CoStar Group, Inc. (CSGP) earnings on July 28, 2026

After the market closes Q2 2026

More CoStar Group, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

CoStar Group shares fell sharply after earnings, hitting an intraday low of -17.6%, as analysts downgraded the stock despite its strong recent earnings record.

CSGP price around the earnings

29.83

Change: -1.6%

2026-07-29, 20:00 UTC

Start of the measured window End of the measured window
25.00 26.94 28.88 30.82 30.33
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 28, 2026 July 29, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Setup is mixed heading into earnings, but the scenario points pessimistic.

Pre-release: Strong earnings beat record and high upside, but recent downgrade and negative trend strength.

Context analyzed before publication

Summary
Setup is mixed heading into earnings, but the scenario points pessimistic.
Trend
Trajectory significantly cooled into earnings after a mixed run-up.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.86
Analysts covering the stock
20
Average price target
43.95
Lowest price target
26
Highest price target
70
Upside to price target
45.2%
Revenue growth
22.5%
Forward EPS
1.78
Trailing EPS
0.07
Analyst moves in the last 60 days
6
  • Strong buy: 4
  • Buy: 11
  • Hold: 5
  • Sell: 1
  • Strong sell: 0
Strong buy
4
Buy
11
Hold
5
Sell
1
Strong sell
0
  • July 14, 2026 · Baird: Downgrades rating (Outperform → Neutral)
  • July 13, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
  • July 13, 2026 · Keefe, Bruyette & Woods: Maintains rating (Outperform → Outperform)
  • June 25, 2026 · Goldman Sachs: Maintains rating (Buy → Buy)
  • June 24, 2026 · Wells Fargo: Maintains rating (Underweight → Underweight)
  • June 4, 2026 · Benchmark: Initiates coverage (Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (7)

Technicals

Evidence

Average true range (ATR)
5%
Distance to 52-week high
-68.7%
14-day change (14d)
+1.4%
30-day change (31d)
-3.6%
30-day relative strength
-4.9%
SPY change (31d)
+1.3%
Nearest support
28.86
Nearest resistance
29.25
Volume accumulation ratio (14d / 46d)
1.31

Trends

Evidence

Average earnings surprise
+21.0%
  • April 28, 2026: actual EPS 0.23 vs estimate 0.18 (surprise +24.8%)
  • February 24, 2026: actual EPS 0.31 vs estimate 0.27 (surprise +13.8%)
  • October 28, 2025: actual EPS 0.23 vs estimate 0.19 (surprise +21.8%)
  • July 22, 2025: actual EPS 0.17 vs estimate 0.14 (surprise +23.4%)

Expected move

Implied move
+3.3%
Source
Options chain

Reactions over its last 20 earnings

Median move
5.7%
75th percentile move
9.1%
90th percentile move
11%
Up / down moves
8 / 12
Average up move
+6.3%
Average down move
-7.1%

Monitoring and close

What CoStar Group, Inc. reported

Status
Finished
Actual EPS0.32
EPS estimate0.29
EPS surprise+10.3%
Revenue$925 million
Revenue estimate$929 million
Revenue surprise-0.4%

CoStar Group releases Apartments.com rent report for July 2026 amid geopolitical tensions and Citigroup's pessimistic outlook.

Sources (26)

Pre-market second reading after the results

Verdict
Mixed results

Heading into the open, the figures confirm the pessimistic scenario. In the 713 past cases with a similar move, the close held that direction 96% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
-1.6%
Max favorable move (MFE)
17.6%
Max adverse move (MAE)
0.4%