CoStar Group (NASDAQ:CSGP) Releases FY 2026 Earnings Guidance

CoStar Group (NASDAQ:CSGP) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.220-1.330 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.6 billion.

CoStar Group Stock Performance

CSGP stock opened at $44.78 on Thursday. The firm has a market cap of $18.98 billion, a PE ratio of 4,482.48, a P/E/G ratio of 1.29 and a beta of 0.84. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The business has a 50 day moving average of $59.23 and a 200-day moving average of $71.44. CoStar Group has a 12-month low of $43.17 and a 12-month high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. CoStar Group had a return on equity of 2.51% and a net margin of 0.23%.The business had revenue of $900.00 million for the quarter, compared to analyst estimates of $892.22 million. During the same period last year, the company posted $0.26 earnings per share. CoStar Group’s quarterly revenue was up 26.9% compared to the same quarter last year. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, sell-side analysts expect that CoStar Group will post 0.94 earnings per share for the current year.

CoStar Group announced that its board has approved a share buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 5.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts recently weighed in on CSGP shares. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Friday, February 20th. BMO Capital Markets lowered their price objective on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a research report on Thursday, January 8th. BNP Paribas Exane began coverage on shares of CoStar Group in a research report on Wednesday, January 14th. They set a “neutral” rating and a $64.00 target price for the company. Wells Fargo & Company decreased their price target on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a research note on Wednesday. Finally, Keefe, Bruyette & Woods lowered their price target on shares of CoStar Group from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $74.47.

Key CoStar Group News

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

• Positive Sentiment: Company raised FY2026 guidance well above street expectations — management gave FY26 adjusted EPS of $1.220–1.330 vs. a ~1.00 consensus and revenue guidance around $3.8B vs. ~$3.6B expected; that upside to full‑year results supports better forward profitability assumptions and likely drove buying interest.
• Positive Sentiment: Q4 results beat estimates — CoStar reported $0.31 EPS (vs. $0.27 consensus) and $900M revenue (vs. ~$892M est.), with double‑digit revenue growth and strong bookings cited on the call, which confirms demand across its marketplaces and subscription services. CoStar Group (CSGP) Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: CoStar data shows London office yield compression — Company research reports a sharp fall in London office yields in 2025 (to 5.9%), signaling improving commercial real‑estate transaction activity in a major market that underpins demand for CoStar’s data, analytics and transaction services. CoStar Data Show Sharp London Office Yield Compression in 2025
• Neutral Sentiment: Apartments.com rent report shows modest U.S. rent growth — February rental data showed rents continuing to inch higher (national average ~$1,716), which supports the fundamentals for CoStar’s multifamily marketplace but is a gradual trend rather than a catalyst. Apartments.com Releases Multifamily Rent Growth Report for February 2026
• Neutral Sentiment: Corporate disclosure change — CoStar will use its website as a primary channel for investor disclosures; procedural change with limited direct impact on fundamentals but improves information access for investors. CoStar Expands Use of Website for Investor Disclosures
• Negative Sentiment: Q1 2026 guidance disappointed — CoStar gave Q1 EPS guidance of $0.160–0.190 vs. consensus ~ $0.23, and revenue guidance slightly below some estimates; the softer near‑term outlook appears to have triggered profit‑taking despite the stronger FY guide.
• Negative Sentiment: Analysts cut forecasts and trimmed price targets — Multiple firms (Goldman, RBC, Needham, Wells Fargo, Keefe Bruyette & Woods, others) lowered targets and adjusted models after the quarter; those downgrades amplify selling pressure and shorten the runway for near‑term upside. CoStar Group Analysts Cut Their Forecasts Following Q4 Results
• Negative Sentiment: Market headlines emphasized the “weak outlook” angle — outlets noted that despite beats, the guidance mix (soft Q1, mid‑range FY midpoint below some models) led to share weakness as investors refocused on near‑term growth. CoStar Group beats Q4 estimates but shares dip on weak outlook

Institutional Trading of CoStar Group

A number of institutional investors have recently modified their holdings of CSGP. United Capital Financial Advisors LLC grew its stake in CoStar Group by 2.3% in the 3rd quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock valued at $637,000 after buying an additional 167 shares in the last quarter. Man Group plc lifted its position in shares of CoStar Group by 1.7% during the second quarter. Man Group plc now owns 10,368 shares of the technology company’s stock worth $834,000 after acquiring an additional 177 shares in the last quarter. Norinchukin Bank The boosted its holdings in shares of CoStar Group by 0.5% in the third quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock worth $2,998,000 after acquiring an additional 184 shares during the period. Keel Point LLC grew its position in shares of CoStar Group by 6.4% in the second quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock valued at $308,000 after purchasing an additional 231 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC grew its position in shares of CoStar Group by 6.5% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 4,318 shares of the technology company’s stock valued at $364,000 after purchasing an additional 262 shares in the last quarter. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

CoStar Group Company Profile

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.