Zillow Group (NASDAQ:Z) Given New $34.00 Price Target at Keefe, Bruyette & Woods

Zillow Group (NASDAQ:Z) had its target price reduced by equities researchers at Keefe, Bruyette & Woods from $37.00 to $34.00 in a report released on Friday,Benzinga reports. The firm currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 1.71% from the company’s previous close.

Several other research analysts have also weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Sanford C. Bernstein lowered Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday. UBS Group decreased their target price on Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Wall Street Zen raised Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Zacks Research downgraded shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.50.

Zillow Group Stock Down 7.4%

NASDAQ:Z opened at $33.43 on Friday. Zillow Group has a twelve month low of $29.23 and a twelve month high of $93.88. The firm has a market capitalization of $7.65 billion, a price-to-earnings ratio of 151.96, a price-to-earnings-growth ratio of 1.54 and a beta of 1.98. The stock’s 50 day moving average price is $33.08 and its two-hundred day moving average price is $41.59.

Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.45 by $0.07. The company had revenue of $772.00 million during the quarter, compared to the consensus estimate of $758.10 million. Zillow Group had a return on equity of 2.27% and a net margin of 1.96%. As a group, analysts anticipate that Zillow Group will post 0.9 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Jeremy Hofmann sold 5,501 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $205,737.40. Following the transaction, the chief financial officer directly owned 68,315 shares of the company’s stock, valued at approximately $2,554,981. This trade represents a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Dan Spaulding sold 3,078 shares of Zillow Group stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the completion of the sale, the insider owned 49,696 shares of the company’s stock, valued at $1,858,630.40. This trade represents a 5.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 42,910 shares of company stock valued at $1,605,732 in the last three months. Insiders own 25.03% of the company’s stock.

Institutional Investors Weigh In On Zillow Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. V Square Quantitative Management LLC bought a new stake in shares of Zillow Group in the fourth quarter valued at approximately $28,000. Flagship Harbor Advisors LLC acquired a new position in Zillow Group in the 4th quarter valued at $43,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Zillow Group during the 4th quarter valued at $68,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Zillow Group during the 4th quarter worth $71,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in shares of Zillow Group by 34.5% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,170 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 300 shares during the period. 71.01% of the stock is currently owned by institutional investors and hedge funds.

Zillow Group News Roundup

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

• Positive Sentiment: Zillow’s second-quarter adjusted earnings of $0.52 per share exceeded estimates of approximately $0.44–$0.45, while revenue of $772 million also topped expectations of about $758 million. Revenue increased 18% year over year. Zillow Q2 earnings report
• Positive Sentiment: July home sales rose 7% year over year, the strongest annual gain of 2026, indicating some improvement in housing transaction activity.
• Neutral Sentiment: Zillow expanded CFO Jeremy Hofmann’s responsibilities to include chief operating officer and appointed Cassandra Knight as chief legal and policy officer. The changes may support execution of Zillow’s housing “super app,” but also underscore a significant period of organizational change. Zillow executive leadership changes
• Negative Sentiment: Zillow forecast third-quarter revenue of $745 million to $760 million, below the $772.3 million consensus estimate, and projected full-year revenue of $2.9 billion to $3.0 billion versus roughly $3.0 billion expected. The soft guidance is the clearest catalyst weighing on the shares. Zillow soft outlook
• Negative Sentiment: Despite the adjusted earnings beat, Zillow reported a $4 million net loss as $36 million of restructuring costs reduced profitability. The company also plans to eliminate just over 500 positions, or about 7% of its workforce, amid a flat housing market. Zillow layoffs
• Negative Sentiment: Evercore, Sanford C. Bernstein and Zacks Research each downgraded Zillow from “strong buy” to “hold,” adding pressure to investor sentiment after the earnings release.
• Negative Sentiment: Several law firms are promoting a securities-fraud class action covering investors who purchased Zillow shares between February 11, 2025, and May 7, 2026. The August 10 lead-plaintiff deadline increases near-term litigation headlines, although the allegations remain unproven. Zillow securities class action

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.