Summary:
- Zillow Group (Z, Financial) collaborates with Epique Realty to expand its listing platform's reach.
- Analyst projections suggest a potential 35.76% upside for Zillow's stock price.
- Despite an "Outperform" brokerage recommendation, GF Value estimates indicate a slight downside.
Zillow and Epique Realty: A Strategic Collaboration
Zillow Group (Z) has formed a strategic partnership with Epique Realty, granting the realty company's agents access to Zillow's expansive listing platform. Epique Realty, active in over 35 states, seeks to utilize this alliance to boost its market influence. With this collaboration, Zillow aims to expand its market coverage by 35% by 2025, marking a significant step in strengthening its real estate presence.
Wall Street Analysts Forecast for Zillow Group
According to projections from 21 analysts, Zillow Group Inc (Z, Financial) is expected to reach an average price target of $88.05 over the next year, ranging between a high of $110.00 and a low of $70.00. This average target price suggests a potential upside of 35.76% from the current trading price of $64.86. Investors seeking more detailed estimate data can refer to the Zillow Group Inc (Z) Forecast page.
Brokerage Firm Recommendations
The consensus from 24 brokerage firms rates Zillow Group Inc (Z, Financial) at an average of 2.3, which signifies an "Outperform" status. The rating system ranges from 1 (Strong Buy) to 5 (Sell), positioning Zillow as a favorable investment option among analysts.
GuruFocus GF Value Analysis
From a valuation standpoint, the GF Value for Zillow Group Inc (Z, Financial) is projected to be $62.27 in a year, indicating a slight downside of 3.99% from the current price of $64.855. The GF Value represents GuruFocus' fair value estimate, calculated from historical trading multiples, past business growth, and future performance forecasts. Investors can explore more comprehensive data on the Zillow Group Inc (Z) Summary page.
