CoStar Group (NASDAQ:CSGP) Price Target Lowered to $84.00 at The Goldman Sachs Group

CoStar Group (NASDAQ:CSGP) had its price objective trimmed by The Goldman Sachs Group from $97.00 to $84.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other brokerages have also commented on CSGP. Royal Bank Of Canada restated a “sector perform” rating and issued a $91.00 price objective on shares of CoStar Group in a report on Thursday, October 9th. Needham & Company LLC cut their target price on CoStar Group from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday. Citizens Jmp lowered their price target on CoStar Group from $100.00 to $78.00 and set a “market outperform” rating for the company in a research report on Thursday. Jefferies Financial Group raised CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. Finally, BTIG Research started coverage on CoStar Group in a report on Friday, October 3rd. They issued a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $86.38.

CoStar Group Stock Performance

NASDAQ CSGP opened at $61.36 on Thursday. The stock has a fifty day simple moving average of $67.12 and a 200-day simple moving average of $78.96. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12. The stock has a market cap of $26.01 billion, a PE ratio of 1,227.20, a P/E/G ratio of 1.33 and a beta of 0.84. CoStar Group has a twelve month low of $60.19 and a twelve month high of $97.43.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $833.60 million for the quarter, compared to analysts’ expectations of $823.62 million. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. CoStar Group’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 earnings per share. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. Equities analysts anticipate that CoStar Group will post 0.94 earnings per share for the current year.

CoStar Group announced that its board has authorized a share repurchase program on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quent Capital LLC purchased a new stake in CoStar Group during the 3rd quarter worth about $26,000. Manning & Napier Advisors LLC purchased a new position in shares of CoStar Group in the 3rd quarter valued at about $28,000. Rossby Financial LCC grew its position in shares of CoStar Group by 315.9% during the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after buying an additional 259 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of CoStar Group by 100.0% during 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 during the period. Finally, Bayforest Capital Ltd purchased a new stake in shares of CoStar Group during the first quarter worth approximately $29,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

More CoStar Group News

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

• Positive Sentiment: Board authorized a $1.5 billion share buyback (up to ~5.3% of shares outstanding), signaling management thinks the stock is undervalued and returning capital to shareholders. RTT News – CoStar Buyback
• Positive Sentiment: Company issued a full-year 2026 and medium-term outlook calling for significant adjusted-EBITDA expansion and updated capital-allocation priorities (board- and Capital Allocation Committee-approved), which management frames as improving margins and shareholder alignment. BusinessWire – FY2026 Outlook
• Positive Sentiment: Some sell‑side support remains: William Blair reiterated a Buy rating, arguing conservative guidance plus improved capital allocation creates a buying opportunity. TipRanks – William Blair Reiterate
• Neutral Sentiment: FY2026 guidance: EPS range of $1.220–$1.330 and revenue guidance near $3.8B — roughly in line with consensus but presented conservatively; investors will watch execution vs. the midpoint. BusinessWire – Guidance
• Neutral Sentiment: Apartments.com reported U.S. apartment rents ticked up +0.1% month-over-month in Dec 2025 (national average $1,708), reversing several months of flat/negative monthly readings — modestly positive for recurring marketplace revenue but not a dramatic change. BusinessWire – Apartments.com Rent Report
• Negative Sentiment: Multiple sell‑side firms lowered price targets this morning (Goldman Sachs to $84, Needham to $80, BMO to $72, Citizens to $78). While many retained Buy/Outperform views, the cuts increase near-term selling pressure and signal reduced upside from prior forecasts. Benzinga – PT Cuts StreetInsider – BMO PT Cut
• Negative Sentiment: CoStar plans to reduce net investment in Homes.com by at least $100M per year through 2030; Barron’s reports investors reacted negatively to the long timeline to profitability, raising questions about near-term returns from that asset. Barron’s – Homes.com Profitability

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.