CoStar Group (CSGP) Stock Forecast & Price Target

$71.44 +1.60 (+2.29%)

(As of 12/20/2024 05:45 PM ET)

CoStar Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
4

Buy
10

Based on 14 Wall Street analysts who have issued ratings for CoStar Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 4 have given a hold rating, and 10 have given a buy rating for CSGP.

Consensus Price Target

$93.25
30.53% Upside

According to the 14 analysts' twelve-month price targets for CoStar Group, the average price target is $93.25. The highest price target for CSGP is $105.00, while the lowest price target for CSGP is $75.00. The average price target represents a forecasted upside of 30.53% from the current price of $71.44.

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CSGP Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	12 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$93.25	$93.25	$96.38	$94.18
Forecasted Upside	30.53% Upside	21.12% Upside	24.58% Upside	7.67% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CSGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CSGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CoStar Group Stock vs. The Competition

Type	CoStar Group	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.71	2.68	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	30.53% Upside	264.23% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent CSGP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/16/2024	JMP Securities 2 of 5 stars		Reiterated Rating	Market Outperform ➝ Market Outperform	$90.00 ➝ $90.00	+20.03%
12/9/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$100.00 ➝ $100.00	+29.33%
10/24/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$97.00 ➝ $90.00	+23.75%
10/24/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$78.00 ➝ $75.00	+2.99%
10/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$108.00 ➝ $99.00	+41.43%
10/23/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Sabadra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$96.00 ➝ $83.00	+7.97%
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7/24/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$105.00 ➝ $100.00	+25.99%
7/24/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$108.00 ➝ $93.00	+15.28%
7/22/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$111.00 ➝ $89.00	+18.30%
7/17/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$109.00 ➝ $100.00	+31.15%
4/24/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform
4/24/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$105.00	+14.42%
4/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$85.00 ➝ $95.00	+4.27%
1/19/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
10/25/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$100.00 ➝ $85.00	+21.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:07 AM ET.

Should I Buy CoStar Group Stock? CSGP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these CoStar Group pros and cons to contact@marketbeat.com.

CoStar Group
Bull Case

Here are some ways that investors could benefit from investing in CoStar Group, Inc.:

The stock has shown resilience with a current price of $74.91, which is near its 52-week low of $68.26, potentially indicating a buying opportunity for investors looking for value.
CoStar Group, Inc. reported a year-over-year revenue increase of 10.9%, demonstrating strong growth in its business operations, which is a positive indicator for future performance.
The company has a high quick ratio of 9.63, suggesting it has ample liquidity to cover its short-term liabilities, which can provide stability during economic fluctuations.
Analysts have a consensus rating of "Moderate Buy" with an average price target of $93.25, indicating that there is optimism about the stock's potential for appreciation.
Recent earnings exceeded expectations, with the company reporting $0.22 earnings per share, surpassing the consensus estimate of $0.16, which reflects strong operational performance.

CoStar Group
Bear Case

Investors should be bearish about investing in CoStar Group, Inc. for these reasons:

The stock has recently been downgraded by multiple analysts, including a shift from "hold" to "sell" by StockNews.com, which may indicate a lack of confidence in the stock's near-term performance.
CoStar Group, Inc. has a high price-to-earnings (P/E) ratio of 177.84, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
Despite revenue growth, the company reported a net margin of only 6.57%, which may raise concerns about profitability and cost management.
Recent price target reductions by analysts, such as from Royal Bank of Canada lowering their target from $96.00 to $83.00, could signal a bearish outlook on the stock's future performance.
Insider ownership is relatively low at 1.57%, which may suggest that those with the most knowledge of the company are not heavily invested, potentially raising concerns about confidence in the company's future.

CSGP Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for CoStar Group is $93.25, with a high forecast of $105.00 and a low forecast of $75.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CSGP shares.
: According to analysts, CoStar Group's stock has a predicted upside of 30.53% based on their 12-month stock forecasts.
: Over the previous 90 days, CoStar Group's stock had 1 downgrade by analysts.
: CoStar Group has been rated by research analysts at BMO Capital Markets, Citigroup, JMP Securities, JPMorgan Chase & Co., Needham & Company LLC, and Royal Bank of Canada in the past 90 days.
: Analysts like CoStar Group more than other "computer and technology" companies. The consensus rating score for CoStar Group is 2.71 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how CSGP compares to other companies.

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This page (NASDAQ:CSGP) was last updated on 12/21/2024 by MarketBeat.com Staff

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CoStar Group (CSGP) Stock Forecast & Price Target