Redfin (RDFN, $8.42) posts narrower-than-expected loss in Q4; has an optimistic full-year outlook
Redfin posted a narrower-than-anticipated loss in the fourth quarter, and offered an optimistic full-year outlook.
The real estate listings and brokerage company incurred a loss of -57 cents per share, compared to the Street expectations of -$1.07 loss per share.
Revenue fell -25% year-over-year to around $480 million, but surpassed analysts’ expectations of roughly $445 million (based on FactSet data). According to Redfin, overall U.S. home purchases plunged more than -40% from a year earlier.
Redfin is expecting adjusted Ebitda profit in full-year 2023, vs. the company’s adjusted Ebitda loss of -$192 million in fiscal 2022. “We shifted to more digital-margin revenue, lowered expenses, increased our share of online real estate traffic, and improved the quality of our sales force,” mentioned Redfin CEO Glenn Kelman said in a statement. “The discipline to make adjusted Ebitda this year can make us very profitable when the housing market recovers.”
The company said it expects total revenue in the range of $307 million and $324 million in the first quarter, vs. the $295 million estimated by FactSet. Redfin projects a total net loss between -$116 million and -$105 million, and an adjusted Ebitda loss of -$84 million to - $73 million, both wider losses than analysts’ estimates.
RDFN sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for RDFN moved above the 200-day moving average on June 17, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 05, 2025. You may want to consider a long position or call options on RDFN as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for RDFN just turned positive on June 11, 2025. Looking at past instances where RDFN's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RDFN advanced for three days, in of 274 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 176 cases where RDFN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for RDFN moved out of overbought territory on June 25, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where RDFN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RDFN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RDFN broke above its upper Bollinger Band on June 11, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
a provider of real estate brokerage services
Industry RealEstateDevelopment
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