CoStar Group (NASDAQ:CSGP) Reaches New 12-Month Low on Analyst Downgrade

Shares of CoStar Group, Inc. (NASDAQ:CSGP) hit a new 52-week low during mid-day trading on Wednesday after Wells Fargo & Company lowered their price target on the stock from $48.00 to $44.00. Wells Fargo & Company currently has an underweight rating on the stock. CoStar Group traded as low as $43.50 and last traded at $45.7140, with a volume of 2711827 shares. The stock had previously closed at $49.15.

A number of other research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft set a $68.00 target price on CoStar Group in a research report on Thursday, January 8th. Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a report on Friday. BNP Paribas Exane initiated coverage on shares of CoStar Group in a research report on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 target price on the stock. Bank of America set a $74.00 price target on shares of CoStar Group in a research report on Wednesday, January 7th. Finally, BTIG Research upgraded CoStar Group from a “neutral” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $78.18.

CoStar Group News Summary

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

• Positive Sentiment: Q4 results beat expectations — CoStar reported $0.31 EPS and $900M revenue, topping consensus and showing 26.9% YoY revenue growth, which supports near‑term topline momentum. CoStar Group (CSGP) Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Apartments.com rent report shows continued, if modest, U.S. apartment rent growth (national average $1,716, +0.1% month), signaling stabilization in the core rental market that supports CoStar’s marketplace franchises. Apartments.com Releases Multifamily Rent Growth Report for February 2026
• Neutral Sentiment: Analysts lowered price targets but kept positive ratings — Needham cut its target to $60 while maintaining a Buy, noting strong FY25 finish and bookings/digitization progress; Citizens Jmp trimmed its target to $73 but kept an outperform stance. These actions temper upside expectations but preserve analyst support. CoStar Group: Strong FY25 Finish, Robust Bookings Growth, and Digitization Progress Support Buy Rating Despite Lowered $60 Target Benzinga
• Neutral Sentiment: Corporate disclosure change — CoStar expanded use of its website for investor disclosures, a governance/communication update that improves transparency but has limited direct earnings impact. CoStar Expands Use of Website for Investor Disclosures
• Negative Sentiment: Weaker Q1 guidance pressured sentiment — management set Q1 EPS guidance of $0.160–0.190 (vs. consensus ~$0.23) and revenue guidance just below Street expectations, which spooked near‑term traders and prompted some share weakness after the print. CoStar Group beats Q4 estimates but shares dip on weak outlook

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. ING Groep NV grew its stake in shares of CoStar Group by 1,950.5% in the 3rd quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock valued at $10,804,000 after buying an additional 121,807 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in CoStar Group by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock valued at $14,459,000 after acquiring an additional 21,225 shares during the last quarter. UMB Bank n.a. grew its position in CoStar Group by 51.6% in the third quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock worth $19,009,000 after acquiring an additional 76,720 shares during the period. Swedbank AB increased its stake in CoStar Group by 21.0% during the third quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock worth $25,510,000 after acquiring an additional 52,433 shares during the last quarter. Finally, Generali Asset Management SPA SGR raised its position in CoStar Group by 641.8% in the third quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company’s stock valued at $2,015,000 after purchasing an additional 20,661 shares during the period. 96.60% of the stock is owned by hedge funds and other institutional investors.

CoStar Group Price Performance

The stock has a 50-day simple moving average of $59.63 and a 200 day simple moving average of $71.63. The company has a market cap of $19.48 billion, a PE ratio of 920.82, a P/E/G ratio of 1.26 and a beta of 0.84. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm 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 2.45% and a net margin of 0.66%.The company’s quarterly revenue was up 26.9% on a year-over-year basis. During the same period last year, the company earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Equities analysts expect that CoStar Group, Inc. will post 0.94 EPS for the current year.

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

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.