Zillow Group Future Growth

Future criteria checks 4/6

Zillow Group is forecast to grow earnings and revenue by 68.1% and 12.4% per annum respectively. EPS is expected to grow by 67.5% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

68.1%

Earnings growth rate

67.5%

EPS growth rate

Real Estate earnings growth	38.4%
Revenue growth rate	12.4%
Future return on equity	12.5%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Earnings Release: Here's Why Analysts Cut Their Zillow Group, Inc. (NASDAQ:ZG) Price Target To US$55.43

May 03

Recent updates

Zillow Group, Inc.'s (NASDAQ:ZG) Business Is Yet to Catch Up With Its Share Price

Jul 31

Is Zillow Group (NASDAQ:ZG) Using Debt Sensibly?

May 29

Zillow Group: Multiple Growth Catalysts, But Slowdown In Residential Is A Concern

May 18

Zillow Group: Strong Rental Growth May Offset Possible Slowdown In Residential

May 03

Earnings Release: Here's Why Analysts Cut Their Zillow Group, Inc. (NASDAQ:ZG) Price Target To US$55.43

May 03

What Zillow Group, Inc.'s (NASDAQ:ZG) P/S Is Not Telling You

Mar 25

Zillow Group Earnings: Firing On All Cylinders In Q4

Feb 22

Health Check: How Prudently Does Zillow Group (NASDAQ:ZG) Use Debt?

Feb 10

Is There An Opportunity With Zillow Group, Inc.'s (NASDAQ:ZG) 25% Undervaluation?

Jan 23

Zillow: Pain Is Here, But What's Next? Priced At 14x FCF

Sep 22

Earnings and Revenue Growth Forecasts

NasdaqGS:ZG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,900	179	638	896	17
12/31/2025	2,537	5	484	711	26
12/31/2024	2,221	-103	262	464	24
9/30/2024	2,156	-133	222	392	N/A
6/30/2024	2,071	-141	125	296	N/A
3/31/2024	2,005	-159	170	341	N/A
12/31/2023	1,945	-158	189	354	N/A
9/30/2023	1,906	-157	191	352	N/A
6/30/2023	1,893	-180	289	442	N/A
3/31/2023	1,891	-135	1,063	1,205	N/A
12/31/2022	1,958	-88	4,364	4,504	N/A
9/30/2022	2,058	-10	4,065	4,205	N/A
6/30/2022	2,125	59	1,095	1,236	N/A
3/31/2022	1,450	75	-153	-26	N/A
12/31/2021	2,132	102	-3,282	-3,177	N/A
9/30/2021	2,386	142	-3,376	-3,288	N/A
6/30/2021	2,493	164	-504	-426	N/A
3/31/2021	3,432	53	276	363	N/A
12/31/2020	1,624	5	314	423	N/A
9/30/2020	3,495	-309	692	808	N/A
6/30/2020	3,583	-414	340	454	N/A
3/31/2020	3,415	-401	-271	-165	N/A
12/31/2019	2,743	-305	-699	-612	N/A
9/30/2019	2,164	-302	-855	-769	N/A
6/30/2019	1,762	-238	-524	-443	N/A
3/31/2019	1,488	-169	-245	-166	N/A
12/31/2018	1,334	-120	-75	4	N/A
9/30/2018	1,251	-99	113	184	N/A
6/30/2018	1,189	-90	N/A	246	N/A
3/31/2018	1,131	-108	N/A	216	N/A
12/31/2017	1,077	-94	N/A	258	N/A
9/30/2017	1,022	-41	N/A	216	N/A
6/30/2017	965	-43	N/A	154	N/A
3/31/2017	906	-177	N/A	57	N/A
12/31/2016	847	-220	N/A	9	N/A
9/30/2016	788	-223	N/A	-46	N/A
6/30/2016	741	-256	N/A	-54	N/A
3/31/2016	703	-138	N/A	40	N/A
12/31/2015	645	-149	N/A	23	N/A
9/30/2015	568	-134	N/A	51	N/A
6/30/2015	480	-124	N/A	33	N/A
3/31/2015	387	-96	N/A	33	N/A
12/31/2014	326	-44	N/A	46	N/A
9/30/2014	292	-30	N/A	52	N/A
6/30/2014	257	-15	N/A	52	N/A
3/31/2014	225	-15	N/A	43	N/A
12/31/2013	198	-12	N/A	31	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: ZG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZG is expected to become profitable in the next 3 years.

Revenue vs Market: ZG's revenue (12.4% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: ZG's revenue (12.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ZG's Return on Equity is forecast to be low in 3 years time (12.5%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:52
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zillow Group, Inc. is covered by 53 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Trevor Young	Barclays
Mark May	Barclays
James Dobson	Benchmark Company

Zillow Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus estimates of losses per share improve by 17%

Price target increased by 7.2% to US$65.25

Consensus EPS estimates fall by 71%

Earnings Release: Here's Why Analysts Cut Their Zillow Group, Inc. (NASDAQ:ZG) Price Target To US$55.43

Price target decreased by 11% to US$54.98

Consensus EPS estimates upgraded to US$0.30 loss

Recent updates

Zillow: Impressive Internal Growth, But Its Stock Is Trading Rich

Zillow Group: Meeting Long-Term EBITDA Target Is Doable

Zillow Group, Inc.'s (NASDAQ:ZG) 29% Share Price Surge Not Quite Adding Up

Zillow Group, Inc. Announces Executive Changes

Consensus estimates of losses per share improve by 17%

Zillow Group, Inc. Unveils Its Data-Driven Predictions for the Trends to Define Homes in the New Year

New minor risk - Share price stability

Price target increased by 7.2% to US$65.25

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued

Zillow Group, Inc. to Report Q3, 2024 Results on Nov 06, 2024

Zillow Group, Inc. (NasdaqGS:ZG) acquired Virtual Staging AI Inc.

Zillow Group, Inc. Appoints Soumya Tulloss as Senior Vice President of Agent Sales

Zillow Group: Growth To Improve Against An Improving Macro Backdrop

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Zillow Group, Inc. Announces CEO Changes

Zillow: A Great Website (That Needs To Be Monetized)

Zillow Group, Inc.'s (NASDAQ:ZG) Business Is Yet to Catch Up With Its Share Price

Zillow Group, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Is Zillow Group (NASDAQ:ZG) Using Debt Sensibly?

Zillow Providing Open-Source Technology to Promote Fair Housing in AI-Powered Real Estate Conversations

Zillow Group: Multiple Growth Catalysts, But Slowdown In Residential Is A Concern

Consensus EPS estimates fall by 71%

Zillow Group: Strong Rental Growth May Offset Possible Slowdown In Residential

Earnings Release: Here's Why Analysts Cut Their Zillow Group, Inc. (NASDAQ:ZG) Price Target To US$55.43

Price target decreased by 11% to US$54.98

Zillow Group, Inc., Annual General Meeting, Jun 03, 2024

Zillow Group, Inc. to Report Q1, 2024 Results on May 01, 2024

What Zillow Group, Inc.'s (NASDAQ:ZG) P/S Is Not Telling You

Independent Director recently sold US$1.4m worth of stock

Consensus EPS estimates upgraded to US$0.30 loss

Zillow Group Earnings: Firing On All Cylinders In Q4

Consensus estimates of losses per share improve by 40%

Price target increased by 11% to US$60.52

Price target increased by 7.7% to US$58.09

Zillow Group, Inc. Announces Earnings Guidance for First Quarter and Full Year 2024

Health Check: How Prudently Does Zillow Group (NASDAQ:ZG) Use Debt?

Zillow Expands Rental Marketplace with Room Listings, Offering More Affordable and Flexible Options

Zillow Group, Inc. to Report Q4, 2023 Results on Feb 13, 2024

Is There An Opportunity With Zillow Group, Inc.'s (NASDAQ:ZG) 25% Undervaluation?

Zillow Empowers Renters with Credit-Building Payment Reporting

Zillow Group, Inc. Appoints J. William Gurley as A Member of the Board

Independent Director recently sold US$821k worth of stock

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 11% to US$50.65

Zillow Announces A New Look for Property Pages, Their Biggest Redesign in 5 Years

Zillow Group, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Zillow Group, Inc. (NasdaqGS:ZG) completed the acquisition of Spruce Holdings Inc.

Chief Industry Development Officer notifies of intention to sell stock

Zillow Group, Inc. (NasdaqGS:ZG) entered into an agreement to acquire Spruce Holdings Inc.

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Zillow Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Zillow Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Now 20% undervalued

Zillow Group, Inc. Announces Chief Financial Officer Changes

Consensus estimates of losses per share improve by 23%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Zillow Builds ChatGPT Plugin for Real Estate Searches

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 31%

Price target increased by 14% to US$45.53

Price target increased by 7.4% to US$41.76

Zillow Launches New AI-Powered Feature That Lets Shoppers Search for Homes

Zillow Group, Inc. to Report Fiscal Year 2022 Results on Feb 15, 2023

Forecast to breakeven in 2025

Robbins LLP Announces Class Action Against Zillow Group, Inc. Survives Motion to Dismiss

Zillow Group, Inc. (NasdaqGS:ZG) acquired VRX Media, LLC