Citi Analyst Maintains Buy Rating on CoStar Group with $100 Price Target

Citi analyst Peter Christiansen maintains a Buy rating on CoStar Group with a $100 price target. The stock has a Moderate Buy analyst consensus rating and a $96.73 average price target, representing a 9.62% upside. CoStar Group's market cap is $35.93B and has a P/E ratio of 340.23. However, corporate insider sentiment is negative, with an increase in insiders selling their shares over the past quarter.

In a recent development, Citi analyst Peter Christiansen has maintained a Buy rating on CoStar Group, Inc. (CSGP) with a price target of $100. This rating aligns with a broader Moderate Buy consensus among analysts, who have set an average price target of $96.73, representing a 9.62% upside. As of July 2, 2025, CoStar Group's market capitalization stands at $35.93 billion, with a P/E ratio of 340.23 [1].

CoStar Group's latest financial performance has been encouraging. The company reported adjusted earnings per share (EPS) of $0.17 for the second quarter of 2025, surpassing FactSet estimates of $0.14. Revenue for the quarter amounted to $781.3 million, exceeding FactSet estimates of $772.2 million. Additionally, the company expects adjusted EPS to range between $0.15 and $0.17 for the third quarter, with revenue projected to be between $800.0 million and $805.0 million [1].

Despite the positive financial outlook, corporate insider sentiment on CoStar Group remains negative. There has been an increase in insider selling activities over the past quarter. For instance, FREDERICK G. SAINT, the President of CSGP, sold 25,000 shares for a total of $2,027,500 in the last month [2].

Goldman Sachs analyst George Tong reiterated a Buy rating on CoStar Group, setting a price target of $105.00. Additionally, Needham's Mayank Tandon also issued a Buy rating for the company. However, Wells Fargo maintained a Sell rating on CoStar Group [2].

CoStar Group's stock has seen a range of price targets from various analysts. BMO Capital adjusted its price target to $89 from $82, maintaining a Market Perform rating. RBC raised its price target to $91 from $83, while JPMorgan adjusted its target to $101 from $87, maintaining an Overweight rating. Baird raised its target to $105 from $100, and Deutsche Bank adjusted its target to $92 from $89, both maintaining Buy ratings [1].

In conclusion, while CoStar Group's financial performance is robust, the negative insider sentiment adds a layer of caution for investors. The stock's price targets and analyst ratings indicate a positive outlook, but investors should consider the recent insider activities before making investment decisions.

References:
[1] https://www.marketscreener.com/news/domain-holdings-australia-receives-firb-approval-notification-ce7c5cd3dd8efe24
[2] https://www.theglobeandmail.com/investing/markets/stocks/CSGP/pressreleases/33617556/goldman-sachs-sticks-to-their-buy-rating-for-costar-group-csgp/