Citizens Jmp Lowers CoStar Group (NASDAQ:CSGP) Price Target to $73.00

CoStar Group (NASDAQ:CSGP) had its price objective lowered by analysts at Citizens Jmp from $78.00 to $73.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s price target indicates a potential upside of 62.22% from the company’s current price.

A number of other research analysts also recently commented on the company. Keefe, Bruyette & Woods reduced their target price on CoStar Group from $100.00 to $75.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Needham & Company LLC dropped their price target on CoStar Group from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a report on Friday, February 20th. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $84.00 price target on shares of CoStar Group in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.35.

CoStar Group Stock Up 0.5%

Shares of NASDAQ:CSGP opened at $45.00 on Wednesday. The company has a current ratio of 2.84, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12. The company has a fifty day simple moving average of $58.83 and a 200 day simple moving average of $71.26. The firm has a market cap of $19.07 billion, a PE ratio of 4,504.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84. CoStar Group has a 12-month low of $43.17 and a 12-month high of $97.43.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The company had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The firm’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, equities research analysts anticipate that CoStar Group will post 0.94 EPS for the current fiscal year.

CoStar Group declared that its Board of Directors has initiated a stock buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Institutional Trading of CoStar Group

Several large investors have recently added to or reduced their stakes in the business. NewSquare Capital LLC boosted its position in CoStar Group by 35.6% during the 2nd quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after acquiring an additional 108 shares during the period. Emerald Advisers LLC raised its stake in shares of CoStar Group by 1.9% during the second quarter. Emerald Advisers LLC now owns 5,763 shares of the technology company’s stock valued at $463,000 after purchasing an additional 110 shares in the last quarter. Empirical Finance LLC lifted its holdings in CoStar Group by 1.4% in the second quarter. Empirical Finance LLC now owns 8,376 shares of the technology company’s stock worth $673,000 after purchasing an additional 114 shares during the period. STF Management LP grew its position in CoStar Group by 2.1% in the 2nd quarter. STF Management LP now owns 6,269 shares of the technology company’s stock valued at $504,000 after buying an additional 128 shares in the last quarter. Finally, Enhancing Capital LLC grew its position in CoStar Group by 2.2% in the 3rd quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock valued at $593,000 after buying an additional 150 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

More CoStar Group News

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

• Positive Sentiment: Q4 results and commentary: CoStar reported Q4 EPS of $0.31 (above the $0.27 consensus) and revenue of $900M (above estimates), with revenue up ~27% year‑over‑year and management highlighting strong bookings and digitization progress. This beat helped justify upside expectations for growth. Read More.
• Positive Sentiment: FY‑2026 guidance raised on headline figures: CoStar published FY‑2026 EPS guidance of $1.220–$1.330 and revenue guidance around $3.8B — both cited as above consensus in one release — which supports a constructive longer‑term revenue/margin trajectory if achieved. (Guidance entry provided by company filings/press materials.)
• Positive Sentiment: Data product traction: CoStar research showed meaningful market activity (e.g., London office yield compression in 2025), reinforcing the value of CoStar’s data/analytics franchises and monetization opportunities. Read More.
• Neutral Sentiment: Industry signals: Apartments.com released February rent data showing modest U.S. rent growth — useful macro context for CofStar’s marketplaces but not a direct catalyst. Read More.
• Neutral Sentiment: Short‑interest item looks unreliable: recent short‑interest lines in the feed show zero or NaN values and don’t present a clear short‑squeeze thesis at this time.
• Negative Sentiment: Analyst revisions and target cuts: Multiple firms trimmed price targets after the print (examples include BMO to $53 (market perform), RBC to $57 (sector perform), Wells Fargo to $44 (underweight), Needham to $60 (buy) and Goldman cut its target to $73 while keeping a buy). The wave of cuts and mixed ratings is pressuring sentiment despite the beat. Read More.
• Negative Sentiment: Shares dipped in some coverage despite the beat: several outlets noted the stock fell after the report even with double‑digit growth and a generally upbeat narrative, suggesting the market may be focused on margin/guidance nuance or valuation concerns. Read More.

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.