KeyBanc downgraded Zillow Group to Sector Weight due to a significant slowdown in housing activity, with pending home listings down 16.8% year-over-year. Zillow's Q3 2026 earnings of $0.55 per share missed the $0.60 consensus, and revenue of $724 million was 4% below expectations. Despite weaker home sales, Zillow's rentals segment grew 7% in revenue, helping offset broader market challenges. The downgrade reflects concerns over high mortgage rates above 7% and declining home sales, while rental demand remains relatively strong.
Zillow Group (ZG) trades at USD 30.19 on Pluang as of Nov 09, 2026 18:32 WIB, down 0.56% for the day. The stock's market cap stands at $6.71 billion, well below its 52-week high of $73.87. This trading context highlights investor caution following KeyBanc's downgrade amid the housing market slowdown.
Zillow Group announced it will participate in the RBC Capital Markets Global Technology, Internet, Media & Telecommunications Conference on November 17. COO and CFO Jeremy Hofmann will join a fireside chat to discuss the company's progress and outloo...
Zillow Group reported a 7% revenue increase to $724 million in Q3 2026, outperforming the broader real estate market amid challenging conditions. Mortgages and rentals segments saw significant growth, with mortgage revenue up 32% and rentals revenue ...
