Zillow Group (NASDAQ:ZG) Given New $46.00 Price Target at Cantor Fitzgerald

Zillow Group (NASDAQ:ZG) had its price target trimmed by Cantor Fitzgerald from $56.00 to $46.00 in a research note released on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

A number of other brokerages have also commented on ZG. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, January 21st. UBS Group set a $80.00 target price on shares of Zillow Group in a research report on Wednesday, February 11th. Citigroup cut their target price on shares of Zillow Group from $100.00 to $78.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Royal Bank Of Canada reissued an “outperform” rating and issued a $95.00 price target on shares of Zillow Group in a report on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of Zillow Group from $73.00 to $61.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. Fourteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zillow Group presently has a consensus rating of “Hold” and a consensus target price of $77.05.

Zillow Group Stock Performance

Zillow Group stock opened at $43.40 on Wednesday. The business’s 50-day simple moving average is $51.31 and its 200-day simple moving average is $64.77. The firm has a market capitalization of $10.41 billion, a PE ratio of 482.28, a PEG ratio of 2.52 and a beta of 2.05. Zillow Group has a 52 week low of $40.69 and a 52 week high of $90.22.

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

Insider Activity

In other Zillow Group news, CFO Jeremy Hofmann sold 7,786 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $43.73, for a total transaction of $340,481.78. Following the transaction, the chief financial officer owned 57,487 shares of the company’s stock, valued at approximately $2,513,906.51. This represents a 11.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Bradley D. Owens sold 2,602 shares of Zillow Group stock in a transaction on Friday, February 13th. The shares were sold at an average price of $44.42, for a total value of $115,580.84. Following the completion of the sale, the general counsel directly owned 33,355 shares of the company’s stock, valued at $1,481,629.10. This trade represents a 7.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 60,801 shares of company stock worth $2,683,986. 17.14% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Zillow Group

Several hedge funds have recently added to or reduced their stakes in ZG. Norges Bank bought a new stake in Zillow Group during the 2nd quarter worth about $159,770,000. M&T Bank Corp lifted its position in Zillow Group by 38,344.0% during the 4th quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after purchasing an additional 1,600,097 shares during the period. UBS Group AG boosted its stake in shares of Zillow Group by 44.5% in the 4th quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock valued at $69,489,000 after purchasing an additional 313,643 shares during the last quarter. Tiger Global Management LLC grew its position in shares of Zillow Group by 30.7% during the 4th quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock worth $69,849,000 after buying an additional 240,690 shares during the period. Finally, Virtu Financial LLC grew its position in shares of Zillow Group by 271.9% during the 3rd quarter. Virtu Financial LLC now owns 293,718 shares of the technology company’s stock worth $21,864,000 after buying an additional 214,743 shares during the period. Institutional investors own 20.32% of the company’s stock.

More Zillow Group News

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

• Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and a $95 price target, implying large upside and offering analyst support for the recovery narrative. RBC reaffirmation
• Positive Sentiment: Zillow unveiled an AI-powered conversational home-search tool — a product move that could increase user engagement and monetization if adoption scales. Zillow unveils AI-powered conversational tool for home search
• Positive Sentiment: Zillow will present its “AI-native” housing platform strategy at an AI Summit for Investors — a visible investor outreach event that could help clarify growth levers and product roadmap. Zillow Group to highlight AI-native housing platform strategy at AI Summit for Investors
• Neutral Sentiment: Reports show a “large increase” in short interest in March, but the published data contains zeros/NaN and 0‑day ratios — likely a reporting anomaly. This creates noise rather than a clear bearish signal until corrected or confirmed.
• Negative Sentiment: Cantor Fitzgerald trimmed its price target from $56 to $46 and moved to a “neutral” rating, which is a downward revision to near-term expectations and likely weighing on sentiment. Cantor Fitzgerald price target cut

Zillow Group Company Profile

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.