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CoStar Group, Inc.
$27.54▼ 13.96% today
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Why CoStar Group, Inc. (CSGP) stock moved

Updated Oct 29, 2026

CoStar Group, Inc. (CSGP) shares tumbled 14.0% to $27.54 as of October 29, 2026, a sharp decline from the prior close of $32.01. BestStocks flagged the session as a major change for CSGP. The move is tied to a new SEC filing. Below, we break down what changed for CSGP, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

SEC Filing

CSGP tumbled 14.0% in its latest session, moving from $32.01 to $27.54.

FilingsHigh confidence
Rel. volume
2.7×
Very High
Vs peers
—
No comparable peers
Market cap
$11.2B
NASDAQ Global Select
Analyst target
$37
+33.7% vs price
Price chart
Sep 28 – Oct 29
VFNENNNVVENNNV$27$31$36Sep 28Oct 6Oct 14Oct 21Oct 29
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for CoStar Group, Inc. investors

For CoStar Group, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Earnings beat — stock sold off (sell-the-news reaction); Positive price momentum. Weighing against that: Sharp 14.0% decline — elevated risk; High volume 2.7x on decline — distribution signal. Wall Street's consensus price target sits at $36.82, implying +33.7% upside from $27.54. BestStocks rates the overall signal quality high (80/100). With earnings roughly 117 days out, the next report is the most likely near-term test of the move.

CSGP price reaction

CSGP last traded at $27.54, down $4.47 (-13.96%) from the previous close of $32.01. The session traded on 2.7× average volume (very high), so the move carried above-average conviction. Over the past month the stock has ranged between $26.95 and $35.45, and it currently sits about 7% of the way up that band.

Bullish and bearish analyst opinions on CoStar Group, Inc. (CSGP)

The consensus analyst price target on CoStar Group, Inc. (CSGP) is $36.82, 33.7% above the recent $27.54. Over the past 90 days analysts logged 0 upgrades, 6 maintains, and 0 downgrades. Here is how the bullish and bearish cases on CSGP line up.

The bullish case

  • Wall Street's consensus price target of $36.82 implies +33.7% upside from $27.54.
  • The Street's most bullish target is $44.00 (+59.8%).
  • Earnings beat — stock sold off (sell-the-news reaction).
  • Positive price momentum.

The bearish case

  • Sharp 14.0% decline — elevated risk.
  • High volume 2.7x on decline — distribution signal.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Oct 29, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $37+33.7%
= 6 maintains
JP Morgan maintained Overweight · 2026-10-28
SEC filings watch
10-Q2026-10-28
Quarterly financial results
medium
8-K2026-10-27
Material event — review for impact
high
8-K2026-08-21
Material event — review for impact
high
10-Q2026-07-29
Quarterly financial results
medium
Peer context
CSGP-14.0%

Previous notable changes for CSGP

Valuation2026-10-28-14.0%via Seeking Alpha ↗
CoStar Group fell 13.32% to $27.75 following Q3 2026 earnings and an 8-K filing today that disclosed a sharp reduction in Homes.com investment plans (over $300 million cut in 2026, over $100 million annually thereafter) and weakened forward guidance, according to the web catalyst. Wells Fargo and other analysts issued price target cuts in reaction. Volume surged to 7.6M shares, 3.37x the time-adjusted average, reflecting heavy institutional selling.
News2026-10-28-14.0%
Apartments.com subsidiary released Q3 RentPulse Index showing apartment markets tightening while renters retain negotiating power.
Material / Earnings2026-10-27-5.0%
CoStar Group, Inc. (CSGP) reported EPS of $0.38 vs. $0.34 consensus estimate for Q3 FY2026, beating by 12.8%.
News2026-10-27-5.0%
CoStar reported record Q3 revenue of $952M and doubled adjusted EBITDA to $229M, raising 2026 guidance.

In-depth CSGP event analyses

Permanent, dated analyses of CSGP's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2027-02-23 (est.)
in 117 days
Earnings Release
2027-02-23
High impact
Thesis shift
Bearish Shift
bearish signal
Risk level
Low
from change events

Frequently asked questions about CSGP

Why did CoStar Group, Inc. (CSGP) stock move?

CSGP tumbled 14.0% to $27.54. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did CSGP stock fall?

CSGP lost 13.96% ($4.47) versus the prior close of $32.01, last trading at $27.54 on 2.7× average volume.

When is CoStar Group, Inc.'s next earnings date?

CSGP's next earnings report is estimated for 2027-02-23 — about 117 days away.

What is the analyst price target for CSGP?

The consensus analyst price target for CSGP is $36.82, about 33.7% above the current $27.54. Over the past 90 days, analysts recorded 0 upgrades, 6 maintains, and 0 downgrades.

How BestStocks tracks CSGP

This page is generated automatically by BestStocks' change-detection system after a new SEC filing was detected and verified against independent data sources. It draws on 20 tracked change events for CSGP, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 29, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.