Keefe, Bruyette & Woods Issues Pessimistic Forecast for CoStar Group (NASDAQ:CSGP) Stock Price

CoStar Group (NASDAQ:CSGP) had its price target reduced by Keefe, Bruyette & Woods from $75.00 to $70.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 55.56% from the stock’s current price.

CSGP has been the topic of several other research reports. Needham & Company LLC decreased their target price on CoStar Group from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday. 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. Deutsche Bank Aktiengesellschaft set a $68.00 price objective on shares of CoStar Group in a research report on Thursday, January 8th. Citigroup restated a “market outperform” rating on shares of CoStar Group in a research report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CoStar Group presently has an average rating of “Moderate Buy” and an average target price of $73.35.

CoStar Group Stock Up 0.5%

Shares of CSGP stock opened at $45.00 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 3.12. CoStar Group has a one year low of $43.17 and a one year high of $97.43. The company’s fifty day moving average price is $58.83 and its 200-day moving average price is $71.26. The company has a market capitalization of $19.07 billion, a price-to-earnings ratio of 4,504.50, a PEG ratio of 1.18 and a beta of 0.84.

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

CoStar Group announced that its Board of Directors has authorized a stock repurchase program on Wednesday, January 7th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 5.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of CoStar Group

Several hedge funds have recently made changes to their positions in the business. Quent Capital LLC bought a new stake in CoStar Group during the third quarter worth approximately $26,000. Manning & Napier Advisors LLC purchased a new position in shares of CoStar Group in the 3rd quarter worth approximately $28,000. Rossby Financial LCC increased its position in shares of CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. Westside Investment Management Inc. raised its holdings in CoStar Group by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in CoStar Group during the 3rd quarter valued at $31,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

CoStar Group News Roundup

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.