CoStar Group (NASDAQ:CSGP) Shares Gap Up – What’s Next?

Posted by Brian Himes on Oct 24th, 2026

CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $32.90, but opened at $33.98. CoStar Group shares last traded at $34.6890, with a volume of 705,972 shares traded.

Wall Street Analyst Weigh In

CSGP has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Monday, September 21st. Wall Street Zen downgraded CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and cut their price target for the company from $41.00 to $29.00 in a report on Wednesday, July 29th. Finally, Robert W. Baird set a $34.00 price objective on CoStar Group and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CoStar Group has a consensus rating of “Hold” and a consensus price target of $40.11.

Check Out Our Latest Stock Analysis on CSGP

CoStar Group Trading Down 4.3%

The business’s 50 day moving average price is $30.49 and its 200-day moving average price is $31.80. The company has a market cap of $13.74 billion, a price-to-earnings ratio of 178.54, a PEG ratio of 0.90 and a beta of 0.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21.

CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm’s revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, research analysts forecast that CoStar Group, Inc. will post 1.07 EPS for the current year.

Insider Activity at CoStar Group

In other news, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. This represents a 20.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew Florance bought 83,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $29.89 per share, with a total value of $2,489,837.00. Following the transaction, the chief executive officer directly owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.18% of the company’s stock.

Hedge Funds Weigh In On CoStar Group

Several institutional investors have recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC bought a new position in CoStar Group in the second quarter valued at about $33,000. Pin Oak Investment Advisors Inc. bought a new stake in CoStar Group during the 2nd quarter worth about $47,000. CYBER HORNET ETFs LLC raised its holdings in CoStar Group by 50.8% during the 2nd quarter. CYBER HORNET ETFs LLC now owns 1,757 shares of the technology company’s stock worth $50,000 after purchasing an additional 592 shares during the last quarter. Root Financial Partners LLC acquired a new position in CoStar Group during the 3rd quarter valued at about $48,000. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in CoStar Group during the 2nd quarter valued at about $59,000. 96.60% of the stock is owned by institutional investors.

About CoStar Group

(Get Free Report)

CoStar Group, Inc is a provider of information, analytics, and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes, and distributes property and market data to real estate professionals, investors, lenders, and other businesses.

Its brands and services include CoStar, which offers commercial real estate data and research; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.