CoStar Group (NASDAQ:CSGP) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of CoStar Group (NASDAQ:CSGP) from a hold rating to a buy rating in a research report report published on Saturday.

A number of other equities research analysts have also commented on the company. The Goldman Sachs Group lowered their price target on CoStar Group from $63.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Friday, February 20th. Stephens lowered their target price on shares of CoStar Group from $70.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a report on Thursday. Finally, Wells Fargo & Company reduced their price objective on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating for the company in a research report on Thursday. Twelve analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and an average target price of $58.59.

CoStar Group Price Performance

CSGP stock opened at $34.72 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.84 and a current ratio of 2.20. The business has a 50-day simple moving average of $41.78 and a two-hundred day simple moving average of $56.92. The company has a market capitalization of $14.58 billion, a P/E ratio of 578.76, a price-to-earnings-growth ratio of 0.91 and a beta of 0.75. CoStar Group has a 52-week low of $33.31 and a 52-week high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. During the same period in the prior year, the business posted ($0.04) earnings per share. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Research analysts expect that CoStar Group will post 1.03 EPS for the current fiscal year.

CoStar Group announced that its board has initiated a stock repurchase plan on Wednesday, January 7th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 5.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at CoStar Group

In other CoStar Group news, Director Louise S. Sams acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, with a total value of $48,360.00. Following the acquisition, the director owned 20,409 shares in the company, valued at approximately $986,979.24. This represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.09% of the company’s stock.

Hedge Funds Weigh In On CoStar Group

A number of large investors have recently made changes to their positions in the stock. Quent Capital LLC bought a new position in CoStar Group in the 3rd quarter worth about $26,000. Manning & Napier Advisors LLC bought a new stake in shares of CoStar Group during the third quarter valued at about $28,000. Westside Investment Management Inc. lifted its holdings in shares of CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after buying an additional 180 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of CoStar Group in the third quarter worth about $31,000. Finally, Reflection Asset Management bought a new position in shares of CoStar Group in the fourth quarter valued at approximately $27,000. 96.60% of the stock is owned by institutional investors.

Key Headlines Impacting CoStar Group

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

• Positive Sentiment: BTIG reaffirmed a Buy rating, supporting investor confidence in CoStar’s strategic growth (research support). BTIG Research Reiterates Buy Rating for CoStar Group (NASDAQ:CSGP)
• Positive Sentiment: Bares Capital flagged CoStar as a bullish idea, signalling activist/institutional interest that can underpin the stock. CoStar Group Inc. (CSGP): Bares Capital Is Bullish on This Stock
• Positive Sentiment: CoStar’s Q1 results showed record revenue growth, an EPS beat and management set Q2/FY26 guidance — fundamentals that support a recovery thesis. CoStar Group Inc (CSGP) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: CoStar’s data business reported modest improvement in U.K. hotel RevPAR, indicating pockets of end‑market strength but limited immediate revenue impact. CoStar Data Shows U.K. Hotel RevPAR on an Upward Trajectory
• Neutral Sentiment: Analysts and press published Q1 deep dives noting residential momentum, Homes.com gains and AI initiatives — positive structural themes but with near‑term execution risks. CSGP Q1 deep dive
• Negative Sentiment: Wells Fargo cut its price target to $33 and moved to an underweight, a clear negative that increases selling pressure. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $33.00 at Wells Fargo & Company
• Negative Sentiment: Several firms trimmed targets — Needham to $50 and Citizens Jmp to $44 — adding to consensus downward revisions. Needham & Company LLC Lowers CoStar Group (NASDAQ:CSGP) Price Target to $50.00 Citizens Jmp Lowers CoStar Group (NASDAQ:CSGP) Price Target to $44.00
• Negative Sentiment: Goldman lowered its target to $54 (while keeping a Buy), signaling reduced upside expectations and contributing to mixed analyst tone. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $54.00 at The Goldman Sachs Group

About CoStar Group

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.