Goldman Sachs Lowers its Price Target on CoStar Group (CSGP) to $63

CoStar Group, Inc. (NASDAQ:CSGP) is 1 of the 10 Beaten Down Stocks Insiders Are Piling Into.

On March 19, 2026, Goldman Sachs expert George Tong lowered the terms people connected CoStar Group, Inc. (NASDAQ:CSGP) to $63 from $73 and maintained a Buy rating. George Tong said postulation astatine Homes.com has moderated, with February uniques down 8% twelvemonth implicit year, creating unit connected residential revenue, portion noting Apartments.com postulation remains stronger. George Tong added that portion little concern spending could enactment EBITDA borderline enlargement done 2028, softer bookings trends and imaginable disclosure changes present uncertainty astir near-term maturation and gross visibility.

On March 11, 2026, CoStar Group, Inc. (NASDAQ:CSGP) issued a connection responding to claims from D. E. Shaw, saying it has “never reported Homes.com results arsenic a abstracted segment” and that its displacement to product-based reporting provides “more transparency” done disclosures of revenue, EBITDA, and margins crossed Residential and Commercial segments. The institution besides said investors should expect continued Homes.com disclosures connected net calls and questioned D. E. Shaw’s intentions, citing its ownership successful competitors, portion noting the summation of advisory firms, including Clare Locke LLP, Goldman Sachs & Co. LLC, Latham & Watkins LLP, and Joele Frank.

CoStar Group, Inc. (NASDAQ:CSGP) provides existent property information, analytics, and online marketplace services globally.

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