Cantor Fitzgerald Cuts Zillow Group (NASDAQ:ZG) Price Target to $56.00

Zillow Group (NASDAQ:ZG) had its price target reduced by Cantor Fitzgerald from $68.00 to $56.00 in a research note released on Wednesday, Marketbeat.com reports. They currently have a neutral rating on the technology company’s stock.

Several other analysts also recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of Zillow Group from $73.00 to $61.00 and set an “equal weight” rating on the stock in a report on Tuesday. Citigroup restated a “market outperform” rating on shares of Zillow Group in a research report on Monday, January 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $78.00 price target on shares of Zillow Group in a report on Friday, October 31st. KeyCorp reduced their price objective on Zillow Group from $90.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Finally, BNP Paribas Exane initiated coverage on Zillow Group in a report on Wednesday, January 14th. They issued an “outperform” rating and a $85.00 price objective for the company. Fifteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $78.43.

Zillow Group Stock Performance

Shares of ZG stock opened at $43.30 on Wednesday. Zillow Group has a fifty-two week low of $42.25 and a fifty-two week high of $90.22. The firm has a market capitalization of $10.48 billion, a PE ratio of 481.16, a P/E/G ratio of 3.24 and a beta of 2.04. The stock’s 50-day simple moving average is $64.81 and its 200-day simple moving average is $71.81.

Zillow Group (NASDAQ:ZG) last released its earnings results on Tuesday, February 10th. The technology company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Zillow Group had a return on equity of 0.56% and a net margin of 0.89%.The firm had revenue of $654.00 million for the quarter, compared to analyst estimates of $650.40 million. During the same period last year, the firm earned $0.27 EPS. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. Sell-side analysts forecast that Zillow Group will post 0.32 earnings per share for the current year.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CAO Jennifer Rock sold 2,164 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $44.22, for a total transaction of $95,692.08. Following the completion of the transaction, the chief accounting officer directly owned 39,026 shares in the company, valued at approximately $1,725,729.72. This represents a 5.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Jun Choo sold 2,061 shares of Zillow Group stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $44.23, for a total transaction of $91,158.03. Following the completion of the sale, the chief operating officer owned 108,927 shares in the company, valued at approximately $4,817,841.21. This trade represents a 1.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 23,753 shares of company stock worth $1,148,029. 17.14% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Zillow Group in the 2nd quarter worth about $159,770,000. M&T Bank Corp raised its holdings in shares of Zillow Group by 38,344.0% during the fourth quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after acquiring an additional 1,600,097 shares during the last quarter. UBS Group AG lifted its position in shares of Zillow Group by 44.5% in the fourth quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock valued at $69,489,000 after acquiring an additional 313,643 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Zillow Group by 60.1% in the third quarter. Wellington Management Group LLP now owns 557,735 shares of the technology company’s stock valued at $41,518,000 after acquiring an additional 209,312 shares in the last quarter. Finally, Virtu Financial LLC boosted its stake in shares of Zillow Group by 271.9% in the third quarter. Virtu Financial LLC now owns 293,718 shares of the technology company’s stock worth $21,864,000 after acquiring an additional 214,743 shares during the last quarter. 20.32% of the stock is owned by hedge funds and other institutional investors.

Zillow Group News Summary

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

• Positive Sentiment: Zillow highlights a profitability milestone and faster rentals growth, which supports the company’s longer‑term path to sustainable earnings. Zillow Group Profitability Milestone Highlights Rentals Growth And Valuation Gap
• Neutral Sentiment: Citigroup cut its price target (from $100 to $78) but maintained a Buy rating, keeping upside expectations though at a lower valuation. Benzinga: Citigroup price target note
• Neutral Sentiment: Analyst commentary and features discuss potential catalysts and valuation tradeoffs — useful for investors weighing near‑term legal/earnings headwinds versus longer‑term revenue momentum. What Catalysts Are Recasting The Story For Zillow Group (ZG)?
• Negative Sentiment: Q4 adjusted EPS missed expectations (reported roughly $0.39 vs. consensus ~ $0.42), prompting heavy selling pressure and a sharp weekly decline. Earnings execution shortfall is the primary near‑term catalyst for the share drop. Zillow Stock Drops Nearly 20% This Week After Earnings Miss
• Negative Sentiment: Several analysts trimmed targets and/or ratings (Wells Fargo cut its target to $61; Barclays issued a Hold), reducing near‑term analyst support and pressuring sentiment. Wells Fargo & Company Cuts Zillow Group Price Target
• Negative Sentiment: Multiple insider sales were disclosed this week (including the General Counsel, CTO, COO, CAO and other insiders), which investors often view as a negative signal about confidence or a source of additional selling supply. Representative SEC filing: Insider Form 4 filing
• Negative Sentiment: Shares hit a new 12‑month low after the mix of the earnings miss, price‑target cuts and the spike in trading volume — signaling increased near‑term downside risk until clarity returns on margins and legal/headline issues. Zillow Group Sets New 12-Month Low Following Weak Earnings

About Zillow Group

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.