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

CoStar Group (NASDAQ:CSGP) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.320-1.390 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.8 billion. CoStar Group also updated its Q3 2026 guidance to 0.310-0.340 EPS.

Analysts Set New Price Targets

Several research firms recently commented on CSGP. Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. The Goldman Sachs Group set a $46.00 price target on shares of CoStar Group and gave the company a “buy” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a report on Thursday, April 30th. Finally, Bank of America decreased their price objective on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Twelve 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 stock. Based on data from MarketBeat, CoStar Group currently has an average rating of “Moderate Buy” and an average price target of $51.50.

CoStar Group Trading Up 4.0%

Shares of CoStar Group stock traded up $1.16 during midday trading on Tuesday, reaching $30.33. The company had a trading volume of 9,368,236 shares, compared to its average volume of 7,216,096. The stock has a fifty day moving average price of $30.90 and a 200 day moving average price of $40.87. CoStar Group has a fifty-two week low of $26.68 and a fifty-two week high of $97.43. The firm has a market cap of $12.39 billion, a PE ratio of 505.58, a P/E/G ratio of 0.71 and a beta of 0.74. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. 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 during the quarter, compared to the consensus estimate of $928.81 million. 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. On average, equities analysts anticipate that CoStar Group will post 1.03 earnings per share for the current year.

Insider Activity at CoStar Group

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

More CoStar Group News

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.

Institutional Trading of CoStar Group

A number of institutional investors have recently bought and sold shares of the company. Invesco Ltd. lifted its stake in shares of CoStar Group by 18.7% in the 4th quarter. Invesco Ltd. now owns 5,387,056 shares of the technology company’s stock valued at $362,226,000 after purchasing an additional 849,713 shares during the period. Corient Private Wealth LLC grew its stake in CoStar Group by 9.8% during the fourth quarter. Corient Private Wealth LLC now owns 123,418 shares of the technology company’s stock worth $8,299,000 after purchasing an additional 11,057 shares during the period. Vident Advisory LLC grew its stake in CoStar Group by 6.1% during the fourth quarter. Vident Advisory LLC now owns 14,104 shares of the technology company’s stock worth $948,000 after purchasing an additional 815 shares during the period. First Citizens Bank & Trust Co. increased its holdings in CoStar Group by 117.9% in the fourth quarter. First Citizens Bank & Trust Co. now owns 257,404 shares of the technology company’s stock worth $17,308,000 after purchasing an additional 139,258 shares in the last quarter. Finally, Wahed Invest LLC bought a new stake in CoStar Group in the fourth quarter worth approximately $738,000. Institutional investors own 96.60% of the company’s stock.

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.