Needham analyst Brad Erickson maintained a Buy rating on Zillow Group (NASDAQ:ZG) Inc Class C on Wednesday, setting a price target of $125, which is approximately 5.56% above the present share price of $118.42.
Erickson expects Zillow Group Inc Class C to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Zillow Group Class C, with an average price target of $126.
The analysts price targets range from a high of $145 to a low of $115.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $768.35 million and a net profit of -$62.69 million. The company's market cap is $27.55 billion.
According to TipRanks.com, Needham analyst Brad Erickson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.3% and a 56.25% success rate.
Zillow Inc provides vital information about homes, real estate listings & mortgages through its website & mobile applications, enabling homeowners, buyers, sellers etc to connect with real estate & mortgage professionals best suited to meet their needs.