
CoStar Group (CSGP) Stock Forecast & Price Target
CoStar Group (CSGP) Analyst Ratings
Bulls say
CoStar Group has demonstrated robust performance with a revenue growth of 10.8% year-over-year and a quarterly increase of 2.4%, reflecting its ability to enhance market presence and capitalize on unmet demands, particularly in Europe. The successful expansion of flagship products like CoStar Suite and LoopNet, with growth rates of 9.5% and mid-single digits respectively, indicates solid operational resilience despite challenging commercial real estate transaction volumes. Additionally, the impressive year-over-year growth of 181% in residential revenue suggests a strong momentum for CoStar Group as it continues to evolve and adapt its offerings in a competitive marketplace.
Bears say
CoStar Group's information services revenue experienced a significant decline of 14.5% year-over-year, primarily attributed to the consolidation of the STR business into CoStar Suite, which indicates challenges in maintaining revenue streams. Furthermore, the company's guidance for the first quarter of fiscal year 2025 reflects subdued expectations, as sustained weakness in commercial real estate transactions is anticipated to hinder growth prospects amid a challenging macroeconomic environment. Additionally, the ongoing struggle to penetrate less-developed market segments, coupled with potential customer consolidations and cost-cutting measures within its core client base, poses further risks to CoStar Group's long-term financial performance.
This aggregate rating is based on analysts' research of CoStar Group and is not a guaranteed prediction by Public.com or investment advice.
CoStar Group (CSGP) Analyst Forecast & Price Prediction
Start investing in CoStar Group (CSGP)
Order type
Buy in
Order amount
Est. shares
0 shares