On Oct 24, major Wall Street analysts update their ratings for $CoStar (CSGP.US)$, with price targets ranging from $83 to $100.
J.P. Morgan analyst Alexei Gogolev maintains with a buy rating, and adjusts the target price from $108 to $99.
Citi analyst Peter Christiansen maintains with a buy rating, and adjusts the target price from $97 to $90.
Needham analyst Mayank Tandon maintains with a buy rating, and adjusts the target price from $107 to $100.
RBC Capital analyst Ashish Sabadra downgrades to a hold rating, and adjusts the target price from $96 to $83.
JMP Securities analyst Nicholas Jones CFA maintains with a buy rating, and maintains the target price at $90.
Furthermore, according to the comprehensive report, the opinions of $CoStar (CSGP.US)$'s main analysts recently are as follows:
CoStar Group's third quarter has been characterized as another transitional period, with expectations that the bookings may have reached their lowest point and that revenue growth is anticipated to follow suit in the fourth quarter. The forecast for growth and margins in fiscal 2025 has been moderated due to the anticipated short-term decrease in bookings affecting the first half of the upcoming year.
CoStar Group's Q3 results surpassed the consensus, primarily due to margins that were higher than anticipated. Although the growth in the company's Commercial business matched predictions and showed a slight deceleration sequentially, the Residential segment's performance was somewhat below expectations.
CoStar Group's core bookings saw a year-over-year reduction of 34%, and Homes.com bookings decreased to $1M in Q3 from $55M in the first half of the year, despite increased investments. It's anticipated that while the return of CoStar's core salesforce may provide some benefit, persistently high interest rates are expected to maintain pressure on the demand environment. Consequently, there is a possibility that the company's organic revenue growth, excluding residential, may experience further moderation in the upcoming fiscal year.
Here are the latest investment ratings and price targets for $CoStar (CSGP.US)$ from 5 analysts:
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美東時間10月24日，多家華爾街大行更新了$科斯塔 (CSGP.US)$的評級，目標價介於83美元至100美元。
摩根大通分析師Alexei Gogolev維持買入評級，並將目標價從108美元下調至99美元。
花旗分析師Peter Christiansen維持買入評級，並將目標價從97美元下調至90美元。
Needham分析師Mayank Tandon維持買入評級，並將目標價從107美元下調至100美元。
加皇資本市場分析師Ashish Sabadra下調至持有評級，並將目標價從96美元下調至83美元。
JMP Securities分析師Nicholas Jones CFA維持買入評級，維持目標價90美元。
此外，綜合報道，$科斯塔 (CSGP.US)$近期主要分析師觀點如下：
中光學集團的第三季度被認爲是又一個過渡期，人們期望訂閱可能已經達到最低點，並預計營業收入增長將在第四季度會隨之而來。預計2025財年的增長和利潤率由於預期的訂閱短期減少影響到即將到來的一年上半年，已被調整。
中光學集團的第三季度業績超越了共識，主要是因爲利潤率高於預期。儘管公司商業業務的增長與預期相符，並且呈現了略微的順序減速，但住宅部門的表現略低於預期。
中光學集團的核心訂閱年度同比減少了34％，Homes.com的訂閱從去年年初的5500萬美元下降到第三季度的100萬美元，儘管增加了投資。預計儘管中光學的核心賽富時可能會帶來一些好處，但預計持續高利率將繼續對需求環境施加壓力。因此，有可能公司的除住宅外的有機營業收入增長在即將到來的財年中會進一步減速。
以下爲今日5位分析師對$科斯塔 (CSGP.US)$的最新投資評級及目標價：
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