Zillow Expands Instant Offers to Phoenix; Will Work with Agents to Test Buying and Selling Homes Directly

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Go back to Zillow Expands Instant Offers to Phoenix; Will Work with Agents to Test Buying and Selling Homes Directly

Zillow Group (ZG) PT Raised to $64 at Stephens Following Preliminary 1Q Results and Guidance

April 13, 2018 9:40 AM EDT

Stephens raised its price target on Zillow Group (NASDAQ: ZG) to $64.00 (from $52.00) while maintaining a Overweight rating following the company's preliminary 1Q results. The company also raised 2018 guidance alongside the news that ZG is seeking a move into actual home transaction via its Instant... More

Zillow Group (ZG) Issues Q1, FY Revenue Outlook Above the Street

April 12, 2018 4:22 PM EDT

In addition to announcing an expansion of Instant Offers to Phoenix, Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) said it sees Q1 revenue of $299-$301 million (*** consensus is $294.8 million) and adj-EBITDA of $45-$47 million. The company sees fy 2018 revenue of $1.43-$1.58 billion (*** consensus is $1.31 billion) and adj-EBITDA of $260-$285 million.

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