KeyCorp Cuts Zillow Group (NASDAQ:ZG) Price Target to $57.00

Posted by Stanley Muller on Aug 3rd, 2026

Zillow Group (NASDAQ:ZG – Get Free Report) had its target price dropped by equities researchers at KeyCorp from $65.00 to $57.00 in a report released on Monday,Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. KeyCorp’s target price indicates a potential upside of 61.45% from the stock’s current price.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada decreased their price target on shares of Zillow Group to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, June 10th. Wells Fargo & Company raised their target price on shares of Zillow Group from $45.00 to $46.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Mizuho lowered their target price on shares of Zillow Group from $65.00 to $53.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Piper Sandler cut their price target on Zillow Group from $70.00 to $55.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Finally, Barclays lowered their price objective on Zillow Group from $58.00 to $54.00 and set an “equal weight” rating for the company in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Zillow Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.90.

View Our Latest Report on ZG

Zillow Group Stock Performance

Shares of NASDAQ ZG traded up $0.61 during mid-day trading on Monday, hitting $35.30. 84,285 shares of the stock traded hands, compared to its average volume of 1,176,576. Zillow Group has a 52 week low of $29.03 and a 52 week high of $90.22. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 141.18, a PEG ratio of 1.48 and a beta of 1.95. The stock has a fifty day moving average price of $33.23 and a 200-day moving average price of $42.48.

Zillow Group (NASDAQ:ZG – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. The business had revenue of $708.00 million during 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 firm’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.41 earnings per share. As a group, sell-side analysts predict that Zillow Group will post 0.9 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Errol G. Samuelson sold 2,939 shares of the business’s stock in a transaction 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 $5,089,460.83. The trade was a 2.15% 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 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 company’s stock in a transaction on 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 directly owned 153,699 shares in the company, valued at approximately $5,616,161.46. The trade was a 5.57% decrease in their ownership of the stock. 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. Insiders sold 42,910 shares of company stock worth $1,605,732 over the last 90 days. 29.88% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Zillow Group

A number of hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Zillow Group during the 4th quarter valued at about $152,050,000. Independent Franchise Partners LLP lifted its position in Zillow Group by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 2,024,556 shares of the technology company’s stock valued at $138,135,000 after purchasing an additional 21,862 shares during the period. M&T Bank Corp lifted its position in Zillow Group by 38,344.0% during the fourth quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after purchasing an additional 1,600,097 shares during the period. Tiger Global Management LLC boosted its holdings in Zillow Group by 30.7% in the fourth quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock worth $69,849,000 after purchasing an additional 240,690 shares during the last quarter. Finally, UBS Group AG raised its stake in Zillow Group by 44.5% during the 4th quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock valued at $69,489,000 after buying an additional 313,643 shares during the last quarter. Hedge funds and other institutional investors own 20.32% of the company’s stock.

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.