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

Zillow Group (NASDAQ:ZG) had its price target decreased by stock analysts at Citigroup from $100.00 to $78.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Citigroup’s price target indicates a potential upside of 78.24% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the company. Piper Sandler restated an “overweight” rating and set a $70.00 target price (down from $85.00) on shares of Zillow Group in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. KeyCorp reduced their price objective on Zillow Group from $90.00 to $75.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Cantor Fitzgerald decreased their target price on Zillow Group from $68.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Benchmark reissued a “buy” rating on shares of Zillow Group in a research note on Wednesday. Fifteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.43.

Zillow Group Price Performance

ZG stock traded down $1.34 during midday trading on Thursday, reaching $43.76. The company had a trading volume of 1,741,843 shares, compared to its average volume of 963,696. Zillow Group has a 1-year low of $43.38 and a 1-year high of $90.22. The stock has a 50 day moving average price of $65.97 and a 200-day moving average price of $72.26. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 486.41, a price-to-earnings-growth ratio of 3.16 and a beta of 2.04.

Zillow Group (NASDAQ:ZG) last released its earnings results on Tuesday, February 10th. The technology company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $654.00 million during the quarter, compared to the consensus estimate of $650.40 million. Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. Zillow Group’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 earnings per share. As a group, research analysts anticipate that Zillow Group will post 0.32 earnings per share for the current year.

Insider Buying and Selling at Zillow Group

In other news, General Counsel Bradley D. Owens sold 2,722 shares of Zillow Group stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $67.41, for a total transaction of $183,490.02. Following the transaction, the general counsel owned 37,974 shares in the company, valued at approximately $2,559,827.34. The trade was a 6.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dan Spaulding sold 5,455 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $69.40, for a total transaction of $378,577.00. Following the completion of the sale, the insider directly owned 50,342 shares in the company, valued at approximately $3,493,734.80. This represents a 9.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 28,103 shares of company stock worth $1,956,109 over the last quarter. Insiders own 17.14% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC increased its stake in shares of Zillow Group by 78.9% in the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after buying an additional 187 shares during the period. First Command Advisory Services Inc. acquired a new stake in Zillow Group during the 4th quarter valued at approximately $34,000. Global Retirement Partners LLC raised its holdings in Zillow Group by 4,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 846 shares of the technology company’s stock worth $58,000 after purchasing an additional 826 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Zillow Group by 23.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock worth $80,000 after purchasing an additional 194 shares during the period. Finally, Group One Trading LLC lifted its position in shares of Zillow Group by 884.7% in the 3rd quarter. Group One Trading LLC now owns 1,477 shares of the technology company’s stock worth $110,000 after purchasing an additional 1,327 shares during the period. 20.32% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Zillow Group

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

• Positive Sentiment: Revenue growth and profitability — Zillow delivered +18% YoY revenue, strong rentals and mortgage growth, and swung to a small quarterly profit; management issued Q1 revenue guidance ($700–$710M) above consensus, which supports the case that the business is scaling. Zillow Group Profitability Milestone
• Neutral Sentiment: Analyst nuance — Keefe Bruyette raised its Zillow price target to $80 (from $65) but kept a Market Perform rating and flagged uncertainty around the Compass trial outcome; some firms still see upside despite mixed views. Analyst Commentary
• Negative Sentiment: EPS miss and cuts to forecasts — Zillow reported adjusted EPS of $0.39 vs. $0.42 expected; several analysts trimmed EPS/revenue forecasts and some lowered price targets (Barclays, Cantor Fitzgerald), prompting near-term selling pressure. Analysts Cut Forecasts After Q4
• Negative Sentiment: Legal and sector headwinds — Coverage highlights a wave of litigation against Zillow across businesses and broader real-estate services pressure (including AI-driven disruption narratives) that could increase risk and weigh on sentiment. Zillow Faces a Wave of Litigation

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.