CoStar Group stock heads toward October 27 earnings as revenue grows 18 percent

Published on 10/07/2026 at 06:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CoStar Group stock was trading at USD 27.63 on October 6, 2026, while Q2 revenue reached USD 925 million. Q3 results are due October 27.

CSGP, US22160N1090, Illustration mit AI erstellt.

CoStar Group (ISIN US22160N1090) was trading at USD 27.63 on Nasdaq on October 6, 2026, only USD 1.74 above its 52-week low of USD 25.89. The next measurable catalyst is CoStar Group's Q3 2026 earnings release on October 27, 2026, after the market close, according to Business Wire.

Q2 revenue reached USD 925 million

CoStar Group's second-quarter revenue rose 18 percent year over year to USD 925 million for the period ended June 30, 2026, while net income reached USD 55 million. The figures came with adjusted EPS of USD 0.32, up 88 percent from the prior-year quarter, according to CoStar Group in its July 28, 2026 release.

The operating picture improved sharply across the same quarter. Adjusted EBITDA increased 116 percent year over year to USD 184 million, while net new bookings reached USD 69 million, up 3 percent from the first quarter, according to CoStar Group.

Homes.com reaches a profitability milestone

Homes.com revenue increased 66 percent year over year to USD 28.5 million in Q2 2026. The residential segment also generated adjusted EBITDA of USD 12 million, a USD 41 million improvement from the first quarter, while CoStar Group's websites attracted 118 million average monthly unique visitors, according to CoStar Group on September 14, 2026.

Analysts see upside above USD 40

Needham reiterated its Buy rating and set a USD 40.00 price target on October 6, 2026, according to MarketBeat. The same overview lists nine Buy, nine Hold and two Sell ratings, producing a Hold consensus from 20 analysts with an average target of USD 40.11. That average target lies 45.15 percent above the USD 27.63 share price.

CoStar Group stock stays near its yearly low

At USD 27.63 on October 6, 2026, CoStar Group stock stood 67.6 percent below its 52-week high of USD 81.45 and near the low end of its annual range. The market capitalization was USD 11.2 billion, and 4,577,745 shares traded during the session.