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Zillow Group, Inc. Class C
$32.36 6.45% today
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Why Zillow Group, Inc. Class C (Z) stock moved

Updated Sep 9, 2026

Zillow Group, Inc. Class C (Z) shares tumbled 6.4% to $32.36 as of September 9, 2026, a significant decline from the prior close of $34.59. BestStocks flagged the session as a major change for Z. Below, we break down what changed for Z, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Z fell 6.4% to $32.36

Z tumbled 6.4% in its latest session, moving from $34.59 to $32.36.

ValuationMedium confidence
Rel. volume
1.2×
Normal
Vs peers
No comparable peers
Market cap
$7.8B
NASDAQ Global Select
Analyst target
$60
+86.4% vs price
Price chart
Aug 10 – Sep 9
VEEEEEEEEEE$32$35$37Aug 10Aug 17Aug 25Sep 1Sep 9
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 Zillow Group, Inc. Class C investors

For Zillow Group, Inc. Class C investors, the recent signals add up to a bearish shift. On the constructive side: Z moved +8.89% from its $30.70 open to a $33.43 close on 2026-08-06; Zillow Group, Inc. Class C (Z) moved +6.23% from $31.86 to $33.84 on 2026-07-15. Weighing against that: Material negative event; Sharp 6.4% decline — elevated risk. Wall Street's consensus price target sits at $60.33, implying +86.4% upside from $32.36. BestStocks rates the overall signal quality medium (60/100). With earnings roughly 50 days out, the next report is the most likely near-term test of the move.

Z price reaction

Z last traded at $32.36, down $2.23 (-6.45%) from the previous close of $34.59. The session traded on 1.2× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $32.36 and $37.05, and it currently sits about 0% of the way up that band.

Bullish and bearish analyst opinions on Zillow Group, Inc. Class C (Z)

The consensus analyst price target on Zillow Group, Inc. Class C (Z) is $60.33, 86.4% above the recent $32.36. Over the past 90 days analysts logged 0 upgrades, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on Z line up.

The bullish case

  • Wall Street's consensus price target of $60.33 implies +86.4% upside from $32.36.
  • The Street's most bullish target is $68.00 (+110.1%).
  • Z moved +8.89% from its $30.70 open to a $33.43 close on 2026-08-06.
  • Zillow Group, Inc. Class C (Z) moved +6.23% from $31.86 to $33.84 on 2026-07-15.
  • Positive price momentum.

The bearish case

  • Material negative event.
  • Sharp 6.4% decline — elevated risk.
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 Sep 9, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $60+86.4%
= 4 maintains
JP Morgan maintained Overweight · 2026-08-11
SEC filings watch
10-Q2026-08-05
Quarterly financial results
medium
8-K2026-08-05
Material event — review for impact
high
8-K2026-06-03
Material event — review for impact
high
Peer context
Z-6.4%

Previous notable changes for Z

Material / Earnings2026-09-02+3.4%
Zillow Group, Inc. Class C (Z) moved +2.84% from $33.63 to $34.58 on 2026-09-02. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, suggesting the move was not driven by unusual trading activity or a discrete event.
Material / Earnings2026-09-01-4.3%
Zillow Group, Inc. Class C (Z) moved −2.62% from $34.35 to $33.45 on September 1, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Material / Earnings2026-08-26-3.2%
Zillow Group, Inc. Class C (Z) moved -3.19% from $36.10 to $34.95 on 2026-08-26. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average, suggesting the move was not driven by unusual demand.
Material / Earnings2026-08-25-2.6%
Zillow Group, Inc. Class C (Z) moved -3.35% from $37.34 to $36.09 on 2026-08-25. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.

In-depth Z event analyses

Permanent, dated analyses of Z's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2026-10-29 (est.)
in 50 days
10-Q Filing (est.)
2026-11-04
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
Low
from change events

Frequently asked questions about Z

Why did Zillow Group, Inc. Class C (Z) stock move?

Z tumbled 6.4% to $32.36. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did Z stock fall?

Z lost 6.45% ($2.23) versus the prior close of $34.59, last trading at $32.36 on 1.2× average volume.

When is Zillow Group, Inc. Class C's next earnings date?

Z's next earnings report is estimated for 2026-10-29 — about 50 days away.

What is the analyst price target for Z?

The consensus analyst price target for Z is $60.33, about 86.4% above the current $32.36. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 0 downgrades.

How BestStocks tracks Z

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared Z-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for Z, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 9, 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 dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.