9 stories mentioning CSGPUpdated 14d ago
Every FINWIRES story that references CSGP, newest first.
CoStar Group (CSGP) has an average rating of overweight and mean price target of $48.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CoStar Group (CSGP) shares were up 1.6% in afternoon trading on Monday after a regulatory filing showed that the company's president and chief executive officer Andy Florance bought more than 71,000 shares on Friday.Trading volume stood at more than 3 million shares against a daily average of about 6.6 million.Price: $35.26, Change: $+0.54, Percent Change: +1.56%
CoStar Group (CSGP) has an average rating of overweight and mean price target of $50.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $34.15, Change: $+0.01, Percent Change: +0.03%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We decrease our 12-month target price by $10 to $43, valuing shares at 30.9x our 2026 non-GAAP EPS estimate vs. the one-year average multiple of 64.9x. We increase our 2026 adjusted EPS estimate by $0.12 to $1.39 and leave 2027 unchanged at $1.86. Homes.com platform revenue grew to $26M (+58% Y/Y) as it added 4,300 new members with an internal analysis revealing the average subscriber earned $36K more in commissions in their first year (an 11x ROI for agents). We believe this value proposition will drive additional agent subscriber growth with CSGP already planning to raise subscription prices later this year. One notable weakness was bookings growth slowing Q/Q to 20% Y/Y, but international bookings were up 44% Y/Y from a much smaller base. We anticipate bookings will accelerate Q/Q, with Q1 being a weaker quarter due to seasonality. We now expect the activist hedge funds to be supportive of CSGP with the Homes.com outlook improving and management reducing planned marketing spend.
CoStar (CSGP) has an average rating of overweight and mean price target of $52.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $34.30, Change: $-1.67, Percent Change: -4.64%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CSGP reported Q1 2026 revenue of $897M (+22.5% Y/Y, in line with consensus estimates) compared to $732M in Q1 2025, marking the company's 60th consecutive quarter of double-digit revenue growth. Management consolidated reporting into Commercial Real Estate (55% of FY 25 revenue, +15.4% Y/Y growth) and Residential Real Estate (45% of FY 25 revenue, +32.6% Y/Y growth) segments. The sustained growth trajectory demonstrates the durability of CoStar's market-leading position in commercial real estate information services. The company has benefited from improved market conditions and continued investment in AI-powered tools. Within Commercial, the core CoStar platform's growth moderated to 8.5% Y/Y, while LoopNet accelerated to 16.4% growth, reflecting improved commercial real estate market dynamics. We believe CSGP's competitive moat in CRE data services remains intact; as such, ongoing investments in AI-powered tools should continue to drive market share expansion and revenue growth across both business segments.
CoStar (CSGP) has an average rating of overweight and mean price target of $58.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $39.12, Change: $+0.21, Percent Change: +0.54%
(Updates with CoStar's response in the fourth paragraph)CoStar (CSGP) will not face a proxy fight from activist investor Third Point, which has exited its entire position in the company, Reuters reported Friday, citing unnamed sources and a letter to investors.The hedge fund decided against pursuing a board challenge after concluding its investment thesis no longer held, according to the report.Third Point had previously signaled plans to push for major board shake-up and strategic overhaul following years of weak performance in its residential real estate segment."CoStar Group is focused on executing our proven playbook to build on our momentum as we enter our next chapter of margin expansion and profitable growth. We look forward to continuing to engage with stockholders as we continue to unlock the tremendous value of our digital ecosystem," a CoStar spokesperson toldin an emailed statement.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $36.28, Change: $-0.20, Percent Change: -0.55%
CoStar Group (CSGP) has an average rating of overweight and mean price target of $61.18, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $35.28, Change: $-1.20, Percent Change: -3.29%
