What is the long term forecast for Zillow stock? (2024)

What is the long term forecast for Zillow stock?

The average price target for Zillow Group Class C is $62.50. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $75.00 ,the lowest forecast is $55.00. The average price target represents 31.00% Increase from the current price of $47.71.

What is the outlook for Zillow stock?

ZG Stock 12 Months Forecast

Based on 15 Wall Street analysts offering 12 month price targets for Zillow Group Class A in the last 3 months. The average price target is $60.36 with a high forecast of $72.00 and a low forecast of $40.00. The average price target represents a 7.50% change from the last price of $56.15.

What is the future price of Zillow stock?

On average, Wall Street analysts predict that Zillow's share price could reach $61.88 by Mar 7, 2025. The average Zillow stock price prediction forecasts a potential upside of 22.96% from the current ZG share price of $50.32.

Is Zillow stock a buy or sell?

Is Zillow Group stock a Buy, Sell or Hold? Zillow Group stock has received a consensus rating of buy. The average rating score is and is based on 37 buy ratings, 17 hold ratings, and 6 sell ratings.

What is the target price for Zillow?

Stock Price Target Z
High$79.00
Median$61.50
Low$40.00
Average$61.45
Current Price$51.25

Who is the biggest shareholders for Zillow?

Shareholders
NameEquities%
Vanguard Fiduciary Trust Co. 52.80 %29,191,79752.80 %
Caledonia (Private) Investments Pty Ltd. 28.58 %15,797,29428.58 %
BlackRock Advisors LLC 19.75 %10,920,70419.75 %
Eaton Vance Management 7.971 %4,406,8377.971 %
6 more rows

Who owns the most Zillow stock?

Largest shareholders include Caledonia (Private) Investments Pty Ltd, Vanguard Group Inc, BlackRock Inc., VGSIX - Vanguard Real Estate Index Fund Investor Shares, Independent Franchise Partners LLP, NAESX - Vanguard Small-Cap Index Fund Investor Shares, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, ...

How many times has Zillow stock split?

Zillow stock (symbol: Z) underwent a total of 1 stock split.

How does Zillow make money?

Zillow makes money by selling advertising on Zillow.com and the Zillow mobile app to property management companies with vacancies, real estate agents looking for buyers and sellers, and mortgage lenders looking for borrowers. And it also sells to general advertisers, especially ones in the real estate industry.

Who owns Zillow?

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by Rich Barton, Zillow's current CEO, and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current ...

Why are there two Zillow stocks?

Zillow underwent a stock split in 2015 while generating new share classes and now trades under the tickers Z and ZG. Z is for the new class of non-voting stock, C shares, while the A shares trade under the symbol ZG. Stock splits often have to do more with financial engineering than with company fundamentals.

How much did Zillow raise in IPO?

But Zillow has shown the ability to operate at a profit, and still has a pile of cash, both from the IPO in which it raised $80 million and a secondary offering from last fall that pulled in $147 million.

Is Zillow a growth company?

Zillow isn't just building new products, it's also growing its established businesses, like rentals. The fourth quarter of 2023 was a good one for rentals, with revenues increasing 37% year-over-year to $93 million.

What is the price target forecast?

A target price is an estimate of the future price of a stock. Target prices are based on earnings forecasts and assumed valuation multiples. Target prices can be used to evaluate stocks and may be even more useful than an equity analyst's rating.

What is the target price prediction?

TGT Stock 12 Months Forecast

Based on 29 Wall Street analysts offering 12 month price targets for Target in the last 3 months. The average price target is $177.11 with a high forecast of $206.00 and a low forecast of $19.00.

Is 50 saves on Zillow good?

According to Zillow, properties with more than 30 saves tend to sell faster. They also go closer to their listing price than those with fewer saves. Additionally, a high number of saves can also imply that the property stands out among other listings. The activities can make it more desirable to potential buyers.

Has Zillow made a profit?

Key Zillow Stats

Zillow is not profitable. After expenses, the company lost $158 million in 2023. Zillow estimates that 67% of U.S. home buyers used its web properties and mobile apps.

What is the best company to work for Zillow?

Zillow Named One of the 2022 100 Best Companies to Work For® by Great Place to Work® and Fortune
  • Flexibility is key for employees. ...
  • Workforce well-being informs our policies. ...
  • Our culture work is ongoing.
Apr 11, 2022

Is Zillow a Fortune 100 company?

Zillow Group ranked #69 on the Fortune 100 Best Companies to Work For.

Why did Zillow go out of business?

Zillow was unable to accurately forecast the price of homes and said the business ultimately required too much capital. Now, Zillow users will still be able to get an instant cash offer for their home, but the transaction is facilitated by Opendoor. Zillow will get a referral fee when a customer sells to Opendoor.

How much is the founder of Zillow worth?

Zillow cofounders Rich Barton and Lloyd Frink debuted on the Forbes Billionaires list on Tuesday following a heady year both for their company and the broader residential real estate market. Barton, 53, joins the rankings with a net worth of $2.2 billion and Frink, 56, with $1.4 billion.

Is Zillow a Fortune 500 company?

Zillow ranked 424th on the list unveiled last June, followed by Anywhere at 427th and Compass at 495th. But the firms were nowhere to be found after revenues fell by 24 percent, 6 percent and 14 percent, respectively.

Do stocks go back up after a split?

A stock split does not change the value of a stock because it does not change the fundamentals or growth prospects of the underlying company.

Why do stock prices go up after a split?

While a split, in theory, should have no effect on a stock's price, it often results in renewed investor interest, which can have a positive effect on the stock price. While this effect may wane over time, stock splits by blue-chip companies are a bullish signal for investors.

Should I buy more stock after a split?

Does it matter to buy before or after a stock split? If you buy a stock before it splits, you'll pay more per share than what it'll cost after it splits. If you're looking to buy into a stock at a cheaper price, you may want to wait until after the stock split.

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