Redfin Corp Stock Falls After Q4 Loss Widens, Retail Wants To Buy The Dip

For the first quarter, the company projected revenue between $214 million and $225 million, while analysts, on average, expect it to post $243.7 million in revenue.
 A Redfin real estate yard sign is pictured in front of a house for sale on October 31, 2017 in Seattle, Washington. (Photo by Stephen Brashear/Getty Images for Redfin)
A Redfin real estate yard sign is pictured in front of a house for sale on October 31, 2017 in Seattle, Washington. (Photo by Stephen Brashear/Getty Images for Redfin)
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Sourasis Bose·Stocktwits
Updated Jul 02, 2025   |   8:31 PM GMT-04
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Redfin Corp (RDFN) stock fell 10.9% in after-market trading on Thursday after it posted a wider fourth-quarter net loss.

The real estate brokerage firm reported a net loss of $36.7 million, or $0.29 per share, for the fourth quarter, compared to a loss of $23.1 million, or $0.20 per share in the year-ago quarters.

Redfin said its earnings were hurt by higher-than-expected one-time transition costs associated with Redfin Next, which pays its agents entirely on commissions.

The company’s fourth-quarter revenue rose 12% to $244.3 million compared to the year-ago quarter. Analysts, on average, were expecting to post $242.5 million in revenue.

Redfin said its lead-agent census has increased from an average of 1,757 in the third quarter to more than 2,200 currently.

For the first quarter, the company projected revenue between $214 million and $225 million, while analysts, on average, expect it to post $243.7 million in revenue, according to FinChat data.

Redfin also forecasted first quarter total net loss to be between $94 million and $83 million.

“Demand increased after the November election, but interest rates seem likely to remain
high, making it hard for the homebuyers turning out now to afford a home,” CEO Glenn Kelman said.

The company said its rental partnership with Zillow, signed in February, would double the number of high-quality apartment listings on its websites, enabling it to compete better for user traffic.

Redfin said that the $100-million payment it received from the partnership would bolster its balance sheet, and partly fund a 38% increase in 2025 advertising.

“Due to the increased profits from this rentals partnership, and a January layoff of senior Redfin personnel, we can invest more in growth and still earn a significant adjusted-EBITDA profit in 2025,” Kelman added.

Retail sentiment on Stocktwits remained in the ‘extremely bullish’ (78/100) territory while retail chatter jumped to ‘extremely high.’

RDFN’s Sentiment Meter and Message Volume as of 02:25 a.m. ET on Feb. 28, 2025 | Source: Stocktwits
RDFN’s Sentiment Meter and Message Volume as of 02:25 a.m. ET on Feb. 28, 2025 | Source: Stocktwits

One retail user desired to buy 3,000 shares of the company if it dipped further.

Over the past year, Redfin stock has gained 10.4%.

Also See: Archer Aviation Stock Sinks On Wider Q4 Loss, But Retail Confidence Stays Airborne

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