CoStar Group (CSGP) Stock Forecast & Price Target

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$72.73

-0.47 (-0.64%)

(As of 06/18/2024 ET)

CoStar Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Consensus Price Target

$102.46
40.88% Upside

High Forecast	$111.00
Average Forecast	$102.46
Low Forecast	$85.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	12 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$102.46	$102.46	$98.30	$87.08
Forecasted Upside	40.88% Upside	15.56% Upside	14.25% Upside	15.21% Upside

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CSGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CSGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CoStar Group Stock vs. The Competition

Type	CoStar Group	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.80	2.59	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	40.88% Upside	208.68% Upside	11.30% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Outperform ➝ Market Outperform	$110.00 ➝ $110.00	+50.27%
6/7/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$109.00 ➝ $109.00	+43.25%
4/25/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$84.00 ➝ $88.00	-2.56%
4/24/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
4/24/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$105.00	+14.42%
4/24/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$90.00 ➝ $107.00	+26.45%
Get the Latest News and Ratings for CSGP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for CoStar Group and its competitors with MarketBeat's FREE daily newsletter.
4/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$85.00 ➝ $95.00	+4.27%
4/10/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$96.00 ➝ $109.00	+19.85%
3/20/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$96.00 ➝ $107.00	+10.53%
3/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$97.00 ➝ $111.00	+15.30%
3/18/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$90.00 ➝ $105.00	+9.07%
2/7/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$90.00 ➝ $97.00	+13.73%
1/19/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral
10/25/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$114.00 ➝ $104.00	+47.29%
10/25/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$100.00 ➝ $85.00	+21.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:04 AM ET.

CSGP Forecast - Frequently Asked Questions

What is CoStar Group's stock forecast and purchase recommendation?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for CoStar Group is $102.46, with a high forecast of $111.00 and a low forecast of $85.00. The consensus rating for CoStar Group stock is Moderate Buy based on the current 3 hold ratings and 12 buy ratings for CSGP. Learn more on CSGP's analyst rating history.
Do Wall Street analysts like CoStar Group more than its competitors?: Analysts like CoStar Group more than other "computer and technology" companies. The consensus rating score for CoStar Group is 2.80 while the average consensus rating score for "computer and technology" companies is 2.60. Learn more on how CSGP compares to other companies.
Does CoStar Group's stock price have much upside?: According to analysts, CoStar Group's stock has a predicted upside of 19.63% based on their 12-month stock forecasts.