Overview

• Real estate platform's Q4 revenue rose 18% yr/yr, driven by rentals and mortgages growth

• Adjusted EBITDA for Q4 increased, supported by revenue growth and cost management

• Company repurchased 3.4 mln shares for $232 mln during Q4

Outlook

• Company did not provide specific guidance for Q1 2026

Result Drivers

• RENTALS GROWTH - Rentals revenue increased 45% year over year to $168 mln, driven by multifamily revenue growth of 63%

• MORTGAGES REVENUE - Mortgages revenue rose 39% year over year to $57 mln, due to a 67% increase in purchase loan origination volume

• RESIDENTIAL REVENUE - Residential revenue up 8% year over year to $418 mln, aided by growth in agent and software offerings and New Construction marketplace

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the real estate services peer group is "buy"

• Wall Street's median 12-month price target for Zillow Group Inc is $85.00, about 57.6% above its February 9 closing price of $53.94

• The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 35 three months ago

Press Release: ID:nPn1gbBrha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)