CoStar Group (NASDAQ:CSGP) Upgraded at Zacks Research

Zacks Research upgraded shares of CoStar Group (NASDAQ:CSGP) from a strong sell rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company decreased their target price on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 25th. The Goldman Sachs Group cut their price objective on CoStar Group from $84.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. BNP Paribas Exane initiated coverage on CoStar Group in a research report on Wednesday, January 14th. They set a “neutral” rating and a $64.00 price objective on the stock. Citizens Jmp lowered their target price on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a report on Wednesday, February 25th. Finally, William Blair reiterated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $73.35.

CoStar Group Stock Down 2.1%

CSGP stock opened at $45.34 on Monday. The firm has a 50-day moving average price of $55.23 and a 200-day moving average price of $68.47. CoStar Group has a 12 month low of $43.16 and a 12 month high of $97.43. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $19.03 billion, a P/E ratio of 4,538.54, a price-to-earnings-growth ratio of 1.24 and a beta of 0.89.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $900.00 million for 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 was up 26.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, equities research analysts anticipate that CoStar Group will post 0.94 EPS for the current fiscal year.

CoStar Group declared that its board has initiated a stock buyback plan on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Insider Activity at CoStar Group

In other CoStar Group news, Director Louise S. Sams acquired 1,000 shares of CoStar Group stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $48.36 per share, with a total value of $48,360.00. Following the completion of the purchase, the director directly owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.09% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Hsbc Holdings PLC increased its stake in shares of CoStar Group by 34.2% in the fourth quarter. Hsbc Holdings PLC now owns 987,270 shares of the technology company’s stock valued at $66,392,000 after buying an additional 251,750 shares during the period. BSN CAPITAL PARTNERS Ltd acquired a new position in shares of CoStar Group in the fourth quarter worth approximately $10,144,000. Reflection Asset Management bought a new stake in CoStar Group in the fourth quarter valued at approximately $27,000. SG Trading Solutions LLC bought a new stake in CoStar Group in the fourth quarter valued at approximately $218,000. Finally, Pacer Advisors Inc. boosted its holdings in CoStar Group by 1.6% in the fourth quarter. Pacer Advisors Inc. now owns 64,330 shares of the technology company’s stock valued at $4,326,000 after acquiring an additional 1,029 shares during the last quarter. 96.60% of the stock is owned by institutional investors.

CoStar Group News Summary

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

• Positive Sentiment: Director Louise Sams purchased 1,000 shares, signaling insider confidence. Insider Form 4
• Positive Sentiment: Zacks upgraded CSGP from “strong sell” to “hold”, a mild vote of support from an independent research shop. Zacks Research
• Positive Sentiment: Management has a $1.5B buyback authorization (announced Jan. 7), which can support the stock and offset selling pressure.
• Neutral Sentiment: CoStar has publicly pushed back on D. E. Shaw’s claims with corrections and rebuttals — this clarifies the company’s position but doesn’t eliminate investor questions. CoStar Corrects D.E. Shaw Claims Investing.com Coverage
• Neutral Sentiment: Analyst coverage remains mixed: consensus is a “Moderate Buy” with an average target ~ $73, but several firms have cut targets recently — keeps outlook mixed.
• Neutral Sentiment: Short-interest reporting shows inconsistent feeds (some notices list 0 shares due to data errors). Investors should rely on the verified Feb 27 filing for accurate figures.
• Negative Sentiment: Activist investor D. E. Shaw released an open letter criticizing CoStar’s decision to reconfigure reporting segments, saying it reduces transparency and masks underperformance (Homes.com focus). That letter is driving headline risk and investor concern. D. E. Shaw Open Letter
• Negative Sentiment: Short interest rose materially in late February to ~26.15M shares (up ~35% vs. mid‑Feb), about 6.3% of shares outstanding and ~3.7 days-to-cover — increased bearish positioning can amplify downside pressure.
• Negative Sentiment: Critical media pieces (e.g., coverage questioning Homes.com performance) add reputational risk and may amplify selling amid the activist campaign. TheStreet Homes.com Critique

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.