CoStar Group (NASDAQ:CSGP) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• Wall Street Zen upgraded CoStar Group (CSGP) from "hold" to buy; overall analyst mix is 12 Buys, 5 Holds and 2 Sells with a consensus rating of Moderate Buy and a $58.59 consensus price target.
• CoStar's Q1 beat estimates (EPS $0.23 vs. $0.18; revenue $897M, +22.5% YoY), management set Q2 and FY26 guidance and the board authorized a $1.5B share buyback (up to 5.3% of shares).
• Despite the results, shares trade near their 52‑week low (~$34.7) with an extremely high trailing P/E (~579) and mixed analyst moves (e.g., Wells Fargo cut its target to $33), signaling continued valuation and sentiment uncertainty.

CoStar Group (NASDAQ:CSGP - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday.

A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada lowered their price target on shares of 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 report on Tuesday, March 3rd. Citigroup lowered their price target on shares of CoStar Group from $100.00 to $70.00 and set a "buy" rating for the company in a report on Thursday, April 23rd. BTIG Research reaffirmed a "buy" rating and set a $55.00 price target on shares of CoStar Group in a report on Wednesday. Finally, Jefferies Financial Group raised shares of CoStar Group from a "hold" rating to a "buy" rating and set a $67.00 price target for the company in a report on Friday, February 20th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $58.59.

CoStar Group Stock Performance

Shares of CSGP stock opened at $34.72 on Friday. The company's fifty day simple moving average is $41.78 and its 200-day simple moving average is $57.04. CoStar Group has a 52 week low of $33.31 and a 52 week high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.84 and a debt-to-equity ratio of 0.13. The company has a market cap of $14.58 billion, a PE ratio of 578.76, a P/E/G ratio of 0.91 and a beta of 0.75.

CoStar Group (NASDAQ:CSGP - Get Free Report) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same quarter last year, the firm posted ($0.04) EPS. The business's revenue for the quarter was up 22.5% compared to the same quarter last year. 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 anticipate that CoStar Group will post 1.02 EPS for the current year.

CoStar Group declared that its Board of Directors has authorized a stock buyback program on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to purchase up to 5.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Louise S. Sams acquired 1,000 shares of the firm's stock in a transaction on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, with a total value of $48,360.00. Following the acquisition, the director directly owned 20,409 shares in the company, valued at approximately $986,979.24. The trade was a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.09% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in CoStar Group by 58.0% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 155,726 shares of the technology company's stock worth $6,282,000 after acquiring an additional 57,142 shares in the last quarter. Fifth Third Bancorp grew its holdings in CoStar Group by 926.4% during the 1st quarter. Fifth Third Bancorp now owns 80,738 shares of the technology company's stock worth $3,257,000 after acquiring an additional 72,872 shares in the last quarter. Candriam S.C.A. grew its holdings in CoStar Group by 14.8% during the 1st quarter. Candriam S.C.A. now owns 21,512 shares of the technology company's stock worth $868,000 after acquiring an additional 2,773 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in CoStar Group by 4.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 51,688 shares of the technology company's stock worth $2,085,000 after acquiring an additional 2,324 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. grew its holdings in CoStar Group by 4.6% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 131,014 shares of the technology company's stock worth $5,298,000 after acquiring an additional 5,737 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting CoStar Group

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

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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