Better Home & Finance (NASDAQ:BETR) Price Target Raised to $22.00

Better Home & Finance (NASDAQ:BETR) had its price target boosted by Needham & Company LLC from $15.00 to $22.00 in a report published on Monday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently weighed in on BETR. Canaccord Genuity Group restated a “buy” rating and issued a $42.00 target price on shares of Better Home & Finance in a research report on Tuesday, August 4th. B. Riley Financial assumed coverage on Better Home & Finance in a research report on Wednesday, September 9th. They set a “buy” rating on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Better Home & Finance in a research report on Wednesday, October 7th. Weiss Ratings raised Better Home & Finance from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, September 22nd. Finally, Zacks Research upgraded Better Home & Finance to a “hold” rating in a report on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Better Home & Finance currently has an average rating of “Moderate Buy” and a consensus price target of $24.14.

Better Home & Finance Trading Up 3.6%

Shares of NASDAQ:BETR opened at $21.54 on Monday. The company has a 50 day moving average of $12.55 and a 200-day moving average of $25.28. The firm has a market cap of $409.24 million, a P/E ratio of -1.95 and a beta of 1.73. Better Home & Finance has a twelve month low of $7.51 and a twelve month high of $82.89.

Better Home & Finance (NASDAQ:BETR) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($1.64) EPS for the quarter, missing analysts’ consensus estimates of ($1.41) by ($0.23). Better Home & Finance had a negative net margin of 94.52% and a negative return on equity of 409.62%. The company had revenue of $54.70 million for the quarter. Equities research analysts forecast that Better Home & Finance will post -7.98 EPS for the current year.

Insider Activity

In other news, insider Chad Smith sold 3,307 shares of Better Home & Finance stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $12.85, for a total value of $42,494.95. Following the transaction, the insider owned 1,693 shares of the company’s stock, valued at $21,755.05. The trade was a 66.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Paula Tuffin sold 3,108 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $12.36, for a total transaction of $38,414.88. Following the completion of the sale, the general counsel owned 40,931 shares in the company, valued at $505,907.16. The trade was a 7.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 8,960 shares of company stock valued at $107,647. Insiders own 27.72% of the company’s stock.

Institutional Trading of Better Home & Finance

Large investors have recently added to or reduced their stakes in the business. Whetstone Capital Advisors LLC bought a new position in shares of Better Home & Finance in the second quarter valued at $6,985,000. Fifth Third Bancorp acquired a new stake in shares of Better Home & Finance during the 1st quarter valued at $1,460,000. Bank of New York Mellon Corp acquired a new stake in shares of Better Home & Finance during the 2nd quarter valued at $518,000. Quantinno Capital Management LP acquired a new stake in shares of Better Home & Finance during the 1st quarter valued at $505,000. Finally, Stoic Point Capital Management LLC acquired a new stake in shares of Better Home & Finance during the 1st quarter valued at $467,000. 20.94% of the stock is currently owned by institutional investors.

More Better Home & Finance News

Here are the key news stories impacting Better Home & Finance this week:

• Positive Sentiment: Cost reductions and operational improvements: Better’s “Better 2.0” weekly scorecard said mortgage-operations and corporate-efficiency actions are expected to generate approximately $6.6 million in annualized savings, including additional workforce efficiencies. This may improve the company’s path toward profitability. Better 2.0 weekly scorecard
• Positive Sentiment: Potentially favorable analyst view: Needham & Company reportedly issued a forecast calling for strong appreciation in BETR, which may be attracting speculative buying despite the company’s weak earnings profile. Needham forecast for Better Home & Finance
• Neutral Sentiment: Board and leadership changes: Shareholders voted to reconstitute the board in favor of founder Vishal Garg, removing five of eight directors, including Interim CEO Daniel Lewis. Better also appointed Linda Yaccarino as an independent director. The changes could accelerate the turnaround but increase uncertainty around governance and strategy. Egan-Jones shareholder verdict commentary
• Negative Sentiment: Continued securities-litigation pressure: Multiple law firms reiterated notices concerning a securities-fraud class action and a November 20, 2026 lead-plaintiff deadline. The allegations center on a 75% sequential increase in Q1 2026 net loss and the scaling back of assurances that monthly loan volume would reach $1 billion. The litigation adds reputational, legal-cost and potential-liability risks. BETR shareholder class-action notice

About Better Home & Finance

Better Home & Finance Holding Company is a financial technology company that provides digital services for homeownership. Through its Better brand, the company offers an online platform designed to simplify the process of buying, financing and protecting a home.

Its principal businesses include Better Mortgage, a digital mortgage lender and broker; Better Real Estate, which provides residential real estate brokerage services; Better Cover, an insurance platform; and Better Settlement Services, which supports title and closing activities.