Added to YB: 2026-03-19
Pitch date: 2026-03-16
CSGP [bullish]
CoStar Group, Inc.
+0.41%
current return
Author Info
No bio for this author
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services to real estate and related business communities in the United States, Australia, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$18.3B
Pitch Price
$44.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
72.01
P/E
2.6K
EV/Sales
5.50
Sector
Real Estate Management and Development
Category
special_situation
CoStar Group, Inc. (NASDAQ: $CSGP)
CSGP: CRE data behemoth w/ $3.2B rev trades $18.3B mkt cap as activists Third Point & D.E. Shaw force board changes over $3B residential push. Core CRE stable, high-20s EBITDA margins pre-residential. Mgmt guides $3.8B rev, $770M EBITDA 2026 (+75%), cuts Homes.com spend, adds $1.5B buyback. Activists want spin/exit residential or board replacement. Potential re-rating if guide met or RRE sold. Proxy fight brewing.
Read full article (13 min)