CSGP
CoStar Group, Inc.

CoStar Group, Inc.CSGP

Real Estate · Real Estate Services
28.77USD
-0.93%
Sep 23, 2026
CSGP overview ready
Leading Digital Marketplace Integrating Real-Time Commercial Property Intelligence
CoStar is a real-estate-focused data and marketplace operator spanning subscription commercial-property intelligence, commercial listings, residential rentals and homes search, property marketing, online auctions, and 3D digital-twin content.
Narrative not measured
Real Estate Market Digitization and Marketplace ConsolidationProperty Intelligence and Digital Listing MarketplacesPure play
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Real estate market downturns reducing demand for data services.
Market Sep 22Price action Sep 22Research Aug 9

Conviction Level

NarrativeHeatThemeHeat5.6PriceAction1.4Valuation5.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$11.8B
Avg Volume (60D)
7.2M
60 sessions
Revenue Growth YoY
+22.0%
Trailing twelve months
Gross Margin
+78.7%
Operating Margin
+2.4%
Trailing twelve months
Free Cash Flow Yield
+3.5%
Distance from 200DMA
-30.9%
Next Earnings
2026-10-27
P/E
161.6x
EV / EBITDA
29.7x
EV / Sales
3.3x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads fair.
CoStar Group, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
CoStar is a real-estate-focused data and marketplace operator spanning subscription commercial-property intelligence, commercial listings, residential rentals and homes search, property marketing, online auctions, and 3D digital-twin content.
Opportunity
Moderate opportunity
The migration of property discovery, market intelligence, listing distribution, advertising, and transaction lead generation from fragmented offline channels to data-rich digital platforms with proprietary property datasets, audience scale, and workflow integration.
Key risk
Real estate market downturns reducing demand for data services.

Narrative & Theme

Real Estate Market Digitization and Marketplace Consolidation
Part of Property Intelligence and Digital Listing Marketplaces, with strong fit.
CSGP has a direct, revenue-bearing position in a real multi-company market structure: property professionals and consumers increasingly use digital property data, listing portals, advertising, leads, and workflow tools rather than fragmented offline research and marketing.
Narrative HeatCooling3.3 / 10
This reading is no longer current (last measured 2026-09-04). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral5.6 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Real Estate · Real Estate Services
What they do

CoStar Group, Inc. provides information, analytics, and online marketplace services to real estate and related business communities across multiple global regions, aggregating data on various property types and transactions to support real estate professionals.

How it earns

The company primarily generates revenue through subscription-based access to its data platforms and analytics tools.

Products & services
CoStar Property
CoStar Leasing
CoStar Sales
CoStar Owners
CoStar Markets
Customers & end markets
Real estate professionals
Property owners
Investors
Brokers
Developers
Market position

Market leader in commercial real estate information and analytics services.

Demand drivers
Medium cyclicality

Demand for commercial real estate data is influenced by real estate market cycles and economic conditions.