CSGP Stock Recent News

CoStar (CSGP) reported earnings 30 days ago. What's next for the stock?

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that Andy Florance, Founder and Chief Executive Officer has been named to Commercial Observer's prestigious Power 100 list for the third consecutive year. Published annually, the Power 100 List recognizes the most influential people, businesses, and organizations shaping the futur.

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, today announced that T3 Sixty recognized Homes.com, Matterport, and VHT Studios by Matterport among its annual 2025 Tech 200 list. The Tech 200 list recognizes the industry's best-in-class technology products for brokerages, teams and agents, with this year's list highlighting 200 products across.

xAI Holdings led performance, driven by rapid AI innovation, Grok 3 launch, and the strategic acquisition of X, enhancing data access and integration. Spotify delivered strong results with margin expansion, robust user growth despite price hikes, and record free cash flow, positioning it as a long-term streaming leader. Nvidia, Tesla, and Broadcom detracted due to market skepticism and macro concerns, but we remain confident in their long-term AI-driven growth prospects.

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that it has entered a binding Scheme Implementation Deed (SID) to acquire 100% of the issued capital of Domain Holdings Australia Limited, a leading Australian property marketplace. In February 2025, CoStar Group acquired approximately 17% of the ordinary shares of Domain at A$4.2.

Australia's Domain Holdings said on Friday U.S. online real estate firm CoStar would acquire the property classifieds company for an implied enterprise value of A$3 billion ($1.92 billion).

U.S. real-estate analytics provider CoStar agreed to buy Australia's Domain in a deal valuing the property advertiser at about US$1.92 billion.

CoStar Group's commercial business is reaccelerating, with 1Q25 revenue up 12% y/y, driven by strong performance across Online Marketplaces and core commercial segments. Homes.com engagement remains robust despite a decline in net new bookings, with significant increases in page views, time spent on site, and leads. The Domain acquisition enhances international growth prospects, aligning with CSGP's strategy to expand into lucrative markets like Australia, complementing their existing strengths.

xAI Holdings' leading AI model Grok 3 outperformed competitors, bolstered by the Colossus data center and Twitter acquisition, enhancing data integration and corporate alignment. Spotify delivered strong performance driven by margin improvements, user growth, and product innovation, positioning it as a long-term winner in music streaming. Guidewire Software is poised to capture significant market share in the P&C insurance software industry.

ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, today released a new exclusive report providing an update on home buying and selling market trends in Washington, D.C., and the surrounding markets in Maryland and Virginia following the first 100 days of President Donald Trump's administration. The Homes.com analysis found that the housing market in Washington, D.C., and the surrounding markets in Maryland and Virginia has followed roughly the sa.