Technical traders eye Redfin stock forecast with cautious signals; the 50-day moving average has crossed above the 200-day line in pre-July trading, a classic bullish indicator. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. On July 1, 2025, Redfin completed a merger with Rocket, becoming a wholly owned subsidiary. As part of this merger, Redfinâs convertible senior notes due in 2025 and 2027 became convertible into Rocketâs Class A common stock. The merger also led to the issuance of Rocketâs senior notes, which are guaranteed by Rocket Mortgage and its subsidiaries, and will be further guaranteed by Mr. Cooper and its subsidiaries upon the completion of Rocketâs acquisition of Mr. Cooper Group Inc. Additionally, Redfinâs shares were delisted from Nasdaq, and its reporting obligations under the Securities Exchange Act were suspended. According to the latest market data, Redfin stock forecast points to a possible near-term breakout if home price growth stabilizes. Analyst consensus currently rates RDFN as “Hold,” with target prices ranging $8.50–$10.00 over the next 6 months.
