Zillow Group, Inc (ZG) AI Stock Analysis

Zillow Group, Inc. operates digital real estate brands across mobile applications and websites in the United States. Founded in 2004 and headquartered in Seattle, Washington, the company operates across three segments: Homes, Internet, Media & Technology (IMT), and Mortgages. The Homes segment handles home resales along with title and escrow services. The IMT segment offers premier agent services, rentals, new construction marketplaces, dotloop, display advertising, and business software solutions. The Mortgage segment provides home loans and marketing services like custom quote tools. Key company brands include Trulia, StreetEasy, Zillow Rentals, Zillow Closing Services, HotPads, and Out East.

Between FY2020 and FY2025, revenue achieved a 5-year CAGR of 9.7%. Annual revenue contracted 8.2% in FY2022 to $1.96B and 0.7% in FY2023 to $1.95B, before recovering 15.0% to $2.24B in FY2024 and 15.5% to $2.58B in FY2025. Gross margin decreased from 84.8% in FY2021 to 74.1% in FY2025. After net losses of -$528.0M in FY2021, -$101.0M in FY2022, -$158.0M in FY2023, and -$112.0M in FY2024, net income reached $23.0M in FY2025. For the trailing twelve months ended June 30, 2026, revenue stood at $2.81B with an operating margin of 4.7%. In the latest quarter, quarterly revenue grew 17.9% and quarterly earnings rose 533.3% year-over-year.

As of June 30, 2026, Zillow Group held $682.0M in cash and short-term investments against total debt of $558.0M, resulting in net cash of $124.0M. The company maintains a current ratio of 1.92 and a debt-to-equity ratio of 0.13, supported by shareholders' equity of $4.31B and total assets of $5.30B. During FY2025, free cash flow was $235.0M on operating cash flow of $368.0M, while capital expenditures were $133.0M. Cash deployment included $670.0M in share buybacks, helping reduce the 5-year share count by 10.3%.

Zillow Group trades at a trailing P/E of 138.6x and a forward P/E of 32.6x, compared to the median of its US-listed Communication Services peers of 16.2x and 14.1x, respectively. Its enterprise value of $17.17B reflects an EV to EBITDA ratio of 74.3x, above the peer median of 10.0x, while its price-to-sales ratio is 2.6x against the peer median of 0.8x. The stock closed at $31.88 on October 16, 2026, down 54.9% over the past year and down 66.2% over 5 years, lagging the S&P 500 returns of 16.8% and 83.0% over the same periods.

Wall Street coverage consists of 6 Strong Buy, 5 Buy, and 13 Hold ratings, with 0 Sell or Strong Sell recommendations. The mean price target is $46.90, representing a 47.1% upside from the last close of $31.88. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $2.95B and EPS of $2.26, a growth of 37.7%. For next fiscal year, 14 analysts project revenue of $3.29B and EPS of $2.96. Zillow Group beat EPS estimates in 3 of the last 4 quarters, with its next earnings date set for November 4, 2026.

This page is an AI-written research summary of Zillow Group, Inc (ZG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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