CoStar Group’s (CSGP) “Buy” Rating Reiterated at BTIG Research

BTIG Research reissued their buy rating on shares of CoStar Group (NASDAQ:CSGP) in a research report sent to investors on Wednesday,Benzinga reports. The brokerage currently has a $55.00 price target on the technology company’s stock.

A number of other research analysts have also recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Friday, March 27th. Wells Fargo & Company decreased their target price on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 25th. Citigroup decreased their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. BMO Capital Markets reduced their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating on the stock in a research report on Thursday, February 26th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of CoStar Group from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average price target of $58.59.

CoStar Group Trading Up 0.3%

NASDAQ CSGP opened at $34.72 on Wednesday. The firm’s 50-day moving average is $41.78 and its two-hundred day moving average is $57.04. CoStar Group has a 12 month low of $33.31 and a 12 month high of $97.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.84. The stock has a market capitalization of $14.58 billion, a P/E ratio of 578.76, a PEG ratio of 0.91 and a beta of 0.75.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. CoStar Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, sell-side analysts anticipate that CoStar Group will post 1.02 earnings per share for the current year.

CoStar Group announced that its board has authorized a share buyback program on Wednesday, January 7th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to purchase up to 5.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at CoStar Group

In other news, Director Louise S. Sams bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the purchase, the director owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. This represents a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.09% of the company’s stock.

Institutional Trading of CoStar Group

Large investors have recently made changes to their positions in the company. Quent Capital LLC purchased a new stake in shares of CoStar Group during the third quarter worth approximately $26,000. Manning & Napier Advisors LLC purchased a new position in CoStar Group in the third quarter valued at approximately $28,000. Westside Investment Management Inc. increased its stake in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after purchasing an additional 180 shares during the last quarter. Root Financial Partners LLC purchased a new position in CoStar Group in the third quarter valued at approximately $31,000. Finally, Reflection Asset Management purchased a new position in CoStar Group in the fourth quarter valued at approximately $27,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting CoStar Group

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

• Positive Sentiment: BTIG reaffirmed a Buy rating, supporting investor confidence in CoStar’s strategic growth (research support). BTIG Research Reiterates Buy Rating for CoStar Group (NASDAQ:CSGP)
• Positive Sentiment: Bares Capital flagged CoStar as a bullish idea, signalling activist/institutional interest that can underpin the stock. CoStar Group Inc. (CSGP): Bares Capital Is Bullish on This Stock
• Positive Sentiment: CoStar’s Q1 results showed record revenue growth, an EPS beat and management set Q2/FY26 guidance — fundamentals that support a recovery thesis. CoStar Group Inc (CSGP) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: CoStar’s data business reported modest improvement in U.K. hotel RevPAR, indicating pockets of end?market strength but limited immediate revenue impact. CoStar Data Shows U.K. Hotel RevPAR on an Upward Trajectory
• Neutral Sentiment: Analysts and press published Q1 deep dives noting residential momentum, Homes.com gains and AI initiatives — positive structural themes but with near?term execution risks. CSGP Q1 deep dive
• Negative Sentiment: Wells Fargo cut its price target to $33 and moved to an underweight, a clear negative that increases selling pressure. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $33.00 at Wells Fargo & Company
• Negative Sentiment: Several firms trimmed targets — Needham to $50 and Citizens Jmp to $44 — adding to consensus downward revisions. Needham & Company LLC Lowers CoStar Group (NASDAQ:CSGP) Price Target to $50.00 Citizens Jmp Lowers CoStar Group (NASDAQ:CSGP) Price Target to $44.00
• Negative Sentiment: Goldman lowered its target to $54 (while keeping a Buy), signaling reduced upside expectations and contributing to mixed analyst tone. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $54.00 at The Goldman Sachs Group

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.