CoStar Group Inc (NASDAQ: CSGP) Price Target Adjusted by BTIG

Font: Financial Modeling Prep  • Feb 26, 2026

• BTIG adjusted its price target for CoStar Group Inc (NASDAQ: CSGP) to $60, indicating a potential 34% increase from its current trading price.
• CoStar reported strong fourth-quarter earnings of 31 cents per share, surpassing consensus estimates and achieving its 59th consecutive quarter of double-digit revenue growth.
• The company's FY2026 sales guidance projects steady growth, with expected revenues between $3.78 billion and $3.82 billion.

CoStar Group Inc (NASDAQ: CSGP), a leading provider of commercial real estate information, analytics, and online marketplaces, competes with companies like Zillow and Redfin in the real estate data and analytics space. On February 25, 2026, BTIG adjusted its price target for CoStar Group to $60, down from $80. At the time, CSGP was trading at $44.78, suggesting a potential 34% increase.

Despite this adjustment, CoStar's recent financial performance has been strong. The company reported fourth-quarter earnings of 31 cents per share, surpassing the consensus estimate of 27 cents. CoStar's quarterly sales reached $900 million, exceeding the analyst consensus of $885.967 million. However, the company's FY26 adjusted EPS guidance, with a midpoint of $1.22-$1.33, fell short of some expectations. CoStar affirmed its sales guidance for FY2026, projecting between $3.78 billion and $3.82 billion, indicating steady growth.

CEO Andy Florance highlighted CoStar's 59th consecutive quarter of double-digit revenue growth and an 83% year-over-year increase in Adjusted EBITDA. He emphasized the completion of major efforts for the national brand launch of Homes.com and the introduction of Homes AI, a sophisticated real estate AI application.

Currently, CSGP's stock price is $44.78, reflecting an 8.89% decrease with a $4.37 change. The stock has fluctuated between $43.17 and $47.10 today. Over the past year, it reached a high of $97.43 and a low of $43.17. CoStar's market capitalization stands at approximately $18.98 billion, with a trading volume of 11.63 million shares.