Zillow Group, Inc. Class A research snapshot
ZG AI stock analysis currently reads Zillow Group as a scaled digital real estate platform with a leading consumer audience, recovering GAAP profitability, and strong growth in Rentals and Mortgages, offset by a demanding valuation and active legal exposure. The latest verified close used here was $34.69 on July 31, 2026, implying a market capitalization of about $7.94 billion using 228.80 million shares. TTM revenue reached $2.693 billion, up about 17%, and Q1 2026 revenue rose 18% year over year to $708 million, with net income of $46 million versus $8 million a year earlier. The stock has fallen more than 50% over the past year and trades above its 50-day moving average of $33.39 but well below its 200-day moving average of $51.03. The main question is whether Zillow can convert audience, listings, agent software, rental relationships, and mortgage volume into durable GAAP earnings without losing share to Google, CoStar, brokerages, or changing listing rules. This page is for information only and is not investment advice.
Current price
$34.69
Market cap
$7.94 billion
AI score
58 / 100
Rating
Improving platform economics with durable growth, offset by a demanding valuation and legal overhang
Trend status
Above the 50-day moving average but below the 200-day moving average
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Zillow connects buyers, sellers, renters, agents, property managers, and loan officers through Residential, Mortgages, Rentals, and related software. Revenue grew from $2.236 billion in 2024 to $2.583 billion in 2025 and $2.693 billion TTM, and Q1 2026 revenue grew 18% to $708 million. | High |
| Moat | The moat is audience reach, brand recognition, listing and housing data, agent workflow integration, and network density between consumers and professionals. It is meaningful but exposed to MLS access disputes, Google discovery, CoStar, brokerages, AI search, and regulation. | Medium-high |
| Management | Jeremy Wacksman became CEO in August 2024 after senior operating roles. Management has improved revenue, returned the company to GAAP profit, and authorized large repurchases, but the $626 million Q1 2026 buyback drew cash down to $788 million and made capital allocation timing an important test. | Medium |
| Financial trend | Revenue rose from $1.945 billion in 2023 to $2.236 billion in 2024 and $2.583 billion in 2025. GAAP net income turned positive in 2025 at $23 million after years of losses, Q1 2026 net income was $46 million, and TTM free cash flow was $333 million. | High |
| Valuation | At $34.69, the stock was about 143x TTM EPS, about 23.8x TTM free cash flow, and about 2.95x revenue using verified inputs. The valuation can work only if revenue growth, operating leverage, and cash conversion improve materially beyond the thin current GAAP profit base. | High |
| Technical trend | The July 31 close of $34.69 was above the reported 50-day moving average of $33.39 and below the 200-day moving average of $51.03. RSI near 57.7 was neutral to positive, and July 31 volume was above the reported 20-day average. | Medium-high |
| Risk level | Risk is high because housing transactions and mortgage rates are cyclical, the FTC case against Zillow and Redfin is heading toward trial, securities fraud class actions were filed in July 2026, listing access can change, and Google, CoStar, brokerages, and AI search can pressure discovery and monetization. | High |
| AI confidence | The descriptive data is well supported by SEC filings, company releases, and market data. Confidence is lower for a forward price range because platform economics, housing turnover, legal outcomes, and competitive behavior are not mechanically predictable. | High data confidence |
| Investment certainty | The business is easier to understand than the stock outcome. A durable platform and recovering profitability are visible, but the price still needs sustained growth, margin expansion, and disciplined capital allocation to create a comfortable margin of safety. | Medium-low |
ZG AI stock forecast
The ZG AI stock forecast uses conditional ranges rather than a point target. A mechanical three-year sensitivity using $0.24 TTM EPS, 20%, 12%, and negative 5% annual EPS growth, and 30x, 22x, and 15x exit PE assumptions produced $12.40, $7.40, and $3.10 outputs. That result is a warning about the low GAAP earnings base, not a reliable price target. The practical forecast depends more on Residential and Rentals growth, mortgage conversion, adjusted EBITDA, free cash flow, cash after buybacks, share count, housing turnover, the FTC case, securities litigation, and competition from Google and CoStar. Sell-side analysts carry a Buy consensus with an average target of $60.64, but individual targets range widely, which is why this page presents scenarios instead of a single prediction.
$45 to $65
More likely if housing turnover improves, Residential and Rentals keep growing faster than the market, Zillow Home Loans converts more platform demand, adjusted EBITDA expands into cash earnings, the FTC case and securities litigation resolve without costly remedies, and repurchases occur below intrinsic value. Analyst targets from $46 to $60.64 provide the upper reference.
$30 to $45
More likely if the platform grows at a moderate rate while housing activity stays uneven, Rentals remains the strongest segment, mortgage contribution fluctuates with rates, legal costs remain elevated, and the market waits for a wider GAAP profit margin.
$15 to $29
More likely if housing turnover stays depressed, traffic and listing access weaken, Google or CoStar takes valuable discovery and rental demand, the FTC trial or securities fraud actions create costly remedies, buybacks deplete liquidity, or stock-based compensation and share issuance offset cash earnings.
ZG AI technical analysis
ZG AI technical analysis uses the July 31, 2026 close of $34.69 and the latest public technical snapshot available by the August 3 cutoff. StockAnalysis reported a 50-day moving average of $33.39, a 200-day moving average of $51.03, RSI of 57.71, beta of 1.98, and 20-day average volume of about 1.20 million shares. Q2 2026 earnings are scheduled for August 5, 2026. This page does not fetch request-time chart data, so confirm all levels in a live chart before acting.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $34.69 | July 31, 2026 close used for this static page. The source reported an intraday range of $33.36 to $34.83. |
| Near support | $33.36 to $33.39 | The July 31 low and the reported 50-day moving average form the nearest planning zone. A decisive close below it would weaken the short-term setup. |
| Secondary support | $31.90 to $32.00 | This zone covers the early July trading base. Reassess it after material company news. |
| Major support | $29.03 | This is the reported 52-week low, set on June 25, 2026. A decisive break below it would open a new downside framework. |
| Near resistance | $35.83 to $36.58 | The June highs mark the first recovery band. A breakout needs volume and business confirmation. |
| 50-day moving average | $33.39 | The latest StockAnalysis snapshot showed price above this intermediate trend reference as of July 31, 2026. |
| 200-day moving average | $51.03 | The long-term trend reference remained far above price in the latest public snapshot. It is not a forecast. |
| Momentum | RSI 57.71 | Momentum was neutral to slightly positive. RSI alone does not establish a sustained reversal. |
| Volume | 20-day average 1.20 million shares | July 31 volume was about 2.94 million shares, above the reported average. A sustained recovery should keep participation elevated. |
| Volatility | Beta 1.98 | The reported five-year beta was high relative to the broad market. Housing, legal, and platform news can create gaps beyond normal beta behavior. |
| Invalidation | Close below $29.03 | A decisive break below the reported 52-week low invalidates this recovery framework until a new base forms. |
ZG AI trading strategy
The ZG AI trading strategy is a rules-based research framework, not personalized advice. It combines price confirmation with housing activity, segment growth, mortgage conversion, cash flow, share count, legal developments, and the August 5 earnings report.
Watch for ZG to hold the $33.36 to $33.39 area, reclaim $35.83 to $36.58 with above-average volume, and then extend toward the 200-day moving average. Treat the move as stronger when Residential, Rentals, or Zillow Home Loans data confirms it.
Define risk before entry. A failed recovery or close below $29.03 can serve as a rules-based invalidation condition.
If ZG tests the $29.03 to $33.39 planning zone without a new legal, listing-access, traffic, or earnings thesis break, wait for stabilization and compare price action with cash generation and housing data.
Do not average down solely because the price fell. The setup breaks if support fails alongside weaker platform evidence or a higher capital requirement.
Track residential revenue, Rentals growth, mortgage origination volume, monthly unique users, visits, adjusted EBITDA, GAAP net income, adjusted free cash flow, cash and investments, repurchases, diluted shares, and FTC or securities litigation updates.
Refresh the scenario after the August 5 earnings report, major legal rulings, listing policy changes, mortgage-rate shifts, share repurchases, or material changes in Google and CoStar competition. Do not rely on stale technical levels after a high-impact event.
Investment research summary
Zillow monetizes the housing search and transaction journey by connecting consumers with agents, lenders, landlords, and software. Residential remains the largest segment, while Rentals and Mortgages provide additional ways to earn from the same intent-rich audience.
The potential moat is a familiar brand, a large consumer audience, housing data, listing liquidity, agent workflow tools, and network effects between demand and professionals. The moat is useful but not absolute because listing feeds, search distribution, and professional budgets can move.
The thesis fails if housing turnover stays low, mortgage rates delay transactions, MLS or brokerage policies restrict inventory, Google or CoStar captures discovery, Rentals growth normalizes, the FTC case or securities fraud actions force costly remedies, or buybacks consume liquidity before earnings become durable.
Jeremy Wacksman has long operating experience inside Zillow and became CEO in 2024. The team has expanded revenue, returned the company to GAAP profit, and returned capital, but the next management test is whether buybacks, product investment, mortgage risk controls, and litigation spending are sequenced around durable free cash flow.
The long-term shift toward digital housing search, online rental discovery, integrated financing, and software for agents supports the category. Yet the underlying housing market is slow, regulated, rate sensitive, and dependent on listing access, so a large addressable market does not guarantee near-term monetization.
At $34.69 and about $7.94 billion of market value, ZG was roughly 143x TTM GAAP EPS and about 23.8x TTM free cash flow using the verified inputs. The stock needs sustained cash conversion and better GAAP profitability to create a margin of safety; audience scale alone is not enough.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| ZG price | $34.69 close on July 31, 2026 | StockAnalysis historical data | August 1, 2026 |
| Market capitalization | $7.94 billion, verified as $34.69 x 228.80 million shares with 0.04% deviation | StockAnalysis and financial_rigor.py | August 2, 2026 |
| Shares outstanding | 228.80 million shares in the StockAnalysis market-cap input | StockAnalysis statistics | August 2, 2026 |
| TTM revenue | $2.693 billion, up about 17% year over year | StockAnalysis financials (Fiscal.ai) | July 31, 2026 |
| FY2025 revenue | $2.583 billion, up from $2.236 billion in 2024 | SEC 2025 Form 10-K | August 2, 2026 |
| Q1 2026 revenue | $708 million, up 18% year over year | Zillow Group Q1 2026 results | August 2, 2026 |
| Q1 2026 net income | $46 million, up from $8 million in Q1 2025 | Zillow Group Q1 2026 results | August 2, 2026 |
| Q1 2026 cash and investments | $788 million, down from about $1.3 billion at end of 2025 | Zillow Group Q1 2026 results | August 2, 2026 |
| Q1 2026 segment revenue | Residential $450 million, Mortgages $64 million, Rentals $183 million | Zillow Group Q1 2026 results | August 2, 2026 |
| Technical snapshot | 50-day $33.39, 200-day $51.03, RSI 57.71, beta 1.98, average volume 1.20 million | StockAnalysis statistics | August 2, 2026 |
| Valuation ratios | PE 142.82, forward PE 13.89, PS 2.95, P/FCF 23.84, EV/EBITDA 67.00 | StockAnalysis statistics | August 2, 2026 |
| Analyst consensus | Buy from 25 analysts, average price target $60.64, about 74.8% above the July 31 close | StockAnalysis forecast | August 2, 2026 |
| July 31 trading range | $33.36 open, $34.83 high, $33.36 low, $34.69 close, 2,936,657 shares | StockAnalysis historical data | August 1, 2026 |
| FTC litigation | FTC v. Zillow Group and Redfin pending in the Eastern District of Virginia; complaint filed September 30, 2025 | Federal Trade Commission case record | August 2, 2026 |
| Upcoming earnings | Q2 2026 results scheduled for August 5, 2026 | StockAnalysis statistics | August 2, 2026 |
This ZG AI stock analysis page is an informational tool for research and education only. It is not investment advice, a recommendation, or a guarantee of future performance. Forecast ranges are scenarios based on available data and stated assumptions as of August 3, 2026 and can be wrong.
Design trading strategies visually with 10+ indicators. Set entry/exit conditions and risk management, then generate Pine Script code with no coding required.
Filter and discover stocks based on market cap, dividend yield, P/E ratio, sector, and more. Screen thousands of stocks with real-time data.
Smart AI-driven stock selection with fundamental screening, analyst estimates, and key metrics. Filter by P/E, market cap, dividends, and more.
