Zillow Group (NASDAQ:ZG) Receives “Outperform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Zillow Group (NASDAQ:ZG) in a research note issued to investors on Wednesday,Benzinga reports. Royal Bank Of Canada currently has a $95.00 target price on the technology company’s stock.

A number of other analysts also recently issued reports on ZG. Susquehanna set a $50.00 target price on shares of Zillow Group in a research report on Thursday, February 12th. KeyCorp reduced their price target on shares of Zillow Group from $90.00 to $75.00 and set an “overweight” rating on the stock in a research report on Friday, February 6th. Sanford C. Bernstein dropped their price objective on shares of Zillow Group from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Benchmark reissued a “buy” rating on shares of Zillow Group in a research note on Wednesday, February 11th. Finally, Mizuho set a $65.00 target price on shares of Zillow Group in a report on Wednesday, February 11th. Fourteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $77.05.

Zillow Group Trading Down 3.7%

ZG stock opened at $43.40 on Wednesday. The company has a market cap of $10.41 billion, a PE ratio of 482.28, a price-to-earnings-growth ratio of 2.52 and a beta of 2.05. The stock has a 50-day moving average price of $51.31 and a two-hundred day moving average price of $64.77. Zillow Group has a 12-month low of $40.69 and a 12-month high of $90.22.

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

Insider Activity

In other news, insider Dan Spaulding sold 5,361 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $43.95, for a total value of $235,615.95. Following the sale, the insider owned 41,080 shares in the company, valued at approximately $1,805,466. This represents a 11.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jeremy Wacksman sold 13,661 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $44.25, for a total transaction of $604,499.25. Following the transaction, the chief executive officer directly owned 116,322 shares in the company, valued at $5,147,248.50. The trade was a 10.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 60,801 shares of company stock worth $2,683,986 over the last ninety days. Insiders own 17.14% of the company’s stock.

Institutional Trading of Zillow Group

Several institutional investors and hedge funds have recently bought and sold shares of ZG. Smartleaf Asset Management LLC lifted its holdings in Zillow Group by 78.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock worth $33,000 after buying an additional 187 shares during the last quarter. Arax Advisory Partners increased its holdings in shares of Zillow Group by 402.3% in the 4th quarter. Arax Advisory Partners now owns 442 shares of the technology company’s stock valued at $30,000 after acquiring an additional 354 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of Zillow Group during the 4th quarter valued at approximately $34,000. Kestra Advisory Services LLC acquired a new stake in shares of Zillow Group during the 4th quarter valued at approximately $47,000. Finally, Quarry LP bought a new position in Zillow Group during the fourth quarter worth $56,000. Institutional investors and hedge funds own 20.32% of the company’s stock.

Trending Headlines about Zillow Group

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.