CoStar Group (NASDAQ:CSGP) Given New $57.00 Price Target at Royal Bank Of Canada

CoStar Group (NASDAQ:CSGP) had its price objective trimmed by Royal Bank Of Canada from $75.00 to $57.00 in a research note released on Wednesday,Benzinga reports. The firm currently has a sector perform rating on the technology company’s stock.

A number of other research firms have also recently commented on CSGP. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a report on Monday, December 29th. Citizens Jmp reduced their target price on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a research note on Wednesday. Keefe, Bruyette & Woods lowered their target price on shares of CoStar Group from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday. Needham & Company LLC reduced their price target on shares of CoStar Group from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Zacks Research lowered shares of CoStar Group from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. One investment 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.47.

CoStar Group Price Performance

NASDAQ:CSGP opened at $44.78 on Wednesday. The company has a market capitalization of $18.98 billion, a P/E ratio of 4,482.48, a P/E/G ratio of 1.29 and a beta of 0.84. The business’s 50-day moving average is $59.23 and its 200 day moving average is $71.44. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12. CoStar Group has a 12 month low of $43.17 and a 12 month high of $97.43.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $900.00 million for the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.51%. The business’s revenue was up 26.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, equities research analysts forecast that CoStar Group will post 0.94 earnings per share for the current fiscal year.

CoStar Group announced that its board has authorized a share buyback program on Wednesday, January 7th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to buy up to 5.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On CoStar Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. ING Groep NV increased its stake in shares of CoStar Group by 1,950.5% in the third quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after acquiring an additional 121,807 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in CoStar Group by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock valued at $14,459,000 after purchasing an additional 21,225 shares during the last quarter. UMB Bank n.a. grew its position in CoStar Group by 51.6% during the 3rd quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock worth $19,009,000 after purchasing an additional 76,720 shares during the period. Swedbank AB raised its stake in shares of CoStar Group by 21.0% during the 3rd quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock valued at $25,510,000 after buying an additional 52,433 shares during the last quarter. Finally, Generali Asset Management SPA SGR raised its stake in shares of CoStar Group by 641.8% during the 3rd quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company’s stock valued at $2,015,000 after buying an additional 20,661 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Key CoStar Group News

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

• Positive Sentiment: Q4 results beat expectations — CoStar reported $0.31 EPS on $900M revenue, above consensus, with strong bookings and continued revenue growth. This supports the company’s long‑term growth thesis. CoStar Q4 Earnings Beat Estimates, Revenues Up Y/Y, Shares Fall
• Positive Sentiment: Analysts and some firms still point to durable fundamentals — several analysts kept buy/outperform views (while trimming targets), citing FY25 finish, bookings growth and digitization progress as reasons to retain conviction. CoStar Group: Strong FY25 Finish, Robust Bookings Growth…
• Neutral Sentiment: Apartments.com rent report showed modest U.S. apartment rent growth in February — a sector datapoint that supports CoStar’s marketplace trends but is unlikely to move the stock materially on its own. Apartments.com Releases Multifamily Rent Growth Report for February 2026
• Neutral Sentiment: Company administrative update — CoStar expanded use of its website for investor disclosures (procedural, not material to fundamentals). CoStar Expands Use of Website for Investor Disclosures
• Neutral Sentiment: Short‑interest data in feeds shows anomalies (reported as large increase but with zero shares), indicating unreliable/immaterial short‑interest signal today.
• Negative Sentiment: Q1/FY26 guidance disappointed — management set Q1 EPS guidance (0.160–0.190) and revenue guidance below consensus, lowering near‑term earnings visibility and prompting investor selling. Listen to Conference Call / Press Release
• Negative Sentiment: Analysts cut targets and forecasts after the print — multiple firms (Goldman Sachs, RBC, Wells Fargo, Needham, Keefe, others) lowered price targets and trimmed estimates, signaling reduced near‑term expectations and contributing to downward pressure. CoStar Group Analysts Cut Their Forecasts Following Q4 Results
• Negative Sentiment: Market reaction: despite the beat, headlines emphasized the weak outlook and downward revisions, which caused shares to fall on heavier-than-normal volume. CoStar Group beats Q4 estimates but shares dip on weak outlook

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.