Fri, 07 Nov 2025

Fri, 07 Nov 2025 Rightmove shares plummet over AI investment plans

Shares in the property website sink after it cuts profit forecasts to step up investment in AI.
Rightmove's shares dropped by as much as 28% on Friday after it announced plans to invest £60m in artificial intelligence (AI) over the next three years. The company expects AI to become "absolutely central" to its operations and future growth, but investors were skeptical about the scale of investment. Rightmove cut its profit forecast for 2026, predicting a lower operating profit growth rate than expected. The company aims to boost annual revenue growth to over 10% by 2030, but the investment in AI is seen as a risk that may not pay off immediately.
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