Zillow Group (NASDAQ:Z) Stock Rating Upgraded by Zacks Research

Zillow Group (NASDAQ:Z) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other brokerages also recently commented on Z. JPMorgan Chase & Co. lowered their target price on Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Thursday. Zelman & Associates upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, January 21st. Barclays upgraded Zillow Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Keefe, Bruyette & Woods reduced their price target on Zillow Group from $60.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $79.75.

Zillow Group Price Performance

Shares of NASDAQ Z opened at $43.68 on Wednesday. The business’s 50-day moving average price is $43.70 and its two-hundred day moving average price is $58.72. Zillow Group has a one year low of $39.05 and a one year high of $93.88. The company has a market capitalization of $10.48 billion, a P/E ratio of 174.72, a price-to-earnings-growth ratio of 2.18 and a beta of 2.07.

Zillow Group (NASDAQ:Z) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a return on equity of 1.37% and a net margin of 2.27%.The firm had revenue of $708.00 million for the quarter, compared to the consensus estimate of $705.10 million. On average, equities analysts anticipate that Zillow Group will post 0.82 EPS for the current year.

Insider Buying and Selling

In other Zillow Group news, CFO Jeremy Hofmann sold 7,786 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $43.73, for a total value of $340,481.78. Following the completion of the sale, the chief financial officer owned 57,487 shares of the company’s stock, valued at $2,513,906.51. The trade was a 11.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dan Spaulding sold 5,361 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $43.95, for a total value of $235,615.95. Following the completion of the sale, the insider directly owned 41,080 shares of the company’s stock, valued at $1,805,466. This represents a 11.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 60,801 shares of company stock valued at $2,683,986. 25.03% of the stock is owned by corporate insiders.

Institutional Trading of Zillow Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC lifted its position in shares of Zillow Group by 4.7% during the 1st quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock worth $262,000 after purchasing an additional 171 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Zillow Group by 21.7% during the 1st quarter. Intech Investment Management LLC now owns 20,518 shares of the financial services provider’s stock worth $1,407,000 after purchasing an additional 3,653 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Zillow Group by 1.6% during the 2nd quarter. American Century Companies Inc. now owns 23,064 shares of the financial services provider’s stock worth $1,616,000 after purchasing an additional 362 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Zillow Group by 186.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,678 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 1,092 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Zillow Group by 1,895.4% during the 2nd quarter. First Trust Advisors LP now owns 128,362 shares of the financial services provider’s stock worth $8,992,000 after purchasing an additional 121,929 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Key Zillow Group News

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

• Positive Sentiment: Zillow posted a profitable Q1 (reported $46M net income) with revenue roughly in line to slightly above consensus and an EPS beat, highlighting strength in Rentals and mortgage origination growth — a near-term fundamental positive. Read More.
• Positive Sentiment: The company emphasized AI-driven product expansion (new AI tools for agents, property managers and consumers) and cited revenue gains in a flat housing market, underscoring its pivot to higher‑value workflow tools that could lift long‑term monetization. Read More.
• Neutral Sentiment: Zillow gave Q2 revenue guidance of roughly $750M–$765M, which sits close to but slightly below some analyst models; that cautious outlook has tempered enthusiasm despite the Q1 beat. Read More.
• Negative Sentiment: Monthly site traffic fell (~3% to ~220M average monthly uniques), raising concerns about user engagement and future ad/search monetization. Read More.
• Negative Sentiment: Analysts trimmed targets after the report: JPMorgan cut its target (still an overweight rating) and Keefe, Bruyette & Woods lowered theirs — mixed analyst moves increase short‑term volatility. Read More.
• Negative Sentiment: Multiple law firms (Rosen, Pomerantz) have announced investigations into possible securities claims, creating legal overhang and downside risk for investors. Read More.

Zillow Group Company Profile

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.