Keefe, Bruyette & Woods Cuts CoStar Group (NASDAQ:CSGP) Price Target to $50.00

CoStar Group (NASDAQ:CSGP) had its price target reduced by Keefe, Bruyette & Woods from $57.00 to $50.00 in a research note released on Wednesday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the technology company’s stock.

Several other research analysts have also recently issued reports on CSGP. Robert W. Baird decreased their target price on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Stephens reduced their price target on shares of CoStar Group from $70.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Citigroup reduced their price target on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. BTIG Research reiterated a “buy” rating and issued a $55.00 price target on shares of CoStar Group in a research note on Wednesday. Finally, Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research note on Friday, February 20th. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, CoStar Group has a consensus rating of “Moderate Buy” and an average target price of $58.59.

CoStar Group Trading Up 0.3%

Shares of NASDAQ CSGP opened at $34.72 on Wednesday. CoStar Group has a 1 year low of $33.31 and a 1 year high of $97.43. The stock has a market cap of $14.58 billion, a P/E ratio of 578.76, a price-to-earnings-growth ratio of 0.91 and a beta of 0.75. The firm has a 50-day moving average of $41.78 and a 200 day moving average of $57.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.84.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The company had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. CoStar Group’s revenue was up 22.5% on a year-over-year basis. During the same period last year, the company posted ($0.04) EPS. 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. As a group, sell-side analysts expect that CoStar Group will post 1.02 EPS for the current fiscal year.

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

Insider Activity at CoStar Group

In related news, Director Louise S. Sams bought 1,000 shares of the stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $48.36 per share, with a total value of $48,360.00. Following the completion of the acquisition, the director owned 20,409 shares of the company’s stock, valued at $986,979.24. This represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.09% of the company’s stock.

Hedge Funds Weigh In On CoStar Group

Several hedge funds have recently modified their holdings of the stock. Enhancing Capital LLC lifted its holdings in shares of CoStar Group by 2.2% in the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock worth $593,000 after buying an additional 150 shares in the last quarter. Rossby Financial LCC lifted its holdings in shares of CoStar Group by 47.5% in the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after buying an additional 162 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of CoStar Group by 4.8% in the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after buying an additional 166 shares in the last quarter. Zions Bancorporation National Association UT lifted its holdings in shares of CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after buying an additional 166 shares in the last quarter. Finally, United Capital Financial Advisors LLC lifted its holdings in shares of CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

More CoStar Group News

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

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.