Citizens Jmp Issues Pessimistic Forecast for CoStar Group (NASDAQ:CSGP) Stock Price

CoStar Group (NASDAQ:CSGP) had its price objective lowered by investment analysts at Citizens Jmp from $100.00 to $78.00 in a report released on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s price objective suggests a potential upside of 33.36% from the stock’s previous close.

Several other brokerages also recently weighed in on CSGP. BTIG Research assumed coverage on shares of CoStar Group in a research note on Friday, October 3rd. They issued a “neutral” rating for the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a $91.00 price objective on shares of CoStar Group in a report on Thursday, October 9th. Wells Fargo & Company set a $60.00 target price on CoStar Group and gave the stock an “underweight” rating in a research note on Monday, November 17th. Raymond James Financial set a $74.00 target price on CoStar Group in a research report on Wednesday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $105.00 price target on shares of CoStar Group in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.38.

CoStar Group Price Performance

CSGP opened at $58.49 on Thursday. The firm has a market capitalization of $24.79 billion, a PE ratio of 1,169.80, a price-to-earnings-growth ratio of 1.35 and a beta of 0.84. 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 business’s 50-day moving average is $66.92 and its two-hundred day moving average is $78.81. CoStar Group has a 1 year low of $58.41 and a 1 year high of $97.43.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The business had revenue of $833.60 million during the quarter, compared to analyst estimates of $823.62 million. During the same period in the prior year, the firm posted $0.22 earnings per share. The company’s quarterly revenue was up 20.4% on a year-over-year basis. 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. Research analysts anticipate that CoStar Group will post 0.94 earnings per share for the current fiscal year.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CSGP. Quent Capital LLC acquired a new stake in shares of CoStar Group in the third quarter worth $26,000. Rossby Financial LCC boosted its holdings in CoStar Group by 315.9% in the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in CoStar Group during the 3rd quarter worth about $28,000. Bayforest Capital Ltd acquired a new stake in CoStar Group during the 1st quarter worth about $29,000. Finally, Westside Investment Management Inc. raised its stake in shares of CoStar Group by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the last quarter. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

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

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.