CoStar Group (NASDAQ:CSGP) Price Target Cut to $73.00 by Analysts at The Goldman Sachs Group

CoStar Group (NASDAQ:CSGP) had its target price reduced by The Goldman Sachs Group from $84.00 to $73.00 in a report published on Wednesday,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the technology company’s stock.

CSGP has been the topic of a number of other reports. Needham & Company LLC cut their target price on shares of CoStar Group from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research note on Friday, February 20th. BNP Paribas Exane assumed coverage on shares of CoStar Group in a report on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 target price for the company. BMO Capital Markets lowered their price target on CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a report on Thursday, January 8th. Finally, BTIG Research raised CoStar Group from a “neutral” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.47.

CoStar Group Stock Performance

Shares of CSGP stock opened at $44.78 on Wednesday. The stock’s 50-day moving average is $59.23 and its two-hundred day moving average is $71.44. 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 1 year low of $43.17 and a 1 year high of $97.43. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 4,482.48, a PEG ratio of 1.29 and a beta of 0.84.

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 analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $900.00 million during the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a return on equity of 2.51% and a net margin of 0.23%.The business’s revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Analysts predict that CoStar Group will post 0.94 earnings per share for the current year.

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

Institutional Investors Weigh In On CoStar Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of CoStar Group in the 4th quarter worth approximately $476,765,000. Baillie Gifford & Co. raised its holdings in CoStar Group by 56.9% during the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock worth $869,627,000 after purchasing an additional 4,691,543 shares during the last quarter. Capital International Investors raised its holdings in CoStar Group by 59.7% during the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock worth $729,020,000 after purchasing an additional 4,053,456 shares during the last quarter. Viking Global Investors LP purchased a new stake in CoStar Group during the second quarter worth $258,773,000. Finally, Goldman Sachs Group Inc. grew its holdings in CoStar Group by 70.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,751,312 shares of the technology company’s stock valued at $252,238,000 after purchasing an additional 1,556,100 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about CoStar Group

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

About CoStar Group

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.