CoStar Group price target lowered to $73 from $84 at Goldman Sachs

Goldman Sachs analyst George Tong lowered the firm’s price target on CoStar Group (CSGP) to $73 from $84 and keeps a Buy rating on the shares. CoStar delivered solid Q4 results with revenue, margins, and EPS above expectations and reaffirmed its 2026 outlook, entering the year with momentum across both residential and commercial platforms, the analyst tells investors in a research note. Homes.com is scaling rapidly with improving engagement and lead quality, major brand investments largely behind it, and AI deployment enhancing monetization and data defensibility, positioning the company for sustained medium-term growth and margin expansion despite ongoing investments and a gradual commercial real estate recovery, the firm says.