Analysts Conflicted on These Communication Services Names: Zillow Group Class A (NASDAQ: ZG) and Zillow Group Class C (NASDAQ: Z)We are encouraged by the company's micro level innovation in this segment, as well as in several key areas in residential. To that point, Listing Showcase accounted for 3.2% of all new listing in the U.S. in 3Q, up from 2.5% in 2Q. The company also announced that over the course of ’26, it will roll out Zillow Pro, a membership that bundles features like Boss, touring, and premium agent profiles. Zillow Pro will serve as on onramp to Zillow Preferred (the new evolution of Flex). All of this also comes against the backdrop of continued expense discipline and margin expansion, even against a highly challenging housing macro. Even so, that challenging backdrop remains a roadblock to Z scaling towards its mid-cycle goals of $5bn revenue and 45% margins.