Cinctive Capital Management LP purchased a new stake in shares of Zillow Group, Inc. (NASDAQ: Z) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 62,909 shares of the financial services provider's stock, valued at approximately $4,847,000. A number of other hedge funds
Zillow Group (NASDAQ:Z) is trading higher in Friday morning action, with Z stock up approximately 5% as of Friday.
Zillow (ZG) shares plunged following recent earnings and a general selloff in real estate services stocks. Zillow's resilience in the face of a massive push from Homes.com illustrates that Zillow is top of mind for consumers. AI doesn't change that. I view the threat from Compass (COMP) attempting to utilize a proprietary listing network as being untenable for most home sellers.
Z misses Q4 EPS estimates but delivers 18% revenue growth, strong rental gains and an upbeat 2026 revenue outlook.
Zillow (Z) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.27 per share a year ago.
The Seattle-based real estate company said the cuts — which represent about 2% of Zillow's overall headcount — were part of the annual review process.
Zillow Group, Inc. is positioned to benefit from a modest housing market thaw, targeting revenue growth via deeper user engagement rather than transaction volume increases. Z's operating leverage is improving as it monetizes serious buyers and sellers, with residential revenue and rentals both outpacing the sluggish overall market. Google's entry into native home-sale listings poses a real risk to Z's lead funnel, potentially increasing acquisition costs and pressuring margins.
Google appears to be running tests on putting real estate sale listings into its search results. The listings allowed users to view the full details of a property's page, request a tour and contact an agent — similar to the functions offered on Zillow.com's online marketplace portal.
Zillow (NASDAQ:Z) shares fell 8.5% on Monday after reports that Alphabet Inc (NASDAQ:GOOG)'s Google is testing a new mobile real estate advertising format that could challenge the online property portal's lead-generation business. The search giant's new ad unit, developed in partnership with real estate analytics and brokerage firm ComeHome, allows users to view live MLS listings directly within Google search results and request home tours through a “Request a tour” button.
Zillow offers the most compelling, lower-risk way to play a housing market rebound, leveraging dominant market share and asset-light operations. Zillow's diversified revenue streams, especially rentals (25% of revenue, growing 36%), provide resilience and operating leverage even in a sluggish housing cycle. With housing near a cyclical trough and interest rates poised to decline, Zillow is positioned for strong multi-year returns as the market recovers.
The scores aimed to predict a property's risk from a fires, floods and storms, but some in the real estate industry as well as homeowners have called them inaccurate.
Zillow (NASDAQ:Z) is positioned for another quarter of outperformance in the fourth quarter as US housing momentum shows signs of strengthening, according to analysts at Jefferies. The firm repeated its ‘Buy' rating on the real estate platform with a $100 price target, implying upside of about 35% from current levels.