# CoStar Group, Inc. (CSGP)

> Source: Nexqual · https://nexqual.com/CSGP · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, CoStar Group, Inc. (CSGP), nexqual.com/CSGP" · informational, not investment advice.

**Price:** USD 32 (+6.28% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 32 · day 30.45–32.5 · 52w 25.89–79.08 · market cap null · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $3.56B, net income $73.6M (2.1% margin), free cash flow $280M (SEC filings).
- 4 of 80 tracked superinvestors hold CSGP (13F, Q2 2026): 0 new, 2 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.33 on a 1–5 scale) (21 analysts), mean target USD 37.4 (range 25–53).
- Total return with dividends: 1Y -57.0% vs S&P 500 +18.1%; 5Y -65.9% vs S&P 500 +85.1%.
- Next earnings: 2026-10-27, EPS estimate USD 0.34, revenue estimate $959M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.94B | $2.18B | $2.46B | $2.74B | $3.25B | $3.56B |
| Gross profit | $1.59B | $1.77B | $1.96B | $2.18B | $2.56B | — |
| Operating income | $432M | $451M | $282M | $5.0M | -$72.0M | $77.0M |
| Net income | $293M | $370M | $375M | $139M | $7.0M | $73.6M |
| EPS (diluted) | $0.74 | $0.93 | $0.92 | $0.34 | $0.02 | — |
| Free cash flow | $346M | $444M | $372M | -$186M | $123M | $280M |
| Gross margin | 81.6% | 81.0% | 80.0% | 79.6% | 78.9% | — |
| Operating margin | 22.2% | 20.7% | 11.5% | 0.2% | -2.2% | 2.2% |
| Net margin | 15.1% | 16.9% | 15.3% | 5.1% | 0.2% | 2.1% |
| Revenue growth | +17.2% | +12.3% | +12.5% | +11.4% | +18.7% | — |
| Cash + short-term investments | $3.80B | $5.00B | $5.20B | $4.68B | $1.63B | — |
| Total debt | $988M | $989M | $991M | $992M | $993M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)

P/E at fiscal year-ends: Dec 2025 4041.1x, Dec 2024 210.0x, Dec 2023 94.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
4 of 80 tracked investors hold CSGP. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Chuck Akre | Akre Capital Management | 6.49% | $331M | Added +13.1% |
| Polen Capital | Polen Capital Management | 2.14% | $248M | Reduced -30.3% |
| Wallace Weitz | Weitz Investment Management | 0.83% | $12.0M | Reduced -18.1% |
| Hillman Capital | Hillman Capital Management | 0.22% | $304K | Added +25.6% |

## Analysts
Consensus Buy (mean 2.33 on a 1–5 scale), 21 analysts; mean target USD 37.4 (low 25, high 53).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Needham | Reiterated | Buy | $40 |
| 2026-08-24 | BMO Capital | Target raised | Market Perform | $31 → $33 |
| 2026-07-29 | Citigroup | Downgrade | Buy → Neutral | $70 → $33 |
| 2026-07-29 | JP Morgan | Target lowered | Overweight | $58 → $52 |
| 2026-07-29 | William Blair | Downgrade | Outperform → Market Perform |  |
| 2026-07-29 | Citizens | Target lowered | Market Outperform | $44 → $35 |
| 2026-07-29 | Wolfe Research | Target lowered | Outperform | $35 → $32 |
| 2026-07-29 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | $41 → $29 |
| 2026-07-29 | BTIG | Target lowered | Buy | $55 → $42 |
| 2026-07-29 | Needham | Target lowered | Buy | $50 → $40 |
| 2026-07-14 | Baird | Downgrade | Outperform → Neutral | $48 → $34 |
| 2026-07-13 | RBC Capital | Target lowered | Sector Perform | $39 → $34 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -57.0% | -65.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -57.1% | -19.3% |
| Volatility (annualized) | 46.4% | 36.9% |
| Max drawdown | -65.5% (Oct 2025→Sep 2026) | -72.4% (Oct 2021→Sep 2026) |

## Peers (Real Estate Services)
JLL (Jones Lang LaSalle Incorporated) USD 310.79 +4.18% · BEKE (KE Holdings Inc) USD 17.83 +1.36% · COMP (Compass, Inc.) USD 9.62 +9.19% · FSV (FirstService Corporation) USD 135.07 +3.26% · CIGI (Colliers International Group In) USD 90.58 +5.35% · CBRE (CBRE Group Inc) USD 135.49 +4.49%

## More
Full page: https://nexqual.com/CSGP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt