Goldman Reiterates Buy as CoStar’s 449th-Busiest Stock Drives $3B Residential Market Expansion

, 2025, , ranking 449th in market activity. Goldman Sachs reiterated a Buy rating and $105 price target, emphasizing growth potential in the U.S. residential real estate market. highlighted inefficiencies in current portals favoring lead generation over property marketing, . Residential bookings remain robust, , while tiered pricing adjustments for Homes.com aim to sustain growth amid average net price declines.

The company’s international expansion continued with the acquisition of Australia’s Domain and ongoing investments in the UK’s OnTheMarket. Commercial business resilience was noted despite a weak real estate environment, driven by strong institutional demand for CoStar Suite and low cancellations. . , reflecting strategic momentum.

Wolfe Research initiated coverage with an Outperform rating and $105 price target, citing Homes.com’s growth potential and sustained performance in Apartments.com. , . .

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