CoStar Group (NASDAQ:CSGP) Issues Quarterly Earnings Results

Posted by Francis Steltz on Jul 28th, 2026

CoStar Group (NASDAQ:CSGP – Get Free Report) announced its earnings results on Tuesday. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03, FiscalAI reports. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. CoStar Group updated its Q3 2026 guidance to 0.310-0.340 EPS and its FY 2026 guidance to 1.320-1.390 EPS.

CoStar Group Trading Up 4.0%

NASDAQ:CSGP traded up $1.16 on Tuesday, hitting $30.33. The stock had a trading volume of 9,361,541 shares, compared to its average volume of 7,216,096. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13. The stock has a market cap of $12.39 billion, a price-to-earnings ratio of 505.58, a PEG ratio of 0.71 and a beta of 0.74. The company has a fifty day moving average price of $30.90 and a two-hundred day moving average price of $40.87. CoStar Group has a 1-year low of $26.68 and a 1-year high of $97.43.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CSGP. JPMorgan Chase & Co. lowered their price objective on CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Wells Fargo & Company set a $26.00 price objective on CoStar Group and gave the company an “underweight” rating in a research note on Wednesday, June 24th. Citigroup lowered their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group set a $46.00 target price on shares of CoStar Group and gave the company a “buy” rating in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada set a $34.00 price target on shares of CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Twelve equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.50.

Get Our Latest Report on CSGP

Trending Headlines about CoStar Group

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

Positive Sentiment: CoStar reported quarterly EPS of $0.32, exceeding the consensus estimate of $0.29. Revenue reached $925 million, an 18% increase from the prior year, although it was slightly below the $928.8 million estimate. CoStar Group earnings press release
Positive Sentiment: The company described the second quarter as a profitability inflection, highlighting an 817% increase in net income and more than a doubling of adjusted EBITDA year over year. Net new bookings also rose 3% sequentially to $69 million, supporting expectations for continued business growth. CoStar Group Q2 2026 results
Positive Sentiment: Full-year 2026 EPS guidance of $1.32–$1.39 is above the $1.29 analyst consensus, signaling management expects better annual profitability than currently modeled.
Neutral Sentiment: Investor optimism ahead of earnings, bargain hunting after the stock’s sharp decline from its 52-week high, and reported insider purchases likely contributed to the recent buying interest. These signals are supportive but are less important than the company’s operating results and guidance.
Negative Sentiment: CoStar’s third-quarter EPS guidance of $0.31–$0.34 falls below the $0.36 consensus estimate, while revenue guidance of $935–$945 million is well below the $970.1 million forecast. Full-year revenue guidance of $3.7–$3.8 billion also has a midpoint below the $3.8 billion consensus, raising concerns about near-term growth and execution.

Insider Activity

In other news, CEO Andrew C. Florance purchased 71,430 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the acquisition, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This represents a 4.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.18% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. DV Equities LLC acquired a new stake in CoStar Group during the fourth quarter worth $40,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of CoStar Group in the 3rd quarter valued at $48,000. Pin Oak Investment Advisors Inc. grew its holdings in shares of CoStar Group by 117.0% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 1,033 shares of the technology company’s stock worth $69,000 after purchasing an additional 557 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of CoStar Group by 144.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 865 shares of the technology company’s stock worth $69,000 after purchasing an additional 511 shares during the period. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

About CoStar Group

(Get Free Report)

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.