Market closed · After hours · 6:29 PM ET
Last update: Nov 10, 2026, 6:21 PM ET
Zillow Group, Inc. Class A
$29.51▼ 5.66% today
After Hours

Why Zillow Group, Inc. Class A (ZG) stock moved

Updated Nov 10, 2026

Zillow Group, Inc. Class A (ZG) shares tumbled 5.7% to $29.51 as of November 10, 2026, a significant decline from the prior close of $31.28. BestStocks flagged the session as a major change for ZG. The move is tied to company news. Below, we break down what changed for ZG, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Company News

Zillow Group shares fell 6.5% on September 8, 2026, as the company's newly released August market report highlighted that elevated mortgage rates continue to dampen home sales, with newly pending sales and inventory growth both decelerating. The decline also reflected broader sector weakness, as rising Treasury yields and inflation concerns pressured rate-sensitive real estate technology stocks.

NewsMedium confidence
Rel. volume
1.3×
Normal
Vs peers
—
No comparable peers
Market cap
$6.7B
NASDAQ Global Select
Analyst target
$43
+46.3% vs price
Price chart
Oct 12 – Nov 10
VNNVNNENVNEN$29$32$35Oct 12Oct 19Oct 27Nov 3Nov 10
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 A investors

For Zillow Group, Inc. Class A investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; ZG moved +8.48% from its $31.12 open to a $33.76 close on 2026-08-06. Weighing against that: Sharp 5.7% decline — elevated risk; Zillow Group reported downbeat Q3 results today, triggering a 9.00% intraday decline to $31.35 from $34.45 (per Benzinga). Wall Street's consensus price target sits at $43.18, implying +46.3% upside from $29.51. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality medium (61/100). With earnings roughly 91 days out, the next report is the most likely near-term test of the move.

ZG price reaction

ZG last traded at $29.51, down $1.77 (-5.66%) from the previous close of $31.28. The session traded on 1.3× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $28.69 and $35.14, and it currently sits about 13% of the way up that band.

Bullish and bearish analyst opinions on Zillow Group, Inc. Class A (ZG)

Latest catalyststrengthens the bear case
The latest catalyst — negative company news — it strengthens the bear case.

The consensus analyst price target on Zillow Group, Inc. Class A (ZG) is $43.18, 46.3% above the recent $29.51. Over the past 90 days analysts logged 0 upgrades, 17 maintains, and 1 downgrade. Here is how the bullish and bearish cases on ZG line up.

The bullish case

  • Wall Street's consensus price target of $43.18 implies +46.3% upside from $29.51.
  • The Street's most bullish target is $80.00 (+171.1%).
  • Positive price momentum.
  • ZG moved +8.48% from its $31.12 open to a $33.76 close on 2026-08-06.

The bearish case

  • The most bearish analyst target is $26.00 (-11.9%).
  • 1 analyst downgrade in the past 90 days, most recently Keybanc to Sector Weight (2026-11-09).
  • Sharp 5.7% decline — elevated risk.
  • Zillow Group reported downbeat Q3 results today, triggering a 9.00% intraday decline to $31.35 from $34.45 (per Benzinga).
  • Zillow Group, Inc. Class A moved -5.92% intraday from $31.59 to $29.72.
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 Nov 10, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $43+46.3%
= 17 maintains↓ 1 downgrades
Citigroup maintained Buy · 2026-11-09
SEC filings watch
8-K2026-09-17
Material event — review for impact
high
8-K2026-08-24
Material event — review for impact
high
Peer context
ZG-5.7%

Previous notable changes for ZG

Valuation2026-11-10-5.7%via Yahoo Finance ↗
Zillow Group fell 6.01% to $29.40 following a Q3 earnings miss and weak forward guidance. The company reported Q3 revenue of $724 million (vs. consensus ~$754 million) and adjusted EPS of $0.55 (vs. expected $0.59), per the web_catalyst summary. Management's Q4 2026 guidance of $635–$665 million midpoint trails expectations by ~8%, driven by mortgage rates above 7% dampening homebuying demand and causing residential for-sale revenue to decline 4% year-over-year. KeyBanc downgraded ZG from Overweight to Sector Weight, and Morgan Stanley, RBC Capital, and Cantor Fitzgerald cut price targets.
News2026-11-06-2.7%
Zillow Group scheduled to present at RBC Capital Markets Global Technology conference in November 2026.
Risk2026-11-05-9.4%via Benzinga ↗
Zillow Group reported downbeat Q3 results today, triggering a 9.00% intraday decline to $31.35 from $34.45 (per Benzinga). The sell-off aligns with a broader weakness in consumer tech—HubSpot and Snap also fell in Thursday's pre-market—though ZG's own earnings miss appears to be the primary catalyst. Volume is running 1.69x normal for this point in the session.
News2026-11-04+9.9%
Zillow Group released third-quarter 2026 financial results showing consolidated performance for the three months ended September 30.
Upcoming catalysts & outlook
Next earnings
2027-02-09 (est.)
in 91 days
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about ZG

Why did Zillow Group, Inc. Class A (ZG) stock move?

Zillow Group shares fell 6.5% on September 8, 2026, as the company's newly released August market report highlighted that elevated mortgage rates continue to dampen home sales, with newly pending sales and inventory growth both decelerating. The decline also reflected broader sector weakness, as rising Treasury yields and inflation concerns pressured rate-sensitive real estate technology stocks.

How much did ZG stock fall?

ZG lost 5.66% ($1.77) versus the prior close of $31.28, last trading at $29.51 on 1.3× average volume.

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

ZG's next earnings report is estimated for 2027-02-09 — about 91 days away.

What is the analyst price target for ZG?

The consensus analyst price target for ZG is $43.18, about 46.3% above the current $29.51. Over the past 90 days, analysts recorded 0 upgrades, 17 maintains, and 1 downgrade.

How BestStocks tracks ZG

This page is generated automatically by BestStocks' change-detection system after company news was detected and verified against independent data sources. It draws on 20 tracked change events for ZG, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 10, 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 dataCompany news feedsFMP earnings & estimatesAnalyst ratings & price targets (FMP)SEC EDGAR filingsEarnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.