Cantor Fitzgerald Has Lowered Expectations for Zillow Group (NASDAQ:ZG) Stock Price

Zillow Group (NASDAQ:ZG) had its price objective lowered by research analysts at Cantor Fitzgerald from $34.00 to $32.00 in a report issued on Thursday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Cantor Fitzgerald’s price target would suggest a potential downside of 5.74% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Royal Bank Of Canada reduced their price target on Zillow Group to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, June 10th. Citigroup dropped their price target on shares of Zillow Group from $68.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday. The Goldman Sachs Group cut their target price on shares of Zillow Group from $53.00 to $40.00 and set a “neutral” rating for the company in a research report on Friday, June 12th. Weiss Ratings cut shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Finally, UBS Group decreased their price target on shares of Zillow Group from $75.00 to $50.00 and set a “buy” rating for the company in a report on Friday, July 31st. Eleven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zillow Group presently has a consensus rating of “Hold” and an average price target of $53.86.

Zillow Group Stock Up 0.6%

Shares of NASDAQ:ZG opened at $33.95 on Thursday. The firm has a market capitalization of $7.77 billion, a P/E ratio of 154.33, a price-to-earnings-growth ratio of 1.44 and a beta of 1.95. The firm has a fifty day moving average of $33.16 and a two-hundred day moving average of $41.54. 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 EPS for the quarter, topping the consensus estimate of $0.44 by $0.08. The company had revenue of $772.00 million for the quarter, compared to analyst estimates of $758.25 million. Zillow Group had a net margin of 1.96% and a return on equity of 2.32%. Zillow Group’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.40 EPS. Equities research analysts expect that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insider Transactions at Zillow Group

In other news, CEO Jeremy Wacksman sold 9,072 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $36.54, for a total transaction of $331,490.88. Following the completion of the transaction, the chief executive officer directly owned 153,699 shares of the company’s stock, valued at approximately $5,616,161.46. This trade represents a 5.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Errol G. Samuelson sold 2,939 shares of Zillow Group stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $37.97, for a total transaction of $111,593.83. Following the sale, the insider owned 134,039 shares in the company, valued at approximately $5,089,460.83. This trade represents a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 42,910 shares of company stock valued at $1,605,732 over the last 90 days. Corporate insiders own 29.88% of the company’s stock.

Institutional Investors Weigh In On Zillow Group

A number of institutional investors have recently added to or reduced their stakes in ZG. M&T Bank Corp lifted its stake in shares of Zillow Group by 38,344.0% during the fourth 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 period. Polianta Ltd acquired a new position in Zillow Group during the first quarter valued at approximately $1,494,000. Independent Franchise Partners LLP increased its position in shares of Zillow Group by 1.1% in 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 buying an additional 21,862 shares in the last quarter. Deltroit Asset Management UK LLP acquired a new stake in shares of Zillow Group during the fourth quarter worth about $2,715,000. Finally, IMC Chicago LLC acquired a new stake in Zillow Group during the 4th quarter worth approximately $1,050,000. 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: Zillow reported second-quarter earnings of $0.52 per share, above the $0.44 analyst consensus, while revenue reached $772 million, exceeding expectations of $758.25 million. Revenue increased 17.9% year over year, supported by growth in mortgage and rentals. Zillow Q2 Earnings Surpass Estimates on Solid Revenue Growth
• Positive Sentiment: Several analysts still see upside: Piper Sandler and Citizens JMP maintain bullish ratings with $46 price targets, while DA Davidson and Benchmark retain buy ratings despite lowering their targets. These targets remain above the stock’s recent trading level.
• Neutral Sentiment: Zillow’s July market report showed home sales rising 7% year over year, the strongest annual gain of 2026. However, the company said newly pending sales fell sharply from June as mortgage rates reached a one-year high, raising questions about the durability of the improvement. Zillow July Market Report
• Negative Sentiment: Analysts broadly lowered their expectations following the earnings report. Wells Fargo cut its target to $35 and assigned an equal-weight rating, Evercore downgraded Zillow to hold with a $40 target, and Susquehanna and Cantor Fitzgerald also reduced targets. RBC cited near-term pressure from Zillow’s preferred-model shift. Zillow Preferred-Model Shift Adds Near-Term Pressure
• Negative Sentiment: Multiple law firms are soliciting investors ahead of the August 10 lead-plaintiff deadline for a securities-fraud class action covering purchases from February 11, 2025, through May 7, 2026. The litigation involves alleged anticompetitive conduct and related regulatory risks, creating an additional overhang for ZG.

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.