CoStar Group (NASDAQ:CSGP) Releases FY 2026 Earnings Guidance

CoStar Group (NASDAQ:CSGP) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.320-1.390 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.8 billion. CoStar Group also updated its Q3 2026 guidance to 0.310-0.340 EPS.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $44.00 target price on shares of CoStar Group in a report on Thursday, April 30th. Wall Street Zen upgraded shares of CoStar Group from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the stock an “underweight” rating in a report on Wednesday, June 24th. Benchmark started coverage on shares of CoStar Group in a report on Thursday, June 4th. They issued a “buy” rating and a $45.00 target price for the company. Finally, Robert W. Baird set a $34.00 price target on CoStar Group and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CoStar Group presently has a consensus rating of “Hold” and an average target price of $41.61.

CoStar Group Price Performance

CSGP traded down $1.41 on Thursday, reaching $28.42. The company had a trading volume of 2,920,352 shares, compared to its average volume of 7,260,503. CoStar Group has a one year low of $25.89 and a one year high of $97.43. The company has a market capitalization of $11.61 billion, a P/E ratio of 149.44, a PEG ratio of 0.78 and a beta of 0.74. The company has a fifty day moving average of $30.74 and a 200-day moving average of $40.42. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.70% and a net margin of 2.08%.The firm had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same quarter last year, the firm posted $0.17 EPS. The company’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, equities research analysts anticipate that CoStar Group will post 1.03 earnings per share for the current year.

Insider Transactions at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction on Friday, May 1st. The shares were purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the purchase, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This represents a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.18% of the company’s stock.

More CoStar Group News

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

• Positive Sentiment: CoStar reported second-quarter adjusted EPS of $0.32, above the approximately $0.28–$0.29 analyst consensus, while revenue increased 18.4% year over year to $925 million. Net income rose sharply, adjusted EBITDA more than doubled, and residential EBITDA turned positive, supporting the company’s profitability-improvement story. CoStar Group Q2 Earnings Beat Estimates, Revenues Increase Year over Year
• Positive Sentiment: Full-year 2026 EPS guidance of $1.32–$1.39 is above the $1.29 consensus, and net new bookings rose 3% sequentially to $69 million. These figures provide some support for the bullish case despite near-term guidance concerns. CoStar Group Q2 2026 Results
• Neutral Sentiment: Apartments.com reported that U.S. apartment rents were essentially flat in July, rising just 0.03% to $1,747. The eighth consecutive monthly increase is modestly constructive, but limited rent growth could constrain momentum in CoStar’s multifamily marketplace. Apartments.com Multifamily Rent Growth Report for July 2026
• Negative Sentiment: Third-quarter EPS guidance of $0.31–$0.34 and revenue guidance of $935–$945 million fell below consensus estimates of $0.36 and $970.1 million, respectively. The weaker near-term outlook appears to be the primary reason investors are discounting the earnings beat.
• Negative Sentiment: Several firms reduced their targets: JPMorgan cut its target to $52 while retaining Overweight, BTIG lowered its target to $42 with a Buy rating, and Needham reduced its target to $40 with a Buy rating. More cautious actions came from Citizens JMP, which cut its target to $35, and Keefe, Bruyette & Woods, which downgraded the stock to Market Perform with a $29 target. William Blair also moved to Market Perform. Analyst Ratings and Price Targets

Institutional Trading of CoStar Group

Several hedge funds and other institutional investors have recently bought and sold shares of CSGP. Caitong International Asset Management Co. Ltd raised its holdings in shares of CoStar Group by 25,650.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after acquiring an additional 513 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of CoStar Group in the third quarter valued at $48,000. DV Equities LLC acquired a new position in shares of CoStar Group in the 4th quarter valued at $40,000. Geneos Wealth Management Inc. boosted its stake in shares of CoStar Group by 144.4% during the first quarter. Geneos Wealth Management Inc. now owns 865 shares of the technology company’s stock worth $69,000 after buying an additional 511 shares during the period. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of CoStar Group during the 3rd quarter worth approximately $76,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

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.