BMO Capital Markets Issues Pessimistic Forecast for CoStar Group (NASDAQ:CSGP) Stock Price

CoStar Group (NASDAQ:CSGP) had its price target dropped by investment analysts at BMO Capital Markets from $77.00 to $72.00 in a research report issued on Thursday, MarketBeat reports. The firm presently has a “market perform” rating on the technology company’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 23.10% from the company’s current price.

A number of other analysts have also recently weighed in on CSGP. Needham & Company LLC restated a “buy” rating and issued a $105.00 price objective on shares of CoStar Group in a research note on Monday, December 8th. Wells Fargo & Company set a $60.00 target price on shares of CoStar Group and gave the stock an “underweight” rating in a research report on Monday, November 17th. Jefferies Financial Group upgraded shares of CoStar Group to a “hold” rating in a report on Wednesday, October 29th. Citizens Jmp lowered their price target on CoStar Group from $100.00 to $78.00 and set a “market outperform” rating on the stock in a research report on Thursday. Finally, Raymond James Financial set a $74.00 price objective on CoStar Group in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.38.

CoStar Group Trading Down 4.7%

CoStar Group stock opened at $58.49 on Thursday. CoStar Group has a one year low of $58.41 and a one year high of $97.43. The company’s fifty day moving average price is $66.92 and its two-hundred day moving average price is $78.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12. The company has a market capitalization of $24.79 billion, a price-to-earnings ratio of 1,169.80, a PEG ratio of 1.35 and a beta of 0.84.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $833.60 million during the quarter, compared to analysts’ expectations of $823.62 million. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The business’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 earnings per share. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, analysts forecast that CoStar Group will post 0.94 earnings per share for the current fiscal year.

CoStar Group declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, January 7th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Trading of CoStar Group

Several institutional investors have recently modified their holdings of CSGP. NewSquare Capital LLC increased its position in shares of CoStar Group by 35.6% during the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock valued at $33,000 after purchasing an additional 108 shares during the period. Emerald Advisers LLC increased its holdings in CoStar Group by 1.9% in the 2nd quarter. Emerald Advisers LLC now owns 5,763 shares of the technology company’s stock valued at $463,000 after buying an additional 110 shares during the period. Empirical Finance LLC increased its holdings in CoStar Group by 1.4% in the 2nd quarter. Empirical Finance LLC now owns 8,376 shares of the technology company’s stock valued at $673,000 after buying an additional 114 shares during the period. Wallace Advisory Group LLC raised its stake in shares of CoStar Group by 2.5% in the 2nd quarter. Wallace Advisory Group LLC now owns 5,201 shares of the technology company’s stock valued at $412,000 after buying an additional 126 shares in the last quarter. Finally, STF Management LP lifted its holdings in shares of CoStar Group by 2.1% during the 2nd quarter. STF Management LP now owns 6,269 shares of the technology company’s stock worth $504,000 after acquiring an additional 128 shares during the period. Institutional investors and hedge funds 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: Board approved a $1.5 billion share buyback (up to ~5.3% of shares); buybacks can support the stock and signal management sees shares as undervalued. CoStar Group (NASDAQ:CSGP) to Buyback $1.50 billion in Outstanding Shares
• Positive Sentiment: Company set FY26 guidance implying roughly 18% year‑over‑year revenue growth — a growth outlook that supports long‑term valuation if execution continues. CoStar sees ~18% Y/Y growth in FY26 revenue
• Positive Sentiment: CoStar market data shows U.S. office leasing activity rose ~5% in 2025 (Boston strongest); improving leasing fundamentals help demand for CoStar’s data and subscription services. CoStar data shows office leasing activity rose 5% in 2025
• Positive Sentiment: Apartments.com reported a modest rebound in U.S. apartment rent growth in December — a positive signal for CoStar’s rentals/marketplace segment revenue. Apartments.com Releases Multifamily Rent Growth Report for December 2025
• Neutral Sentiment: Analyst survey / deep dive summarizes seven recent ratings — several firms remain positive but many trimmed price targets, showing mixed sentiment among sell‑side analysts. Deep Dive Into CoStar Group Stock: Analyst Perspectives (7 Ratings)
• Neutral Sentiment: Market commentary is asking whether the $1.5B buyback reshapes CoStar’s growth story versus returning cash — importance depends on execution and whether buybacks materially lift EPS. Is CoStar (CSGP) Using Its New $1.5 Billion Buyback To Redefine Its Growth Story?
• Negative Sentiment: Multiple analysts cut price targets recently (BMO lowered to $72; Goldman, Needham, Citizens Jmp also trimmed targets), which can pressure the stock as sell‑side comps and short‑term sentiment weaken. CoStar Group price target lowered to $72 from $77 at BMO Capital

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.