RBC keeps USD 34.00 target for CoStar Group stock

Published on 10/20/2026 at 21:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 925.00 million, up 18.00 percent. CoStar Group stock costs EUR 29.39 on October 20, 2026.

RBC target and earnings date

RBC Capital maintained a USD 34.00 target and Hold rating on October 16, 2026.
Second-quarter 2026 revenue reached USD 925.00 million, up 18.00 percent year over year.
CoStar Group stock costs EUR 29.39 at Lang & Schwarz on October 20, 2026.
Third-quarter 2026 results are scheduled for October 27, 2026.

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RBC Capital maintained a Hold rating and a USD 34.00 price target for CoStar Group in a report dated October 16, 2026, according to Markets Insider. Against the USD 33.05 Nasdaq price on October 20, 2026, the target is 2.87 percent above the price. CoStar Group was trading at EUR 29.39 at Lang & Schwarz on October 20, 2026 at 9:51 p.m. CEST.

Revenue growth sets the operating baseline

CoStar Group reported USD 925.00 million in revenue for the second quarter of 2026, up 18.00 percent from USD 781.00 million in the second quarter of 2025. Net income reached USD 55.00 million, compared with USD 6.00 million a year earlier, while net new bookings totaled USD 69.00 million, up 3.00 percent from the first quarter of 2026, according to Business Wire.

The revenue comparison matters because the company is approaching its next reporting date with a larger base than in 2025. The same release said CoStar Group attracted more than 118 million average monthly unique visitors in the second quarter of 2026, giving its marketplace operations a measurable operating scale.

What does the October 27 date add?

CoStar Group will publish third-quarter 2026 results after the market close on October 27, 2026, followed by a conference call at 5:00 p.m. EDT, Business Wire reported. The company previously guided for third-quarter revenue of USD 935.00 million to USD 945.00 million and diluted earnings per share of USD 0.13 to USD 0.16, according to the company information carried by Simply Wall St.

The valuation picture remains demanding in the companys home market. CoStar Group carried a market capitalization of USD 13.4 billion and a price-to-earnings ratio of 179.93 on October 20, 2026, while its Nasdaq price stood at USD 33.05. The 52-week range was USD 25.89 to USD 79.08 on the same date.

Analyst target leaves limited near-term distance

RBC Capitals USD 34.00 target is only 2.87 percent above the USD 33.05 Nasdaq price, so the October 27 report may provide the next quantified test of the valuation. The companys second-quarter revenue growth of 18.00 percent and net income increase from USD 6.00 million to USD 55.00 million offer the key operating comparisons already visible to investors.

CoStar Group stock at Lang & Schwarz

CoStar Group was trading at EUR 29.39 at Lang & Schwarz on October 20, 2026 at 9:51 p.m. CEST. The price was above EUR 1.00 and the quoted session was after hours in Berlin.

The further course of trading is shown by the continuously updated real-time quote of CoStar Group stock.