
CoStar Group (CSGP) Stock Forecast & Price Target
CoStar Group (CSGP) Analyst Ratings
Bulls say
CoStar Group is witnessing positive growth trends across its core business lines, highlighted by a 2.4% quarter-over-quarter and 10.8% year-over-year revenue increase, driven in part by expanding product adoption among lenders and strong performance from its flagship products like CoStar Suite and LoopNet. The company's diversification into residential markets has also proven beneficial, with residential revenue soaring 181% year-over-year, bolstered by successful marketing campaigns. Additionally, anticipated improvements in overall market conditions for commercial real estate are expected to enhance both revenue and EBITDA growth, further reinforcing a positive financial outlook.
Bears say
CoStar Group has experienced a significant decline of 14.5% in information services revenue year-over-year, largely attributed to the integration of its STR business into CoStar Suite. The company's anticipated growth for 2025 is hindered by weak commercial real estate transaction activity and soft bookings forecasts for 2024, raising concerns regarding prolonged challenges in the CRE market. Additionally, the company's shift towards expanding its residential business may negatively impact margins without enhancing its growth prospects, exacerbating the already uncertain penetration into underdeveloped market segments.
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