CoStar Group očekává ve 3. čtvrtletí tržby ve výši 935–945 mil. USD, což ve středu rozpětí výhledu představuje meziroční růst o 13 %, a upravený zisk na akcii ve výši 31–34 centů.
Key Takeaways CoStar Group expects Q3 revenues to grow 13% year over year at the midpoint.
CSGP's Q3 growth is likely to benefit from strong demand and rising subscriptions.
Improving margins may aid CSGP, while Ten-X weakness and pricing pressures pose risks.
CoStar Group (CSGP - Free Report) is slated to report third-quarter 2026 results on Oct. 27.
For the third quarter of 2026, CoStar Group expects revenues to be between $935 million and $945 million, representing a 13% year-over-year increase at the midpoint, and adjusted earnings of 31-34 cents per share.
The Zacks Consensus Estimate for third-quarter 2026 revenues is currently pegged at $950.99 million, suggesting growth of 14.08% from the year-ago quarter’s levels.
The consensus mark for third-quarter 2026 earnings has been unchanged at 34 cents per share over the past 30 days, suggesting a 47.83% increase from the year-ago quarter’s figure.
CoStar Group’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 21.17%.
Let us see how things have shaped up for CSGP before the announcement.
Factors to Note Ahead of CSGP’s Q3 ResultsCoStar Group’s third-quarter performance is likely to have been driven by strong demand for its commercial real estate information and analytics solutions, growing adoption of its residential marketplaces and improving operational efficiencies.
The company’s Commercial segment is expected to have benefited from increasing subscriptions to the CoStar platform, growing adoption of CoStar Debt Solutions and strong momentum in LoopNet’s paid listings. In the second quarter of 2026, CoStar Group’s revenues increased 9% year over year to $337 million, while LoopNet revenues rose 14% to $87 million. CoStar Group’s subscriber base expanded 19% to 327,000. For the third quarter of 2026, Commercial segment revenues are projected to be between $489 million and $494 million, indicating 7% year-over-year growth at the midpoint.
Residential segment performance is expected to have benefited from continued growth in Apartments.com, Homes.com and Domain. Apartments.com is likely to have gained from increasing paid property listings and strong customer retention, while Homes.com is expected to have benefited from expanding agent subscriptions and the introduction of its Platinum advertising tier. In the second quarter, Apartments.com revenues increased 9% to $318 million, while Homes.com revenues surged 66% to $28.5 million. For the third quarter, Residential segment revenues are expected to be between $446 million and $451 million, representing 20% year-over-year growth at the midpoint.
CoStar Group’s third-quarter profitability is expected to have benefited from disciplined expense management and improving residential operating leverage. The company expects adjusted EBITDA between $190 million and $210 million, implying an adjusted EBITDA margin of approximately 21% at the midpoint, up more than 700 basis points year over year. Commercial adjusted EBITDA is projected to be between $162 million and $172 million, while residential adjusted EBITDA is expected to be between $28 million and $38 million.
However, CSGP’s third-quarter 2026 results are expected to have been hurt by declining Ten-X transaction revenues, slower near-term growth at Homes.com due to sales-force restructuring and pricing pressures at Apartments.com amid intense competition and elevated multifamily vacancies.
What Our Model Says About CSGPOur proven model does not conclusively predict an earnings beat for CoStar Group this time. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
CoStar Group presently has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they report earnings with our Earnings ESP Filter.
Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Cadence Design Systems (CDNS - Free Report) , Seagate Technology (STX - Free Report) , and Amphenol (APH - Free Report) are some stocks with favorable combinations.
Cadence Design Systems has an Earnings ESP of +0.91% and carries a Zacks Rank #2 at present. CDNS is slated to report its third-quarter 2026 results on Oct. 26. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology has an Earnings ESP of +2.49% and sports a Zacks Rank #1 at present. Seagate Technology is set to report its first-quarter fiscal 2027 results on Oct. 27.
Amphenol has an Earnings ESP of +1.72% and a Zacks Rank #2 at present. Amphenol is set to report its third-quarter 2026 results on Oct. 28.
First Citizens Bank & Trust ve třetím čtvrtletí snížila svůj podíl ve společnosti CoStar Group o 87 % prodejem 315 992 akcií; na konci období držela 47 256 akcií.
First Citizens Bank & Trust Co. cut its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 87.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,256 shares of the technology company’s stock after selling 315,992 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in CoStar Group were worth $1,295,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of CSGP. NorthCrest Asset Manangement LLC lifted its position in shares of CoStar Group by 307.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 50,401 shares of the technology company’s stock valued at $1,381,000 after acquiring an additional 38,040 shares in the last quarter. Versant Capital Management Inc lifted its position in CoStar Group by 123.6% in the 3rd quarter. Versant Capital Management Inc now owns 7,671 shares of the technology company’s stock worth $210,000 after buying an additional 4,240 shares in the last quarter. QRG Capital Management Inc. lifted its position in CoStar Group by 85.8% in the 2nd quarter. QRG Capital Management Inc. now owns 57,474 shares of the technology company’s stock worth $1,628,000 after buying an additional 26,535 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in CoStar Group by 5.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 341,444 shares of the technology company’s stock worth $9,670,000 after buying an additional 17,067 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of CoStar Group by 6.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 54,883 shares of the technology company’s stock valued at $1,554,000 after buying an additional 3,195 shares during the period. 96.60% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at CoStar Group In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the sale, the chief accounting officer owned 18,822 shares of the company’s stock, valued at $579,341.16. The trade was a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew Florance purchased 83,300 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were bought at an average price of $29.89 per share, with a total value of $2,489,837.00. Following the purchase, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This represents a 4.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is owned by insiders.
CoStar Group Stock Up 6.3% CSGP stock opened at $32.00 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 1 year low of $25.89 and a 1 year high of $79.08. The company has a fifty day simple moving average of $30.28 and a 200 day simple moving average of $32.04. The firm has a market cap of $12.97 billion, a PE ratio of 168.43, a PEG ratio of 0.76 and a beta of 0.80. CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. CoStar Group’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Sell-side analysts anticipate that CoStar Group, Inc. will post 1.07 EPS for the current fiscal year.
Analyst Upgrades and Downgrades CSGP has been the subject of several recent research reports. Citigroup lowered CoStar Group from a “market outperform” rating to a “neutral” rating and cut their price objective for the stock from $70.00 to $33.00 in a report on Wednesday, July 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $40.00 price target on shares of CoStar Group in a research note on Wednesday, July 29th. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $41.00 to $29.00 in a research note on Wednesday, July 29th. William Blair downgraded CoStar Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price objective on CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, CoStar Group has an average rating of “Hold” and a consensus target price of $40.11.
View Our Latest Report on CSGP
CoStar Group Company Profile (Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes and distributes property and market data used by real estate owners, brokers, investors, lenders, appraisers and other professionals to evaluate properties, track market conditions and support business decisions.
Its portfolio includes CoStar, a commercial real estate information and research platform; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.
Recommended Stories Five stocks we like better than CoStar Group ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle Beyond the GPU: Credo Paves the Next AI Data Superhighway Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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Objem nových pronájmů kancelářských prostor v USA dosáhl za poslední čtyři čtvrtletí průměrně 105 milionů čtverečních stop, což je stále asi o 10 milionů čtverečních stop méně než průměr v letech 2015–2019.
U.S. office leasing has rebounded substantially over the past year, but demand and supply issues are making it difficult for volume to fully recover to pre-pandemic levels, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261009752883/en/
Leasing volume still lags historical norm despite recent recovery
Office tenants signed new leases for an average of 105 million square feet over the past four quarters – an improvement over the prior four-quarter period but remaining roughly 10 million square feet below the 2015-19 average.
“Earlier in the decade, many large occupiers consolidated into smaller footprints in response to post-pandemic ways of working, which may have been the dominant factor in bringing down average lease transaction sizes,” said Phil Mobley, national director of office analytics at CoStar Group. “Since then, per-worker space requirements have stabilized. However, elevated construction and financing costs have stifled construction activity, and renovations remain unusually slow, which means that major occupiers seeking to relocate to updated space have relatively few options.”
At the market level, San Francisco, led by a boom in AI-driven leasing by tech companies, has seen quarterly leasing volume rebound past the market’s pre-pandemic level of 2% of inventory. Volume is also elevated in New York, Nashville, and Miami, while Charlotte and Dallas have recently seen historically typical leasing activity.
The full analysis can be found here.
Note: These findings are based on collected and estimated data from leases executed through the end of the third quarter. As with previously reported leasing data, only new lease commitments are considered. Renewals, which tend to have little impact on overall occupancy, are excluded.
For more information about the company and its products and services, please visit costargroup.com.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261009752883/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
SummaryCoStar Group is rated a buy, supported by robust revenue growth, an investment-grade balance sheet, and strong global positioning in real estate data and digital platforms.Despite a YTD share price decline and ongoing bearish technicals, CSGP shows durable top-line growth, AI-driven platform improvements, and a recovery in EPS and margins.CSGP's low D/E ratio, BBB Fitch rating, and active share buybacks mitigate balance sheet risk, while its $5B goodwill highlights acquisition-execution risk.Forecasts project over 30% upside by Dec. 2027, but sector headwinds and AI execution risk remain key factors to monitor for sustained capital growth. Thai Noipho/iStock via Getty Images
The Other Side of Real Estate: Services and Data as a Business Model If you follow my many articles on REITs, you'll notice I sometimes cite research from real estate services firm CoStar (
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Amundi na konci 2. čtvrtletí snížila podíl v CoStar Group o 4,4 % na 3 135 933 akcií v hodnotě 88,81 milionu USD. Zůstává tak vlastníkem přibližně 0,77 % firmy.
Amundi lessened its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,135,933 shares of the technology company’s stock after selling 144,791 shares during the quarter. Amundi owned approximately 0.77% of CoStar Group worth $88,810,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSGP. Reflection Asset Management bought a new position in CoStar Group during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new position in shares of CoStar Group in the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after buying an additional 513 shares during the last quarter. JPL Wealth Management LLC acquired a new position in CoStar Group in the 3rd quarter valued at about $48,000. Finally, DV Equities LLC acquired a new stake in CoStar Group during the fourth quarter worth approximately $40,000. 96.60% of the stock is owned by institutional investors.
CoStar Group Price Performance CoStar Group stock opened at $29.58 on Thursday. The stock’s 50 day moving average price is $30.37 and its two-hundred day moving average price is $34.96. The stock has a market capitalization of $11.99 billion, a price-to-earnings ratio of 155.69, a PEG ratio of 0.77 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $90.72.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. The firm had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business’s revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, equities analysts predict that CoStar Group, Inc. will post 1.07 earnings per share for the current year. Insider Activity In other news, CEO Andrew Florance purchased 83,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the acquisition, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. The trade was a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.18% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research firms have recently weighed in on CSGP. JPMorgan Chase & Co. dropped their target price on CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Wolfe Research reissued an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $41.00 to $29.00 in a research note on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $40.11.
Check Out Our Latest Report on CSGP
CoStar Group Profile (Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.
In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.
Featured Stories Five stocks we like better than CoStar Group Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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A month has gone by since the last earnings report for CoStar Group (CSGP - Free Report) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is CoStar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
CoStar Group Q2 Earnings Beat Estimates, Revenues Increase Y/YCoStar Group reported adjusted earnings of 32 cents per share for the second quarter of 2026, up 88.2% year over year. The figure surpassed the Zacks Consensus Estimate by 14.29%.
Revenues increased 18.4% year over year to $925 million but missed the consensus estimate by 0.43%. Profitability benefited from disciplined expense management, while net new bookings rose 3% sequentially to $69 million.
CSGP’s Commercial Growth Stays SteadyCommercial Real Estate revenues increased 7.8% year over year to $481 million and accounted for 52% of total revenues. Commercial adjusted EBITDA rose 6.8% to $172 million.
Within the commercial portfolio, CoStar revenues advanced 8.7% to $337 million. LoopNet revenues climbed 14.5% to $87 million, supported by growth in paid listings. Other Commercial Real Estate revenues declined 5% to $57 million, primarily due to lower transaction volumes at Ten-X.
CoStar’s Residential Segment Turns ProfitableResidential Real Estate revenues climbed 33% year over year to $444 million. The segment generated adjusted EBITDA of $12 million, marking the first time that the residential segment turned adjusted EBITDA positive and improving $41 million sequentially.
Apartments.com revenues rose 9% to $318 million. Paid properties increased 12% to nearly 93,000, while monthly renewal rates remained at 99%. Average revenue per property declined 3.6%, primarily reflecting a sales mix shift toward smaller communities.
CSGP Expands Core Platforms and AI ToolsApartments.com generated revenues of $318 million, up 9% year over year. Paid properties increased 12% to nearly 93,000, while monthly renewal rates remained at 99%. Average revenue per property declined 3.6%, reflecting a shift toward smaller communities with lower average pricing.
Homes.com revenues jumped 66% to $28.5 million. Agent subscribers more than doubled to over 36,000, while the monthly cancellation rate improved to 2.4% in June from 6.5% a year earlier. Management plans to introduce higher-priced Platinum advertising during the third quarter.
CSGP launched Apartments.com AI in June. Users completed more than half a million sessions within a few weeks, spending about 20 minutes per session. AI users viewed twice as many listings, while 3D-tour usage rose 225% and traffic-to-lead conversion increased 256%.
CSGP Expands Margins Through Cost DisciplineOperating expenses increased 1.9% year over year to $652 million, significantly slower than revenue growth. Selling and marketing expenses were unchanged at $395 million, while general and administrative expenses declined 6.6% to $114 million.
Software development expenses rose 11.5% to $107 million and customer-base amortization increased 33.3% to $36 million.
Operating income improved to $76 million from an operating loss of $27 million in the year-ago quarter. Adjusted EBITDA more than doubled to $184 million from $85 million.
The adjusted EBITDA margin expanded 900 basis points to 20%, reaching the target level one quarter earlier than management had expected. Adjusted net income increased 73% to $128 million.
CSGP Ends Quarter With Solid Balance SheetCash and cash equivalents were $1.27 billion as of June 30, 2026, compared with $1.63 billion at the end of 2025. Long-term debt was $994 million, broadly unchanged from $993 million at the end of 2025.
For the six months ended June 30, 2026, net cash provided by operating activities totaled $267 million. CSGP repurchased $587 million of stock during the period, including $82.1 million in the second quarter. Management expects full-year repurchases of approximately $700 million.
CSGP Lowers Revenue Outlook, Retains Profit ViewFor the third quarter of 2026, CoStar expects revenues to be between $935 million and $945 million, adjusted EBITDA of $190-$210 million, and adjusted earnings of 31-34 cents per share. Commercial revenues are projected at $489-$494 million, while Residential revenues are expected between $446 million and $451 million.
For 2026, CoStar revised its revenue outlook to $3.715-$3.755 billion. The company affirmed adjusted EBITDA guidance of $780-$820 million and projected adjusted EPS of $1.32-$1.39.
The lower revenue outlook reflects restructuring at Ten-X, sales-force optimization at Homes.com and pricing discipline at Apartments.com.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -11.11% due to these changes.
VGM ScoresCurrently, CoStar has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, CoStar has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerCoStar is part of the Zacks Computers - IT Services industry. Over the past month, Roper Technologies (ROP - Free Report) , a stock from the same industry, has gained 1.3%. The company reported its results for the quarter ended June 2026 more than a month ago.
Roper Technologies reported revenues of $2.11 billion in the last reported quarter, representing a year-over-year change of +8.5%. EPS of $5.38 for the same period compares with $4.87 a year ago.
Roper Technologies is expected to post earnings of $5.79 per share for the current quarter, representing a year-over-year change of +12.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Roper Technologies. Also, the stock has a VGM Score of D.
Shares of CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report) hit a new 52-week low on Wednesday after JPMorgan Chase & Co. lowered their price target on the stock from $58.00 to $52.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. CoStar Group traded as low as $26.39 and last traded at $27.4810, with a volume of 182581 shares trading hands. The stock had previously closed at $30.33.
Other equities research analysts have also issued reports about the stock. BTIG Research reduced their target price on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday. The Goldman Sachs Group restated a “buy” rating and issued a $40.00 price target on shares of CoStar Group in a research note on Wednesday. Wells Fargo & Company set a $26.00 price objective on CoStar Group and gave the stock an “underweight” rating in a research report on Wednesday, June 24th. Royal Bank Of Canada set a $34.00 price objective on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Finally, Stephens decreased their target price on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, CoStar Group currently has an average rating of “Hold” and an average target price of $41.61.
Read Our Latest Stock Analysis on CoStar Group
Insiders Place Their Bets In other news, CEO Andrew C. Florance purchased 71,430 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the purchase, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.18% of the stock is currently owned by company insiders.
Key CoStar Group News Here are the key news stories impacting CoStar Group this week:
Positive Sentiment: CoStar reported second-quarter adjusted earnings of $0.32 per share, above the $0.29 consensus estimate, while revenue increased 18.4% year over year to $925 million. Net income rose sharply, adjusted EBITDA more than doubled, and the residential segment became profitable, signaling improving operating leverage. CoStar Group Q2 2026 Results Positive Sentiment: Full-year 2026 EPS guidance of $1.32 to $1.39 is above the roughly $1.29 analyst consensus, which may support the longer-term investment case despite near-term concerns. Net new bookings also rose 3% sequentially to $69 million. Positive Sentiment: JPMorgan, BTIG and Needham maintained bullish ratings, although each lowered its price target. Their revised targets still imply substantial upside from recent trading levels, suggesting analysts view the selloff as excessive relative to CoStar’s growth prospects. Neutral Sentiment: Apartments.com reported that U.S. apartment rents were essentially flat in July, rising 0.03% to a national average of $1,747. The eighth consecutive monthly increase is modestly encouraging for CoStar’s residential marketplace, but the limited growth indicates a muted near-term housing backdrop. Apartments.com July 2026 Rent Growth Report Negative Sentiment: Third-quarter revenue guidance of $935 million to $945 million and EPS guidance of $0.31 to $0.34 are below consensus expectations of $970.1 million and $0.36, respectively. The outlook raises concerns about slower growth and contributed to the negative reaction following earnings. Negative Sentiment: Several firms reduced their targets, including JPMorgan to $52, BTIG to $42, Needham to $40, Citizens JMP to $35 and Keefe, Bruyette & Woods to $29. The cuts reflect lower near-term estimates and reinforce investor concerns about CoStar’s high valuation and execution risk. Institutional Investors Weigh In On CoStar Group A number of hedge funds and other institutional investors have recently modified their holdings of the company. Reflection Asset Management acquired a new position in shares of CoStar Group during the fourth quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new stake in CoStar Group in the fourth quarter valued at $29,000. DV Equities LLC purchased a new stake in CoStar Group during the 4th quarter worth about $40,000. IFP Advisors Inc lifted its holdings in CoStar Group by 329.4% during the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock worth $41,000 after buying an additional 471 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after acquiring an additional 513 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.
CoStar Group Trading Down 1.6% The firm has a market capitalization of $12.18 billion, a price-to-earnings ratio of 157.01, a PEG ratio of 0.78 and a beta of 0.74. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The company has a 50-day moving average price of $30.74 and a 200-day moving average price of $40.42.
CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. CoStar Group had a return on equity of 3.70% and a net margin of 2.08%.The business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter last year, the company earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, research analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.
About CoStar Group (Get Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.
In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.
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CoStar Group (CSGP - Free Report) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.18 per share when it actually produced earnings of $0.23, delivering a surprise of +27.78%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
CoStar, which belongs to the Zacks Computers - IT Services industry, posted revenues of $925 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.47%. This compares to year-ago revenues of $781.3 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
CoStar shares have lost about 56.6% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for CoStar?While CoStar has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for CoStar was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.37 on $978.07 million in revenues for the coming quarter and $1.34 on $3.81 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
DXC Technology Company. (DXC - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -38.2%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level.
DXC Technology Company.'s revenues are expected to be $2.99 billion, down 5.5% from the year-ago quarter.
CoStar Group čeká za 2. čtvrtletí tržby 922–932 milionů USD, tedy meziročně o 18–19 % více. Tahounem mají být rezidenční tržby, které mají vzrůst o 32–34 %.
Key Takeaways CoStar Group expects Q2 2026 revenues of $922-$932 million, up 18% to19% year over year. Residential revenues are projected to rise 32% to 34%, led by Homes.com and Apartments.com. New products and expansion may help offset high interest rates and sluggish commercial real estate activity. CoStar Group (CSGP - Free Report) is slated to report second-quarter 2026 results on July 28.
For second-quarter 2026, the company expects revenues to be between $922 million and $932 million, indicating 18-19% year-over-year growth.
The Zacks Consensus Estimate for second-quarter 2026 revenues is currently pegged at $929.32 million, suggesting growth of 18.95% from the year-ago quarter’s levels.
For the reported quarter, adjusted earnings per share are anticipated to be in the range of 27 cents to 30 cents. The consensus mark for second-quarter 2026 earnings has been unchanged at 28 cents per share over the past 30 days, suggesting a 64.71% increase from the year-ago quarter’s figure.
CoStar Group’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 22.95%.
Let us see how things have shaped up for CSGP before the announcement.
Factors to Note Ahead of CSGP's Q2 ResultsCoStar Group's second-quarter performance is likely to have been driven by continued strength across its portfolio of digital real estate marketplaces, including Apartments.com, LoopNet and Homes.com.
Strong momentum across the commercial and residential businesses is expected to have supported top-line growth in the to-be-reported quarter. Commercial revenues are expected to be in the range of $479-$484 million, reflecting 7-9% growth from the year-ago quarter, while residential revenues are projected at $443-$448 million, indicating a robust 32-34% increase year over year. The residential segment is also expected to have returned to profitability, highlighting improving operating leverage from Homes.com and Apartments.com.
The commercial segment is poised to benefit from new product rollouts and international expansion. CoStar plans to launch its New Homes platform and commence operations in France in the to-be-reported quarter, while LoopNet's nationwide rollout of asset-based pricing is expected to increase listings, advertiser adoption and revenues. Matterport's expanding enterprise pipeline and deeper integration across CoStar's platforms are also likely to support commercial growth.
Homes.com is expected to have remained a key growth driver, supported by rising subscriber additions, higher agent engagement and attractive returns on investment for members. Integration with Apartments.com is likely to have enhanced cross-platform traffic and monetization, while the rollout of Apartments AI ahead of the Apartmentalize conference is expected to have strengthened customer engagement. Improving sales productivity from representatives hired during 2025, coupled with stronger contributions from field sales teams across Homes.com, Apartments.com, LoopNet and Matterport, is likely to have supported bookings and revenue growth.
However, persistent macroeconomic uncertainty, elevated interest and mortgage rates, and sluggish commercial real estate activity are expected to have remained headwinds.
What Our Model Says About CSGPOur proven model does not conclusively predict an earnings beat for CoStar Group this time. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
CoStar Group presently has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they report earnings with our Earnings ESP Filter.
Stocks to ConsiderHere are some companies worth considering, as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases.
Amphenol (APH - Free Report) has an Earnings ESP of +1.12% and a Zacks Rank #1 at present. APH is set to report second-quarter fiscal 2026 results on July 29. You can see the complete list of today’s Zacks #1 Rank stocks here.
ASE Technology (ASX - Free Report) has an Earnings ESP of +21.21% and a Zacks Rank #2 at present. ASX is scheduled to report its second-quarter 2026 results on July 30.
Celestica (CLS - Free Report) has an Earnings ESP of +1.86% and a Zacks Rank #2 at present. CLS is set to report its second-quarter 2026 results on July 28.
CoStar Group jmenovala Robina Rossmanna novým finančním ředitelem s účinností od 31. července 2026. Ve své evropské divizi za dva roky snížil náklady o zhruba 25 % a dosáhl dvouciferného růstu tržeb.
Rossmann, CoStar Group's Managing Director, Europe, brings more than two decades of financial and operational leadership — over the past two years reducing the Company's European cost structure by 25% while delivering double-digit revenue growth and launching CoStar in France
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Robin Rossmann as Chief Financial Officer, effective July 31, 2026, succeeding Christian Lown, who is stepping down to pursue an opportunity outside the Company's industry. Rossmann will report to Andy Florance, Founder and Chief Executive Officer of CoStar Group.
Rossmann will lead CoStar Group's global finance organization, overseeing the Company's financial and operational performance, capital allocation, financial planning and investor engagement as CoStar Group continues to expand its global platforms, increase profitability and create long-term value for shareholders.
Rossmann currently serves as CoStar Group's Managing Director, Europe, and is a member of the Company's executive leadership team. Over the past two years, he has distinguished himself by dramatically improving the margins of CoStar Group's European business — eliminating approximately $51 million in costs, roughly 25% of the European cost structure — while delivering double-digit revenue growth and launching CoStar in France. Rossmann joined STR in 2016, leading its businesses across EMEA, Asia Pacific and Latin America, and became part of CoStar Group through the Company's acquisition of STR in 2019. Over the past decade with STR and CoStar Group, he has played a central role in launching CoStar Group products across global markets, executing and integrating acquisitions, scaling international operations and advancing strategic initiatives that have strengthened the Company's competitive position.
"Robin is a rare executive who combines deep financial expertise with proven operating leadership and a demonstrated ability to dramatically reduce costs while accelerating growth," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "During his time with CoStar Group, he has consistently delivered outstanding operating performance across our international businesses — driving strong organic revenue growth, expanding margins, successfully integrating acquisitions and launching our products in new markets. Robin knows our business, strategy and culture exceptionally well, and is deeply respected across our leadership team. I look forward to partnering with him as we sharpen our focus on margin expansion and profitable growth."
"CoStar Group has built one of the strongest and most differentiated real estate technology companies in the world," said Rossmann. "I am honored to assume the role of Chief Financial Officer at such an exciting point in the Company's evolution. I look forward to partnering with Andy, our leadership team and our employees to drive disciplined capital allocation, enhance operational efficiency, expand margins and support continued profitable growth while delivering long-term value for our shareholders."
Prior to joining STR, Rossmann, a Chartered Accountant, spent 13 years at Deloitte, where he served as a Senior Director advising many of the world's leading public and private real estate and hospitality companies across the United States, the United Kingdom and other international markets. His experience included financial assurance, internal controls and risk management, financial and commercial due diligence, capital markets transactions, debt advisory, valuation, business planning and investment appraisal.
Lown will step down as Chief Financial Officer effective July 31, 2026. His departure was not the result of any disagreement with the Company relating to the Company's operations, policies or practices.
"On behalf of the Board of Directors and the entire CoStar Group team, I want to thank Chris for his contributions during his tenure with the Company," said Florance. "We appreciate his service and wish him continued success in his future endeavors."
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia's leading property marketplaces. The Company's industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group's websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, the Company is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, CoStar Group plans to utilize its corporate website as a channel of distribution for material Company information. For more information, visit www.CoStarGroup.com.
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about CoStar Group's plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “likely,” “might,” “believe,” “expect,” “observe,” “consider,” “think,” “intend,” “envision,” “will,” “should,” “could,” “would,” “plan,” “target,” “goal,” “estimate,” “predict,” “continue,” “commit,” and “potential” or the negative of these terms or other comparable terminology. Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements. The following factors, among others, could cause or contribute to such differences: our inability to attract and retain new clients; our inability to successfully develop and introduce new or updated online marketplace services, information, and analytics; our inability to compete successfully against existing or future competitors in attracting advertisers and in general; the effects of fluctuations and market cyclicality; the effects of global economic uncertainties and downturns or a downturn or consolidation in the real estate industry; our inability to hire qualified persons for, or retain and continue to develop our sales force, or unproductivity of our sales force; our inability to retain and attract highly capable management and operating personnel; the downward pressure that our internal and external investments may place on our operating margins; our inability to increase brand awareness; our inability to maintain or increase internet traffic to our marketplaces, and the risk that the methods, including Google Analytics, that we use to measure average monthly unique visitors to our portals may misstate the actual number of unique persons who visit our network of mobile applications and websites for a given month or may differ from the methods used by competitors; our inability to attract new advertisers; our inability to successfully identify, finance, integrate, and/or manage costs related to acquisitions; our inability to complete certain strategic transactions if a proposed transaction is subject to review or approval by regulatory authorities pursuant to applicable laws or regulations; our inability to realize the benefits of the acquisitions of Matterport, LLC (“Matterport”) and Domain Holdings Australia Pty Limited; the inability of third-party suppliers upon which Matterport relies to fulfill its needs; the effects of cyberattacks and security vulnerabilities, and technical problems or disruptions; the significant costs associated with undertaking a large infrastructure project; our inability to generate increased revenues from our current or future geographic expansion plans; the risks related to acceptance of credit cards and debit cards and facilitation of other customer payments; the effects of climate-related events and other events beyond our control; the effects related to attention to climate-related risks and opportunities; our inability to obtain and maintain accurate, comprehensive, or reliable data; our inability to obtain and maintain stable data feeds, or disruption of our data feeds; our inability to enforce or defend our ownership and use of intellectual property; the effects of use of new and evolving technologies, including artificial intelligence, on our ability to protect our data and intellectual property from misappropriation by third parties; our inability to defend against potential legal liability for collecting, displaying, or distributing information; our inability to obtain or retain listings from real estate brokers, agents, property owners, and apartment property managers; our inability to maintain or establish relationships with third-party listing providers; our inability to comply with the rules and compliance requirements of Multiple Listing Services; the risks related to open source software; the risks related to international operations; the effects of foreign currency exchange rate fluctuations; our indebtedness; the effects of a lowering or withdrawal of the ratings assigned to our debt securities by rating agencies; the effects of any actual or perceived failure to comply with privacy or data protection laws, regulations, or standards; the effects of changes in tax laws, regulations, or fiscal and tax policies; the effects of third-party claims, litigation, regulatory proceedings, or government investigations; the risks related to return on investment; and the risks related to the specific timing, price, and size of repurchases under the Stock Repurchase Program, including that the Stock Repurchase Program may be suspended or discontinued at any time at the Company’s discretion. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar Group’s filings from time to time with the Securities and Exchange Commission (the “SEC”), including in CoStar Group’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar Group’s other filings with the SEC (including Current Reports on Form 8-K) available at the SEC’s website (www.sec.gov). All forward-looking statements are based on information available to CoStar Group on the date hereof, and CoStar Group assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
CoStar spustila svou vlajkovou platformu ve Francii po akvizici BureauxLocaux a Business Immo. Francouzská databáze pokrývá více než 290 000 nemovitostí, 385 000 komerčních nájemců a 90 000 aktivních nabídek nemovitostí.
Key Takeaways CoStar launched its flagship platform in France after acquiring BureauxLocaux and Business Immo. The French platform covers 290,000 properties, 385,000 tenants and 90,000 active availabilities. CoStar expects Q2 2026 revenues of $922M-$932M, with the Zacks Consensus Estimate implying 18.95% growth. CoStar Group (CSGP - Free Report) shares have plunged 55.4% year to date (YTD), significantly underperforming the Zacks Computer & Technology sector's return of 14.7%. The drop reflects investor concerns surrounding elevated investments in Homes.com and stiff competition against the likes of Zillow, Redfin and Realtor.com as well as a challenging commercial real estate market. These factors have weighed on near-term profitability despite CSGP’s continued double-digit revenue growth.
However, CoStar remains focused on expanding its global real estate ecosystem. On Thursday (July 2), CoStar launched its flagship CoStar platform in France, expanding its commercial real estate intelligence platform to one of Europe’s largest commercial real estate markets. The launch builds on the company's acquisitions of BureauxLocaux and Business Immo, together with years of investment in proprietary local research to create one of the most comprehensive commercial property databases in France.
The platform provides investors, brokers, owners, occupiers and lenders with a single interface to curated property records, live property availabilities, verified sales and lease comparables, exclusive industry news and real-time market analytics. At launch, the French platform covers more than 290,000 commercial properties, 385,000 commercial tenants, 90,000 active property availabilities, 75,000 lease activities and sales comparables along with more than 134 market and submarket reports on key markets such as Greater Paris, Lyon and Marseille.
The launch in France strengthens CoStar’s global network. The company has more than 320,000 commercial real estate professionals who subscribe to its platform, offering French customers access to international commercial property markets and its subscribers the ability to evaluate investment opportunities in France seamlessly. The launch is expected to deepen customer engagement, expand cross-border subscription opportunities and strengthen CoStar's long-term recurring revenue growth.
International Expansion Strengthens CoStar's Growth StoryThe France expansion supports CoStar’s strategy of becoming the leading global commercial real estate information and analytics provider. The company has invested more than $5 billion over the past four decades to build its proprietary real estate database, which now tracks approximately 9 million properties, 8 million commercial tenants, 2 million property owners, 7 million lease activities, 5 million sales comparables and more than 15,000 market reports worldwide.
CoStar continues to expand its commercial real estate platform through new data products and AI-powered solutions. The addition of CoStar Rent Benchmark, CoStar New Homes and CoStar Debt Solutions broadens the platform's capabilities across property analytics, residential construction intelligence and commercial lending. These offerings, combined with the company's growing international footprint, are expected to strengthen CoStar's competitive position, deepen customer engagement and support long-term recurring subscription revenue growth.
CSGP Offers Strong Q2 GuidanceCoStar's expanding commercial real estate platform and growing global footprint position the company well for sustained top-line growth. The company expects second-quarter 2026 revenues to be in the range of $922-$932 million.
The Zacks Consensus Estimate for second-quarter 2026 revenues is pegged at $929.32 million, indicating year-over-year growth of 19%.
The consensus mark for earnings per share is pegged at 28 cents per share, which has remained unchanged over the past 30 days. The figure implies a year-over-year increase of 64.7%.
CSGP’s Zacks Rank & Other Stocks to ConsiderCurrently, CoStar Group carries a Zacks Rank #2 (Buy).
Digital Turbine (APPS - Free Report) , Dell Technologies (DELL - Free Report) and Flex (FLEX - Free Report) are some other top-ranked stocks that investors can consider from the broader Zacks Computer and Technology sector. Digital Turbine, Dell Technologies and Flex sport a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
APPS shares have rallied 154.2% in the year-to-date period. The long-term earnings growth rate for Digital Turbine is pegged at 18.98%.
DELL shares have surged 213.2% in the year-to-date period. The long-term earnings growth rate for Dell Technologies is pegged at 26.35%.
Shares of FLEX have gained 126.5% in the year-to-date period. The long-term earnings growth rate for Flex is pegged at 45.76%.
CoStar Group spustila ve Francii platformu CoStar a nabídne tam data, analytiku a tržní informace pro komerční nemovitosti. Cílí na trh s odhadovanou hodnotou 300 miliard €.
Empowering investors, brokers, owners, and occupiers with the data and analytics needed to succeed in France’s estimated €300 billion commercial real estate market
PARIS--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), an S&P 500 company and the global leader in real estate marketplaces, information, analytics and 3D digital twin technology today announces the official launch of the CoStar platform in France – bringing its commercial real estate intelligence platform to one of Europe’s largest markets. The launch builds on CoStar Group’s acquisitions of BureauxLocaux and Business Immo and significant investment in local proprietary research to create one of the most comprehensive commercial property databases ever built for the French market.
For the first time, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access curated property records, live availabilities, verified sale/lease comparables, exclusive industry news and real-time market analytics built from the ground up for the French market.
The launch was made possible by CoStar Group’s investment of more than $5 billion in proprietary data and technology over four decades to build a proprietary global database that is unmatched in the industry. Globally, the CoStar platform draws on:
9 million properties tracked 8 million commercial tenants and 2 million owners connected to properties 7 million lease activities and 5 million sales comparables 15,000 analytical reports covering markets and submarkets Industry news articles linked directly to properties and people. From launch in France, CoStar will deliver one of the most comprehensive commercial real estate datasets in France spanning office, logistics, and hospitality sectors across the country’s major metropolitan areas – including Greater Paris, Lyon, and Marseille. CoStar clients immediately benefit from more than 290,000 properties tracked, 385,000 commercial tenants, 90,000 availabilities, 75,000 lease activities and sales comparables, over 134 market and submarket analytical reports, and market-leading real estate news.
“France is one of the most important real estate markets in the world, and we are delighted to bring to France the same platform that has transformed how commercial real estate is transacted in the United States, the United Kingdom and Canada. French brokers, investors, owners and occupiers will now be able to source opportunities faster, underwrite more robustly and make decisions with greater confidence,” said Andy Florance, Founder and CEO of CoStar Group. “Commercial real estate operates across borders, and CoStar’s subscriber base of over 320,000 CRE professionals around the world will now find it easier to evaluate opportunities in France, while French CoStar subscribers will be able to access opportunities abroad.”
Sandra Roumi, General Manager France of CoStar Group: "French real estate is entering a new era. Our ambition is clear: to support the real estate ecosystem with the highest standards in data quality, transparency, and technology. CoStar Group is investing heavily to build, alongside the French market, a new generation of tools and services designed to support performance, confidence, and growth."
About CoStar Group
CoStar Group (NASDAQ: CSGP), an S&P 500 company, is the global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986 and headquartered in Arlington, Virginia, CoStar Group has delivered 60 consecutive quarters of double-digit revenue growth, generating $3.2 billion in revenue in 2025. The company has invested more than $5 billion in building its proprietary database, employs over 1,500 researchers worldwide, and operates in more than 15 countries. CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
