Zillow Group (NASDAQ:ZG) Stock Rating Lowered by Evercore

Zillow Group (NASDAQ:ZG) was downgraded by investment analysts at Evercore from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other equities research analysts have also recently commented on the stock. Weiss Ratings cut shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Barclays decreased their price objective on Zillow Group from $58.00 to $54.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. KeyCorp dropped their target price on Zillow Group from $65.00 to $57.00 and set an “overweight” rating on the stock in a report on Monday. Susquehanna reduced their price target on Zillow Group from $50.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Mizuho decreased their price target on Zillow Group from $65.00 to $53.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $56.67.

Zillow Group Stock Down 8.5%

NASDAQ ZG opened at $33.76 on Thursday. The firm’s 50 day moving average is $33.19 and its 200-day moving average is $41.59. The company has a market capitalization of $7.72 billion, a PE ratio of 153.46, a price-to-earnings-growth ratio of 1.58 and a beta of 1.95. Zillow Group has a 12-month low of $29.03 and a 12-month high of $90.22.

Zillow Group (NASDAQ:ZG) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.44 by $0.08. The business had revenue of $772.00 million during the quarter, compared to analysts’ expectations of $758.25 million. Zillow Group had a net margin of 1.96% and a return on equity of 2.27%. The firm’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share. As a group, sell-side analysts expect that Zillow Group will post 0.9 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Bradley D. Owens sold 3,364 shares of Zillow Group stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $37.23, for a total value of $125,241.72. Following the completion of the transaction, the general counsel owned 65,245 shares of the company’s stock, valued at $2,429,071.35. This trade represents a 4.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Dan Spaulding sold 3,078 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the transaction, the insider owned 49,696 shares in the company, valued at $1,858,630.40. This represents a 5.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 42,910 shares of company stock worth $1,605,732. Corporate insiders own 29.88% of the company’s stock.

Institutional Trading of Zillow Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC boosted its holdings in Zillow Group by 10.4% during the fourth quarter. Signaturefd LLC now owns 1,711 shares of the technology company’s stock worth $117,000 after buying an additional 161 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Zillow Group by 10.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,156 shares of the technology company’s stock valued at $147,000 after buying an additional 198 shares in the last quarter. Lido Advisors LLC increased its holdings in Zillow Group by 0.4% in the fourth quarter. Lido Advisors LLC now owns 50,846 shares of the technology company’s stock valued at $3,627,000 after buying an additional 215 shares in the last quarter. Royal London Asset Management Ltd. raised its position in shares of Zillow Group by 1.4% in the second quarter. Royal London Asset Management Ltd. now owns 18,217 shares of the technology company’s stock worth $1,248,000 after acquiring an additional 247 shares during the period. Finally, Mackenzie Financial Corp raised its position in shares of Zillow Group by 8.5% in the third quarter. Mackenzie Financial Corp now owns 3,301 shares of the technology company’s stock worth $246,000 after acquiring an additional 258 shares during the period. Institutional investors own 20.32% of the company’s stock.

Zillow Group News Roundup

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

• Positive Sentiment: Zillow reported second-quarter adjusted earnings of $0.52 per share, above the $0.44 consensus estimate, while revenue rose 17.9% year over year to $772 million, exceeding expectations of approximately $758 million. Growth in mortgage and rental businesses supported the performance. Zillow Q2 Earnings Surpass Estimates on Solid Revenue Growth
• Positive Sentiment: Benchmark maintained a “buy” rating while lowering its price target from $110 to $80, and DA Davidson also reiterated “buy” with a target reduction from $60 to $50. The revised targets still imply substantial upside, although the cuts reflect more cautious valuation assumptions. Benchmark price target update
• Neutral Sentiment: Zillow’s July market report showed home sales increasing 7% year over year, the strongest annual gain of 2026. However, the company said sharply lower newly pending sales and higher mortgage rates point to potentially slower activity in the second half. Zillow July Market Report
• Neutral Sentiment: Zillow expanded CFO Jeremy Hofmann’s role to chief operating officer and appointed Cassandra Knight as chief legal and policy officer, changes intended to support its housing “super app” strategy. Zillow executive leadership changes
• Negative Sentiment: Third-quarter revenue guidance of $745 million to $760 million trailed the $772.3 million consensus estimate, while full-year revenue guidance of $2.9 billion to $3.0 billion was at or below expectations. The company also posted a $4 million net loss, partly due to $36 million in restructuring costs and layoffs. Zillow stock sinks despite Q2 earnings beat
• Negative Sentiment: Analyst sentiment weakened: Susquehanna cut its target to $38 and kept a “neutral” rating, Cantor Fitzgerald lowered its target to $32, and Zacks Research downgraded the stock from “strong buy” to “hold.” Zillow Group stock slides as bear notes pile up
• Negative Sentiment: Multiple law firms are publicizing a securities class action involving alleged investor losses and an August 10 lead-plaintiff deadline, adding legal and reputational overhang. Zillow securities class action deadline

Zillow Group Company Profile

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.