Zillow Group (NASDAQ:ZG) Price Target Cut to $34.00 by Analysts at Sanford C. Bernstein

Posted by Geri Gentry on Nov 6th, 2026

Zillow Group (NASDAQ:ZG – Free Report) had its price objective decreased by Sanford C. Bernstein from $38.00 to $34.00 in a research report report published on Thursday,Benzinga reports. Sanford C. Bernstein currently has a market perform rating on the technology company’s stock.

Other equities analysts have also issued reports about the company. DA Davidson lowered their target price on Zillow Group from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Evercore reaffirmed a “reduce” rating and issued a $35.00 target price on shares of Zillow Group in a report on Thursday. Wells Fargo & Company set a $21.00 price target on shares of Zillow Group in a research note on Monday, October 12th. Canaccord Genuity Group dropped their price objective on shares of Zillow Group from $52.00 to $40.00 and set a “hold” rating on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Zillow Group in a report on Wednesday, August 19th. Ten investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $48.95.

Read Our Latest Report on Zillow Group

Zillow Group Stock Performance

NASDAQ:ZG opened at $31.21 on Thursday. The firm has a market cap of $7.02 billion, a P/E ratio of -60.02, a P/E/G ratio of 1.47 and a beta of 1.95. The firm’s fifty day moving average is $31.72 and its 200-day moving average is $38.68. Zillow Group has a 52 week low of $27.25 and a 52 week high of $74.80.

Zillow Group (NASDAQ:ZG – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The technology company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.05). The business had revenue of $724.00 million for the quarter, compared to analyst estimates of $753.66 million. Zillow Group had a positive return on equity of 3.18% and a negative net margin of 3.95%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 earnings per share. As a group, sell-side analysts anticipate that Zillow Group will post 0.91 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Jeremy Wacksman sold 9,339 shares of Zillow Group stock in a transaction on Monday, August 17th. The stock was sold at an average price of $34.18, for a total value of $319,207.02. Following the transaction, the chief executive officer directly owned 138,574 shares in the company, valued at approximately $4,736,459.32. This trade represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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, insider Errol G. Samuelson sold 3,154 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $34.24, for a total transaction of $107,992.96. Following the sale, the insider directly owned 130,885 shares of the company’s stock, valued at approximately $4,481,502.40. The trade was a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 38,539 shares of company stock worth $1,323,800 in the last quarter. Company insiders own 29.88% of the company’s stock.

Institutional Trading of Zillow Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its position in shares of Zillow Group by 183.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 984 shares of the technology company’s stock valued at $41,000 after purchasing an additional 637 shares during the last quarter. NewEdge Advisors LLC grew its position in Zillow Group by 6.7% during the 1st quarter. NewEdge Advisors LLC now owns 11,071 shares of the technology company’s stock worth $458,000 after purchasing an additional 699 shares during the period. Public Employees Retirement System of Ohio raised its position in Zillow Group by 4.7% during the first quarter. Public Employees Retirement System of Ohio now owns 15,433 shares of the technology company’s stock valued at $639,000 after acquiring an additional 699 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Zillow Group during the 2nd quarter valued at approximately $29,000. Finally, Fifth Third Bancorp raised its position 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 worth $42,000 after acquiring an additional 921 shares during the period. Hedge funds and other institutional investors own 20.32% of the company’s stock.

Zillow Group News Roundup

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

Positive Sentiment: Piper Sandler kept its “overweight” rating and Citizens JMP maintained “market outperform”; although both lowered their price targets, the new targets of $39 and $40 remain above the recent share price. Piper Sandler analyst update Citizens JMP analyst update
Neutral Sentiment: Third-quarter revenue increased 7.1% year over year to $724 million, with rentals helping cushion weakness in home sales. That growth was below analysts’ $753.7 million estimate. Zillow revenue and rentals report
Negative Sentiment: Zillow reported Q3 adjusted earnings of $0.55 per share, below the $0.60 consensus, while revenue also missed expectations. The shortfall weighed on sentiment despite earnings being higher than a year earlier. Zillow Q3 earnings results
Negative Sentiment: Zillow’s October market report showed preliminary existing-home sales down 8.7% year over year and newly pending listings down 16.8%—the steepest annual decline since August 2023. A weaker sales pipeline could constrain future industry activity and Zillow’s growth. Zillow October Market Report
Negative Sentiment: Several firms reduced their targets: Wells Fargo cut its target to $30 and kept an “equal weight” rating; Bernstein lowered its target to $34 with “market perform”; Cantor Fitzgerald cut to $26 and “neutral.” These reductions reinforce concerns about near-term upside. Analyst target changes

About Zillow Group

(Get Free Report)

Zillow Group, Inc is a digital real estate company that operates online marketplaces and technology platforms for consumers, real estate professionals, and other housing industry participants. Its services are designed to help people search for homes, understand property values, connect with agents, and manage transactions throughout the residential real estate process.

The company’s portfolio includes Zillow, Trulia, StreetEasy, HotPads, and ShowingTime+. Zillow provides home listings, estimated property values, rental information, agent connections, mortgage resources, and other housing-related tools.