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Hedge fund manager Eric Jackson doubled down this week on his ultra-bullish call for Better Home & Finance Holding Co. (NASDAQ:BETR), framing the mortgage platform as an AI company masquerading as a lender — and likening its trajectory to what he says made Palantir Technologies Inc. (NASDAQ:PLTR) a breakout winner.
In a post on X by Jon Erlichman, Jackson said Better has rebuilt its business around two core technologies:
He argues that the platform allows Better to originate at far lower costs than its peers while improving speed, pricing, and accuracy.
Jackson said the market still views Better as a money-losing mortgage lender trapped in a dead housing cycle, but argued that it has actually evolved into an AI operating system for housing finance, following a similar playbook to Palantir in a different industry.
Jackson first made waves in mid-2025 by predicting a 15,978% upside in Opendoor Technologies Inc. (NASDAQ:OPEN), when the iBuying platform was near its 52-week lows.
The call was widely mocked at the time. But in the past six months, OpenDoor has rallied roughly 1,492%, driven by renewed housing activity, retail investor enthusiasm and improving unit economics — earning Jackson the informal title of “meme stock god” among parts of retail trading communities.
Building on that track record, Jackson is now applying a similar framework to Better.
In a video post, he said Better’s revenue is beginning to show early signs of an S-curve, citing 51% year-over-year growth, flat operating expenses and rapidly scaling AI-driven automation.
He argued that as mortgage and refinancing volumes recover heading into 2026, Better’s cost advantage and technology stack could trigger significant operating leverage.
Better shares closed Friday at $45.05, up 1.81% on the day.
Jackson said he expects a “full re-rating” over the next 12 to 18 months, reiterating that Better is his top stock pick for 2026, based on its AI transformation and long-term platform potential.
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