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Zillow Group, Inc. (ZG) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Opendoor Technologies (NASDAQ:OPEN) stock is falling 7% to $2.79 in early Thursday trading, deepening a slide that now has shares down 51% year to date.
Zillow is shifting to an integrated transaction platform, driving higher revenue per connection and improved monetization despite a challenging housing market. While this is dragging on revenue recognition at the moment, and there remains uncertainty about profits, I would argue the model is working. Looking past the weak housing market and concerns regarding jostling between competitors, Zillow's valuation appears far too low given the quality of the company.
Zillow expects continued softness in the for-sale market, with newly pending sales and inventory growth both decelerating as affordability challenges push demand toward rentals Home sales fell 0.6% year over year in August, a deceleration from July's 6% annual gain, according to Zillow's August Market Report. Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June's 7.5% annual gain — even as the number of homes for sale continues to climb.
Public Employees Retirement System of Ohio bought a new position in shares of Zillow Group, Inc. (NASDAQ: ZG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 51,217 shares of the technology company's stock, valued at approximately $1,614,000.
Zillow (ZG) reported earnings 30 days ago. What's next for the stock?
Zillow data reveals which rental markets are drawing the most outside interest and where demand may be heading next Outside interest is growing fastest in Buffalo, Chicago and Houston, where out-of-town rental search shares grew the most year over year. In established hotspots — Raleigh (59%), Hartford (55%), New Orleans (54%) and Nashville (52%) — outside rental searchers outnumber local rental searchers on Zillow.
Home values in The Villages keep slipping even as the community's population soars, and the explanation has nothing to do with Florida's broader real estate market. The culprit is hiding in plain sight for anyone trying to sell.