BMO Capital Markets Has Lowered Expectations for CoStar Group (NASDAQ:CSGP) Stock Price

CoStar Group (NASDAQ:CSGP) had its price target reduced by equities researchers at BMO Capital Markets from $72.00 to $53.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “market perform” rating on the technology company’s stock. BMO Capital Markets’ target price would suggest a potential upside of 17.10% from the stock’s current price.

Other analysts also recently issued reports about the company. Citizens Jmp cut their target price on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a research note on Wednesday. Zacks Research cut CoStar Group from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Bank of America set a $74.00 price objective on CoStar Group in a report on Wednesday, January 7th. Robert W. Baird set a $73.00 target price on shares of CoStar Group in a research note on Wednesday. Finally, Needham & Company LLC dropped their price target on shares of CoStar Group from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $73.35.

CoStar Group Stock Up 1.1%

CoStar Group stock traded up $0.48 during mid-day trading on Thursday, hitting $45.26. The company had a trading volume of 2,711,228 shares, compared to its average volume of 7,426,560. CoStar Group has a 12 month low of $43.17 and a 12 month high of $97.43. The company has a market capitalization of $19.18 billion, a PE ratio of 4,521.12, a price-to-earnings-growth ratio of 1.29 and a beta of 0.84. The stock’s 50 day moving average price is $59.23 and its two-hundred day moving average price is $71.44. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $900.00 million during the quarter, compared to the consensus estimate of $892.22 million. CoStar Group had a return on equity of 2.51% and a net margin of 0.23%.The company’s revenue was up 26.9% on a year-over-year basis. During the same period last year, the company earned $0.26 earnings per share. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, sell-side analysts anticipate that CoStar Group will post 0.94 earnings per share for the current fiscal year.

CoStar Group declared that its Board of Directors has authorized a stock buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On CoStar Group

A number of institutional investors have recently bought and sold shares of the stock. Quent Capital LLC purchased a new stake in CoStar Group in the third quarter worth about $26,000. Rossby Financial LCC grew its stake in shares of CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after acquiring an additional 259 shares during the period. Manning & Napier Advisors LLC purchased a new stake in CoStar Group in the 3rd quarter worth approximately $28,000. Lloyd Advisory Services LLC. bought a new stake in CoStar Group during the 4th quarter worth approximately $29,000. Finally, Westside Investment Management Inc. raised its stake in CoStar Group by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after acquiring an additional 180 shares during the period. 96.60% of the stock is owned by institutional investors.

Key CoStar Group News

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

• Positive Sentiment: Q4 beat and robust revenue growth — CoStar topped EPS and revenue expectations with Q4 revenue up ~26.9% year-over-year, and management highlighted strong bookings and digitization progress. Zacks: CoStar Q4 Earnings Beat
• Positive Sentiment: Upgraded FY 2026 guidance — the company updated FY26 EPS guidance to 1.220–1.330 and revenue guidance to roughly $3.8B, which is above recent consensus, providing upside to full-year expectations. (Company update)
• Positive Sentiment: Market-data tailwinds — CoStar research shows sharp London office yield compression in 2025, a sign of rising investor demand that supports the value of commercial-property data and transactional activity. BusinessWire: London Office Yields
• Positive Sentiment: Multifamily fundamentals little improved — Apartments.com data shows U.S. apartment rents resumed modest monthly gains, which supports demand for CoStar’s rental-market products. BusinessWire: Apartments.com Rent Report
• Neutral Sentiment: Corporate disclosure change — CoStar expanded use of its website for investor disclosures; procedural, not directly earnings-driving. TipRanks: Investor Disclosures
• Neutral Sentiment: Short-interest data flagged as unreliable in the filings summary (reported as zero/NaN) — treat with caution.
• Negative Sentiment: Soft near-term outlook — CoStar’s Q1 2026 guidance (EPS 0.160–0.190; revenue $890–900M) missed consensus, which explains near-term investor caution. Company Q4 Release / Guidance
• Negative Sentiment: Analyst trims — multiple firms cut price targets and forecasts after results/guidance, reducing near-term sell-side support (Goldman, RBC, Wells Fargo, Needham, others). Benzinga: Analysts Cut Forecasts
• Negative Sentiment: Initial market reaction — some outlets reported shares dipping after the quarter because the weaker near-term outlook offset the beat, pressuring sentiment despite longer-term guidance improvements. Seeking Alpha: Q4 Presentation

CoStar Group Company Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.