CoStar Group (NASDAQ:CSGP) Price Target Lowered to $35.00 at Citizens Jmp

Posted by Brenda Bartman on Jul 29th, 2026

CoStar Group (NASDAQ:CSGP – Get Free Report) had its target price decreased by analysts at Citizens Jmp from $44.00 to $35.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s price target suggests a potential upside of 21.17% from the company’s previous close.

Several other analysts have also recently weighed in on the stock. Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday. Bank of America lowered their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. William Blair reiterated a “market perform” rating on shares of CoStar Group in a research report on Wednesday. Finally, Citigroup cut CoStar Group from a “market outperform” rating to a “neutral” rating in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CoStar Group presently has an average rating of “Hold” and a consensus target price of $44.67.

Read Our Latest Analysis on CoStar Group

CoStar Group Trading Down 4.8%

CSGP traded down $1.45 during trading on Wednesday, reaching $28.88. 4,587,911 shares of the company’s stock were exchanged, compared to its average volume of 7,194,217. CoStar Group has a one year low of $25.89 and a one year high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $11.80 billion, a PE ratio of 481.46, a price-to-earnings-growth ratio of 0.75 and a beta of 0.74. The firm has a fifty day moving average price of $30.83 and a two-hundred day moving average price of $40.64.

CoStar Group (NASDAQ:CSGP – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. The firm had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, equities research analysts forecast that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Buying and Selling at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of the stock in a transaction dated Friday, May 1st. The stock was purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the transaction, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. The trade was a 4.33% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On CoStar Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Douglas Lane & Associates LLC raised its stake in CoStar Group by 4.3% during the 4th quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock worth $45,929,000 after buying an additional 28,279 shares during the period. Barclays PLC grew its stake in CoStar Group by 83.4% in the fourth quarter. Barclays PLC now owns 2,321,700 shares of the technology company’s stock valued at $156,111,000 after acquiring an additional 1,055,584 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in CoStar Group by 100.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 245,184 shares of the technology company’s stock valued at $16,486,000 after acquiring an additional 122,776 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in CoStar Group by 22.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 210,095 shares of the technology company’s stock valued at $14,127,000 after acquiring an additional 38,715 shares during the period. Finally, Baillie Gifford & Co. increased its holdings in shares of CoStar Group by 56.9% during the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after acquiring an additional 4,691,543 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

CoStar Group News Roundup

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

Positive Sentiment: CoStar reported second-quarter adjusted earnings of $0.32 per share, ahead of the roughly $0.28–$0.29 consensus, while revenue increased 18.4% year over year to $925 million. Net income reportedly rose sharply and adjusted EBITDA more than doubled, suggesting improving profitability. CoStar Group Q2 Earnings Beat Estimates
Positive Sentiment: Full-year 2026 adjusted EPS guidance of $1.32–$1.39 is above the approximately $1.29 analyst consensus, while net new bookings reached $69 million, up 3% from the prior quarter. CoStar Group Q2 2026 Results
Neutral Sentiment: BTIG and Needham retained Buy ratings but lowered their price targets to $42 and $40, respectively. William Blair reaffirmed a Market Perform rating, indicating analysts see long-term potential but greater near-term execution risk.
Negative Sentiment: Third-quarter guidance was the main concern: CoStar forecast adjusted EPS of $0.31–$0.34 versus a $0.36 consensus and revenue of $935–$945 million versus roughly $970 million expected. The disappointing outlook overshadowed the quarterly earnings beat. CoStar Q2 Earnings Results and Guidance
Negative Sentiment: Keefe, Bruyette & Woods downgraded CSGP from Outperform to Market Perform and reduced its price target from $41 to $29. BTIG and Needham also cut their targets substantially, reinforcing concerns about valuation and the pace of growth.

CoStar Group Company Profile

(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.