The real estate disruptor has rebounded nicely, but does it have a bright future?
A pair of analysts got more bullish on the real estate portal operator. This followed the previous week's earnings release.
Redfin's revenue fell 45% in Q1, yet its stock jumped 37% after the market found out. The company's bottom-line losses improved significantly, and it might even be EBITDA positive this year.

Why Redfin Stock Jumped Today

04:59pm, Friday, 05'th May 2023
Redfin is still facing a tough real estate market, but the company is taking steps toward increased efficiency. Management is targeting positive adjusted EBITDA for the year.
Redfin Corporation shares powered 37% higher to $9.66 on Friday after the brokerage and real estate listings company reported first-quarter 2023 revenue of $325.7 million, down from $597.4 million a y

Redfin Stock Is Soaring on Earnings, Upgrade

12:33pm, Friday, 05'th May 2023
The stock's stellar performance arrives a day after the company posted a narrower-than-expected loss for its first quarter.
Redfin Corporation. (NASDAQ:RDFN ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Meg Nunnally - Head of IR Glenn Kelman - President, CEO and Director Chris Nielsen - CFO
Redfin (RDFN) came out with a quarterly loss of $0.93 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $0.82 per share a year ago.

Here's Why Redfin Shares Dropped 18% in April

06:07pm, Thursday, 04'th May 2023
Several key sources indicated that home sales declined again in March, pointing to weak demand. High interest rates and slowing economic growth are crushing demand for housing.

Here's Why I Still Own Redfin

06:13am, Thursday, 04'th May 2023
Even after a 90% decline from the highs, I think this real estate disruptor has a bright future.

Why Redfin Stock Slipped This Week

02:35pm, Friday, 28'th Apr 2023
Housing activity is drying up in the United States. Fewer home purchases mean a slowing of Redfin's business.

Why Redfin Stock Was Sliding Today

03:24pm, Tuesday, 25'th Apr 2023
Stocks fell on mixed earnings and economic data. The Case-Shiller Index showed home prices rose in February.
Glenn Kelman has changed his mind about remote work.
SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2023 results after the stock market closes on Thursday, May 4, 2023. The company will host a live webcast of its
The Yahoo Finance Live team discusses the outlook for Redfin and the decline in home prices in March.
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