UK's Rightmove reaffirms 2026 guidance as AI rollout boosts membership
Rightmove's Strategic Updates and Financial Outlook
AI-Powered Tools Drive Membership Growth
May 8 (Reuters) - Britain's biggest property listing portal Rightmove reaffirmed its 2026 revenue and operating profit guidance on Friday as its core membership increased with the continued rollout of artificial intelligence-powered tools.
Investment in Digital Solutions
The company has been accelerating investments in digital tools, including in its AI-powered Online Agent Valuation, to lift engagement and boost returns in the long term, albeit at the cost of tighter margins and weaker profits this year.
Membership and Market Segment Performance
Core membership growth remains in line with Rightmove's expectation for about 1% rise across estate agency and new homes this year, it said, with strength in estate agency offsetting weakness in its new homes development segment, which faces subdued build rates amid a slowing housing market.
Reporting Credits
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala and Subhranshu Sahu)




