CoStar Group (NASDAQ:CSGP) Hits New 1-Year Low Following Analyst Downgrade

Shares of CoStar Group, Inc. (NASDAQ:CSGPGet Free Report) reached a new 52-week low on Wednesday after The Goldman Sachs Group lowered their price target on the stock from $84.00 to $73.00. The Goldman Sachs Group currently has a buy rating on the stock. CoStar Group traded as low as $43.50 and last traded at $45.7140, with a volume of 2711827 shares. The stock had previously closed at $49.15.

A number of other equities analysts have also weighed in on CSGP. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. Citigroup reissued a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research report on Friday, February 20th. Zacks Research downgraded shares of CoStar Group from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Finally, Bank of America set a $74.00 target price on shares of CoStar Group in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average price target of $74.47.

View Our Latest Research Report on CSGP

Trending Headlines about CoStar Group

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

  • Positive Sentiment: Q4 results beat expectations — CoStar reported $0.31 EPS on $900M revenue, above consensus, with strong bookings and continued revenue growth. This supports the company’s long‑term growth thesis. CoStar Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Fall
  • Positive Sentiment: Analysts and some firms still point to durable fundamentals — several analysts kept buy/outperform views (while trimming targets), citing FY25 finish, bookings growth and digitization progress as reasons to retain conviction. CoStar Group: Strong FY25 Finish, Robust Bookings Growth…
  • Neutral Sentiment: Apartments.com rent report showed modest U.S. apartment rent growth in February — a sector datapoint that supports CoStar’s marketplace trends but is unlikely to move the stock materially on its own. Apartments.com Releases Multifamily Rent Growth Report for February 2026
  • Neutral Sentiment: Company administrative update — CoStar expanded use of its website for investor disclosures (procedural, not material to fundamentals). CoStar Expands Use of Website for Investor Disclosures
  • Neutral Sentiment: Short‑interest data in feeds shows anomalies (reported as large increase but with zero shares), indicating unreliable/immaterial short‑interest signal today.
  • Negative Sentiment: Q1/FY26 guidance disappointed — management set Q1 EPS guidance (0.160–0.190) and revenue guidance below consensus, lowering near‑term earnings visibility and prompting investor selling. Listen to Conference Call / Press Release
  • Negative Sentiment: Analysts cut targets and forecasts after the print — multiple firms (Goldman Sachs, RBC, Wells Fargo, Needham, Keefe, others) lowered price targets and trimmed estimates, signaling reduced near‑term expectations and contributing to downward pressure. CoStar Group Analysts Cut Their Forecasts Following Q4 Results
  • Negative Sentiment: Market reaction: despite the beat, headlines emphasized the weak outlook and downward revisions, which caused shares to fall on heavier-than-normal volume. CoStar Group beats Q4 estimates but shares dip on weak outlook

Institutional Trading of CoStar Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. ING Groep NV lifted its position in shares of CoStar Group by 1,950.5% in the 3rd quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after purchasing an additional 121,807 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in CoStar Group by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock worth $14,459,000 after buying an additional 21,225 shares in the last quarter. UMB Bank n.a. raised its stake in CoStar Group by 51.6% in the third quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock worth $19,009,000 after buying an additional 76,720 shares in the last quarter. Swedbank AB lifted its holdings in CoStar Group by 21.0% during the third quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock worth $25,510,000 after buying an additional 52,433 shares during the period. Finally, Generali Asset Management SPA SGR boosted its position in CoStar Group by 641.8% during the 3rd quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company’s stock valued at $2,015,000 after acquiring an additional 20,661 shares in the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

The firm has a market capitalization of $18.98 billion, a PE ratio of 4,482.48, a P/E/G ratio of 1.29 and a beta of 0.84. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 3.12. The stock has a fifty day moving average price of $59.23 and a 200-day moving average price of $71.44.

CoStar Group (NASDAQ:CSGPGet Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $900.00 million for 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 firm’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 earnings per share. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Sell-side analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group announced that its Board of Directors has authorized a stock buyback plan on Wednesday, January 7th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

CoStar Group Company Profile

(Get Free Report)

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.

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