Keefe, Bruyette & Woods Lowers Zillow Group (NASDAQ:Z) Price Target to $65.00

Zillow Group (NASDAQ:Z) had its price target lowered by Keefe, Bruyette & Woods from $80.00 to $65.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 18.81% from the stock’s previous close.

Z has been the subject of several other reports. JPMorgan Chase & Co. boosted their target price on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, January 21st. Barclays upgraded shares of Zillow Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Finally, Mizuho lowered shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Zillow Group has an average rating of “Hold” and an average price target of $90.60.

Zillow Group Trading Up 0.8%

Shares of Zillow Group stock opened at $54.71 on Monday. The company’s 50-day moving average price is $67.47 and its 200-day moving average price is $74.58. Zillow Group has a 12-month low of $53.61 and a 12-month high of $93.88. The company has a market cap of $13.24 billion, a price-to-earnings ratio of -390.76, a PEG ratio of 3.15 and a beta of 2.08.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.01 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.41). Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. The firm had revenue of $654.00 million for the quarter, compared to analysts’ expectations of $650.40 million. On average, sell-side analysts predict that Zillow Group will post 0.32 earnings per share for the current year.

Insider Activity at Zillow Group

In related news, insider Dan Spaulding sold 5,455 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $69.40, for a total value of $378,577.00. Following the completion of the sale, the insider directly owned 50,342 shares of the company’s stock, valued at approximately $3,493,734.80. This represents a 9.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Erik C. Blachford sold 965 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $72.51, for a total transaction of $69,972.15. Following the sale, the director owned 33,543 shares in the company, valued at approximately $2,432,202.93. The trade was a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 28,103 shares of company stock worth $1,956,109 in the last quarter. 23.76% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Zillow Group

Several hedge funds have recently modified their holdings of Z. TD Asset Management Inc boosted its position in shares of Zillow Group by 2.4% during the fourth quarter. TD Asset Management Inc now owns 31,998 shares of the financial services provider’s stock worth $2,183,000 after acquiring an additional 736 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Zillow Group by 3.0% in the 4th quarter. CIBC Asset Management Inc now owns 7,550 shares of the financial services provider’s stock worth $515,000 after purchasing an additional 220 shares in the last quarter. AXQ Capital LP purchased a new stake in Zillow Group in the 4th quarter worth $901,000. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Zillow Group by 14.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 55,184 shares of the financial services provider’s stock valued at $3,765,000 after purchasing an additional 7,000 shares during the last quarter. Finally, Forsta AP Fonden grew its position in shares of Zillow Group by 212.7% during the fourth quarter. Forsta AP Fonden now owns 111,000 shares of the financial services provider’s stock valued at $7,572,000 after purchasing an additional 75,500 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

More Zillow Group News

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

• Positive Sentiment: Q4 revenue beat and strong top-line growth — Zillow reported $654 million in Q4 revenue, up ~18% year-over-year, topping estimates, a clear positive for growth expectations. Zillow tops estimates with $654M in Q4 revenue, up 18%
• Positive Sentiment: Management raised Q1 revenue guidance — Zillow set revenue guidance of $700–$710 million for Q1, above the Street consensus (~$690M), suggesting revenue momentum into the quarter. Zillow Q4 press release / guidance
• Positive Sentiment: Company returned to GAAP profitability for the year and posted a small Q4 profit — Zillow swung to a fourth-quarter profit (about $3M), signaling improving unit economics after prior losses. Zillow Swings to Fourth-Quarter Profit as Revenue Climbs
• Neutral Sentiment: Brokerage consensus is “Hold” — analyst recommendations trend neutral, implying limited near-term analyst-driven upside. Zillow Receives Consensus Recommendation of “Hold”
• Neutral Sentiment: Strategic narrative around AI and broader services continues — feature coverage highlights Zillow’s AI investments and diversification, which support longer-term thesis but are less likely to swing the stock intraday. Zillow at 20: Real estate giant leans on AI
• Negative Sentiment: EPS missed the Q4 consensus — Zillow posted EPS of $0.39 vs. the $0.42 consensus, a small miss that pressured margin-focused investors. Zillow (Z) Lags Q4 Earnings Estimates
• Negative Sentiment: Management signaled softer EBITDA dynamics — commentary and guidance nuances around EBITDA were taken negatively by traders concerned about near-term profitability trends. Zillow Q4 earnings: miss slightly, posts strong revenue guidance
• Negative Sentiment: Analyst price-target cut — Keefe, Bruyette & Woods lowered their target from $80 to $65 and moved to “market perform,” which can cap near-term upside. KBW lowers Zillow price target

About Zillow Group

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.