Zillow Group (NASDAQ:ZG) Price Target Lowered to $80.00 at Benchmark

Zillow Group (NASDAQ:ZG) had its price target lowered by research analysts at Benchmark from $110.00 to $80.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Benchmark’s price objective suggests a potential upside of 148.92% from the stock’s previous close.

Several other research firms also recently issued reports on ZG. Weiss Ratings downgraded shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. BTIG Research reaffirmed a “neutral” rating on shares of Zillow Group in a report on Thursday, June 11th. DA Davidson lowered their price target on Zillow Group from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday. Susquehanna decreased their price target on shares of Zillow Group from $50.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Citigroup reaffirmed a “buy” rating on shares of Zillow Group in a research report on Thursday. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $57.43.

Zillow Group Stock Down 12.9%

NASDAQ ZG traded down $4.75 on Thursday, reaching $32.14. The stock had a trading volume of 1,079,446 shares, compared to its average volume of 1,184,169. The stock has a fifty day moving average price of $33.23 and a two-hundred day moving average price of $41.83. The firm has a market capitalization of $7.35 billion, a price-to-earnings ratio of 128.83, a P/E/G ratio of 1.58 and a beta of 1.95. Zillow Group has a 12-month low of $29.03 and a 12-month high of $90.22.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The business had revenue of $772.00 million during the quarter, compared to analysts’ expectations of $758.25 million. During the same quarter last year, the business posted $0.40 earnings per share. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. Sell-side analysts forecast that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Dan Spaulding sold 3,078 shares of Zillow Group stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $115,117.20. Following the transaction, the insider owned 49,696 shares in the company, valued at approximately $1,858,630.40. This trade represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Erik C. Blachford sold 791 shares of Zillow Group stock in a transaction on Monday, June 8th. The shares were sold at an average price of $34.80, for a total transaction of $27,526.80. Following the completion of the sale, the director directly owned 34,952 shares of the company’s stock, valued at approximately $1,216,329.60. The trade was a 2.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 42,910 shares of company stock worth $1,605,732 over the last three months. 29.88% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Zillow Group

Several institutional investors have recently bought and sold shares of ZG. Norges Bank acquired a new position in Zillow Group during the fourth quarter worth $152,050,000. Independent Franchise Partners LLP lifted its holdings in shares of Zillow Group by 1.1% during the 4th quarter. Independent Franchise Partners LLP now owns 2,024,556 shares of the technology company’s stock valued at $138,135,000 after acquiring an additional 21,862 shares in the last quarter. M&T Bank Corp boosted its stake in Zillow Group by 38,344.0% during the 4th quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after acquiring an additional 1,600,097 shares during the last quarter. Tiger Global Management LLC boosted its stake in Zillow Group by 30.7% during the 4th quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock valued at $69,849,000 after purchasing an additional 240,690 shares during the period. Finally, UBS Group AG raised its holdings in shares of Zillow Group by 44.5% in the 4th quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock worth $69,489,000 after purchasing an additional 313,643 shares in the last quarter. 20.32% of the stock is currently 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: Zillow reported second-quarter adjusted EPS of $0.52, above the $0.44 consensus estimate, while revenue rose 17.9% year over year to $772 million, exceeding expectations of $758.25 million. Zillow Group Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: DA Davidson maintained a “buy” rating while lowering its price target from $60 to $50, implying substantial upside from the current quotation. Benzinga analyst coverage
• Neutral Sentiment: July home sales increased 7% year over year, the strongest annual gain of 2026; however, sharply lower newly pending sales and higher mortgage rates suggest housing activity could weaken during the second half. Zillow July Market Report
• Neutral Sentiment: Susquehanna cut its price target from $50 to $38 and shifted to a “neutral” rating, while KeyBanc reportedly retained its “buy” recommendation. Benzinga analyst coverage
• Negative Sentiment: Zillow posted a $4 million net loss as $36 million of restructuring costs weighed on results, despite the adjusted earnings beat. The company also cut more than 500 jobs, or approximately 7% of its workforce, adding concerns about operating momentum and execution. Zillow Swings to Loss on Restructuring Costs
• Negative Sentiment: Third-quarter revenue guidance of $745 million-$760 million was below the $772.3 million consensus estimate, while full-year guidance of $2.9 billion-$3.0 billion was at or below expectations. Cantor Fitzgerald lowered its target from $34 to $32 with a “neutral” rating, and Zacks Research downgraded the stock from “strong buy” to “hold.” Benzinga and Zacks analyst coverage
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action with an August 10 lead-plaintiff deadline, creating an additional headline and potential legal risk for investors. Zillow Securities Class Action Notice

Zillow Group Company Profile

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.