Core Insights - CoStar Group, Inc. (CSGP) is a leading provider of commercial real estate information and marketplace services, with a market cap of $28.8 billion [1] - The company has experienced significant underperformance compared to the broader market and the Real Estate Select Sector SPDR Fund (XLRE) over the past year [2][3] Financial Performance - In Q3, CSGP reported an adjusted EPS of $0.23, exceeding consensus estimates by 21.8%, and revenue of $833.6 million, surpassing analyst expectations of $814.4 million [4] - For the full fiscal year, CSGP anticipates adjusted EPS between $0.82 and $0.84, with revenue projected between $3.23 billion and $3.24 billion [4] - Analysts predict a 9.3% decline in CSGP's EPS to $0.49 for the current fiscal year [5] Analyst Ratings - Among 18 analysts covering CSGP, the consensus rating is a "Moderate Buy," with nine "Strong Buy" ratings, two "Moderate Buys," six "Holds," and one "Strong Sell" [5] - The analyst sentiment has improved over the past three months, with eight analysts now suggesting a "Strong Buy" [6] - Baird analyst Jeffrey Meuler maintained an "Outperform" rating on CSGP, lowering the price target to $100, indicating a potential upside of 47% from current levels [6]