The rapid rise in interest rates during 2022 and 2023 shrank the borrowing capacity of most consumers and put the brakes on the housing market, which crushed Redfin's primary business. With that said, the company continues to deliver modest ...