Zillow Group (NASDAQ:ZG) Price Target Cut to $65.00 by Analysts at KeyCorp

Zillow Group (NASDAQ:ZG) had its price objective cut by research analysts at KeyCorp from $75.00 to $65.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. KeyCorp’s price objective indicates a potential upside of 46.39% from the stock’s current price.

Several other equities analysts also recently weighed in on ZG. The Goldman Sachs Group set a $53.00 target price on Zillow Group in a research report on Thursday. Piper Sandler lowered their price objective on shares of Zillow Group from $70.00 to $55.00 and set an “overweight” rating for the company in a research note on Thursday. Barclays dropped their price objective on shares of Zillow Group from $66.00 to $58.00 and set an “equal weight” rating for the company in a report on Monday, April 27th. Canaccord Genuity Group set a $52.00 target price on shares of Zillow Group in a research note on Thursday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $73.45.

Zillow Group Trading Down 1.0%

Zillow Group stock traded down $0.43 during trading on Thursday, hitting $44.40. The company had a trading volume of 367,423 shares, compared to its average volume of 1,075,294. Zillow Group has a 1-year low of $39.14 and a 1-year high of $90.22. The company’s 50 day simple moving average is $43.69 and its 200-day simple moving average is $58.04. The stock has a market cap of $10.65 billion, a price-to-earnings ratio of 492.82, a price-to-earnings-growth ratio of 2.15 and a beta of 2.04.

Zillow Group (NASDAQ:ZG) last issued its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The firm had revenue of $654.00 million during the quarter, compared to analyst estimates of $650.40 million. Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. During the same period in the previous year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. As a group, analysts forecast that Zillow Group will post 0.82 earnings per share for the current fiscal year.

Insider Activity at Zillow Group

In related news, insider Dan Spaulding sold 5,361 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $43.95, for a total transaction of $235,615.95. Following the completion of the transaction, the insider owned 41,080 shares in the company, valued at approximately $1,805,466. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jeremy Hofmann sold 7,786 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $43.73, for a total value of $340,481.78. Following the completion of the transaction, the chief financial officer directly owned 57,487 shares in the company, valued at $2,513,906.51. This trade represents a 11.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 60,801 shares of company stock worth $2,683,986 over the last ninety days. 29.88% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Arax Advisory Partners increased its holdings in shares of Zillow Group by 402.3% in the 4th quarter. Arax Advisory Partners now owns 442 shares of the technology company’s stock valued at $30,000 after acquiring an additional 354 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Zillow Group by 78.9% during the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock worth $33,000 after purchasing an additional 187 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in Zillow Group in the fourth quarter valued at approximately $34,000. Fifth Third Bancorp boosted its holdings in Zillow Group by 990.3% in the first quarter. Fifth Third Bancorp now owns 1,014 shares of the technology company’s stock valued at $42,000 after purchasing an additional 921 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in Zillow Group in the fourth quarter valued at approximately $47,000. 20.32% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Positive Sentiment: Q1 adjusted earnings beat a consensus target — Zacks reports Zillow posted $0.53 EPS vs. a $0.43 Zacks estimate, signaling stronger profitability than some models expected. Zacks: Earnings Surpass Estimates
• Positive Sentiment: Business mix expansion noted by coverage — outlets (Barron’s) highlight Zillow topping estimates while integrating rentals, search and mortgage businesses, which supports revenue diversification and longer‑term growth potential. Barron’s: Zillow Tops Earnings
• Neutral Sentiment: Official Q1 report: revenue up ~18% YoY to ≈$708M and a reported profit (~$46M), roughly in line with revenue expectations but mixed on traffic and margins. Investors weigh top‑line growth against user engagement trends. PR Newswire: Q1 Results
• Neutral Sentiment: Q2 guidance was provided with revenue guidance of $750M–$765M versus a consensus ~ $760.3M — a range that overlaps estimates but leaves little upside, so market reaction depends on whether investors see conservatism or caution in the midpoint.
• Neutral Sentiment: Earnings call details are available for deeper color on user trends, monetization and margin drivers — analysts will parse the transcript for forward commentary. Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: Mizuho cut its price target from $65 to $53 and set a “neutral” rating — a downgrade that can pressure the stock by reducing analyst‑driven upside expectations. Benzinga: Mizuho Price Target Cut
• Negative Sentiment: Rosen Law Firm announced a securities‑class‑action investigation into Zillow — introduces legal risk and potential headline volatility for shareholders. PR Newswire: Law Firm Investigation

About Zillow Group

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.