On May 8, 2025, JP Morgan analyst Dae Lee announced an update regarding Zillow Group (Z, Financial), maintaining an "Overweight" rating while revising the stock's target price. The updated price target has been lowered from $93.00 to $79.00.
This adjustment reflects a decrease of approximately 15.05% from the previous target. Despite the lowered price target, the "Overweight" rating indicates that JP Morgan continues to view Zillow Group (Z, Financial) favorably.
Investors and stakeholders are advised to consider these changes as they reflect JP Morgan's current outlook on Zillow Group (Z, Financial) based on prevailing market conditions and performance expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Zillow Group Inc (Z, Financial) is $84.27 with a high estimate of $110.00 and a low estimate of $60.00. The average target implies an upside of 21.34% from the current price of $69.45. More detailed estimate data can be found on the Zillow Group Inc (Z) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Zillow Group Inc's (Z, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Zillow Group Inc (Z, Financial) in one year is $64.71, suggesting a downside of 6.83% from the current price of $69.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Zillow Group Inc (Z) Summary page.
