London, Jan 11, 2026, 08:30 GMT — The market has closed.
- Rightmove shares climbed 1.5% on Friday to close at 515.6 pence.
- No new company updates have come since early January; attention now turns to UK data and key events slated for February.
- With AI spending on the rise, investors are focused on inflation, interest rates, and Rightmove’s profit margins.
Rightmove (RMV.L) shares closed Friday 1.5% higher at 515.6 pence, recovering from an intraday low of 498.4 pence. Over the last 12 months, the stock has fluctuated between 474.5 pence and 827.0 pence, per market data. (Shareprices)
London markets were closed on Sunday, pushing traders to focus on upcoming events, with Rightmove’s full-year results set for Feb. 27 taking center stage. (Rightmove Plc)
Rightmove hasn’t issued any fresh regulatory updates since its Jan. 2 report on total voting rights, so the stock’s direction is largely driven by market positioning and broader macro trends. (Investegate)
Rightmove generates the bulk of its revenue by charging estate agents and homebuilders to list properties on its site. Investors often zero in on membership numbers and ARPA — average revenue per advertiser — to gauge the company’s pricing strength. (Reuters)
The company warned back in November that increased spending—largely on artificial intelligence—would drag profit growth in 2026, despite aiming for 8%-10% revenue growth. (Reuters)
RBC’s Anthony Codling weighed in at the time, calling the underlying business “solid” and warning the market might be overreacting to the initial news, despite management flagging margin pressure from the buildout. (Financial Times)
The housing market remains patchy. Savills pointed to Nationwide’s figures, which showed a 0.4% drop in house prices in December. The north saw firmer activity, while some parts of the south lagged behind. (Savills)
The next UK data set likely to shift rate expectations—and with it, housing sentiment—arrives on Jan. 21. That’s when the Office for National Statistics will release December inflation figures along with its “private rent and house prices” report. (Office for National Statistics)
Rightmove’s outlook hinges on rate expectations since mortgage expenses directly influence buyer demand and sales activity. The Bank of England will make its initial policy call for 2026 on Feb. 5. (Bank of England)
Still, a slower pace for rate cuts remains on the table. The UK parliament’s Commons Library pointed out that the next MPC meeting is set for Feb. 5 and highlighted the string of cuts expected from 2024 onward — a prompt that policy bets can quickly change if inflation refuses to ease. (House of Commons Library)
Rightmove’s results on Feb. 27 will be the next major catalyst. Investors will focus on shifts in advertiser numbers, ARPA trends, and the pace at which increased tech spending impacts earnings.
