1131 ET - Zillow needs to start playing offense following a bruising 2025, Benchmark analyst Daniel Kurnos writes in a note, pointing out that the stock price is only 10% above its Liberation Day lows from last year. He says the stock "seems to be on the outs in the near-term" for myriad reasons: several ongoing lawsuits, Compass' acquisition of Anywhere, shaky CoStar guidance, an overall bearish attitude around underlying rentals growth, and the possibility of government intervention around affordability or insurance rates. Still, Kurnos writes, the underlying business still has momentum, and Zillow getting one or more of its outstanding lawsuits dismissed could flip investor sentiment toward bullishness. "Any way one slices it, we think shares of Zillow anywhere in the $60 range have historically represented an excellent entry point, making Zillow one of our favorite ideas for 2026." (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 11:31 ET (16:31 GMT)

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