CoStar Group, Inc. (NASDAQ:CSGP) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst consensus: Nineteen brokerages give CoStar Group a "Moderate Buy" (12 buys, 5 holds, 2 sells) with an average 12‑month target of about $58.59.
• Q1 results and guidance: CoStar beat estimates with $0.23 EPS and $897M revenue (revenue +22.5% YoY), and set Q2 EPS guidance of $0.270–0.300 and FY26 guidance of $1.320–1.390, supporting a recovery thesis.
• Mixed sentiment and shareholder actions: Several firms trimmed price targets (e.g., Goldman to $54, Wells Fargo cut to $33 and moved to underweight) even as the board authorized a $1.5 billion buyback to repurchase up to ~5.3% of shares.

Shares of CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) have been given an average rating of "Moderate Buy" by the nineteen brokerages that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $58.5882.

A number of brokerages recently commented on CSGP. The Goldman Sachs Group lowered their target price on shares of CoStar Group from $63.00 to $54.00 and set a "buy" rating for the company in a research note on Thursday. Robert W. Baird cut their price target on CoStar Group from $73.00 to $56.00 and set an "outperform" rating on the stock in a research note on Monday, April 13th. Royal Bank Of Canada decreased their price target on CoStar Group from $75.00 to $57.00 and set a "sector perform" rating for the company in a report on Wednesday, February 25th. William Blair reaffirmed an "outperform" rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Finally, Wells Fargo & Company dropped their price objective on CoStar Group from $40.00 to $33.00 and set an "underweight" rating on the stock in a report on Thursday.

CoStar Group Stock Up 0.3%

Shares of NASDAQ:CSGP opened at $34.72 on Friday. The firm's 50 day moving average price is $41.78 and its 200 day moving average price is $56.92. The stock has a market cap of $14.58 billion, a price-to-earnings ratio of 578.76, a price-to-earnings-growth ratio of 0.91 and a beta of 0.75. CoStar Group has a fifty-two week low of $33.31 and a fifty-two week high of $97.43. The company has a quick ratio of 2.84, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company had revenue of $897.00 million during the quarter, compared to analysts' expectations of $896.73 million. During the same quarter in the previous year, the business posted ($0.04) EPS. The firm's revenue was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, equities research analysts predict that CoStar Group will post 1.03 earnings per share for the current fiscal year.

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

Key CoStar Group News

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

• Positive Sentiment: BTIG reaffirmed a Buy rating, supporting investor confidence in CoStar’s strategic growth (research support). BTIG Research Reiterates Buy Rating for CoStar Group NASDAQ: CSGP
• Positive Sentiment: Bares Capital flagged CoStar as a bullish idea, signalling activist/institutional interest that can underpin the stock. CoStar Group Inc. (CSGP): Bares Capital Is Bullish on This Stock
• Positive Sentiment: CoStar’s Q1 results showed record revenue growth, an EPS beat and management set Q2/FY26 guidance — fundamentals that support a recovery thesis. CoStar Group Inc (CSGP) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: CoStar’s data business reported modest improvement in U.K. hotel RevPAR, indicating pockets of end‑market strength but limited immediate revenue impact. CoStar Data Shows U.K. Hotel RevPAR on an Upward Trajectory
• Neutral Sentiment: Analysts and press published Q1 deep dives noting residential momentum, Homes.com gains and AI initiatives — positive structural themes but with near‑term execution risks. CSGP Q1 deep dive
• Negative Sentiment: Wells Fargo cut its price target to $33 and moved to an underweight, a clear negative that increases selling pressure. CoStar Group NASDAQ: CSGP Price Target Lowered to $33.00 at Wells Fargo & Company
• Negative Sentiment: Several firms trimmed targets — Needham to $50 and Citizens Jmp to $44 — adding to consensus downward revisions. Needham & Company LLC Lowers CoStar Group NASDAQ: CSGP Price Target to $50.00 Citizens Jmp Lowers CoStar Group NASDAQ: CSGP Price Target to $44.00
• Negative Sentiment: Goldman lowered its target to $54 (while keeping a Buy), signaling reduced upside expectations and contributing to mixed analyst tone. CoStar Group NASDAQ: CSGP Price Target Lowered to $54.00 at The Goldman Sachs Group

Insider Buying and Selling

In related news, Director Louise S. Sams purchased 1,000 shares of the company's stock in a transaction on Friday, March 6th. The shares were bought at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the purchase, the director directly owned 20,409 shares of the company's stock, valued at approximately $986,979.24. This trade represents a 5.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Quent Capital LLC purchased a new stake in CoStar Group in the third quarter valued at $26,000. Manning & Napier Advisors LLC purchased a new position in shares of CoStar Group during the third quarter worth about $28,000. Westside Investment Management Inc. grew its holdings in shares of CoStar Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company's stock worth $30,000 after purchasing an additional 180 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of CoStar Group during the third quarter worth about $31,000. Finally, Reflection Asset Management acquired a new stake in shares of CoStar Group during the fourth quarter worth about $27,000. 96.60% of the stock is owned by hedge funds and other institutional investors.

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.

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