- Zillow Group aims for significant market expansion by 2025 through enhanced listing transparency.
- Analysts predict a potential upside of over 43% for Zillow Group stock within the next year.
- Current recommendations suggest an "Outperform" status for Zillow based on brokerage analysis.
Zillow Group (Z, Financial) is taking bold steps to increase market coverage by implementing new listing transparency guidelines. These guidelines mandate that all publicly marketed properties be listed on the Multiple Listing Service (MLS) and visible on Zillow and other MLS-feed sites. With these changes, the company is ambitiously targeting a 35% boost in market coverage by 2025, with a revenue target of $5 billion.
Wall Street Analysts Forecast
According to projections from 21 analysts, the one-year price target for Zillow Group Inc (Z, Financial) averages at $88.62. The projections range from a high of $110.00 to a low of $70.00, indicating a substantial potential upside of 43.37% from the current trading price of $61.81. For a detailed breakdown of these forecasts, please visit the Zillow Group Inc (Z) Forecast page.
The consensus recommendation from 24 brokerage firms for Zillow Group Inc (Z, Financial) stands at 2.3, which suggests an "Outperform" status. This recommendation uses a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests a Sell position.
Additionally, GuruFocus estimates the GF Value of Zillow Group Inc (Z, Financial) over the next year to be $64.07, forecasting a modest upside of 3.66% from the current price of $61.81. The GF Value reflects GuruFocus' estimation of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. Further insights are available on the Zillow Group Inc (Z) Summary page.
