CoStar Group (NASDAQ:CSGP) Issues Q1 2026 Earnings Guidance

CoStar Group (NASDAQ:CSGP) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.160-0.190 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $890.0 million-$900.0 million, compared to the consensus revenue estimate of $905.5 million.

CoStar Group Trading Up 2.7%

NASDAQ CSGP traded up $1.21 on Thursday, hitting $45.99. 401,911 shares of the stock were exchanged, compared to its average volume of 7,360,901. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 3.12. CoStar Group has a 52-week low of $43.17 and a 52-week high of $97.43. The firm has a market capitalization of $19.49 billion, a P/E ratio of 4,600.50, a P/E/G ratio of 1.29 and a beta of 0.84. The stock has a fifty day moving average price of $59.23 and a two-hundred day moving average price of $71.44.

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

CoStar Group announced that its Board of Directors has initiated a stock buyback program on Wednesday, January 7th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Needham & Company LLC dropped their target price on CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday. Citigroup reissued a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th. BMO Capital Markets dropped their price objective on CoStar Group from $77.00 to $72.00 and set a “market perform” rating for the company in a report on Thursday, January 8th. BTIG Research set a $60.00 target price on CoStar Group and gave the stock a “buy” rating in a research note on Thursday. Finally, BNP Paribas Exane initiated coverage on CoStar Group in a research report on Wednesday, January 14th. They set a “neutral” rating and a $64.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.47.

CoStar Group News Roundup

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

• Positive Sentiment: Q4 results beat consensus — CoStar reported $0.31 EPS vs. $0.27 consensus and $900M revenue (up 26.9% y/y), showing continued top-line strength and bookings growth. CoStar Q4 beat
• Positive Sentiment: FY‑2026 guidance raised — the company updated FY26 adjusted EPS to $1.220–$1.330 (vs. ~1.00 consensus) and revenue to ~$3.8B (vs. ~3.6B), indicating management expects stronger full‑year performance.
• Positive Sentiment: CoStar data products showing market tailwinds — CoStar reported sharp London office yield compression in 2025, a sign of rising investor demand that supports valuation and demand for CoStar’s analytics and marketplace services. London yield compression
• Positive Sentiment: Rent trends are steady for Apartments.com — the Apartments.com February rent report showed modest U.S. rent growth, supporting ongoing demand for the company’s multifamily marketplace. Apartments.com rent report
• Neutral Sentiment: Presentation and disclosures posted — Q4 slide deck and call transcript were published and CoStar said it will expand use of its website for investor disclosures (useful for transparency but not market-moving by itself). Earnings presentation Investor disclosures
• Neutral Sentiment: Short‑interest report looks unreliable — published short‑interest entries show zeros/NaN and implausible days‑to‑cover; treat that data point with caution until cleaned up.
• Negative Sentiment: Weak near‑term guide disappointed investors — CoStar set Q1 2026 EPS at $0.160–$0.190 vs. ~$0.230 consensus, and that softer near‑term outlook outweighed the FY guidance for many traders. Several headlines noted shares fell despite the beat. Shares dip on weak outlook
• Negative Sentiment: Analysts cut targets and lowered forecasts — multiple firms trimmed price targets (Goldman: $84→$73, RBC: $75→$57, Wells Fargo: $48→$44, Needham: $80→$60, Keefe: $75→$70, Citizens JMP: $78→$73) and published lowered estimates after the print, amplifying selling pressure. Analyst cuts

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CSGP. Integrated Wealth Concepts LLC grew its holdings in CoStar Group by 9.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock worth $379,000 after purchasing an additional 426 shares during the last quarter. NewEdge Advisors LLC grew its stake in CoStar Group by 727.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock worth $117,000 after buying an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp increased its position in CoStar Group by 860.7% during the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after buying an additional 11,370 shares in the last quarter. Empowered Funds LLC increased its position in CoStar Group by 9.2% during the 1st quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after buying an additional 666 shares in the last quarter. Finally, Woodline Partners LP raised its stake in CoStar Group by 44.6% in the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after buying an additional 10,984 shares during the last quarter. 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.