Zillow Group (NASDAQ:Z) Upgraded to Strong-Buy at Zelman & Associates

Zelman & Associates upgraded shares of Zillow Group (NASDAQ:Z) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

Z has been the topic of a number of other reports. Keefe, Bruyette & Woods dropped their price target on shares of Zillow Group from $80.00 to $65.00 and set a “market perform” rating on the stock in a research note on Monday. JPMorgan Chase & Co. boosted their target price on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Wednesday. Barclays raised Zillow Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $90.60.

Zillow Group Price Performance

NASDAQ Z opened at $43.82 on Thursday. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 486.94, a price-to-earnings-growth ratio of 2.65 and a beta of 2.08. The company has a 50 day simple moving average of $66.23 and a 200-day simple moving average of $74.16. Zillow Group has a 52-week low of $43.36 and a 52-week high of $93.88.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. The company had revenue of $654.00 million for the quarter, compared to analysts’ expectations of $650.40 million. On average, analysts predict that Zillow Group will post 0.32 EPS for the current year.

Insider Buying and Selling

In related news, Director Erik C. Blachford sold 965 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $72.51, for a total value of $69,972.15. Following the transaction, the director directly owned 33,543 shares of the company’s stock, valued at approximately $2,432,202.93. This trade represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Bradley D. Owens sold 2,722 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $67.41, for a total value of $183,490.02. Following the sale, the general counsel directly owned 37,974 shares of the company’s stock, valued at $2,559,827.34. The trade was a 6.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,928 shares of company stock worth $270,937 over the last three months. 25.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Zillow Group during the third quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in shares of Zillow Group in the fourth quarter worth about $28,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Zillow Group during the 3rd quarter worth about $29,000. Cullen Frost Bankers Inc. boosted its stake in Zillow Group by 58.6% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 163 shares during the period. Finally, SBI Securities Co. Ltd. boosted its stake in Zillow Group by 58.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 185 shares during the period. 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 delivered revenue growth (~18% YoY) with strong gains in rentals and growing mortgage activity; management offered an upbeat revenue outlook for 2026, supporting longer-term growth narratives. Zacks: Q4 EPS Lags, Revenues Beat
• Positive Sentiment: The company returned to a small profit in Q4 (roughly $3M, vs. a loss year-ago) as for-sale and rentals revenue improved, validating parts of the operational turnaround. Company Q4 Results
• Neutral Sentiment: Some broker ratings are unchanged (Needham reaffirmed a “hold”), keeping analyst sentiment mixed rather than uniformly negative. Benzinga
• Negative Sentiment: Zillow missed EPS expectations (reported roughly $0.39 vs. consensus near $0.42), prompting analysts to trim forecasts and margin models—selling pressure followed the updates. Benzinga: Analysts Cut Forecasts
• Negative Sentiment: Multiple lawsuits from competitors and consumers targeting different parts of Zillow’s business have surfaced in coverage, increasing legal risk and investor uncertainty. Barron’s: Zillow Litigation
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target to $65, reflecting more cautious near-term expectations and adding pressure to valuation-sensitive investors. AmericanBankingNews: Price Target Cut

About Zillow Group

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.