Cantor Fitzgerald Upgrades Better Home & Finance (NASDAQ:BETR) to “Overweight”

Better Home & Finance (NASDAQ:BETR) was upgraded by equities researchers at Cantor Fitzgerald from a “neutral” rating to an “overweight” rating in a research note issued on Friday, Marketbeat.com reports. The brokerage presently has a $16.00 price objective on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 33.50% from the stock’s current price.

BETR has been the topic of a number of other research reports. Canaccord Genuity Group restated a “buy” rating and issued a $42.00 price objective on shares of Better Home & Finance in a research report on Tuesday, August 4th. Zacks Research raised shares of Better Home & Finance to a “hold” rating in a research note on Wednesday, July 29th. Wall Street Zen lowered shares of Better Home & Finance from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 12th. B. Riley Financial began coverage on shares of Better Home & Finance in a research note on Wednesday, September 9th. They set a “buy” rating on the stock. Finally, CLSA raised shares of Better Home & Finance to a “buy” rating in a research note on Wednesday, September 9th. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.86.

Better Home & Finance Stock Performance

NASDAQ:BETR traded up $0.80 during trading hours on Friday, reaching $11.99. The company’s stock had a trading volume of 633,681 shares, compared to its average volume of 511,861. The firm has a market capitalization of $227.72 million, a price-to-earnings ratio of -1.08 and a beta of 1.73. The firm has a 50-day simple moving average of $14.60 and a 200-day simple moving average of $24.91. Better Home & Finance has a 1 year low of $9.81 and a 1 year high of $92.69.

Better Home & Finance (NASDAQ:BETR) last released its quarterly earnings data on Thursday, August 6th. The company reported ($1.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.41) by ($0.23). Better Home & Finance had a negative net margin of 94.52% and a negative return on equity of 409.62%. The firm had revenue of $54.70 million during the quarter. Equities analysts anticipate that Better Home & Finance will post -7.98 earnings per share for the current fiscal year.

Insider Activity

In related news, General Counsel Paula Tuffin sold 3,108 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $12.36, for a total transaction of $38,414.88. Following the sale, the general counsel owned 40,931 shares of the company’s stock, valued at $505,907.16. The trade was a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Chad Smith sold 3,307 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $12.85, for a total transaction of $42,494.95. Following the sale, the insider directly owned 1,693 shares in the company, valued at $21,755.05. The trade was a 66.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 27.72% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of Better Home & Finance by 1,264.0% in the first quarter. Royal Bank of Canada now owns 2,728 shares of the company’s stock worth $97,000 after buying an additional 2,528 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Better Home & Finance in the first quarter worth approximately $262,000. Stoic Point Capital Management LLC bought a new position in shares of Better Home & Finance in the first quarter worth approximately $467,000. Bank of New York Mellon Corp lifted its stake in shares of Better Home & Finance by 4.1% in the first quarter. Bank of New York Mellon Corp now owns 13,890 shares of the company’s stock worth $495,000 after buying an additional 548 shares in the last quarter. Finally, Alpine Global Management LLC bought a new position in shares of Better Home & Finance in the fourth quarter worth approximately $456,000. Institutional investors own 20.94% of the company’s stock.

Key Headlines Impacting Better Home & Finance

Here are the key news stories impacting Better Home & Finance this week:

• Positive Sentiment: Cantor Fitzgerald upgraded BETR from “Neutral” to “Overweight” and set a $16 price target, implying roughly 35% upside from the recently quoted price of $11.84. The upgrade provides a positive catalyst and suggests the analyst sees potential for improved operating performance or valuation recovery.
• Neutral Sentiment: Former CEO and founder Vishal Garg reportedly secured enough shareholder support to seek control of the board. The potential leadership change could lead to strategic or operational changes, but the outcome remains subject to validation and formal acceptance of the votes. Better Home & Finance Former CEO Wins Support to Regain Control of Board
• Negative Sentiment: Several law firms are promoting or pursuing securities class actions against Better Home & Finance. The complaints generally allege that the company and certain executives misled investors about business prospects, including a previously reaffirmed $1 billion monthly loan-volume target that was later deferred. The alleged disclosure prompted a sharp historical selloff and creates potential legal costs, damages and reputational pressure. A lead-plaintiff deadline is November 20, 2026. BETR Investors Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: The legal claims focus on weaker fundamentals as well as the loan-volume outlook. Recent reports cited a 75% sequential increase in first-quarter 2026 net loss and a 39% year-over-year increase, reinforcing concerns about profitability and execution. The company’s prior quarterly results also showed a sizable EPS loss and negative margins.

About Better Home & Finance

Better Home & Finance Holding Company is a technology-driven homeownership platform that provides digital products and services intended to simplify the process of buying, financing and owning a home. Its platform connects consumers with mortgage lending, real estate and related homeownership services through an online experience.

The company’s primary business is Better Mortgage, which offers residential home loans, including purchase mortgages and refinancing products. Better also operates services focused on real estate transactions and settlement, including Better Real Estate and Better Settlement Services.