Zillow Group (NASDAQ:ZG) Upgraded by Zacks Research to “Strong-Buy” Rating

Posted by Brian Himes on Jul 8th, 2026

Zacks Research upgraded shares of Zillow Group (NASDAQ:ZG – Free Report) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

A number of other analysts have also commented on the company. Sanford C. Bernstein raised Zillow Group from an “outperform” rating to a “buy” rating in a research note on Tuesday, May 26th. Canaccord Genuity Group lowered their price objective on Zillow Group from $72.00 to $52.00 and set a “hold” rating for the company in a research note on Thursday, May 7th. Barclays dropped their target price on shares of Zillow Group from $58.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Friday, May 8th. Piper Sandler dropped their price objective on Zillow Group from $70.00 to $55.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Finally, Citigroup reiterated a “market outperform” rating on shares of Zillow Group in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.48.

Read Our Latest Report on ZG

Zillow Group Stock Performance

Shares of Zillow Group stock opened at $32.69 on Monday. The company has a fifty day moving average of $36.15 and a 200-day moving average of $46.94. Zillow Group has a 52-week low of $29.03 and a 52-week high of $90.22. The stock has a market capitalization of $7.48 billion, a price-to-earnings ratio of 130.76, a price-to-earnings-growth ratio of 1.41 and a beta of 1.95.

Zillow Group (NASDAQ:ZG – Get Free Report) last released its earnings results 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 company had revenue of $708.00 million during the quarter, compared to analyst estimates of $705.17 million. During the same quarter in the previous year, the company posted $0.41 EPS. Zillow Group’s revenue for the quarter was up 18.4% on a year-over-year basis. On average, equities research analysts forecast that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling at Zillow Group

In related news, insider Dan Spaulding sold 3,078 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $115,117.20. Following the completion of the transaction, the insider owned 49,696 shares in the company, valued at approximately $1,858,630.40. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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. Also, CEO Jeremy Wacksman sold 9,072 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $36.54, for a total value of $331,490.88. Following the transaction, the chief executive officer owned 153,699 shares of the company’s stock, valued at approximately $5,616,161.46. The trade was a 5.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 42,910 shares of company stock valued at $1,605,732. 29.88% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC increased its holdings in shares of Zillow Group by 6.7% in the 1st quarter. NewEdge Advisors LLC now owns 11,071 shares of the technology company’s stock worth $458,000 after buying an additional 699 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of Zillow Group during the 1st quarter worth approximately $398,000. EverSource Wealth Advisors LLC lifted its position in shares of 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 last quarter. Empowered Funds LLC boosted its position in Zillow Group by 60.3% in the 1st quarter. Empowered Funds LLC now owns 10,060 shares of the technology company’s stock valued at $416,000 after buying an additional 3,784 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in shares of Zillow Group by 106.6% in the first quarter. Quantinno Capital Management LP now owns 176,052 shares of the technology company’s stock valued at $7,287,000 after purchasing an additional 90,858 shares during the period. 20.32% of the stock is owned by hedge funds and other institutional investors.

Key Zillow Group News

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 Company Profile

(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.