Citizens Jmp Has Lowered Expectations for Zillow Group (NASDAQ:ZG) Stock Price

Posted by Brenda Bartman on Nov 7th, 2026

Zillow Group (NASDAQ:ZG – Get Free Report) had its price target dropped by equities research analysts at Citizens Jmp from $46.00 to $40.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “market outperform” rating on the technology company’s stock. Citizens Jmp‘s price target indicates a potential upside of 31.75% from the stock’s current price.

A number of other brokerages also recently issued reports on ZG. Sanford C. Bernstein downgraded Zillow Group from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $50.00 to $38.00 in a research note on Thursday, August 6th. Susquehanna lowered their target price on Zillow Group from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on Zillow Group in a report on Monday, August 24th. Evercore restated a “reduce” rating and set a $35.00 price target on shares of Zillow Group in a report on Thursday. Finally, Benchmark reaffirmed a “buy” rating on shares of Zillow Group in a research report on Monday, August 24th. Ten investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Zillow Group currently has a consensus rating of “Hold” and an average target price of $48.14.

Check Out Our Latest Stock Analysis on Zillow Group

Zillow Group Stock Down 2.7%

ZG stock opened at $30.36 on Thursday. The stock has a market capitalization of $6.83 billion, a P/E ratio of -58.38, a P/E/G ratio of 1.40 and a beta of 1.95. The firm has a 50-day simple moving average of $31.60 and a 200-day simple moving average of $38.51. 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 posted its quarterly earnings data on Wednesday, November 4th. The technology company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.05). The firm had revenue of $724.00 million for the quarter, compared to analysts’ expectations of $753.66 million. Zillow Group had a return on equity of 2.32% and a net margin of 1.96%. Zillow Group’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. On average, analysts expect that Zillow Group will post 0.91 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Jeremy Wacksman sold 9,339 shares of Zillow Group stock in a transaction on Monday, August 17th. The shares were sold at an average price of $34.18, for a total transaction of $319,207.02. Following the sale, the chief executive officer directly owned 138,574 shares in the company, valued at $4,736,459.32. This trade represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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, insider Dan Spaulding sold 3,169 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $35.37, for a total transaction of $112,087.53. Following the completion of the sale, the insider directly owned 44,561 shares of the company’s stock, valued at approximately $1,576,122.57. This trade represents a 6.64% 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. In the last 90 days, insiders have sold 38,539 shares of company stock worth $1,323,800. 29.88% of the stock is currently owned by company insiders.

Institutional Trading of Zillow Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Technology Crossover Management XI Ltd. acquired a new stake in shares of Zillow Group in the 2nd quarter valued at about $73,694,895. Kahn Brothers Group Inc. acquired a new position in Zillow Group during the second quarter worth approximately $37,265,000. Dimensional Fund Advisors LP lifted its stake in Zillow Group by 18.2% in the first quarter. Dimensional Fund Advisors LP now owns 554,460 shares of the technology company’s stock valued at $22,947,000 after buying an additional 85,367 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Zillow Group by 724.4% during the third quarter. Assenagon Asset Management S.A. now owns 406,398 shares of the technology company’s stock worth $11,257,000 after acquiring an additional 357,104 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in shares of Zillow Group by 106.6% during the first quarter. Quantinno Capital Management LP now owns 176,052 shares of the technology company’s stock worth $7,287,000 after acquiring an additional 90,858 shares during the last quarter. Institutional investors and hedge funds own 20.32% of the company’s stock.

Key Stories Impacting Zillow Group

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

Neutral Sentiment: Zillow said its COO and CFO will take part in a fireside chat at the RBC Capital Markets technology conference on Nov. 17; the announcement does not include new financial guidance. Conference announcement
Neutral Sentiment: Although UBS retained a Buy rating and Canaccord a Hold, both lowered their price targets—to $43 from $48 and $34 from $40, respectively. Other firms also cut targets, with ratings ranging from Overweight to Equal Weight and Neutral, reflecting mixed views. Read More. · Read More.
Negative Sentiment: Zillow’s third-quarter results missed estimates: adjusted earnings were $0.55 per share versus $0.60 expected, while revenue of $724 million came in below the roughly $754 million consensus. Revenue still rose 7.1% year over year, but the shortfall likely weighed on investor sentiment. Q3 results
Negative Sentiment: Housing activity weakened in October: newly pending listings fell 16.8% year over year, the steepest decline since August 2023, and Zillow’s preliminary measure of existing-home sales dropped 8.7%. Softer transaction activity could constrain Zillow’s marketplace and related revenue opportunities. October housing market report

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.