CoStar Group (NASDAQ:CSGP) Downgraded by Keefe, Bruyette & Woods to Market Perform

CoStar Group (NASDAQ:CSGP) was downgraded by Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued on Wednesday, MarketBeat reports. They currently have a $29.00 target price on the technology company’s stock, down from their prior target price of $41.00. Keefe, Bruyette & Woods’ target price would indicate a potential downside of 4.39% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Wall Street Zen raised CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday. Needham & Company LLC dropped their target price on shares of CoStar Group from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday. Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. BTIG Research decreased their price target on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Stephens lowered their price objective on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CoStar Group currently has an average rating of “Hold” and a consensus target price of $45.17.

CoStar Group Stock Performance

NASDAQ:CSGP opened at $30.33 on Wednesday. The business has a 50 day moving average of $30.83 and a 200 day moving average of $40.64. The company has a market capitalization of $12.39 billion, a price-to-earnings ratio of 505.58, a PEG ratio of 0.75 and a beta of 0.74. CoStar Group has a 1-year low of $26.68 and a 1-year high of $97.43. 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 issued its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $925.00 million for 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 business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period last year, the business earned $0.17 earnings per share. 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, sell-side analysts predict that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Andrew C. Florance bought 71,430 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the purchase, 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 purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.18% of the company’s stock.

Institutional Trading of CoStar Group

Several institutional investors have recently bought and sold shares of the company. Reflection Asset Management purchased a new position in CoStar Group in the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group during the fourth quarter valued at approximately $29,000. DV Equities LLC bought a new stake in shares of CoStar Group during the fourth quarter valued at approximately $40,000. IFP Advisors Inc increased its position in shares of CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after acquiring an additional 471 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after acquiring an additional 513 shares in the last quarter. 96.60% of the stock is owned by hedge funds and other institutional investors.

CoStar Group News Summary

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

• Positive Sentiment: CoStar reported second-quarter adjusted earnings of $0.32 per share, above the $0.28–$0.29 analyst consensus and up from $0.17 a year earlier. Revenue rose 18.4% year over year to $925 million, while net income increased sharply and adjusted EBITDA more than doubled, signaling improving profitability. CoStar Group Q2 2026 Results
• Positive Sentiment: Net new bookings reached $69 million, up 3% from the prior quarter, supporting continued demand across CoStar’s real estate marketplaces, information and analytics businesses. Management described the results as a profitability inflection. CoStar Group Q2 2026 Earnings
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $1.32–$1.39 is above the roughly $1.29 analyst estimate, potentially reinforcing the longer-term earnings-growth story.
• Neutral Sentiment: Management’s second-quarter revenue was slightly below expectations, despite the strong year-over-year growth rate. The company also continues to trade well below its 52-week high, which may be encouraging bargain hunting and speculative buying ahead of earnings.
• Negative Sentiment: Third-quarter guidance was below consensus: adjusted EPS of $0.31–$0.34 versus $0.36 expected, and revenue of $935–$945 million versus approximately $970 million expected. The softer near-term outlook may limit the stock’s upside and explains the mixed market reaction. CoStar Q2 Earnings and Q3 Guidance

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.