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

CoStar Group (NASDAQ:CSGP) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.220-1.330 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.6 billion.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CSGP shares. Robert W. Baird set a $73.00 price target on shares of CoStar Group in a report on Wednesday. BTIG Research set a $60.00 target price on CoStar Group in a research report on Thursday. Keefe, Bruyette & Woods cut their target price on CoStar Group from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday. Needham & Company LLC decreased their price target on CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $68.00 price objective on CoStar Group in a research report on Thursday, January 8th. One equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and an average target price of $74.47.

CoStar Group Stock Down 8.9%

Shares of CoStar Group stock opened at $44.78 on Thursday. The stock’s 50-day moving average is $59.23 and its 200 day moving average is $71.44. CoStar Group has a one year low of $43.17 and a one year high of $97.43. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 4,482.48, a PEG ratio of 1.29 and a beta of 0.84. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12.

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

CoStar Group declared that its board has initiated a share buyback plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Trending Headlines about CoStar Group

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

• Positive Sentiment: Company raised FY2026 guidance well above street expectations — management gave FY26 adjusted EPS of $1.220–1.330 vs. a ~1.00 consensus and revenue guidance around $3.8B vs. ~$3.6B expected; that upside to full‑year results supports better forward profitability assumptions and likely drove buying interest.
• Positive Sentiment: Q4 results beat estimates — CoStar reported $0.31 EPS (vs. $0.27 consensus) and $900M revenue (vs. ~$892M est.), with double‑digit revenue growth and strong bookings cited on the call, which confirms demand across its marketplaces and subscription services. CoStar Group (CSGP) Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: CoStar data shows London office yield compression — Company research reports a sharp fall in London office yields in 2025 (to 5.9%), signaling improving commercial real‑estate transaction activity in a major market that underpins demand for CoStar’s data, analytics and transaction services. CoStar Data Show Sharp London Office Yield Compression in 2025
• Neutral Sentiment: Apartments.com rent report shows modest U.S. rent growth — February rental data showed rents continuing to inch higher (national average ~$1,716), which supports the fundamentals for CoStar’s multifamily marketplace but is a gradual trend rather than a catalyst. Apartments.com Releases Multifamily Rent Growth Report for February 2026
• Neutral Sentiment: Corporate disclosure change — CoStar will use its website as a primary channel for investor disclosures; procedural change with limited direct impact on fundamentals but improves information access for investors. CoStar Expands Use of Website for Investor Disclosures
• Negative Sentiment: Q1 2026 guidance disappointed — CoStar gave Q1 EPS guidance of $0.160–0.190 vs. consensus ~ $0.23, and revenue guidance slightly below some estimates; the softer near‑term outlook appears to have triggered profit‑taking despite the stronger FY guide.
• Negative Sentiment: Analysts cut forecasts and trimmed price targets — Multiple firms (Goldman, RBC, Needham, Wells Fargo, Keefe Bruyette & Woods, others) lowered targets and adjusted models after the quarter; those downgrades amplify selling pressure and shorten the runway for near‑term upside. CoStar Group Analysts Cut Their Forecasts Following Q4 Results
• Negative Sentiment: Market headlines emphasized the “weak outlook” angle — outlets noted that despite beats, the guidance mix (soft Q1, mid‑range FY midpoint below some models) led to share weakness as investors refocused on near‑term growth. CoStar Group beats Q4 estimates but shares dip on weak outlook

Hedge Funds Weigh In On CoStar Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Viking Global Investors LP bought a new stake in CoStar Group in the 2nd quarter valued at about $258,773,000. Ion Asset Management Ltd. boosted its holdings in CoStar Group by 730.3% in the second quarter. Ion Asset Management Ltd. now owns 1,169,833 shares of the technology company’s stock worth $94,055,000 after acquiring an additional 1,028,933 shares in the last quarter. Amundi boosted its holdings in CoStar Group by 31.2% in the fourth quarter. Amundi now owns 4,114,516 shares of the technology company’s stock worth $276,660,000 after acquiring an additional 979,380 shares in the last quarter. Invesco Ltd. grew its stake in CoStar Group by 18.7% in the fourth quarter. Invesco Ltd. now owns 5,387,056 shares of the technology company’s stock valued at $362,226,000 after acquiring an additional 849,713 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of CoStar Group by 5,664.9% during the fourth quarter. Squarepoint Ops LLC now owns 795,563 shares of the technology company’s stock valued at $53,494,000 after acquiring an additional 781,763 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

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.