CoStar Group, Inc.’s Stock Price Drops to $74.17: A Sharp 10.31% Plunge in Value

CoStar Group, Inc. (CSGP)

74.17 USD -8.53 (-10.31%) Volume: 12.49M

CoStar Group, Inc.’s stock price stands at 74.17 USD, experiencing a significant drop of -10.31% in this trading session with a high trading volume of 12.49M. Despite the recent dip, CSGP has managed a positive YTD change of +3.60%, reflecting its resilience in the market.

Latest developments on CoStar Group, Inc.

CoStar Group Inc. has seen a mix of highs and lows recently, with reports of rising revenue and strong growth in Q1 2025, despite an expected loss of US$27 million. The company’s Homes.com platform continues to expand, with increased agent adoption and exclusive reports on the Washington D.C. housing market. However, CoStar Group stock fell on Wednesday, underperforming the market, following a Q1 earnings call where EPS forecasts were missed. Despite this, Needham raised their target price for CoStar Group to $98 based on the strong Q1 results, indicating potential upside in the real estate services sector.

CoStar Group, Inc. on Smartkarma

Analyst coverage on Smartkarma by Harry Kalfas highlights CoStar Group’s $1.6 billion acquisition of Matterport, a move set to revolutionize digital real estate. The merger, structured with a mix of cash and stock, is on the brink of completion and is already influencing major U.S. indexes. The report sheds light on the regulatory hurdles faced and the optimistic outlook for the acquisition’s finalization, with implications expected to be felt predominantly on an intra-quarter basis.

With a bullish sentiment, Harry Kalfas‘ research report on Smartkarma delves into the strategic implications of CoStar Group’s acquisition of Matterport. The $1.6 billion deal is poised to enhance Costar Group‘s digital real estate capabilities significantly. The analysis also touches on the potential impact of the acquisition on major U.S. indices, signaling a transformative period for the company and the sector as a whole.

A look at CoStar Group, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CoStar Group Inc. is projected to have a positive long-term outlook based on the Smartkarma Smart Scores. With a high Resilience score of 4 and Momentum score of 5, the company is well-positioned to weather market fluctuations and maintain strong growth momentum. Although its Dividend and Growth scores are lower, the company’s Value score of 3 indicates that it is still considered a solid investment option.

CoStar Group Inc. is a key player in providing essential building-specific information to the commercial real estate industry in the United States. With a database that includes detailed information on office and industrial spaces, as well as digitized photographs and floor plan images, the company plays a crucial role in supporting the operations of related industries. Overall, the company’s Smartkarma Smart Scores suggest a promising future ahead.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma