CSGP changes
Pick any two versions below to diff them.
- Price
- $30.17 → $30.26(+0.3%)
- Recent events
- Oct 27, 2026: CoStar reported Q3 2026 results. Revenue was $952 million, up 14% and above its guidance of $935 million to $945 million. Net income was $74 million. Adjusted EBITDA was $229 million, about double the year before, and adjusted EPS was $0.38. The Residential segment had adjusted EBITDA of $49 million. Net new bookings were $37 million, down from $84 million in Q3 2025. CoStar raised its 2026 outlook to revenue of $3.75 billion to $3.77 billion, adjusted EBITDA of $820 million to $840 million and adjusted EPS of $1.38 to $1.41. It expects at least $200 million of more cost savings over the next 12 to 18 months. Oct 27, 2026: CoStar agreed to buy Vexcel, a provider of aerial imagery and geospatial data, for about $730 million in cash. Vexcel had more than $140 million of revenue in the last 12 months. CoStar plans to pay with cash and its revolving credit facility. It expects the deal to close in Q1 2027, after regulatory approvals. Oct 1, 2026: CoStar said that it will report Q3 2026 results on October 27, 2026. Sep 14, 2026: CoStar named Felix Kusch, a European home search executive, as President of Homes.com. Aug 21, 2026: CoStar completed the purchase of Zonda, a provider of new-home data, homebuilder software and the NewHomeSource.com and Livabl marketplaces, for $800 million in cash. Jul 29, 2026: CoStar stock fell about 14% before the market opened after the Q2 report, because of the lower revenue outlook and lower bookings. removed: Keefe, Bruyette & Woods downgraded the stock to Market Perform from Outperform and cut its price target to $29 from $41. Jul 28, 2026: CoStar reported Q2 2026 results. Revenue was $925 million, up 18%. Adjusted EBITDA was $184 million, up 116%, and adjusted EPS was $0.32. The Residential segment had positive adjusted EBITDA for the first time. Net new bookings were $69 million. CoStar cut its 2026 revenue outlook to $3.715 billion to $3.755 billion and kept its adjusted EBITDA outlook of $780 million to $820 million and its adjusted EPS outlook of $1.32 to $1.39. Jul 13, 2026: CoStar named Robin Rossmann, its Managing Director for Europe, as Chief Financial Officer from July 31, 2026. He replaced Christian Lown, who left the company. May 29, 2026: CoStar agreed to buy Zonda for $800 million in cash.