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US08774B5084
A40L86

Better Home & Finance

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Forecast

The analysts' average price target is €22.61 (+86.55%). The median is €21.58 (+78.05%).

Buy
  3
Hold
  2
Sell
  0

  • Better Home & Finance rejects takeover attempt by former CEO Vishal Garg

    The board of Better Home & Finance is urging shareholders to reject Vishal Garg’s solicitation for proxies to remove five of eight directors. A special committee calls Garg unfit, citing net losses of more than $2 billion, a market value decline of over 90%, and significantly missed revenue and lending targets. The company expects an adjusted EBITDA loss of $15 to $18 million for Q3 and accuses Garg of breaking multiple performance commitments. Better Home & Finance has sued Garg and adopted a shareholder rights plan; Daniel Lewis is interim CEO, and five named members would be affected by the proposed removals. » More on de.investing.com


  • Better Home & Finance sues founder Vishal Garg, alleging scheme to regain control

    Better Home & Finance sued founder Vishal Garg in federal court, accusing him of cultivating shareholder coalitions and making misleading public statements to reinstall himself as CEO in violation of federal securities laws. The complaint says the board removed Garg after massive losses and a more than 90% share-price decline, and alleges he solicited support via press releases, texts, social posts and an interview without filing required SEC proxy statements. The company asked the court to void any shareholder approvals Garg collected and to bar him from soliciting support for at least 30 days. The filing also cites Garg’s controversial past conduct, including mass layoffs and derogatory remarks toward employees. » More on forbes.com


  • Better Home & Finance: board unanimously removes CEO Vishal Garg

    The board of directors of Better Home & Finance has unanimously voted to remove CEO Vishal Garg, citing concerns about his judgment, temperament and credibility. Since 2022 the company has recorded cumulative GAAP net losses of more than $1.5 billion and the stock has fallen by over 90% under Garg’s leadership. Garg refused to sign certification letters for a 10-Q filing and subsequently demanded the resignations of five directors; the board is also investigating indications of possible violations of U.S. securities laws. Better Home & Finance says it will continue to act in shareholders’ interests; the company has a financed loan portfolio of more than $110 billion. » More on de.investing.com

Financials

In the last quarter, Better Home & Finance had revenue of €53.37M and net profit of -€26.81M
(EUR) Jun 2026
YoY
Revenue 53.37M 22.56%
Gross profit 45.12M 436.51%
Net profit -26.81M 12.89%
EBITDA -19.47M 1.69%

Fundamentals

Metric Value
Market capitalization
€187.31M
Number of shares
15.67M
52-week high/low
€81.18 - €9.59
Dividends No
Beta
1.77
P/E ratio
-1.26
PEG ratio
-0.08
P/B ratio
4.46
P/S ratio
1.03

Company profile

Die Better Home & Finance Holding Company ist in den Vereinigten Staaten als Wohneigentumsgesellschaft tätig. Das Unternehmen bietet GSE-konforme Darlehen, von der US Federal Housing Administration versicherte Darlehen, vom US Department of Veterans Affairs garantierte Darlehen und Jumbo-Darlehen für GSEs, Banken, Versicherungsgesellschaften, Vermögensverwalter und Hypotheken-Immobilien-Investment Trusts. Darüber hinaus bietet das Unternehmen Dienstleistungen für Immobilienmakler, Rechtsschutz- und Abwicklungsdienste sowie Hausbesitzer-Versicherungsdienste an. Das Unternehmen war früher als Better Mortgage Corporation bekannt und änderte seinen Namen im August 2023 in Better Home & Finance Holding Company. Die Better Home & Finance Holding Company hat ihren Hauptsitz in New York, New York.

Name
Better Home & Finance
CEO
Daniel Seth Lewis
Website
IPO
04/30/2021
Employees 1,329
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