CoStar Group (NASDAQ:CSGP) Issues FY 2026 Earnings Guidance

CoStar Group (NASDAQ:CSGP) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.320-1.390 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.8 billion. CoStar Group also updated its Q3 2026 guidance to 0.310-0.340 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wolfe Research reissued an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a research report on Wednesday. Citizens Jmp cut their price objective on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. lowered their target price on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $29.00 price objective (down from $41.00) on shares of CoStar Group in a research note on Wednesday. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $44.67.

CoStar Group Stock Performance

NASDAQ CSGP traded down $1.01 during trading on Wednesday, reaching $29.32. The company’s stock had a trading volume of 7,973,538 shares, compared to its average volume of 7,222,417. The business’s fifty day moving average price is $30.83 and its 200-day moving average price is $40.64. CoStar Group has a twelve month low of $25.89 and a twelve month high of $97.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The firm has a market cap of $11.97 billion, a price-to-earnings ratio of 488.13, a P/E/G ratio of 0.75 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period last year, the firm earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, analysts anticipate that CoStar Group will post 1.03 EPS for the current fiscal year.

Insider Transactions at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance bought 71,430 shares of CoStar Group stock in a transaction on Friday, May 1st. The stock was bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.18% of the company’s stock.

CoStar Group News Summary

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

• Positive Sentiment: CoStar reported second-quarter revenue of $925 million, up 18.4% year over year, while adjusted EPS of $0.32 exceeded analyst expectations of approximately $0.28–$0.29. Net income rose sharply and adjusted EBITDA more than doubled, supporting management’s profitability-improvement strategy. CoStar Group Q2 2026 Results
• Positive Sentiment: Full-year 2026 EPS guidance of $1.32–$1.39 is above the roughly $1.29 consensus estimate, indicating confidence in continued earnings growth despite near-term revenue concerns.
• Positive Sentiment: BTIG, Needham and Citizens JMP maintained bullish views, assigning buy or market-outperform ratings and price targets of $42, $40 and $35, respectively. These targets imply substantial potential upside from recent trading levels. Benzinga analyst coverage
• Neutral Sentiment: William Blair reaffirmed a market-perform rating, while Keefe, Bruyette & Woods kept its market-perform rating but reduced its target to $29 from $41, reflecting a more cautious view of near-term execution.
• Negative Sentiment: Third-quarter guidance was the primary negative catalyst: CoStar forecast EPS of $0.31–$0.34 versus consensus of $0.36 and revenue of $935–$945 million versus expectations of approximately $970 million. The outlook suggests slower near-term growth and likely contributed to the stock’s decline.
• Negative Sentiment: Although quarterly earnings exceeded estimates, revenue was slightly below consensus and net new bookings increased only 3% sequentially to $69 million, raising questions about demand momentum.
• Negative Sentiment: The broad analyst response was cautious: Citizens JMP, BTIG and Needham all lowered their price targets, while KBW’s sharply reduced target implies limited upside. The revisions suggest that analysts are adjusting valuation assumptions after the weaker third-quarter outlook.

Institutional Investors Weigh In On CoStar Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC lifted its holdings in CoStar Group by 9.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after purchasing an additional 426 shares in the last quarter. NewEdge Advisors LLC grew its position in CoStar Group by 727.5% during the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after acquiring an additional 1,295 shares during the period. Jones Financial Companies Lllp increased its position in CoStar Group by 860.7% during the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock worth $1,006,000 after purchasing an additional 11,370 shares in the last quarter. Empowered Funds LLC increased its position in shares of CoStar Group by 9.2% in the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock worth $629,000 after acquiring an additional 666 shares in the last quarter. Finally, Woodline Partners LP boosted its position in CoStar Group by 44.6% during the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock worth $2,821,000 after purchasing an additional 10,984 shares during the period. Hedge funds and other institutional investors own 96.60% of the company’s stock.

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.