CoStar Group, Inc. Stock 12‑Month Price Target Cut to $36.11, Implies 13% Upside

What happened

According to estimates from 19 analysts, CoStar Group's average price target fell from $36.84 to $36.11. Based on the Oct. 27 closing price, the updated target implies approximately 13% potential upside.

Confirmed

Global impact / market context

A lower average target means analysts see slightly less upside than before, yet the midpoint still sits above the last close. The consensus Buy rating across 24 analysts suggests most still expect gains, so the small cut looks like fine-tuning rather than a change of view.

Analyst inference

Forecasts range widely from $26 to $45 per share, a broad spread that signals analysts disagree about CoStar's prospects. Ratings split 13 Buys, 10 Holds and 1 Sell, so conviction is moderate rather than unanimous, and the average target can shift as estimates change.

Analyst inference

What to watch

1. Watch whether the average target keeps falling from $36.11, since a further cut would mean analysts see less upside than the roughly 13% implied by the Oct. 27 closing price. Confirmed
2. Watch for rating changes away from the current 13 Buys, 10 Holds and 1 Sell, because a shift toward Holds or Sells would suggest analysts are losing confidence in the company. Proposed
3. Watch whether the $26 to $45 forecast range narrows, since a tighter spread would mean analysts agree more on CoStar's value, while a wider one would signal growing disagreement. Analyst inference

Evidence

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