Barclays Cuts Zillow Group (NASDAQ:ZG) Price Target to $66.00

Zillow Group (NASDAQ:ZG) had its price objective lowered by Barclays from $72.00 to $66.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has an equal weight rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on ZG. Canaccord Genuity Group set a $72.00 price target on Zillow Group in a report on Wednesday. BNP Paribas Exane assumed coverage on shares of Zillow Group in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $85.00 target price for the company. Cantor Fitzgerald lowered their target price on shares of Zillow Group from $68.00 to $56.00 and set a “neutral” rating on the stock in a report on Wednesday. Sanford C. Bernstein dropped their price target on shares of Zillow Group from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Finally, Piper Sandler restated an “overweight” rating and issued a $85.00 price objective (down previously from $94.00) on shares of Zillow Group in a research report on Friday, October 31st. Fifteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.43.

Zillow Group Stock Down 0.9%

Shares of ZG stock opened at $43.30 on Wednesday. The stock’s 50-day moving average price is $64.81 and its 200 day moving average price is $71.81. The stock has a market capitalization of $10.48 billion, a PE ratio of 481.16, a price-to-earnings-growth ratio of 3.24 and a beta of 2.04. Zillow Group has a 52-week low of $42.25 and a 52-week high of $90.22.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.39 earnings per share 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 company had revenue of $654.00 million for the quarter, compared to analyst estimates of $650.40 million. During the same period in the previous year, the business posted $0.27 earnings per share. The firm’s revenue was up 18.1% compared to the same quarter last year. Analysts expect that Zillow Group will post 0.32 earnings per share for the current fiscal year.

Insider Transactions at Zillow Group

In other Zillow Group news, General Counsel Bradley D. Owens sold 2,602 shares of the stock in a transaction dated 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 transaction, the general counsel directly owned 33,355 shares of the company’s stock, valued at approximately $1,481,629.10. This trade represents a 7.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO David A. Beitel sold 3,966 shares of Zillow Group stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $44.22, for a total transaction of $175,376.52. Following the sale, the chief technology officer owned 136,690 shares of the company’s stock, valued at approximately $6,044,431.80. The trade was a 2.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 23,753 shares of company stock valued at $1,148,029. 17.14% of the stock is owned by company insiders.

Hedge Funds Weigh In On Zillow Group

Several hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in Zillow Group by 78.9% during the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock worth $33,000 after purchasing an additional 187 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in Zillow Group in the fourth quarter valued at $34,000. Kestra Advisory Services LLC purchased a new position in shares of Zillow Group in the fourth quarter valued at $47,000. Quarry LP purchased a new position in shares of Zillow Group in the fourth quarter valued at $56,000. Finally, Global Retirement Partners LLC raised its stake in shares of Zillow Group by 4,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 846 shares of the technology company’s stock worth $58,000 after buying an additional 826 shares during the last quarter. 20.32% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Zillow Group

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

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.