CoStar Group (CSGP) demonstrates robust
growth and
strategic momentum, with Q2 2025 revenue surpassing expectations and leading to a 6.9% stock increase.
Goldman Sachs and
KBW retain their buy ratings, while RBC Capital maintains a hold stance. Despite mixed Q2 earnings,
technical strength seems improved as
record revenue growth continues. Various investment banks, including RBC and BMO Capital, increased their target prices for CSGP, reflecting high conviction in the data giant's long-term potential. CSGP named
Grant Montgomery as National Director of Multifamily Analytics, signaling leadership changes. The financial results ended June 30 reveal increased revenues but a drop in net income. Insiders have recently sold $8.6m of stock, potentially signaling caution. Citi maintains its buy rating with a $100 price target. Amidst all these, Q2 reports present a healthy year-over-year
revenue increase of 15% and an all-time high for
quarterly net bookings. Despite evident short-term pain, long-term gains are expected, cementing CSGP as a strong contender in the real estate data market.
Costar Group CSGP News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Fri, 25 Jul 2025 23:32:37 GMT -
Rating 8
- Innovation 9
- Information 8
- Rumor -4
