RBC keeps USD 34.00 target for CoStar Group stock
Published on 10/17/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading data
- RBC Capital maintained a USD 34.00 target for CoStar Group on October 16, 2026.
- CoStar Group reported USD 925.00 million in second-quarter 2026 revenue.
- CoStar Group stock last stood at EUR 28.75 at Lang & Schwarz on October 16, 2026, up 0.97 percent on Nasdaq versus the prior close.
- The market capitalization was USD 13.1 billion on October 16, 2026.
RBC Capital maintained a USD 34.00 price target and a Hold rating for CoStar Group on October 16, 2026, according to Markets Insider. CoStar Group stock last stood at EUR 28.75 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, up 0.97 percent on Nasdaq versus the prior close.
RBC target leaves a measured gap
The USD 34.00 target stood 5.23 percent above the USD 32.31 Nasdaq price at the October 16, 2026 close. The target therefore provides a clear valuation reference, while the Hold rating signals a more cautious stance than the target alone might suggest.
Revenue reached USD 925.00 million
CoStar Group reported USD 925.00 million in revenue and USD 55.00 million in net income for the second quarter of 2026, compared with USD 781.30 million in revenue and USD 6.20 million in net income a year earlier, according to Markets Insider. Revenue increased 18.38 percent year over year, while net income rose from USD 6.20 million to USD 55.00 million.
Price position and valuation
The Nasdaq price was USD 32.31 at 4:00 p.m. ET on October 16, 2026. CoStar Group's 52-week range was USD 25.89 to USD 79.08, and its market capitalization was USD 13.1 billion on that date. The price-to-earnings ratio was 175.98, while the dividend yield was 0.00 percent.
CoStar Group is scheduled to report third-quarter 2026 results on October 27, 2026, after the market closes, with its conference call scheduled for 5:00 p.m. ET, according to MarketBeat.
Comparison with peers
CoStar Group (Nasdaq, USD): plus 0.97 percent, price-to-earnings ratio 175.98, market capitalization USD 13.1 billion.
Zillow Group (Nasdaq, USD): minus 1.70 percent, price-to-earnings ratio 144.32, market capitalization USD 7.2 billion.
Redfin Corporation (Nasdaq, USD): minus 0.36 percent, price-to-earnings ratio minus 8.23, market capitalization USD 1.4 billion.
Trading context
CoStar Group provides real estate information, analytics and online marketplaces, with its Nasdaq listing and S&P 500 membership confirmed on the company investor-relations page. The combination of a high price-to-earnings ratio and a scheduled October 27 results date keeps operating growth central to the valuation discussion.
At Lang & Schwarz, CoStar Group stock last stood at EUR 28.75 on October 16, 2026 at 10:59 p.m. CEST. The Nasdaq price was USD 32.31 at 4:00 p.m. ET on October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of CoStar Group stock.
CoStar Group stock at a glance
- Company: CoStar Group, Inc.
- ISIN: US22160N1090
- Ticker: CSGP
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 16, 2026, 10:59 p.m. CEST): EUR 28.75
- Change on Nasdaq: plus 0.97 percent on October 16, 2026
- Market capitalization: USD 13.1 billion (as of October 16, 2026)
- 52-week range: USD 25.89-USD 79.08 (as of October 16, 2026)
- Sector / Industry: Real Estate / Real Estate Services
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
