Learn more

Zillow Group, Inc. (NASDAQ: Z) saw a notable upgrade today from Wedbush, with the investment firm raising its rating to “Outperform” from “Neutral” and significantly increasing its price target to $80 from the previous $50. The upgrade is driven by Wedbush’s confidence in Zillow’s Software & Services (S&S) initiatives, which have been instrumental in propelling the company’s revenue growth ahead of the national existing home market for several quarters. Wedbush also raised its FY25 revenue estimate to $2.5 billion, up from $2.4 billion, and adjusted its AEBITDA (adjusted earnings before intere…

cuu