Roth Capital Reaffirms Buy Rating on Better Home & Finance
Roth Capital continues its positive outlook on Better Home & Finance with a $35 price target.
Key Points
- Roth Capital reiterated a buy rating for Better Home & Finance (BETR) with a $35 price target on June 15, 2026.
- Shares of BETR are trading around $26.51 with a market cap of approximately $544 million and a forward P/E of 27.54.
- Insider activity shows recent purchases by Hugh Frater and others, while peers like BlackRock increased their holdings.
Roth Capital has reiterated its buy rating on Better Home & Finance Holding Company (NasdaqGM: BETR), maintaining a price target of $35. Analyst Rohit Kulkarni reaffirmed this stance on June 15, 2026, expressing continued confidence in the company's prospects.
Other Institutional Activity in Better Home & Finance
Frontier Capital Management Co. LLC reduced its stake by 83,888 shares, leaving it with 793,934 shares valued at about $28.3 million. Meanwhile, BlackRock, Inc. increased its holdings by 22,284 shares to a total of 486,099 shares, worth around $17.3 million. UBS Group AG made a significant move, boosting its position by 219,553 shares to 301,962 shares, valued at approximately $10.8 million. Vanguard Capital Management LLC established a new position with 387,330 shares, valued at roughly $13.8 million.
Better Home & Finance Stock Snapshot
Shares of Better Home & Finance are currently trading near $26.51. The company has a market cap of about $544 million and a forward P/E of 27.54. Its beta is 1.712, indicating higher volatility compared to the market. Over the past year, the stock has ranged from a low of $11.90 to a high of $94.06. The 50-day moving average is $33.27, while the 200-day moving average is $39.82. The company's current ratio stands at 0.522, and its quick ratio is 0.49, with a high debt-to-equity ratio of 8358.99.
Recent Earnings
Better Home & Finance reported revenues of $181.04 million, reflecting a growth rate of 51.6%. However, the company is not yet profitable, with a net margin of -102.53%. The next earnings release is anticipated on August 6, 2026.
Insider Buying and Selling at Better Home & Finance Holding Company
Recent insider activity includes purchases by Hugh Frater, who bought 5,150 shares at an average price of $24.34 on June 11, 2026. On June 9, 2026, Prabhu Narasimhan, Arnaud Massenet, and Hugh Frater also made smaller purchases. Meanwhile, Michael Farello and Bhaskar Menon sold shares on the same day.
Analysts Set New Price Targets
On June 15, 2026, Roth Capital reiterated its buy rating with a $35 price target for Better Home & Finance. Previously, Needham initiated coverage with a buy rating and a $53 target on May 4, 2026, while Cantor Fitzgerald set a $40 target with a buy rating on January 27, 2026. The consensus target price is $46.50, based on two analyst opinions.
About Better Home & Finance Holding Company
Better Home & Finance Holding Company, headquartered in New York City, operates in the financial services sector, focusing on mortgage finance. The company offers a variety of loans, including those insured by the Federal Housing Administration and guaranteed by the Department of Veterans Affairs. It also provides real estate agent services, title insurance, and homeowners insurance. With a workforce of 1,329 employees, the company is led by CEO Vishal Garg. It has formed a strategic partnership with Coinbase Global, Inc. to develop token-backed mortgage products.
Bottom Line
Roth Capital's reaffirmation of a buy rating for Better Home & Finance highlights ongoing confidence in the company's future. While the stock is currently trading at $26.51, below its target, the reiterated rating suggests potential upside. Investors should note that analyst ratings are forward-looking and based on projections that may change.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
