SharkNinja shares soar 11% as third quarter results crush expectations
Investing.com - Susquehanna has reduced its price target on Zillow Group (NASDAQ:ZG) stock to $80.00 from $85.00 while maintaining a Neutral rating on the real estate marketplace company. Zillow currently trades at $74.98, with analyst targets ranging from $80 to $100, according to InvestingPro data.
The adjustment follows what Susquehanna described as a "generally solid" third-quarter performance from Zillow, which demonstrated continued progress on strategic initiatives despite challenging macroeconomic conditions in the housing market. The company posted 15.17% revenue growth over the last twelve months, reaching $2.48 billion.
Susquehanna noted that Zillow’s ongoing strategic initiatives should help the company drive incremental growth and improve overall margins over time as they continue to develop.
The firm acknowledged Zillow’s ability to make headway on its business objectives even while navigating difficult conditions in the broader housing sector.
Despite recognizing these positive developments, Susquehanna maintained its Neutral stance on Zillow stock, citing "near-term market issues" as the primary reason for its cautious outlook. This aligns with InvestingPro’s assessment that shows Zillow is currently overvalued based on its Fair Value calculation, with a Financial Health score rated as "FAIR." Discover Zillow’s complete financial picture and 5 additional ProTips in the comprehensive Pro Research Report, available with an InvestingPro subscription.
In other recent news, Zillow Group Inc . reported its third-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.44, slightly above the forecast of $0.43. Additionally, Zillow’s revenue exceeded projections, reaching $676 million compared to the anticipated $670.02 million. These results highlight the company’s stronger-than-expected financial performance in the recent quarter. Despite the positive earnings surprise, there was a slight decline in Zillow’s stock in aftermarket trading. This movement reflects investor concerns over broader market conditions rather than the company’s financial results. These developments provide insight into Zillow’s current financial standing and investor sentiment.
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