Zillow Group, Inc. (ZG)

Communications · NMS · US

$27.70-1.11% today

Price as at 1 Oct 2026, 04:10 UTC. Quotes are delayed.

Fundamentals

Market cap$6.34B
P/E ratio122.7
Revenue growth (YoY)+17.9%
Profit margin2.0%
Return on equity1.2%
52-week range$27.59 to $76.32

Valuation and ratings

Fair value estimate$19.16
Upside to fair value-30.8%
Analyst target (mean)$47.23
Analyst range$32.00 to $80.00
Analysts with price targets22
Consensus viewbuy
Moat score54/100
Overall rating34/100, low quality

Fair value: $19.16 (-30.8%), see how we got there

Zillow Group, Inc. trades at $27.70, which is 31% above the $19.16 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 54 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 122.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ZG earnings and analyst estimates

Next earnings date29 Oct 2026 (in 27 days)
EPS estimate, next year$2.92
Expected EPS growth+28.9%
Expected revenue growth+11.8%

Recommendation mix, 25 published ratings

12 buy13 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Zillow Group, Inc.

Zillow Group, Inc. operates a real estate application and website that connects consumers with technology, agents and loan officers, and digital solutions in the United States. The company operates through four categories: Residential, Mortgages, Rentals, and Other. The Residential segment includes agent and software, as well as new construction marketing solutions and StreetEasy for sale products. This segment also offers advertising and marketing solutions for real estate agents, premier agent, SaaS customer relationship management, real estate transaction management, appointment center, and enhanced listing services. The Rentals segment includes advertising and a suite of tools for property managers, landlords, and other rental professionals, as well as rental applications. The Mortgages segment provides mortgage originations through Zillow Home Loans and advertising to mortgage lenders and other mortgage professionals; and title and escrow services. The company also generates revenue from display advertising. It also offers a brand portfolio including Zillow, Zillow Premier Agent, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop and Zillow Closing; and a suite of marketing software and technology solutions for the real estate industry. Zillow Group, Inc. was founded in 2004 and is headquartered in Seattle, Washington.

Industry: Internet Content & InformationEmployees: 7,232HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

Super investor ownership

11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

ZG peers

The largest companies in the same industry (Internet Content & Information), then in the same sector.

Every communications company we cover is on the Communications hub.

Common questions

Is Zillow Group, Inc. (ZG) undervalued?

Against our fair value estimate of $19.16, ZG at $27.70 is 31% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own ZG?

11 of the institutions we track reported a position in ZG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is ZG's P/E ratio?

ZG trades at 122.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

When does ZG report earnings next?

Zillow Group, Inc. is scheduled to report on 29 Oct 2026. Companies move earnings dates, so read it as scheduled rather than certain.

Where does SteadyShares get its ZG data?

Fundamentals for ZG come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 04:10 UTC and is delayed. Our data quality score for this company is 92/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for ZG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.