CoStar Group (NASDAQ:CSGP) Receives Market Perform Rating from William Blair

CoStar Group (NASDAQ:CSGP)‘s stock had its “market perform” rating reissued by analysts at William Blair in a research report issued on Wednesday, Marketbeat.com reports.

Other equities research analysts have also issued reports about the stock. Wolfe Research reaffirmed an “outperform” rating and set a $32.00 price objective on shares of CoStar Group 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 on the stock in a report on Wednesday, April 29th. Benchmark started coverage on shares of CoStar Group in a research report on Thursday, June 4th. They set a “buy” rating and a $45.00 target price for the company. Needham & Company LLC cut their target price on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. Eleven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $46.17.

CoStar Group Price Performance

Shares of CoStar Group stock opened at $30.33 on Wednesday. The stock’s 50-day simple moving average is $30.83 and its 200-day simple moving average is $40.64. CoStar Group has a 52 week low of $26.68 and a 52 week high of $97.43. The company has a market capitalization of $12.39 billion, a price-to-earnings ratio of 505.58, a PEG ratio of 0.75 and a beta of 0.74. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm 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 was up 18.4% on a year-over-year basis. During the same quarter last year, the business posted $0.17 earnings per share. 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 expect that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On CoStar Group

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

Key Headlines Impacting CoStar Group

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

• Positive Sentiment: CoStar reported second-quarter adjusted earnings of $0.32 per share, above the $0.28–$0.29 analyst consensus and up from $0.17 a year earlier. Revenue rose 18.4% year over year to $925 million, while net income increased sharply and adjusted EBITDA more than doubled, signaling improving profitability. CoStar Group Q2 2026 Results
• Positive Sentiment: Net new bookings reached $69 million, up 3% from the prior quarter, supporting continued demand across CoStar’s real estate marketplaces, information and analytics businesses. Management described the results as a profitability inflection. CoStar Group Q2 2026 Earnings
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $1.32–$1.39 is above the roughly $1.29 analyst estimate, potentially reinforcing the longer-term earnings-growth story.
• Neutral Sentiment: Management’s second-quarter revenue was slightly below expectations, despite the strong year-over-year growth rate. The company also continues to trade well below its 52-week high, which may be encouraging bargain hunting and speculative buying ahead of earnings.
• Negative Sentiment: Third-quarter guidance was below consensus: adjusted EPS of $0.31–$0.34 versus $0.36 expected, and revenue of $935–$945 million versus approximately $970 million expected. The softer near-term outlook may limit the stock’s upside and explains the mixed market reaction. CoStar Q2 Earnings and Q3 Guidance

CoStar Group Company Profile

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.