Royal Bank Of Canada Reiterates “Outperform” Rating for Zillow Group (NASDAQ:ZG)

Posted by Chris Copeland on May 21st, 2026

Zillow Group (NASDAQ:ZG – Get Free Report)‘s stock had its “outperform” rating restated by equities researchers at Royal Bank Of Canada in a report released on Thursday,Benzinga reports. They currently have a $95.00 price target on the technology company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 163.90% from the company’s current price.

A number of other brokerages have also weighed in on ZG. Mizuho lowered their price objective on Zillow Group from $65.00 to $53.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Robert W. Baird lowered their price objective on Zillow Group from $67.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Zacks Research lowered Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Susquehanna set a $50.00 price objective on Zillow Group in a research note on Thursday, February 12th. Finally, Benchmark restated a “buy” rating on shares of Zillow Group in a research note on Wednesday, February 11th. Thirteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Zillow Group has a consensus rating of “Hold” and a consensus target price of $71.24.

Get Our Latest Stock Analysis on ZG

Zillow Group Trading Down 2.5%

NASDAQ ZG traded down $0.92 during mid-day trading on Thursday, reaching $36.00. 403,437 shares of the company’s stock traded hands, compared to its average volume of 1,111,025. Zillow Group has a 1-year low of $35.11 and a 1-year high of $90.22. The company has a fifty day simple moving average of $42.45 and a 200-day simple moving average of $55.72. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 144.01, a P/E/G ratio of 1.56 and a beta of 2.04.

Zillow Group (NASDAQ:ZG – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The firm had revenue of $708.00 million during the quarter, compared to analyst estimates of $705.17 million. During the same quarter last year, the firm earned $0.41 EPS. Zillow Group’s quarterly revenue was up 18.4% on a year-over-year basis. Equities research analysts forecast that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Errol G. Samuelson sold 2,939 shares of Zillow Group stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $37.97, for a total value of $111,593.83. Following the completion of the transaction, the insider owned 134,039 shares in the company, valued at approximately $5,089,460.83. This trade represents a 2.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 that occurred on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $115,117.20. Following the completion of the transaction, the insider owned 49,696 shares of the company’s stock, valued at approximately $1,858,630.40. The trade was 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. In the last quarter, insiders have sold 33,047 shares of company stock worth $1,246,715. 29.88% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Aberdeen Group plc acquired a new position in Zillow Group during the 3rd quarter worth $2,529,000. Y Intercept Hong Kong Ltd acquired a new position in Zillow Group during the 3rd quarter worth $1,443,000. Tabor Asset Management LP acquired a new position in Zillow Group during the 3rd quarter worth $2,428,000. M&T Bank Corp boosted its position in Zillow Group by 38,344.0% during the 4th quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock worth $120,092,000 after acquiring an additional 1,600,097 shares during the period. Finally, Emmett Investment Management LP acquired a new position in Zillow Group during the 3rd quarter worth $2,860,000. Institutional investors and hedge funds own 20.32% of the company’s stock.

Trending Headlines about Zillow Group

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

Positive Sentiment: Zillow’s own market data shows home sales are rebounding in supply-rich markets like Austin, where inventory is 52% above pre-pandemic averages and homes are selling in about 17 days, suggesting healthier transaction activity that could support Zillow’s housing traffic and revenue. Home sales rebound where supply has surged
Positive Sentiment: Jefferies said stronger April housing data points to improving transaction growth in the second quarter and nearly 6% growth in housing transaction value, which could be a tailwind for Zillow Group’s core real-estate platform. Zillow seen benefiting from stronger April housing data, says Jefferies
Neutral Sentiment: Zacks highlighted Zillow Group (ZG) as a top-ranked growth stock, a sentiment that may support the bull case but does not appear to be tied to a fresh operational catalyst. Zillow Group (ZG) is a Top-Ranked Growth Stock: Should You Buy?
Negative Sentiment: Multiple law firms announced or continued securities-fraud investigations into Zillow Group, adding legal uncertainty and raising the risk of distraction, costs, or potential claims against the company. Securities Fraud Investigation Into Zillow Group, Inc. (Z, ZG) Continues
Negative Sentiment: A Midwest listings site suspended its data feed to Zillow, and a Chicago-area listing dispute suggests friction with industry partners that could hurt listing coverage and platform utility. Midwest listings site suspends its data feed to Zillow
Negative Sentiment: Separately, reporting tied Zillow’s drop to the FTC suit and the Chicago listing dispute, reinforcing concerns that regulatory and competitive pressures are weighing on the stock. Zillow Group (ZG) Is Down 8.6% After FTC Suit And Chicago Listing Dispute Hit Core Model

Zillow Group Company Profile

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Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.