CSGP Price Prediction Next Week
Technical Analysis: Based on the latest price data, CSGP is showing mixed signals with RSI-14 at 54.09, indicating a neutral momentum. The stock has formed a bearish pattern after reaching recent highs of $85.38.
Price Levels Analysis:
- Current price: $76.88
- Key resistance levels: $78.67 (Fibonacci R1), $80.31 (Fibonacci R2)
- Key support levels: $73.36 (Fibonacci S1), $71.72 (Fibonacci S2)
Moving Average Analysis:
- Trading near its 200-day SMA of $76.51
- Above 60-day SMA of $75.21
- Short-term SMAs (5,10,20-day) clustered around $76-77 indicating consolidation
News Impact: Recent earnings report exceeded expectations with Q4 EPS of $0.26 vs $0.22 expected. The company projects Q1 2025 revenue between $711-716 million, showing continued growth momentum.
Price Prediction for Next Week: Based on technical indicators and recent price action:
- Bullish scenario (40% probability): Break above $78.67 could push price to $80.31
- Bearish scenario (60% probability): Likely to test support at $73.36
Trading Recommendation: SELL
- Entry: Current price ($76.88)
- Target: $73.36
- Stop loss: $78.67
Rationale:
- Bearish divergence on RSI
- Price showing weakness after recent rejection at $85.38
- Stochastic RSI showing overbought conditions
- Broader market sentiment remains cautious
- Volume analysis shows declining buying pressure
CSGP Similar Chart Price Prediction
The price of CSGP is predicted to go up 0.31%, based on the high correlation periods with DOW. The similarity of these two price pattern on the periods is 96.53%.
CSGP
DOW
Up: 0.31%Similarity: 96.53%
CSGP Revenue Forecast
CSGP EPS Forecast
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CSGP VS S&P500
A dominant market position has allowed CoStar Suite to maintain high renewal rates and above-inflation price increases, leading to strong revenue growth.
Penetration rates of smaller apartment communities and high-value commercial real estate properties are still quite low on online marketplaces, implying a large addressable market for the multifamily and LoopNet segments.
Much of CoStar's business model is easily scalable, which should allow operating margins to improve as revenue grows. Residential investments have attractive risk/reward dynamics for the firm.
CSGP Analyst's Forecast
Peter Christiansen
Citigroup
Strong Buy
2025-02-20
Price Target
$88 → $86
Upside
+9.79%
Citizens JMP lowered the firm's price target on CoStar Group to $85 from $90 and keeps an Outperform rating on the shares. CoStar Group reported solid Q4 results, with both revenue and adjusted EBITDA finishing above consensus estimates, but top- and bottom-line guidance for 1Q25 and the full-year 2025 came in softer than expected, the analyst tells investors in a research note. The firm's thesis remains that CoStar's hiring efforts should bolster revenue growth in its core businesses, while its Residential business creates an overly punitive drag on the share price.
Mayank Tandon
Needham
Strong Buy
2025-02-19
Price Target
$100 → $87
Upside
+9.83%
Peter Christiansen
Citigroup
Strong Buy
2025-01-14
Price Target
$90 → $88
Upside
+26.42%
