Zillow Group Reports Third-Quarter 2021 Financial Results & Shares Plan to Wind Down Zillow Offers Operations

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Zillow Group (ZG) PT Lowered to $50 at BofA Securities

November 3, 2021 8:44 AM EDT

BofA Securities analyst Nat Schindler lowered the price target on Zillow Group (NASDAQ: ZG) to $50.00 (from $85.00) while maintaining a Underperform rating.

... More

Zillow Group (ZG) PT Lowered to $120 at Canaccord Genuity

November 3, 2021 8:19 AM EDT

Canaccord Genuity analyst Maria Ripps lowered the price target on Zillow Group (NASDAQ: ZG) to $120.00 (from $165.00) while maintaining a Buy rating.

The analyst commented, "Zillow reported mixed Q3 results, as continued growth and profitability from the core Premier Agent business was partly offset by headwinds for its iBuying... More

Zillow (Z) PT Lowered to $115 at Jefferies

November 3, 2021 7:36 AM EDT

Jefferies analyst Brent Thill lowered the price target on Zillow (NASDAQ: Z) to $115.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "A surprise decision to exit iBuying reflects a realization that scaling the business would add earnings volatility at an... More

Zillow Group (ZG) PT Lowered to $85 at Stifel

November 3, 2021 6:40 AM EDT

Stifel analyst John Egbert lowered the price target on Zillow Group (NASDAQ: ZG) to $85.00 (from $105.00) while maintaining a Hold rating.

The analyst commented, "With its 3Q results, Zillow announced it would be unwinding Zillow Offers over the next several quarters in addition to reducing... More

Zillow Group, Inc. (ZG) Q3 Revenue Misses Consensus, to Wind Down Zillow Offers Operations

November 2, 2021 4:08 PM EDT

(Updated - November 2, 2021 4:09 PM EDT)

Zillow Group, Inc. (NASDAQ: ZG) reported Q3 revenue of $1.74 billion versus the consensus estimate of $2 billion.

to wind down Zillow Offers, the company's iBuying service in which Zillow acts as the primary purchaser and seller of... More