Brokerages Set Zillow Group, Inc. (NASDAQ:ZG) Target Price at $69.43

Shares of Zillow Group, Inc. (NASDAQ:ZGGet Free Report) have been assigned an average rating of “Hold” from the twenty-six research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $69.4762.

A number of equities research analysts recently issued reports on the company. Cantor Fitzgerald dropped their target price on Zillow Group from $56.00 to $46.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 25th. Zacks Research downgraded Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. BTIG Research reaffirmed a “neutral” rating on shares of Zillow Group in a research note on Thursday, June 11th. Canaccord Genuity Group lowered their price objective on shares of Zillow Group from $72.00 to $52.00 and set a “hold” rating on the stock in a report on Thursday, May 7th. Finally, Barclays cut their price objective on shares of Zillow Group from $58.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Friday, May 8th.

Check Out Our Latest Stock Analysis on ZG

Key Headlines Impacting Zillow Group

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

  • Positive Sentiment: Wells Fargo raised its price target on Zillow Group to $46 from $45, indicating modestly improved valuation expectations despite maintaining an equal-weight rating.
  • Positive Sentiment: Zillow’s June Market Report showed home sales up 5.9% year over year and new listings up 3%, signaling a possible pickup in housing activity that could benefit the platform. Article Title
  • Neutral Sentiment: Zillow said it will announce second-quarter 2026 results on August 5, which could become the next major catalyst for the stock as investors look for signs of revenue and margin momentum. Article Title
  • Negative Sentiment: New securities-fraud lawsuits and repeated deadline reminders create legal and regulatory overhang for Zillow Group, increasing uncertainty and potentially weighing on investor confidence. Article Title

Zillow Group Trading Down 0.8%

Shares of NASDAQ ZG opened at $32.69 on Friday. The firm has a market cap of $7.48 billion, a PE ratio of 130.76, a PEG ratio of 1.41 and a beta of 1.95. Zillow Group has a 1-year low of $29.03 and a 1-year high of $90.22. The company has a fifty day moving average price of $36.15 and a 200 day moving average price of $46.94.

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

Insider Buying and Selling at Zillow Group

In other Zillow Group news, Director Erik C. Blachford sold 791 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $34.80, for a total value of $27,526.80. Following the completion of the transaction, the director directly owned 34,952 shares in the company, valued at $1,216,329.60. This trade represents a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Hofmann sold 5,501 shares of the business’s 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 $205,737.40. Following the transaction, the chief financial officer directly owned 68,315 shares in the company, valued at $2,554,981. This trade represents a 7.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold a total of 42,910 shares of company stock valued at $1,605,732 in the last ninety days. Insiders own 29.88% of the company’s stock.

Institutional Trading of Zillow Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arax Advisory Partners grew its position in shares of Zillow Group by 402.3% in the 4th quarter. Arax Advisory Partners now owns 442 shares of the technology company’s stock valued at $30,000 after acquiring an additional 354 shares during the period. First Command Advisory Services Inc. acquired a new stake in Zillow Group during the 4th quarter valued at $34,000. EverSource Wealth Advisors LLC boosted its position in Zillow Group by 183.6% during the first quarter. EverSource Wealth Advisors LLC now owns 984 shares of the technology company’s stock worth $41,000 after purchasing an additional 637 shares during the period. Fifth Third Bancorp increased its holdings in shares of Zillow Group by 990.3% in the first quarter. Fifth Third Bancorp now owns 1,014 shares of the technology company’s stock valued at $42,000 after purchasing an additional 921 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Zillow Group in the fourth quarter valued at $47,000. 20.32% of the stock is owned by institutional investors.

About Zillow Group

(Get Free Report)

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.

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Analyst Recommendations for Zillow Group (NASDAQ:ZG)

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