Redfin Future Growth

Future criteria checks 1/6

Redfin is forecast to grow earnings and revenue by 30.9% and 9.9% per annum respectively while EPS is expected to grow by 34% per annum.

Key information

30.9%

Earnings growth rate

34.0%

EPS growth rate

Real Estate earnings growth	35.9%
Revenue growth rate	9.9%
Future return on equity	n/a
Analyst coverage	Good
Last updated	03 Sep 2024

Recent future growth updates

Recent updates

Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Sep 01

Redfin: Trapped In Bad Conditions

Aug 07

Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely

Jul 16

US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results

Feb 29

Redfin: In Need Of A Housing Correction

Feb 23

Redfin Corporation: Not Out Of The Woods Yet

Jan 15

Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Oct 10

Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Aug 09

Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?

May 25

Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)

Apr 28

Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?

Jan 28

Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?

Dec 06

Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%

Nov 11

Hurricane Ian exacerbates housing market slowdown in Southwest Florida

Oct 20

Redfin's Business Model Is Ill Equipped For A Slowdown

Sep 18

Saga Partners - Redfin: Attractive Business Model & Competitive Advantage, Unattractive Results

Aug 30

Redfin: Q2 EPS Looks Really Bad To Me, I See The Rest Of The Year As Worse - Sell

Aug 10

Earnings and Revenue Growth Forecasts

NasdaqGS:RDFN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,262	-86	29	27	8
12/31/2025	1,153	-109	8	3	17
12/31/2024	1,041	-144	-38	-40	17
6/30/2024	1,008	-137	1	14	N/A
3/31/2024	988	-137	-29	-16	N/A
12/31/2023	977	-127	45	57	N/A
9/30/2023	2,165	-203	267	280	N/A
6/30/2023	1,017	-159	182	198	N/A
3/31/2023	1,091	-206	-29	-12	N/A
12/31/2022	1,100	-251	19	40	N/A
9/30/2022	1,521	-253	-60	-36	N/A
6/30/2022	1,755	-227	-282	-256	N/A
3/31/2022	1,877	-182	-201	-172	N/A
12/31/2021	1,059	-98	-329	-302	N/A
9/30/2021	1,524	-76	-429	-404	N/A
6/30/2021	1,221	-23	-183	-161	N/A
3/31/2021	963	-1	37	54	N/A
12/31/2020	886	-23	47	61	N/A
9/30/2020	875	-43	63	77	N/A
6/30/2020	877	-69	33	45	N/A
3/31/2020	861	-74	-120	-104	N/A
12/31/2019	780	-81	-123	-108	N/A
9/30/2019	671	-85	-164	-149	N/A
6/30/2019	572	-89	-168	-154	N/A
3/31/2019	517	-73	-73	-63	N/A
12/31/2018	487	-42	-45	-37	N/A
9/30/2018	459	-32	-33	-26	N/A
6/30/2018	428	-65	-27	-21	N/A
3/31/2018	390	-175	N/A	7	N/A
12/31/2017	370	-191	N/A	5	N/A
9/30/2017	341	-275	N/A	8	N/A
6/30/2017	313	-245	N/A	9	N/A
3/31/2017	285	-125	N/A	-12	N/A
12/31/2016	267	-78	N/A	-9	N/A
12/31/2015	187	-132	N/A	-22	N/A
12/31/2014	125	-126	N/A	-14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RDFN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RDFN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RDFN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RDFN's revenue (9.9% per year) is forecast to grow faster than the US market (8.6% per year).

High Growth Revenue: RDFN's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RDFN's Return on Equity is forecast to be high in 3 years time

Redfin Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.1% to US$7.25

Redfin Corporation Provides Earnings Guidance for the Third Quarter of 2024

Price target increased by 7.2% to US$7.08

Consensus estimates of losses per share improve by 10%

Redfin Corporation Provides Earnings Guidance for the Second Quarter of 2024

Consensus EPS estimates fall by 28%

Recent updates

Price target increased by 7.1% to US$7.25

Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Chief Technology Officer notifies of intention to sell stock

Chief Technology Officer notifies of intention to sell stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Redfin: Trapped In Bad Conditions

Redfin Corporation Provides Earnings Guidance for the Third Quarter of 2024

New minor risk - Share price stability

Redfin Corporation to Report Q2, 2024 Results on Aug 06, 2024

Price target increased by 7.2% to US$7.08

Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely

Chief Human Resources Officer exercised options and sold US$116k worth of stock

Consensus estimates of losses per share improve by 10%

Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Redfin Corporation Provides Earnings Guidance for the Second Quarter of 2024

Redfin Corporation, Annual General Meeting, Jun 06, 2024

Redfin Corporation to Report Q1, 2024 Results on May 07, 2024

Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

President recently bought US$196k worth of stock

Consensus EPS estimates fall by 28%

Redfin: No End In Sight To Market Share Losses

Price target decreased by 8.6% to US$7.10

Redfin Corporation Announces Earnings Guidance for the First Quarter of 2024

US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Chief Human Resources Officer exercised options and sold US$113k worth of stock

Redfin: In Need Of A Housing Correction

Redfin Corporation to Report Q4, 2023 Results on Feb 27, 2024

Redfin Corporation: Not Out Of The Woods Yet

Price target increased by 9.1% to US$7.35

Chief Technology Officer notifies of intention to sell stock

Redfin Launches Ai-Powered Tool to Redesign Listing Photos

Chief Human Resources Officer notifies of intention to sell stock

Chief Growth Officer notifies of intention to sell stock

President exercised options to buy US$1.3m worth of stock.

Third quarter 2023 earnings: EPS exceeds analyst expectations

Redfin Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Price target decreased by 11% to US$8.09

Redfin Corporation to Report Q3, 2023 Results on Nov 02, 2023

Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?

Insufficient new directors

Adam Wiener Leaves Redfin's President of Real Estate Operations, Effective on September 8, 2023

Chief Human Resources Officer exercised options and sold US$214k worth of stock

Chief Technology Officer notifies of intention to sell stock

Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations

Redfin Corporation Provides Earnings Guidance for the Third Quarter of 2023

Redfin Corporation to Report Q2, 2023 Results on Aug 03, 2023

New major risk - Share price stability

President of Real Estate Operations exercised options and sold US$78k worth of stock

Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?

Consensus EPS estimates upgraded to US$1.22 loss

Price target increased by 8.0% to US$8.12

Redfin Corporation Provides Earnings Guidance for the Second Quarter 2023

First quarter 2023 earnings released: US$0.55 loss per share (vs US$0.86 loss in 1Q 2022)

Chief Technology Officer exercised options to buy US$263k worth of stock.

Redfin Launches ChatGPT Plugin to Help People Find Their Next Home

Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)

Now 24% undervalued

Chief Growth Officer notifies of intention to sell stock

Now 20% undervalued

Now 21% undervalued

President recently bought US$305k worth of stock

Redfin Corporation Provides Earnings Guidance for the First Quarter of 2023

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased by 8.6% to US$4.53

Redfin Corporation to Report Q4, 2022 Results on Feb 16, 2023