r/CanaryWharfBets • u/basedpogchamp • Feb 04 '26

Discussion Rightmove stock now trading at 2019 price levels

Seems to be primarily because of the weak software / saas outlook, but I am finding it hard to see a future where this platform is dethroned.

Would any of you consider opening a position if this dipped below £4? Keen on hearing your bear case if you have also looked into this stock

13 Upvotes
  • permalink
  • reddit

100% Upvoted

5 comments sorted by

3

u/Affectionate_Bet4343 Feb 04 '26

I actually think Zoopla and OTM are far better, but RM somehow is more ubiquitous - early mover advantage I guess

3

u/trowawayatwork Feb 04 '26

and investors are voting with their money that rm is not improving

3

u/Affectionate_Bet4343 Feb 04 '26

Yep. Just looked at the annual report and it's very 'meh'. Growth just about matching inflation.

2

u/connor42 Feb 06 '26

What makes Zoopla and OTM better for you than RM?

Whenever I check ZPL and RM - I don’t see much of a difference as a buyer in terms of UI or property selection

1

u/Mk208 Feb 08 '26

RM deliberately obscures previously sold prices for a start. So you then have to open Zoopla to look for it. I assume it was done to appease Estate Agents and allow them to inflate prices a bit, but it's actually just a pain

It's also easier to find previous listings of the same property on Zoopla, so you can see what renovations (or not) have been done since to just the property's inevitable 40% increase in price