Zillow Group Secures New $500 Million Credit Facility

Zillow Group Class A ( (ZG) ) just unveiled an update.

On January 30, 2026, Zillow Group, Inc. entered into a new Credit Agreement establishing a secured, $500 million revolving credit facility for subsidiary Zillow, Inc., with the option to expand the facility by an additional $250 million and a maturity date of January 30, 2031. The facility, which had no outstanding borrowings as of its signing, can be drawn, repaid and redrawn without penalty and will bear interest at either a base rate plus 0.25%–0.75% or SOFR plus 1.25%–1.75%, depending on Zillow’s total net leverage, and is subject to a 0.25% commitment fee on unused amounts. The agreement includes customary covenants and a financial leverage cap of 3.75:1.00, with a temporary step-up allowed following qualifying acquisitions, as well as standard events of default that could trigger acceleration of obligations. The credit line is guaranteed by Zillow Group, MFTB Holdco, Inc. and certain subsidiaries, secured by a first-priority lien on substantially all of their assets, and is intended to provide added financial flexibility for general corporate purposes, potentially strengthening Zillow’s liquidity position and balance sheet resilience.

The most recent analyst rating on (ZG) stock is a Hold with a $72.00 price target. To see the full list of analyst forecasts on Zillow Group Class A stock, see the ZG Stock Forecast page.

Spark’s Take on ZG Stock

According to Spark, TipRanks’ AI Analyst, ZG is a Neutral.

Zillow Group’s overall stock score reflects a combination of strong earnings call performance and significant challenges in financial performance and valuation. The company’s revenue growth and technological innovations are promising, but profitability issues and a negative P/E ratio weigh heavily on the score. Technical analysis suggests a neutral to bearish trend, further impacting the overall assessment.

To see Spark’s full report on ZG stock, click here.

More about Zillow Group Class A

Zillow Group, Inc. operates in the online real estate and housing information industry, providing digital platforms and related services that connect homebuyers, sellers, renters, and real estate professionals across the U.S. The company focuses on technology-enabled real estate search, advertising, and transaction-related services, leveraging data and online tools to support residential property decisions and marketplace activity.

Average Trading Volume: 752,473

Technical Sentiment Signal: Sell

Current Market Cap: $15.92B

Find detailed analytics on ZG stock on TipRanks’ Stock Analysis page.