CoStar Group (NASDAQ:CSGP) Price Target Cut to $73.00 by Analysts at Citizens Jmp

CoStar Group (NASDAQ:CSGP) had its price objective reduced by Citizens Jmp from $78.00 to $73.00 in a report issued on Wednesday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the technology company’s stock.

CSGP has been the topic of a number of other reports. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Monday, December 29th. BMO Capital Markets dropped their price objective on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a research note on Thursday, January 8th. Keefe, Bruyette & Woods cut their target price on shares of CoStar Group from $100.00 to $75.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. BNP Paribas Exane started coverage on CoStar Group in a research note on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 target price for the company. Finally, Jefferies Financial Group upgraded CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, CoStar Group presently has an average rating of “Moderate Buy” and a consensus target price of $74.47.

CoStar Group Trading Down 8.9%

Shares of NASDAQ CSGP opened at $44.78 on Wednesday. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The stock’s 50 day moving average price is $59.23 and its two-hundred day moving average price is $71.44. CoStar Group has a 52-week low of $43.17 and a 52-week high of $97.43. The stock has a market capitalization of $18.98 billion, a P/E ratio of 4,482.48, a PEG ratio of 1.29 and a beta of 0.84.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $900.00 million during the quarter, compared to the consensus estimate of $892.22 million. CoStar Group had a return on equity of 2.51% and a net margin of 0.23%.The business’s quarterly revenue was up 26.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, analysts anticipate that CoStar Group will post 0.94 earnings per share for the current fiscal year.

CoStar Group declared that its Board of Directors has initiated a share repurchase program 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 programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Quent Capital LLC bought a new position in shares of CoStar Group in the third quarter worth $26,000. Rossby Financial LCC raised its stake in shares of CoStar Group by 315.9% during the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after purchasing an additional 259 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in CoStar Group in the third quarter worth about $28,000. Lloyd Advisory Services LLC. bought a new position in CoStar Group in the 4th quarter valued at about $29,000. Finally, Westside Investment Management Inc. grew its position in CoStar Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

More CoStar Group News

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

• Positive Sentiment: Q4 results beat expectations — CoStar reported $0.31 EPS on $900M revenue, above consensus, with strong bookings and continued revenue growth. This supports the company’s long‑term growth thesis. CoStar Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Fall
• Positive Sentiment: Analysts and some firms still point to durable fundamentals — several analysts kept buy/outperform views (while trimming targets), citing FY25 finish, bookings growth and digitization progress as reasons to retain conviction. CoStar Group: Strong FY25 Finish, Robust Bookings Growth…
• Neutral Sentiment: Apartments.com rent report showed modest U.S. apartment rent growth in February — a sector datapoint that supports CoStar’s marketplace trends but is unlikely to move the stock materially on its own. Apartments.com Releases Multifamily Rent Growth Report for February 2026
• Neutral Sentiment: Company administrative update — CoStar expanded use of its website for investor disclosures (procedural, not material to fundamentals). CoStar Expands Use of Website for Investor Disclosures
• Neutral Sentiment: Short‑interest data in feeds shows anomalies (reported as large increase but with zero shares), indicating unreliable/immaterial short‑interest signal today.
• Negative Sentiment: Q1/FY26 guidance disappointed — management set Q1 EPS guidance (0.160–0.190) and revenue guidance below consensus, lowering near‑term earnings visibility and prompting investor selling. Listen to Conference Call / Press Release
• Negative Sentiment: Analysts cut targets and forecasts after the print — multiple firms (Goldman Sachs, RBC, Wells Fargo, Needham, Keefe, others) lowered price targets and trimmed estimates, signaling reduced near‑term expectations and contributing to downward pressure. CoStar Group Analysts Cut Their Forecasts Following Q4 Results
• Negative Sentiment: Market reaction: despite the beat, headlines emphasized the weak outlook and downward revisions, which caused shares to fall on heavier-than-normal volume. CoStar Group beats Q4 estimates but shares dip on weak outlook

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.