Is CoStar Group Stock Underperforming the Nasdaq?

Core Insights - CoStar Group, Inc. operates as an information services provider in the commercial real estate industry with a market cap of $36.6 billion, offering services across the Americas, Europe, and the Indo-Pacific [1][2] Financial Performance - CoStar's stock reached a 52-week high of $97.43 on August 5 and is currently trading 10.6% below that peak, with a 6.4% gain over the past three months, underperforming the Nasdaq Composite's 12.4% increase during the same period [3] - Year-to-date, CoStar's stock has increased by 21.6% and 9.4% over the past 52 weeks, outperforming the Nasdaq's 14.2% gains in 2025 but lagging behind its 26.7% surge over the past year [4] - Following the release of Q2 results on July 22, CoStar's stock surged 6.9% in the trading session and maintained positive momentum for the next five sessions, marking the 57th consecutive quarter of double-digit topline growth [5] - Q2 2025 revenues surged 15.2% year-over-year to $781 million, exceeding Street expectations by 1.3%, while adjusted EBITDA skyrocketed 107.3% year-over-year to $85 million [5] - Adjusted EPS increased 13.3% year-over-year to $0.17, surpassing consensus estimates [6] Market Position - CoStar has underperformed compared to its peer, Jones Lang LaSalle Incorporated, which saw a 24.2% surge in 2025 and 23.9% gains over the past 52 weeks [7] - Among 16 analysts covering CoStar stock, the consensus rating is a "Moderate Buy," with a mean price target of $97, suggesting an 11.4% upside potential from current price levels [7]