CoStar Group stock rises 6.94 percent to EUR 28.75

Published on 10/15/2026 at 19:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Needham kept a USD 40.00 target on October 6, 2026. CoStar Group stock costs EUR 28.75 on October 15, 2026, up 6.94 percent on Nasdaq.

Nasdaq move and upcoming results

Nasdaq trading lifted CoStar Group stock 6.94 percent on October 15, 2026.
Needham maintained a USD 40.00 target on October 6, 2026.
CoStar Group stock costs EUR 28.75 at Lang & Schwarz on October 15, 2026 at 7:04 p.m. CEST, up 6.94 percent on Nasdaq.
CoStar Group is due to report third-quarter results on October 27, 2026.

CSGP, US22160N1090, Illustration mit AI erstellt.

CoStar Group stock was up 6.94 percent on Nasdaq on October 15, 2026. The Globe and Mail reported that Needham reiterated its Buy rating and a USD 40.00 price target on October 6, 2026. The euro quote at Lang & Schwarz stood at EUR 28.75 at 7:04 p.m. CEST.

Second-quarter revenue reached USD 925.0 million

CoStar Group's second-quarter revenue was USD 925.0 million, compared with USD 781.3 million a year earlier. Net income reached USD 55.0 million, versus USD 6.2 million in the prior-year quarter, according to Markets Insider. The figures cover the quarter ended June 30, 2026.

Price position after the Nasdaq move

The Nasdaq quote stood at USD 32.20 on October 15, 2026 at 1:08 p.m. EDT, with a day range of USD 30.45 to USD 32.24. CoStar Group's 52-week range was USD 25.89 to USD 79.08, putting the price 24.37 percent above the low and 59.29 percent below the high. The stock's year-to-date performance was minus 56.05 percent as of October 13, 2026.

Valuation and October 27 results

CoStar Group had a market capitalization of USD 13.0 billion and a price-to-earnings ratio of 175.36 on October 15, 2026. The company does not pay a dividend. Its investor-relations calendar lists third-quarter results for October 27, 2026, followed by a conference call at 5:00 p.m. EDT, according to CoStar Group.

Comparison with peers

CSGP (Nasdaq, USD): plus 6.94 percent, P/E 175.36, market capitalization USD 13.0 billion

CBRE (NYSE, USD): plus 4.47 percent, P/E 30.88, market capitalization USD 39.0 billion

Jones Lang LaSalle (NYSE, USD): plus 4.33 percent, P/E 14.77, market capitalization USD 14.2 billion

The euro quote after hours

CoStar Group's Nasdaq move was stronger than the same-day gains recorded by CBRE and Jones Lang LaSalle. The comparison also highlights the wide valuation gap, with CoStar Group's price-to-earnings ratio well above both peers.

The euro quote at Lang & Schwarz stood at EUR 28.75 on October 15, 2026 at 7:04 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of CoStar Group stock.