Better Home & Finance Holding Company BETR

10.45 (0.39) (3.60%) as of 25 Sep
Market cap
$206.1M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 10.68
Total sells 3.24
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 1 — — 7 8 7 1 — — —
Sell 1 — 2 3 4 1 — 1 — — 1 1
Insider Ownership 65.48%

Capital & Financial Ratios

Market Cap 206.08
Revenue 237.62
Net Income (168.35)
Free Cash Flow (165.79)
Net Debt (111.88)
Current Ratio 0.91
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.82
P/B ratio 3.37
Past 5Y EPS Growth (421.19%)
This Y EPS Growth 29.51%
Next Y EPS Growth 76.31%
Next 5Y EPS Growth 85.13%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 554 289 220 112
Receivables — — — —
Inventory — — — —
Other — — — —
745 818 1,425 641
2023 2024 2025 Q'26
Payables 78 182 838 50
ST’ Debt — — — —
Other — — — —
719 946 1,448 703
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — (19.29%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 494.67% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 53 61 — — —
’25 36 48 56 67 208
’24 27 37 34 32 130
’23 24 39 20 22 104
’22 2 4 31 (207) 395
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (125) 23 — — —
’25 (57) (56) 4 (57) (167)
’24 (43) (221) (11) (106) (380)
’23 (163) 21 63 (80) (160)
’22 0 0 979 (980) 938
’21 0 (2) 0 (1) (3)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (128) 21 — — —
’25 (60) (59) 1 (60) (178)
’24 (44) (224) (14) (106) (387)
’23 (166) 18 60 (81) (169)
’22 0 0 953 (984) 908
’21 0 (2) 0 (1) (3)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (4.29) (1.64) — — —
’25 (3.33) (2.39) (2.56) (2.53) (10.80)
’24 (3.50) (2.50) (3.58) (3.91) (13.65)
’23 (14.73) (7.38) (34.00) (0.35) (58.00)
’22 4.83 8.55 (38.72) 33.04 (150.54)
’21 (15.50) (28.50) (1.00) 18.10 (26.27)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 481.00 489.00 17.05 8.79 7.71

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 555.50 504.50 3,145.50 41.90 94.06
High Price
— — — — — 3 3 820 1,250 1,329
Employees
— — — — — 1 132 0 0 0
Revenue/Emp
— — — — — 2 395 104 130 208
Revenue
— — — — — 100.00% 95.68% 69.60% 83.47% 79.37%
Gross Margin
— — — — 0 (7) (876) (534) (205) (166)
EBT
— — — — 0.00% (409.73%) (221.72%) (514.18%) (158.06%) (79.83%)
EBT Margin
— 0 — — 0 (5) (877) (536) (206) (166)
Net Income
— — — — 0 0 322 51 39 14
Depreciation
— — — — 0.00 8.31 67.81 11.26 8.60 13.52
Revenue/Sh
— — — — 0.00 (26.27) (150.54) (58.00) (13.65) (10.80)
Earnings/Sh
— — — — 0.00 (16.91) 161.05 (17.30) (25.14) (10.85)
Cash Flow/Sh
— — — — 0.00 0.00 (5.28) (0.98) (0.47) (0.73)
Capex/Sh
— — — — 0.00 (16.91) 155.77 (18.27) (25.62) (11.58)
Free CF/Sh
— — — — 0.00 37.26 (28.82) 13.28 (3.85) 2.42
Book Value/Sh
— — — — 55 0 6 9 15 15
Shares
— — — — — 0.00 65.52 0.00 0.00 0.00
PE Ratio
— — — — — 59.60 0.00 3.50 1.04 2.41
PS Ratio
— — — — — 16.60 0.00 2.97 0.00 13.46
PB Ratio
— — — — — 59.58 1.42 (1.83) (1.19) 1.98
EV/Sales
— — — — — (29.26) 28.86 1.13 0.40 (2.32)
EV/FCF
— — — — 0 (3) 938 (160) (380) (167)
Op' Cash Flow
— — — — 0 0 (31) (9) (7) (11)
Capex
— — — — 0 (3) 908 (169) (387) (178)
FCF
— — — — 0 (7) (509) 26 (129) (23)
Working Cap'
— — — — — 1 346 157 — —
Total Debt
— — — — — 0 (346) (554) (289) (220)
Net Debt
— — — — 0 7 (168) 123 (58) 37
Sh' Equity
— — — — (7.10%) (4.67%) (128.75%) (53.94%) (22.69%) (13.72%)
ROA
— — — — 0.00% (57.39%) 0.00% 0.00% 0.00% 0.00%
ROIC
— — — — (0.55%) (228.10%) 293.11% 222.77% (640.36%) 1,580.70%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Better Home & Finance Holding Company peers in Mortgage Finance

All 14 Mortgage Finance stocks →

Better Home & Finance Holding Company (BETR) key facts

  • Better Home & Finance Holding Company (BETR) is a Mortgage Finance company in the Financial sector, listed on Nasdaq.
  • Better Home & Finance Holding Company’s revenue for fiscal 2025 (year ended December 2025) was $207.7 million, up 59.8% from fiscal 2024.
  • As of September 25, 2026, BETR traded at $10.45, a market capitalization of $206.1 million.
  • Return on equity was 1,580.7% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Better Home & Finance Holding Company (BETR) Latest News

News by impact score

Fine-tune

24 Sep

4

Vishal Garg, founder and significant shareholder, has launched a consent solicitation to remove five sitting Better Home & Finance directors: interim CEO Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan. Garg says the company is disseminating misleading statements about support for his campaign and claims consents representing more than 46% of voting power have been secured. Better has not issued corrective disclosures despite evidence presented by Garg’s proxy solicitor. Garg urges shareholders to sign the GREEN consent card in favor of his proposals, and promotes independent candidates Bing Gordon, David Heidecorn and Steve Sarracino, though their appointments would require board approval. The push centers on governance accountability and value creation, signaling a potential governance shake-up that could influence future strategy and shareholder sentiment. Activist consent solicitation with substantial voting support suggests potential governance changes and strategic realignment that could materially affect shareholder value and sentiment.

3

Better Home & Finance Holding Company said its board formed a special committee that opened an inquiry into allegations involving former CEO Vishal Garg tied to a proxy contest. An independent counsel representing a former employee alleges Garg offered company assets and property to former employees to win support for replacing board members. The company says the allegations have not been proven and could, if substantiated, raise questions about Garg’s fiduciary duties, including restrictions on offering assets for written consents in a proxy contest. The Special Committee notes the issues have affected its ability to maximize asset values and recommends shareholders sign a white consent revocation card and revoke prior green cards. A definitive consent revocation statement was filed Aug 28, 2026; the investigation is ongoing with no finding of breach reported. Ongoing governance probe amid proxy contest could influence sentiment and fiduciary risk without proven misconduct.

23 Sep

4

Better Home & Finance Holding Company’s Special Committee opened an investigation into credible allegations that director and former CEO Vishal Garg sought to exchange company assets and interests with former employees who are shareholders in exchange for written consents to his proxy to replace the Board. If true, the conduct could breach fiduciary duties and has already affected the company’s ability to maximize the value of certain assets and claims. The Special Committee unanimously urges shareholders to sign the WHITE consent revocation card and disregard Garg’s GREEN card; those who signed GREEN may revoke by returning the WHITE card. The release notes Garg’s proxy solicitation, the company’s August 28, 2026 consent revocation filing, and provides proxy-solicitation contact information for questions. A governance-risk scenario driven by fiduciary-duty allegations and a proxy contest could materially affect investor sentiment and leadership stability.

3

New York, September 23, 2026 — Better Home & Finance Holding Company said its Special Committee rebutted former CEO Vishal Garg’s latest claims in his consent solicitation. Garg has touted purported shareholder support, claiming about 46% voting power; the committee says data from banks and brokers custody show far less, with most support from Garg’s super-voting shares and a small circle of allies. He previously claimed more than 50% of the vote, a claim the committee says was false. Garg missed multiple deadlines to provide written consents. He has publicized the campaign through press releases and other channels; shareholders apparently do not back him. The committee urges investors to sign the WHITE consent revocation card and revoke any green cards. BETR notes it has provided share-ownership lists to Garg’s counsel. BETR also highlights Tinman AI platform and Betsy AI loan agent as core businesses. Forward-looking statements disclaimer. Ongoing proxy contest and governance risk could sway investor sentiment in the near term, though Garg's support appears limited.

22 Sep

4

Garg Group led by Vishal Garg condemns Better Home & Finance’s statements and tactics to block a shareholder upgrade of the board, accusing interim CEO Daniel Lewis and other directors of a smear campaign and misrepresentation. The release claims the board has refused to provide a list of shareholders who consent to public communications, hindering direct outreach as it cites a roughly 55% drop in BETR's stock price since Garg's departure. In two weeks, the group says it has secured consents representing more than 46% of voting power and disputes securities-law violations. Garg Group is nominating independent candidates, including Bing Gordon, David Heidecorn and Steve Sarracino, to restore accountability, with Green consent cards urged to be signed and returned. Three candidate names are offered as potential directors if the solicitation succeeds, but appointments require majority board approval. The statement notes the solicitation is filed with the SEC. Proxy contest to remove five directors signals governance upheaval and potential strategic shift, with material potential to affect investor sentiment and BETR's future trajectory.

21 Sep

4

Vishal Garg and the Garg Group disclosed that holders controlling over 46% of Better Home & Finance's voting power have already submitted written consents in favor of their solicitation to remove five directors: Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan. With a target date of October 2, 2026, the group says momentum is building toward achieving a majority to replace the board and reconstitute it with independent leaders such as Bing Gordon, David Heidecorn and Steve Sarracino. Shareholders are urged to sign the GREEN consent card. The group notes the consent would not automatically appoint nominees; any director appointments would require majority approval of the board at the time. The release cites independent voices, including Egan-Jones, and directs readers to betrvote.com for more information; a definitive consent solicitation statement has been filed with the SEC. Over 46% of voting power has already supported the solicitation, signaling potential governance change and a reconstituted board.

18 Sep

3

BETR faces calls to strengthen corporate governance to address oversight weaknesses and restore investor confidence in operations and strategy. Governance shortfalls can pressure investor sentiment and valuation but rarely shift core business trajectory alone.

3

Garg Group announces slate of results-oriented, shareholder-aligned director candidates at Better Home & Finance Holding Company (BETR). Director nominations by Garg Group may influence BETR board composition and strategy.

16 Sep

3

Egan-Jones recommends BETR shareholders vote FOR the Garg Group's proposals on the GREEN consent card. Proxy recommendations influence voting outcomes that may affect board composition or strategy.

14 Sep

4

Garg Group files consent materials urging Better shareholders to vote out board members after share price and market cap collapse under new leadership. Board ouster attempt signals governance conflict likely to trigger leadership change and shift company direction.

8 Sep

3

Better Home & Finance Holding Company announced that ISS recommends shareholders oppose Vishal Garg’s campaign to remove a majority of the board. Governance dispute and proxy recommendation create moderate uncertainty around board stability and investor sentiment.

4 Sep

3

Garg Group confirms Better stockholders can vote shares in its consent solicitation with confidence and certainty. Consent solicitation confirmation opens path to governance shifts at Better.

3 Sep

4

Better Home & Finance Holding Company CEO Vishal Garg announced a 90-day plan to restore growth, profitability and shareholder value. CEO announcement of 90-day restoration plan constitutes major strategic move with potential to significantly alter company trajectory.

31 Aug

4

Better Home & Finance Holding Company publishes presentation urging shareholders to support leadership changes and reject Vishal Garg's campaign to seize control. Potential leadership change and control contest may substantially shift company strategy and investor sentiment.

4

Independent proxy analysis flags substantial risks in Vishal Garg's campaign to seize control of Better Home & Finance Holding Company board of directors. Board control contest can trigger leadership overhaul, strategic shifts and sharp swings in investor sentiment.

28 Aug

4

Special committee at Better Home & Finance urges shareholders to reject former CEO Vishal Garg's campaign to seize control of the company. Control battle with ex-CEO risks major shifts in leadership, strategy and investor sentiment.

3

Better Home & Finance Holding Company urges shareholders to reject ex-CEO Garg's board campaign. Ex-CEO board campaign introduces leadership contest that may shift strategy and investor views.

25 Aug

4

Better Home & Finance Holding Company founder Vishal Garg files court response citing board contradictions and shareholder value losses. Founder board dispute and legal filing signals governance instability with potential to shift company direction and investor sentiment.

24 Aug

3

Better Home & Finance Holding Company's special committee issued a statement addressing leadership and operating progress. Leadership and operating updates may moderately affect financial performance and market positioning.

20 Aug

4

Vishal Garg offers to work for $1 a year to reclaim Better Home & Finance Holding Company after $1.5 billion in losses, following his prior firing of 900 employees on Zoom. Potential CEO reclamation after massive losses points to major leadership shift likely to alter company trajectory and sentiment.

18 Aug

3

Better Home & Finance Holding Company sues former CEO Vishal Garg for blatant misrepresentations and federal securities law violations to protect shareholders. Lawsuit against ex-CEO over securities violations creates legal and reputational risks that may shift short-term investor sentiment without changing core operations.

17 Aug

3

Better Home & Finance Holding Company publicly demands former CEO Vishal Garg end his disruptive campaign to allow company progress. Former CEO disputes introduce operational uncertainty without fundamentally shifting company trajectory.

14 Aug

4

BETR founder battles to preserve the mortgage company amid ongoing financial and operational struggles threatening its viability. Founder's direct fight signals major strategic survival efforts likely to reshape company trajectory and investor views.

4

Better Home & Finance Holding Company responds to terminated CEO Vishal Garg's latest attempt to gain control of the company. Leadership power struggle with ex-CEO creates material governance risk and potential market volatility for BETR.

13 Aug

4

Vishal Garg retains Alex Spiro and secures majority shareholder support to regain control of Better Home & Finance Holding Company he founded. Founder regaining control with shareholder backing signals major strategic shift and altered market trajectory.

8 Aug

4

Better Home & Finance Holding Company shares drop 34.2% after CEO exit and new Credit Karma deal. CEO departure plus new partnership triggers sharp stock decline signaling major shift in company direction and investor view.

6 Aug

3 transcript

Better Home & Finance Holding Company (BETR) released Q2 earnings call highlights covering financial results, operational updates and company outlook. Q2 earnings highlights provide routine financial updates with limited expected long-term effects on company trajectory.

3

Better Home & Finance Holding Company announced its second quarter 2026 financial results. Quarterly results provide data on financial performance that can shift investor views on operations and trajectory.

5 Aug

3

Better Home & Finance Holding resets leadership while investors revisit the bull case. Leadership reset may moderately shift strategy and investor sentiment at BETR.

3 Aug

3

Better Home & Finance Holding Company appoints Daniel Lewis as interim chief executive officer. Interim CEO appointment signals leadership transition with potential effects on strategy and investor sentiment.

stockrow.com/BETR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com