Zillow Stock Forecast: Zillow Quotes, Price and News
Zillow Stock price fell over 20% on Wednesday morning, the day after the firm disclosed in its quarterly reports that it will close its home-flipping company owing to the “unpredictability” of the housing market.
To ZG Stock News, the statement came as a result of Zillow’s third-quarter financial report, which fell far short of expectations.
Zillow Stock Price Today
Currently, Zillow Stock price is around 66 USD, which means −0.17 (0.26%) today.
Who Owns Zillow Group Stock?
Top 10 Owners of Zillow Group Stock
|Stockholder||Stake||Zillow Group Stock owned||Total value ($)||Zillow Group Stocks bought / sold|
|Caledonia (Private) Investments P.||19.57%||36,394,056||3,207,772,096|
|The Vanguard Group, Inc.||6.49%||12,065,148||1,063,422,145||+332,530|
|Morgan Stanley Investment Managem.||5.94%||11,046,058||973,599,552||+1,480,477|
|ARK Investment Management LLC||5.46%||10,150,100||894,629,814||+117,450|
|Baillie Gifford & Co.||4.62%||8,597,495||757,783,209||+620,482|
|Nikko Asset Management Co., Ltd.||4.52%||8,409,701||741,231,046||+2,041,490|
|JPMorgan Investment Management, I.||4.47%||8,307,263||732,202,161||+843,504|
|SRS Investment Management LLC||3.93%||7,304,499||643,818,542|
|BlackRock Fund Advisors||3.31%||6,149,219||541,992,163||-373,365|
|Nikko Asset Management Americas, .||3.01%||5,600,501||493,628,158||+370,249|
When Was Zillow Group Inc Founded?
Zillow, the company of Zillow Group Stock, was founded in December 2004. In February 2006, Zillow Group launched its website. Spencer Rascoff was chosen CEO of the firm in 2010.
What Does Zillow Group Do?
Zillow Group, Inc., an online real estate firm, runs real estate businesses in the United States through mobile apps and services on websites. It works in three divisions: Homes; Internet, Media, and Technology; and Mortgages. The firm’s mobile apps and services on websites provide a variety of real estate sales and services related, such as purchasing, selling, renting, and funding services for residential housing properties; buying and selling residences; title and escrow services, property insurance goods & services, and housing loans. Zillow, Zillow Offers, Zillow Closing Services, Zillow Home Loans, Trulia, StreetEasy, and HotPads are among its names. Zillow Group, Inc. was founded in 2004 and is based in Seattle, Washington.
When Did Zillow Group Stock Go Public?
On July 20, 2011, Zillow Group Stock began listing on the NASDAQ Stock Market, according to official Zillow Group Inc news.
ZG Stock News
Here are some key data for Zillow Group Inc news:
- By midday on Wednesday, Zillow Stock pricehad dropped over 20% to roughly $69 per share, which is the lowest Zillow Stock price in the previous 12 months of trade.
- On Tuesday afternoon, the digital real estate business revealed results that fell far short of analysts’ Zillow price predictions. It also said that it will shut down its Offers service, which buys and sells properties, over the next several months due to balance-sheet volatility.
- The firm’s decision to seriously reduce its operations would result in the layoff of 25% of its workforce—roughly 2,000 people—over the following few quarters.
- Based on the Zillow Group Inc news, the company cited its house-flipping service, which was similarly impacted by labor and distribution network shortages, as too dangerous since it could no longer make Zillow price predictions
- This was made clear by Zillow’s loss-making third quarter as with the Zillow price predictions: As per Zillow Group Inc news, based on an investor letter dated Tuesday, the business took a $304 million write-down on stock it still has dozens of unsold properties- because it “deliberately purchased residences at greater values than the current forecasts of future selling values.”
- Whereas the housing market plummeted, such as Zillow Stock price, at the beginning of the Covid-19 epidemic, it has subsequently recovered impressively, with values in many major markets reaching historic highs.
Zillow announced $1.74 billion in third-quarter sales, less than the $2 billion predicted, and a loss of 95 cents per share (experts were expecting earnings of 16 cents per share, as per the Refinitiv). According to the shareholder letter we mentioned with Zillow Group Inc news, the business now estimates fourth-quarter revenues of $2.8 billion and a loss of $136 million to $186 million.
Despite the analysts of Zillow price predictions for 2021, 2022, 2023, 2024, 2025, 2030 recently reducing Zillow shares and lowering Zillow price predictions, noted value investor Cathie Wood of Ark Invest actually raised her holdings in the digital real estate giant. According to Zillow Group Inc news, on Tuesday, the financier purchased 288,813 stocks of Zillow for around $25 million for her flagship ARK Innovation program.
$230 million in total. It is how much founders and CEO Rich Barton’s wealth lost on Wednesday when Zillow shares plunged. According to Zillow Group Inc news, he currently has a total wealth of $1 billion.
Is Zillow Group Stock a Buy?
According to ZG Stock news, 5 (33.33 percent) of 15 analysts suggest ZG Stock as a Strong Buy, 2 (13.33 percent) suggest ZG Stock as a Buy, 7 (46.67 percent) suggest ZG Stock as a Hold, 0 (0 percent) suggest ZG Stock as a Sell, and 1 (6.67 percent) suggest ZG Stock as a Strong Sell.
Zillow Stock Forecast
Zillow Stock Forecast for the next days
|Date||Price||Min Price||Max Price|
|2021-11-09||Price: 68.252||Min: 56.649||Max: 79.499|
|2021-11-10||Price: 64.344||Min: 52.706||Max: 75.977|
|2021-11-11||Price: 67.236||Min: 55.313||Max: 78.897|
|2021-11-12||Price: 67.063||Min: 56.090||Max: 78.917|
|2021-11-15||Price: 63.295||Min: 51.537||Max: 74.348|
|2021-11-16||Price: 63.387||Min: 51.391||Max: 74.560|
|2021-11-17||Price: 59.478||Min: 48.261||Max: 70.782|
|2021-11-18||Price: 62.371||Min: 50.958||Max: 73.398|
|2021-11-19||Price: 62.198||Min: 49.026||Max: 73.356|
|2021-11-22||Price: 58.430||Min: 46.345||Max: 69.599|
- The average recommendation among 15 analysts of Zillow Stock Forecast for 2021, 2022, 2023, 2024, 2025, 2030 is to Buy ZG stock.
- Zillow’s predicted yearly revenue growth rate of 37.34 percent is expected to outperform the US Internet Content & Information company’s average Zillow Stock Forecastrevenue growth rate of -3.99 percent, but not to beat the US market’s average Zillow Stock Forecast revenue growth rate of 54.06 percent.
- As per the Zillow price predictions, the long-term profit potential is +105.81% in a year.
- According to Zillow Stock Forecast2026, future stock price will be 304.788 USD in five years.
- The Zillow stock price can increase from 68.160 USD to 140.283 USD in a year, according to the Zillow Stock Forecasts for 2021, 2022, 2023, 2024, 2025, 2030.
You will find the Zillow Stock Forecast for 2021, 2022, 2023, 2024, 2025, 2030 charts below.
Zillow Stock Forecast 2021
|Date||Opening Zillow price prediction||Closing Zillow price prediction||Minimum Zillow price prediction||Maximum Zillow price prediction|
|December 2021||Open: 104.186||Close: 110.009||Min: 104.186||Max: 110.009|
|Zillow Stock Forecast 2022|
|January 2022||Open: 110.243||Close: 113.784||Min: 110.243||Max: 113.784|
|February 2022||Open: 114.296||Close: 120.609||Min: 114.296||Max: 120.931|
|March 2022||Open: 120.692||Close: 117.563||Min: 116.612||Max: 120.692|
|April 2022||Open: 117.686||Close: 120.475||Min: 117.686||Max: 120.475|
|May 2022||Open: 120.735||Close: 125.887||Min: 120.735||Max: 125.887|
|June 2022||Open: 126.060||Close: 131.069||Min: 126.060||Max: 131.069|
|July 2022||Open: 131.127||Close: 133.975||Min: 131.127||Max: 134.050|
|August 2022||Open: 133.806||Close: 134.095||Min: 133.065||Max: 134.095|
|September 2022||Open: 134.178||Close: 136.573||Min: 134.178||Max: 136.592|
|October 2022||Open: 136.534||Close: 139.635||Min: 136.534||Max: 139.635|
|November 2022||Open: 140.097||Close: 145.282||Min: 140.097||Max: 145.282|
|December 2022||Open: 145.440||Close: 151.178||Min: 145.440||Max: 151.178|
|Zillow Stock Forecast 2023|
|January 2023||Open: 151.435||Close: 155.253||Min: 151.435||Max: 155.253|
|February 2023||Open: 155.484||Close: 162.177||Min: 155.484||Max: 162.215|
|March 2023||Open: 161.992||Close: 158.817||Min: 157.990||Max: 161.992|
|April 2023||Open: 159.186||Close: 161.668||Min: 159.186||Max: 161.668|
|May 2023||Open: 161.902||Close: 167.093||Min: 161.902||Max: 167.093|
|June 2023||Open: 167.301||Close: 172.340||Min: 167.301||Max: 172.340|
|July 2023||Open: 172.515||Close: 175.171||Min: 172.515||Max: 175.320|
|August 2023||Open: 175.355||Close: 175.369||Min: 174.421||Max: 175.369|
|September 2023||Open: 175.444||Close: 177.862||Min: 175.444||Max: 177.862|
|October 2023||Open: 177.837||Close: 181.114||Min: 177.837||Max: 181.114|
|November 2023||Open: 181.299||Close: 186.538||Min: 181.299||Max: 186.538|
|December 2023||Open: 186.686||Close: 192.336||Min: 186.686||Max: 192.336|
|Zillow Stock Forecast 2024|
|January 2024||Open: 192.617||Close: 196.446||Min: 192.617||Max: 196.446|
|February 2024||Open: 196.709||Close: 203.326||Min: 196.709||Max: 203.611|
|March 2024||Open: 203.147||Close: 199.959||Min: 199.351||Max: 203.147|
|April 2024||Open: 200.313||Close: 203.412||Min: 200.313||Max: 203.412|
|May 2024||Open: 203.475||Close: 208.535||Min: 203.475||Max: 208.535|
|June 2024||Open: 209.154||Close: 213.556||Min: 209.154||Max: 213.556|
|July 2024||Open: 213.721||Close: 216.628||Min: 213.721||Max: 216.717|
|August 2024||Open: 216.565||Close: 216.635||Min: 215.731||Max: 216.635|
|September 2024||Open: 216.860||Close: 219.135||Min: 216.860||Max: 219.143|
|October 2024||Open: 219.372||Close: 222.538||Min: 219.246||Max: 222.538|
|November 2024||Open: 222.752||Close: 227.786||Min: 222.752||Max: 227.786|
|December 2024||Open: 228.243||Close: 234.128||Min: 228.243||Max: 234.128|
|Zillow Stock Forecast 2025|
|January 2025||Open: 234.183||Close: 237.928||Min: 234.183||Max: 237.928|
|February 2025||Open: 238.781||Close: 244.651||Min: 238.781||Max: 244.990|
|March 2025||Open: 244.048||Close: 241.442||Min: 240.636||Max: 244.048|
|April 2025||Open: 241.814||Close: 244.646||Min: 241.814||Max: 244.646|
|May 2025||Open: 244.743||Close: 249.572||Min: 244.743||Max: 249.572|
|June 2025||Open: 250.175||Close: 254.933||Min: 250.175||Max: 254.933|
|July 2025||Open: 255.238||Close: 257.936||Min: 255.238||Max: 258.062|
|August 2025||Open: 257.868||Close: 257.831||Min: 257.029||Max: 257.868|
|September 2025||Open: 258.047||Close: 260.669||Min: 258.047||Max: 260.669|
|October 2025||Open: 260.631||Close: 263.769||Min: 260.551||Max: 263.769|
|November 2025||Open: 264.407||Close: 268.898||Min: 264.407||Max: 268.898|
|December 2025||Open: 269.328||Close: 275.361||Min: 269.328||Max: 275.361|
|Zillow Stock Forecast 2026|
|January 2026||Open: 275.455||Close: 278.902||Min: 275.455||Max: 278.902|
|February 2026||Open: 279.690||Close: 286.106||Min: 279.690||Max: 286.312|
|March 2026||Open: 285.611||Close: 282.944||Min: 281.909||Max: 285.639|
|April 2026||Open: 283.038||Close: 285.917||Min: 283.038||Max: 285.917|
|May 2026||Open: 286.005||Close: 290.618||Min: 286.005||Max: 290.618|
|June 2026||Open: 291.201||Close: 296.451||Min: 291.201||Max: 296.451|
|July 2026||Open: 296.479||Close: 299.236||Min: 296.479||Max: 299.387|
|August 2026||Open: 299.008||Close: 299.237||Min: 298.343||Max: 299.237|
|September 2026||Open: 299.560||Close: 301.926||Min: 299.560||Max: 301.959|
|October 2026||Open: 301.926||Close: 304.788||Min: 301.859||Max: 304.788|