Zillow Group (NASDAQ:Z) Rating Lowered to Hold at Zacks Research

Posted by George Bondi on Aug 6th, 2026

Zillow Group (NASDAQ:Z – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts have also issued reports on the company. Weiss Ratings lowered Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. cut their price objective on Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Keefe, Bruyette & Woods reduced their price objective on Zillow Group from $50.00 to $37.00 and set a “market perform” rating for the company in a research note on Monday, July 13th. Wall Street Zen raised Zillow Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, UBS Group cut their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $72.38.

Read Our Latest Analysis on Zillow Group

Zillow Group Stock Performance

Zillow Group stock opened at $36.10 on Tuesday. Zillow Group has a fifty-two week low of $29.23 and a fifty-two week high of $93.88. The firm’s 50-day simple moving average is $33.12 and its 200 day simple moving average is $41.84. The stock has a market cap of $8.26 billion, a PE ratio of 144.40, a price-to-earnings-growth ratio of 1.55 and a beta of 1.98.

Zillow Group (NASDAQ:Z – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.45 by $0.07. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The firm had revenue of $772.00 million during the quarter, compared to analyst estimates of $758.10 million. As a group, analysts predict that Zillow Group will post 0.9 EPS for the current fiscal year.

Insider Transactions at Zillow Group

In other news, insider Dan Spaulding sold 3,078 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the transaction, the insider owned 49,696 shares of the company’s stock, valued at $1,858,630.40. This represents a 5.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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, General Counsel Bradley D. Owens sold 3,364 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $37.23, for a total value of $125,241.72. Following the transaction, the general counsel owned 65,245 shares of the company’s stock, valued at $2,429,071.35. The trade was a 4.90% 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. Over the last 90 days, insiders sold 42,910 shares of company stock valued at $1,605,732. 25.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Zillow Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Independent Franchise Partners LLP increased its stake in shares of Zillow Group by 0.9% in the fourth quarter. Independent Franchise Partners LLP now owns 10,953,405 shares of the financial services provider’s stock worth $747,241,000 after purchasing an additional 94,569 shares in the last quarter. Capital World Investors lifted its stake in shares of Zillow Group by 1.8% during the 4th quarter. Capital World Investors now owns 10,826,066 shares of the financial services provider’s stock valued at $738,554,000 after buying an additional 191,058 shares in the last quarter. Tiger Global Management LLC lifted its stake in shares of Zillow Group by 21.7% during the 1st quarter. Tiger Global Management LLC now owns 7,368,957 shares of the financial services provider’s stock valued at $304,927,000 after buying an additional 1,312,000 shares in the last quarter. State Street Corp boosted its holdings in Zillow Group by 3.9% in the 4th quarter. State Street Corp now owns 3,838,788 shares of the financial services provider’s stock worth $261,882,000 after buying an additional 143,726 shares during the period. Finally, Geode Capital Management LLC grew its stake in Zillow Group by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 3,363,657 shares of the financial services provider’s stock valued at $228,898,000 after buying an additional 55,323 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.

Key Headlines Impacting Zillow Group

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

Positive Sentiment: Zillow reported second-quarter revenue of $772 million, up approximately 18% year over year and above the $758 million analyst consensus. Adjusted earnings of $0.52 per share also exceeded estimates of roughly $0.44-$0.45 and improved from $0.40 a year earlier. Zillow Q2 earnings article
Positive Sentiment: Management promoted senior executives and expanded CFO Jeremy Hofmann’s responsibilities to include chief operating officer. Zillow also appointed Cassandra Knight as its first chief legal and policy officer, changes intended to support its integrated housing “super app” strategy. Zillow executive leadership announcement
Neutral Sentiment: The company is eliminating more than 500 positions, or about 7% of its workforce, as part of an organizational restructuring. Zillow said the changes are intended to improve efficiency, but the near-term benefit is offset by substantial restructuring costs. A subsequent filing indicated that 91 Washington jobs were affected, with senior positions bearing much of the impact. Zillow workforce reduction article
Negative Sentiment: Zillow posted a $4 million net loss despite the revenue and adjusted-EPS beats. A $36 million restructuring charge weighed on results, compared with analyst expectations for approximately $21 million of net income, creating concern about reported profitability. Zillow restructuring loss article
Negative Sentiment: Forward guidance was soft: third-quarter revenue was projected at $745 million-$760 million, below the $772.3 million consensus, while full-year revenue guidance of $2.9 billion-$3.0 billion was only around or below the $3.0 billion estimate. The outlook prompted selling in after-hours trading. Zillow soft outlook article
Negative Sentiment: Several law firms publicized securities-fraud class actions and an August 10 lead-plaintiff deadline tied to alleged misrepresentations concerning Zillow’s business practices. The repeated legal notices add reputational and potential financial risk, although the allegations have not been proven. Zillow securities lawsuit information

About Zillow Group

(Get Free Report)

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.