Zillow Group (NASDAQ:ZG) Price Target Lowered to $46.00 at Piper Sandler

Posted by Brian Himes on Aug 7th, 2026

Zillow Group (NASDAQ:ZG – Get Free Report) had its target price cut by Piper Sandler from $55.00 to $46.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. Piper Sandler’s price objective indicates a potential upside of 35.15% from the stock’s previous close.

ZG has been the subject of several other reports. Royal Bank Of Canada lowered their price target on shares of Zillow Group from $70.00 to $55.00 and set an “outperform” rating for the company in a report on Thursday. Benchmark lowered their target price on Zillow Group from $110.00 to $80.00 and set a “buy” rating for the company in a report on Thursday. Susquehanna reduced their price target on Zillow Group from $50.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday. Cantor Fitzgerald reduced their price target on Zillow Group from $34.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group cut their price objective on Zillow Group from $53.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, June 12th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $53.86.

Read Our Latest Analysis on Zillow Group

Zillow Group Stock Up 0.8%

Shares of ZG stock traded up $0.28 on Friday, reaching $34.04. The company had a trading volume of 802,426 shares, compared to its average volume of 1,197,341. The stock has a market capitalization of $7.79 billion, a PE ratio of 153.61, a price-to-earnings-growth ratio of 1.58 and a beta of 1.95. Zillow Group has a one year low of $29.03 and a one year high of $90.22. The business’s 50-day moving average is $33.19 and its 200 day moving average is $41.59.

Zillow Group (NASDAQ:ZG – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.08. The company had revenue of $772.00 million for the quarter, compared to analyst estimates of $758.25 million. Zillow Group had a net margin of 1.96% and a return on equity of 2.27%. The firm’s revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 EPS. On average, sell-side analysts forecast that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $37.23, for a total transaction of $125,241.72. Following the transaction, the general counsel directly owned 65,245 shares in the company, valued at approximately $2,429,071.35. This represents a 4.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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, CFO Jeremy Hofmann sold 5,501 shares of Zillow Group stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $205,737.40. Following the completion of the sale, the chief financial officer owned 68,315 shares of the company’s stock, valued at $2,554,981. This represents a 7.45% 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. Insiders sold 42,910 shares of company stock worth $1,605,732 over the last three months. Insiders own 29.88% of the company’s stock.

Institutional Investors Weigh In On Zillow Group

Large investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in Zillow Group during the 4th quarter worth approximately $152,050,000. Independent Franchise Partners LLP lifted its stake in shares of Zillow Group by 1.1% in 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 buying an additional 21,862 shares in the last quarter. M&T Bank Corp grew its holdings in shares of 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 buying an additional 1,600,097 shares during the last quarter. Tiger Global Management LLC grew its holdings in shares of Zillow Group by 30.7% during the fourth quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock valued at $69,849,000 after buying an additional 240,690 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Zillow Group by 44.5% during the fourth quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock worth $69,489,000 after acquiring an additional 313,643 shares in the last quarter. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Zillow Group News Roundup

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

Positive Sentiment: Second-quarter results exceeded expectations. Zillow reported adjusted earnings of $0.52 per share versus the $0.44 consensus, while revenue rose 17.9% year over year to $772 million, surpassing estimates of $758.25 million. Growth in mortgage and rental businesses supported the results. Zillow Q2 Earnings Surpass Estimates on Solid Revenue Growth
Positive Sentiment: Some analysts still see substantial upside. Citizens JMP maintained a “market outperform” rating with a $46 target, while Benchmark and DA Davidson retained “buy” ratings with targets of $80 and $50, respectively. Analyst Price Target Updates
Neutral Sentiment: Analyst opinion is increasingly divided. Wells Fargo cut its target to $35 and assigned an “equal weight” rating; Susquehanna lowered its target to $38 with a “neutral” rating. Evercore downgraded the stock from “outperform” to “hold” but set a $40 target, while Zacks Research moved from “strong buy” to “hold.” Analyst Ratings and Targets
Negative Sentiment: Forward expectations disappointed investors. Zillow forecast third-quarter revenue of $745 million to $760 million, below the $772.3 million consensus, and full-year revenue of $2.9 billion to $3.0 billion versus expectations near $3.0 billion. A $36 million restructuring charge also contributed to a reported $4 million quarterly loss, despite the adjusted earnings beat. Zillow Stock Sinks Despite Q2 Earnings Beat
Negative Sentiment: Housing indicators point to a slower second half. Although July home sales increased 7% year over year, newly pending sales fell sharply from June as mortgage rates reached a one-year high. RBC also cited near-term pressure from Zillow’s shift toward its preferred model. Zillow July Market Report
Negative Sentiment: Investor litigation headlines add risk. Multiple law firms reminded investors of an August 10 deadline to seek lead-plaintiff status in securities-fraud litigation covering purchases between February 11, 2025 and May 7, 2026. Zillow Securities-Fraud Class Action Notice

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.