- George Tong from Goldman Sachs set a price target of $84 for CoStar Group (NASDAQ:CSGP), indicating a potential upside of 35.88%.

- CoStar reported a 5% increase in U.S. office leasing activity in 2025, with Boston emerging as the top growth market.

- Despite past volatility, with a high of $97.43 and a low of $57.01 over the past year, CoStar's market capitalization stands at approximately $26.2 billion, reflecting its significant role in the real estate sector.

Overview

CoStar Group (NASDAQ:CSGP) is a prominent player in the online real estate marketplace, providing valuable information and analytics. The company is known for its comprehensive data services that cater to real estate professionals. CoStar's competitors include Zillow and Redfin, but it distinguishes itself with a focus on commercial real estate data.

Market Performance and Outlook

On January 14, 2026, George Tong from Goldman Sachs set a price target of $84 for CoStar Group (NASDAQ:CSGP). At the time, the stock was priced at $61.82, suggesting a potential upside of 35.88%. This optimistic outlook aligns with CoStar's recent performance, as the company reported a 5% increase in U.S. office leasing activity in 2025.

Boston emerged as the top growth market for CoStar, contributing to the 410 million square feet of office space leased in 2025. This marks a recovery from 2024, which had the lowest leasing volume in 15 years, excluding 2020. Such growth in leasing activity supports the positive sentiment around CSGP's stock.

Currently, CSGP's stock is priced at $61.82, reflecting a 4.25% increase or $2.52. The stock has fluctuated between $58.14 and $62.52 during the day. Over the past year, it reached a high of $97.43 and a low of $57.01, indicating significant volatility.

With a market capitalization of approximately $26.2 billion, CoStar Group remains a significant player in the real estate sector. The trading volume for the day is 12.6 million shares, highlighting active investor interest. As CoStar continues to expand its market presence, the stock's performance will be closely watched.