Zillow Group Inc. stock reached a 52-week low of $29.03, with real-time data later showing a price of $28.99, down $0.36 or 1.23% from the previous close. The company's market capitalization stands at $6.57 billion. Over the past year, the stock has experienced a 61.45% decrease.
In the second quarter, Zillow Group reported adjusted earnings per share of $0.52, surpassing the analyst estimate of $0.45. Revenue increased by 18% year-over-year to $772 million, exceeding the consensus estimate of $757.91 million. However, the company posted a net loss of $4 million, or $0.02 per share, compared to a net income of $0.01 per share in the same quarter of the previous year.
Analysts have reacted to these results with varying opinions. Benchmark maintained a Buy rating and an $80 price target on Zillow following a settlement with the Federal Trade Commission. Bernstein downgraded Zillow from Outperform to Market Perform due to revenue concerns following the second-quarter results. Evercore ISI also downgraded Zillow from Outperform to In Line, citing a soft second-half 2026 outlook and a shift in monetization strategy.
