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Zillow's adjusted EBITDA margin is expected to expand to 23% this year and potentially reach 25% by 2025. Assuming a 12% topline growth next year, Zillow's EBITDA could hit $650 million, making its stock priced at 22x forward EBITDA. This valuation presents a fair entry point for new investors, though it's not the most attractive investment currently available.
In a bid to help real estate agents make their online listings more appealing, Zillow Group announced the acquisition of Virtual Staging AI, a startup founded last year that uses AI to create virtual furniture and decorations.
Lower interest rates gave a boost to the real estate platform.
Investors are betting that a big Fed rate-cutting cycle will lower costs for homebuyers and loosen up the real estate market. Zillow would benefit from growing home sales volumes.
Orphe Divounguy, Zillow, joins 'Fast Money' to talk the impact of rate cuts on housing affordability.
Zillow (ZG) reported earnings 30 days ago. What's next for the stock?
ZG enhances its AI native natural language search engine to streamline the home buying process.
SEATTLE , Sept. 3, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced that it will present at the Goldman Sachs Communacopia + Technology Conference on Sept.
The insights will help fine-tune ZG's marketing strategies, helping it tailor its offerings to meet the evolving needs of renters.
Zillow Group Chief Executive Officer Jeremy Wacksman discusses his vision for the company's future and the outlook for what he sees as a "challenged" housing market. He speaks on "Bloomberg Open Interest.