Needham & Company LLC Cuts Better Home & Finance (NASDAQ:BETR) Price Target to $35.00

Posted by Brian Himes on Jul 27th, 2026

Better Home & Finance (NASDAQ:BETR – Free Report) had its price target reduced by Needham & Company LLC from $53.00 to $35.00 in a research report released on Friday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts have also recently commented on the stock. BTIG Research began coverage on shares of Better Home & Finance in a research note on Tuesday, June 16th. They set a “buy” rating and a $36.00 price target for the company. Wall Street Zen raised shares of Better Home & Finance from a “strong sell” rating to a “sell” rating in a research report on Monday, July 20th. Canaccord Genuity Group started coverage on shares of Better Home & Finance in a research note on Thursday, June 18th. They issued a “buy” rating and a $42.00 price objective for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Better Home & Finance in a research report on Friday, July 17th. Finally, Northland Securities raised Better Home & Finance from a “market perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research note on Thursday, July 9th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.33.

Read Our Latest Report on BETR

Better Home & Finance Price Performance

BETR stock opened at $21.81 on Friday. Better Home & Finance has a twelve month low of $12.57 and a twelve month high of $94.06. The stock has a market capitalization of $411.55 million, a price-to-earnings ratio of -1.85 and a beta of 1.71. The firm’s fifty day simple moving average is $26.03 and its two-hundred day simple moving average is $31.07.

Insider Activity at Better Home & Finance

In other news, COO Chad M. Smith sold 2,455 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $30.16, for a total transaction of $74,042.80. Following the completion of the sale, the chief operating officer directly owned 21,061 shares of the company’s stock, valued at approximately $635,199.76. The trade was a 10.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hugh R. Frater purchased 5,150 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was bought at an average price of $24.34 per share, for a total transaction of $125,351.00. Following the completion of the acquisition, the director owned 6,326 shares of the company’s stock, valued at approximately $153,974.84. The trade was a 437.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 51,433 shares of company stock valued at $1,334,148 over the last ninety days. Company insiders own 27.72% of the company’s stock.

Hedge Funds Weigh In On Better Home & Finance

A number of hedge funds have recently added to or reduced their stakes in BETR. Jump Financial LLC purchased a new position in shares of Better Home & Finance during the fourth quarter worth approximately $2,457,000. Goldman Sachs Group Inc. boosted its holdings in shares of Better Home & Finance by 1,465.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 73,685 shares of the company’s stock valued at $2,401,000 after purchasing an additional 68,977 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Better Home & Finance by 90.6% in the second quarter. Geode Capital Management LLC now owns 129,881 shares of the company’s stock valued at $1,609,000 after purchasing an additional 61,740 shares during the period. Comerica Bank bought a new position in Better Home & Finance in the fourth quarter worth approximately $1,819,000. Finally, Marshall Wace LLP grew its stake in Better Home & Finance by 151.6% in the second quarter. Marshall Wace LLP now owns 89,804 shares of the company’s stock worth $1,113,000 after purchasing an additional 54,113 shares in the last quarter. 20.94% of the stock is currently owned by institutional investors.

About Better Home & Finance

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Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner’s insurance services. The company was founded in 2014 and is headquartered in New York, NY.