Zillow Group (NASDAQ:Z) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Zillow Group (NASDAQ:Z) from a hold rating to a buy rating in a research note released on Saturday.

Several other research firms have also weighed in on Z. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods reduced their price objective on Zillow Group from $60.00 to $50.00 and set a “market perform” rating on the stock in a research note on Thursday. Zacks Research raised Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Weiss Ratings raised Zillow Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday. Finally, Barclays raised Zillow Group from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Zillow Group has a consensus rating of “Moderate Buy” and a consensus target price of $79.75.

Zillow Group Stock Performance

NASDAQ:Z opened at $41.43 on Friday. The stock has a fifty day moving average price of $43.70 and a 200-day moving average price of $58.72. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 165.72, a PEG ratio of 2.03 and a beta of 2.07. Zillow Group has a fifty-two week low of $39.05 and a fifty-two week high of $93.88.

Zillow Group (NASDAQ:Z) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The firm had revenue of $708.00 million during the quarter, compared to the consensus estimate of $705.10 million. Zillow Group had a return on equity of 1.37% and a net margin of 2.27%. Research analysts predict that Zillow Group will post 0.82 EPS for the current fiscal year.

Insider Transactions at Zillow Group

In related news, insider Dan Spaulding sold 5,361 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $43.95, for a total transaction of $235,615.95. Following the sale, the insider owned 41,080 shares in the company, valued at $1,805,466. This represents a 11.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeremy Hofmann sold 7,786 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $43.73, for a total value of $340,481.78. Following the sale, the chief financial officer owned 57,487 shares in the company, valued at approximately $2,513,906.51. The trade was a 11.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 60,801 shares of company stock worth $2,683,986. 25.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in Z. M&T Bank Corp bought a new stake in Zillow Group during the fourth quarter worth $196,677,000. Scge Management L.P. bought a new stake in Zillow Group during the third quarter worth $133,990,000. L1 Capital Pty Ltd grew its holdings in Zillow Group by 24,803.7% during the fourth quarter. L1 Capital Pty Ltd now owns 1,729,313 shares of the financial services provider’s stock worth $117,974,000 after buying an additional 1,722,369 shares in the last quarter. Soma Equity Partners LP grew its holdings in Zillow Group by 389.5% during the third quarter. Soma Equity Partners LP now owns 1,468,492 shares of the financial services provider’s stock worth $113,147,000 after buying an additional 1,168,492 shares in the last quarter. Finally, Amundi grew its holdings in Zillow Group by 183.8% during the fourth quarter. Amundi now owns 1,632,369 shares of the financial services provider’s stock worth $111,360,000 after buying an additional 1,057,192 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.

More Zillow Group News

Here are the key news stories impacting Zillow Group this week:

• Positive Sentiment: Zillow reported Q1 earnings of $0.53 per share, topping estimates, with revenue of $708 million also slightly ahead of expectations. The company also highlighted strong for-sale growth, faster Rentals momentum, and nearly doubled mortgage originations, reinforcing the case that its broader platform strategy is working. Article Title
• Positive Sentiment: Several commentators said Zillow’s earnings power remains intact, pointing to share gains, deeper monetization, and growth in new products such as AI tools, seller services, and pre-marketing initiatives. Article Title
• Positive Sentiment: Zacks Research upgraded Zillow from hold to strong-buy, which can support sentiment by signaling improving analyst confidence in the stock’s outlook. Article Title
• Positive Sentiment: Another bullish take argued that investors are underestimating Zillow’s AI-driven platform transformation and its ability to grow into a more integrated real-estate ecosystem. Article Title
• Neutral Sentiment: JPMorgan and KBW both trimmed price targets, but kept their broader ratings intact. That suggests Wall Street still sees upside, though the lowered targets may cap enthusiasm in the near term. Article Title
• Neutral Sentiment: Zillow’s Q1 report and related coverage also emphasized higher profit, but lower traffic and a mixed housing backdrop, leaving the market focused on whether growth can continue without sacrificing margins. Article Title
• Negative Sentiment: Multiple law firms, including Rosen and Pomerantz, announced or reiterated securities class action investigations tied to alleged misleading business information, adding legal risk and uncertainty for investors. Article Title
• Negative Sentiment: Despite the earnings beat, some market coverage said the stock slipped because Q2 guidance failed to impress, suggesting investors were looking for a stronger forward outlook than Zillow provided. Article Title

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.